Investment Rating - The industry investment rating is "Positive" (maintained) [8] Core Viewpoints - As of Q2 2025, institutional holdings in bank stocks have increased, primarily driven by passive investments, with limited growth in active public fund holdings. The overall chip structure remains healthy, with shares of state-owned banks and city commercial banks favored due to their low valuations or strong fundamentals [1][2] - The report suggests a continued positive outlook for the banking sector, emphasizing a long-term bullish trend rather than a mid-cycle correction. It recommends focusing on state-owned banks in 2024 and improving banks in economically developed regions in 2025, while also highlighting value-oriented banks with state-owned enterprise backgrounds in the Hong Kong market [5][6] Summary by Sections Overall Holdings - By the end of Q2 2025, the proportion of bank stocks held by public funds and northbound funds increased by 8.5% compared to Q1 2025, with a 0.7 percentage point rise in the proportion of free-floating shares. The main contributors to this increase were passive funds, while active public funds showed limited growth [1] - The holdings of small and medium-sized banks increased, with state-owned banks, joint-stock banks, city commercial banks, and rural commercial banks seeing respective increases of 0.1, 1.2, 1.0, and 0.6 percentage points in their institutional holdings [1] Individual Bank Performance - The banks with the largest increases in institutional holdings include Minsheng, CITIC, Ping An, Chongqing, and Yunnan Agricultural Bank, with respective increases in the proportion of free-floating shares of 3.2, 2.9, 2.7, 2.6, and 2.6 percentage points [2] Northbound Funds - Northbound funds maintained stable holdings, with a 2.3% increase in the number of shares held by the end of Q2 2025. The proportion of holdings in state-owned banks and joint-stock banks increased, while rural commercial banks experienced a notable outflow [3] Passive Public Funds - Passive holdings continued to rise, with a 39.0% increase in the number of bank stocks held by index funds by the end of Q2 2025, driven by index expansions and weight adjustments [4] Active Public Funds - Active public fund holdings increased by 6.3%, with a slight rise in the proportion of free-floating shares. However, the overall growth was below expectations, with significant increases in holdings of low-valuation or fundamentally strong joint-stock banks and city commercial banks [5]

本 公 告 僅 供 參 考，並 不 構 成 收 購、購 買 或 認 購 證 券 之 邀 請 或 要 約。本 公 告 並 不 構 成 或 組 成 在 美 國 境 內 提 呈 發 售 或 招 攬 購 買 或 認 購 任 何 證 券 之 建 議。本 公 告 所 述 證 券 概無且不會根據經修訂的1933年《美 國 證 券 法》（「證券法」）或 美 國 任 何 州 的 證 券 法 登 記。除 根 據 證 券 法 獲 豁 免 或 屬 不 受 該 等 登 記 規 定 所 規 限 之 外，證 券 不 可 在 美 國 境 內 提 呈 發 售 或 出 售。本 公 告 及 其 所 含 資 料 不 得 直 接 或 間 接 在 或 向 美 國 境 內 進 行 分 發。本 公 告 所 述 證 券 不 可 且 不 會 在 美 國 提 呈 公 開 發 售。 誠如日期為2025年7月21日 的 發 售 通 函 所 述，中 信 銀 行 股 份 有 限 公 司（「本 行」）已 向 香 港 聯 合 交 易 所 有 限 公 司 提 出 申 請，以 僅 向 專 業 投 資 者（定 義 見 香 港 聯 合 交 易 所 有 限公司證券上市規則第37章）發 ...

长沙晚报掌上长沙7月21日讯（通讯员 刘朝钰）7月19日，中信银行"少年看中国"主题活动长沙站乘风启航，本次 活动以"长安诗歌美学"为主题，带领亲子家庭精读《长安诗选》，为少年们开启一场关于穿越盛唐的视觉与心灵 盛宴。 携手中信出版集团，与中国少年共赴"阅读中国"之旅 "少年看中国"系列活动是中信银行携手中信出版集团打造的贵宾尊享"阅读中国"之旅沙龙活动，精选文化地理、 人文社科类书籍，邀请名家讲师深度分享好书。本次活动特邀《长安诗选》作者韩潇，带领现场的亲子家庭沿着 诗歌的脉络，重游那个兼容并蓄、气象万千的大唐。少年们全程互动热烈，与韩潇老师交流诗歌与历史文化，点 燃现场氛围。 不止于精彩内容展映，"少年看中国"长沙站还特别设计了沉浸式互动游戏以及作家签名会，少年们通过完成"长安 飞花令""贵妃的荔枝""投壶射礼"等任务，以寓教于乐的方式充分调动少年们的兴趣爱好。"希望我们的活动能激 发少年们对阅读的兴趣。陪中国少年看中国河山，滋养少年成长、开拓少年视野，是我们打造'少年看中国'系列 主题活动的初心。"中信银行长沙分行相关负责人表示。 锚定少年成长，打磨亲子家庭专属服务体系 亲子客群是银行精细化客群运营的重 ...

Core Viewpoint - The article discusses the efforts of China CITIC Bank's Nanchang Hongcheng Branch to uphold the legal status of the Renminbi and ensure the public's right to use cash, by conducting a campaign against the refusal of cash payments and promoting cash circulation [1][2]. Group 1: Campaign Activities - The bank has launched a comprehensive campaign in cash management areas to address the refusal of cash and promote awareness of relevant laws [1]. - Staff engaged with local communities, merchants, and residents to educate them about the legal implications of refusing cash payments and the importance of respecting cash payment rights [1][2]. - A multi-faceted promotional approach was adopted, combining online and offline methods, including setting up consultation desks, distributing brochures, and using social media platforms to disseminate information [1]. Group 2: Merchant Engagement and Compliance - Bank staff conducted thorough inspections of merchants in cash management areas to identify instances of cash refusal and provided guidance for rectification [2]. - The initiative included understanding the cash usage needs of merchants and residents, offering services such as small change and damaged currency exchanges [2]. - The campaign received positive feedback from merchants and residents, enhancing public awareness of the Renminbi's legal status and reinforcing the importance of cash payment rights [2]. Group 3: Future Plans - The bank plans to continue its efforts in combating cash refusal, improving cash management mechanisms, and increasing the frequency of promotional activities and inspections [2]. - The goal is to maintain the legal status of the Renminbi and provide high-quality, convenient cash services to the public, fostering a safe and efficient cash circulation environment [2].

Group 1 - The company, CITIC Bank, announced a plan to issue bonds to professional investors, with a total amount of 5 billion USD [1] - The bond issuance will be in the form of a 12-month medium-term note program [1] - The program is expected to become effective on July 22, 2025 [1]

Core Viewpoint - The credit card industry in China is experiencing a significant transformation, shifting from expansion to a focus on quality and efficiency, as evidenced by the increasing number of banks discontinuing co-branded credit card products [12][19]. Group 1: Market Trends - Since January 1, 2025, at least seven major banks have announced the discontinuation of at least 22 co-branded credit card products, indicating a trend of product adjustments in the credit card market [2][6]. - Major banks, including China Bank and Citic Bank, have stopped issuing various co-branded credit cards, with reasons primarily cited as "business adjustments" or "contract expiration" [4][6]. Group 2: Product Adjustments - Co-branded credit cards, which are partnerships between banks and profit-oriented institutions, are being phased out due to their unsustainable cooperation models and imbalanced overall returns [9][10]. - Banks are transitioning to standard credit cards for existing co-branded cardholders, with changes in reward structures and benefits [4][6]. Group 3: Regulatory Environment - The regulatory framework has tightened, with new guidelines from the former CBIRC and the People's Bank of China mandating banks to focus on quality over quantity in credit card issuance [10][12]. - The new regulations require banks to limit the ratio of dormant credit cards to no more than 20%, prompting a reevaluation of credit card strategies [10][12]. Group 4: Consumer Behavior - The credit card market is increasingly catering to younger consumers, who have diverse interests and consumption needs, necessitating banks to innovate and tailor products accordingly [18][19]. - The decline in credit card issuance and usage reflects a broader trend of market saturation and the need for banks to refine their customer engagement strategies [12][13]. Group 5: Future Outlook - The discontinuation of co-branded credit cards is seen as a necessary step towards a more refined and efficient credit card business model, focusing on high-value customer segments and innovative product offerings [15][19]. - The industry is expected to evolve towards precision marketing and enhanced customer experiences, leveraging digital technologies and data analytics [7][19].

此次增资完成后，中信金租资本实力将跻身金融租赁行业第一梯队。数据显示，截至2024年末，全国金 融租赁公司数量为71家，其中注册资本超百亿元的不足10家，包括交银金租（200亿元）、工银金融租 赁（180亿元）、国银金融租赁（126亿元）、招银金租（120亿元）等头部机构。中信金租加入"百亿俱 乐部"，不仅提升了自身的市场地位，也加剧了行业内的竞争态势。这反映了金融租赁行业近年来资本 加速集中的趋势，大型租赁公司凭借更强的资本实力，在获取优质项目、抵御风险方面具有明显优势。 中信银行7月18日发布公告，宣布其全资子公司中信金融租赁有限公司（以下称"中信金租"）已完成60 亿元增资及工商变更登记，注册资本从40亿元大幅提升至100亿元。 此次增资采取"现金+利润转增"的模式，其中30亿元来自中信银行直接注资，另外30亿元则通过未分配 利润转增完成。这种双轨并行的增资方式在业内颇具示范意义，既体现了母公司对子公司发展的大力支 持，又展现了中信金租自身强劲的盈利能力和资本积累。这一显著的动作，不仅标志着中信金租资本实 力的质的飞跃，更在当前金融行业竞争加剧、监管要求趋严的背景下，释放出中信银行深化布局金融租 赁板块 ...

Core Viewpoint - The event organized by Citic Bank's Guiyang branch and the local police department aimed to raise awareness about fraud prevention through an innovative outdoor cinema experience, combining entertainment with education [1][3][5] Group 1: Event Details - The "outdoor anti-fraud cinema" was set up in the Shanshui Qiancheng community, featuring a prominent display of anti-fraud materials for residents to access [1] - The event included the screening of a video based on real fraud cases, which helped residents understand the dangers of scams [3] - Interactive knowledge quizzes engaged residents, fostering a lively atmosphere and enhancing their understanding of fraud prevention [3] Group 2: Community Engagement - The initiative attracted many residents, who appreciated the combination of film and educational content, leading to a warm and meaningful learning environment [3] - Feedback from attendees indicated a newfound awareness of the various types of scams, highlighting the effectiveness of the event in delivering crucial information [3] Group 3: Future Commitment - Citic Bank's Guiyang branch expressed its commitment to continue innovating in public education on financial safety, aiming to reach more residents with accessible and engaging methods [5] - The event reflects the bank's dedication to social responsibility and its promise to protect the financial security of the community [5]

本行董事会及全体董事保证本公告内容不存在任何虚假记载、误导性陈述或 者重大遗漏，并对其内容的真实性、准确性和完整性承担法律责任。 中信银行股份有限公司（以下简称本行）于 2025 年 2 月 20 日召开董事会会 议，审议通过《关于中信金融租赁有限公司资本补充方案的议案》，同意对全资 子公司中信金融租赁有限公司（以下简称中信金租）增资人民币 30 亿元，并同 意其将人民币 30 亿元未分配利润转增注册资本（以下简称本次增资）。相关情 况详见本行于 2025 年 2 月 21 日在上交所网站（www.sse.com.cn）和本行网站 （www.citicbank.com）披露的《中信银行股份有限公司董事会会议决议公告》和 《中信银行股份有限公司关于向中信金融租赁有限公司增资及其未分配利润转 增注册资本的公告》。 近日，本行收到中信金租通知，其已根据《天津金融监管局关于中信金融租 赁有限公司变更注册资本的批复》（津金复〔2025〕202 号），完成增资及注册 资本变更登记等相关法定变更手续，并取得换发后的营业执照。营业执照所载中 信金租注册资本由人民币 40 亿元变更为人民币 100 亿元。 证券代码：60199 ...

Core Viewpoint - The article emphasizes the importance of strengthening the party's organizational structure and enhancing the capabilities of party members at CITIC Bank's Beijing branch to meet diverse financial needs and contribute to high-quality economic development in the capital [1]. Group 1: Education and Training - CITIC Bank's Beijing branch focuses on enhancing the political theory level of its party members through various training programs, including immersive teaching and visits to historical sites [6]. - The branch implements a combination of individual and group learning methods to ensure the effectiveness of party member education, aligning with national guidelines [5][6]. - Continuous learning and practical application of Xi Jinping's thoughts are encouraged among party members to improve their political stance and professional skills [6][10]. Group 2: Organizational Development - The branch has over 1,400 party members and 200 active applicants, with a structured and quality-focused approach to developing its party member base [7]. - A strict mechanism for managing and supervising party members is in place to maintain the integrity and effectiveness of the party [8]. - The branch promotes a culture of excellence and continuous improvement among its members, ensuring that political standards are prioritized in the development process [7][8]. Group 3: Practical Application and Community Engagement - The branch actively engages in community service initiatives, addressing the needs of employees and customers, and enhancing service quality [10]. - A "Party Member Pioneer Team" has been established to lead efforts in supporting the real economy and protecting consumer rights [10]. - As of June 2025, the branch reported a significant increase in loans, demonstrating the effectiveness of its initiatives in driving high-quality development [10]. Group 4: Integration of Party and Business - The branch aims to integrate party building with business operations, ensuring that both aspects are planned, deployed, and executed together [11]. - The focus is on creating a robust service ecosystem that leverages the strengths of the CITIC Group to enhance financial services [11]. - The branch's commitment to Xi Jinping's thoughts and the central financial work meeting's spirit is highlighted as a guiding principle for its operations [11].