每经AI快讯，11月12日，中信银行（00998.HK）公告，公司将派发2025年度中期股息，每股中期股息 为0.188元。登记股东将自动以港币收取现金股息，除非其选择以人民币收取。如欲以人民币收取该中 期股息，须于2025年11月27日星期四下午4时30分前将股息货币选择表格交回香港中央证券登记有限公 司。 ...

+ CCS3341 CTKH + NAME(S) AND ADDRESS OF REGISTERED SHAREHOLDER(S) 登記股東之姓名及地址 中信銀行股份有限公司 China CITIC Bank Corporation Limited (A joint stock limited company incorporated in the People's Republic of China with limited liability) （在中華人民共和國註冊成立的股份有限公司） (Stock code 股份代號 : 998) DIVIDEND CURRENCY ELECTION FORM FOR 2025 INTERIM DIVIDEND OF RMB 0.188 PER SHARE ("2025 INTERIM DIVIDEND") 二零二五年中期股息每股人民幣 0.188 元（「二零二五年中期股息」） 股息貨幣選擇表格 Registered shareholders will automatically receive their cash dividends in Hong Kong do ...

Core Points - The article highlights a financial knowledge promotion event organized by CITIC Bank's Luoyang branch aimed at enhancing financial security awareness among the elderly population in response to the national strategy for addressing population aging [1][2] - The event included practical training on identifying counterfeit currency and recognizing common scams targeting seniors, which received positive feedback from participants [1] Group 1: Financial Knowledge Promotion - CITIC Bank's Luoyang branch conducted a financial knowledge promotion event at a local senior university, focusing on counterfeit currency identification and fraud prevention [1] - The training involved hands-on techniques for recognizing fake currency, such as checking watermarks and security features [1] - Participants learned about prevalent scams, including those related to retirement investments and health product promotions, and were educated on the "four no" principles for fraud prevention [1] Group 2: Future Initiatives - CITIC Bank plans to continue enhancing its elderly financial service system and innovate methods for financial knowledge dissemination [2] - The bank aims to actively safeguard the financial security of the elderly population through ongoing educational efforts [2]

Core Insights - The article highlights the proactive measures taken by China CITIC Bank's Zhengzhou branch to combat telecom network fraud and safeguard customers' financial security through technology, improved mechanisms, and optimized processes [1] Group 1: Fraud Prevention Measures - China CITIC Bank Zhengzhou branch has successfully intercepted multiple suspicious fraud-related incidents, demonstrating a commitment to protecting customers' funds [1] - The bank has established a collaborative "anti-fraud workstation" with law enforcement to facilitate real-time communication regarding suspicious activities [5] - The bank has implemented a risk feature model to quantify suspicious characteristics and enhance staff training to strengthen anti-fraud capabilities [6][7] Group 2: Successful Interventions - A recent case involved the identification of a suspicious individual attempting to transfer 120,000 yuan, leading to the arrest of three suspects through effective collaboration with police [2] - Another incident saw the bank block a fraudulent transfer of 185,000 yuan after detecting inconsistencies in a housing sale contract presented by a customer [3][4] - The bank successfully halted a fraudulent international transfer of 50,000 USD, coordinating with law enforcement and the customer's family to recover the funds [5] Group 3: Performance Metrics - In the first three quarters of 2025, the bank intercepted 1,867 risk events at the counter, leading to the arrest of four suspects and the protection of over 73 million yuan in customer funds [7] - The bank received 166 letters of appreciation from law enforcement for its efforts in fraud prevention [7] - The bank's anti-fraud short video won an award at a national competition, further recognizing its commitment to consumer protection [7]

Core Viewpoint - The recent fluctuations in gold prices have prompted several banks to adjust their gold accumulation services, reflecting a response to market conditions and consumer behavior [1][2]. Group 1: Bank Adjustments - Multiple banks, including China Construction Bank and CITIC Bank, have revised their gold accumulation business rules in response to rising gold prices [2][5]. - China Construction Bank has clarified that its gold accumulation business will be based on a balance of price and volume, allowing for adjustments in transaction quotes according to market conditions [2][3]. - CITIC Bank has increased the minimum investment amount for its gold accumulation plan from 1000 yuan to 1500 yuan, while maintaining the minimum weight for regular accumulation at 1 gram [5]. Group 2: Gold Jewelry Market Trends - The price of gold jewelry has surged, with some brands exceeding 1300 yuan per gram, leading to a decline in consumer interest in gold jewelry [6][7]. - Data from the China Gold Association indicates that gold consumption in the first three quarters of 2025 was 682.730 tons, a year-on-year decrease of 7.95%, with gold jewelry consumption dropping by 32.50% [7]. - Major jewelry brands, such as Lao Feng Xiang, reported significant declines in revenue and profit due to high gold prices, which have suppressed gold jewelry consumption [7][8]. Group 3: Market Demand and Supply Dynamics - The global demand for gold reached a record high of 1313 tons in the third quarter of 2025, driven by strong investment demand, including purchases by central banks [8]. - China's gold reserves increased by 30,000 ounces to 7,409,000 ounces by the end of October, marking the twelfth consecutive month of gold accumulation [8].

2025年11月12日，中信银行（601998）发布公告称，为贯彻落实党中央、国务院关于大力提振消费、全 方位扩大国内需求的决策部署，降低服务业经营主体融资成本，助力激发消费市场活力，促进经济加快 向好发展，根据《服务业经营主体贷款贴息政策实施方案》（财金〔2025〕81号）工作部署，中信银行 积极有序推动相关实施工作，现就客户关注问题解答如下： （1）客户申请贷款的经营主体为餐饮住宿、健康、养老、托育、家政、文化娱乐、旅游、体育8类消费 领域。 （2）2025年3月16日至2025年12月31日期间，客户与中信银行完成个人经营贷款的贷款合同签订且相关 贷款资金发放至经营主体。 （3）贷款资金合规用于改善消费基础设施和提升社会服务能力。 （4）客户完成《中信银行服务业经营主体个人贷款财政贴息补充协议》签署。如客户未签署补充协 议，视为放弃本笔贷款财政贴息，不影响贷款的申请、办理及使用。 （5）借款合同按约定足额偿还本金及利息。 （6）贴息申请经省级财政、民政、人力资源社会保障、商务、文化和旅游、卫生健康、体育等相关管 理部门审核通过。 1.问：中信银行财政贴息的服务业经营主体个人经营贷款产品范围有哪些？ 答： ...

Core Viewpoint - The recent adjustments in gold accumulation business rules by major banks, including China Construction Bank and CITIC Bank, reflect the increasing volatility in gold prices and the need to protect investor interests. These changes include raising minimum investment thresholds and revising transaction rules to manage market risks effectively [1][3][4]. Group 1: Changes in Banking Rules - China Construction Bank revised its gold accumulation business rules, effective November 15, 2025, adjusting the monthly accumulation starting amount to 1200 yuan, with increments of 10 yuan [1]. - CITIC Bank announced an increase in the minimum investment amount for its gold accumulation plan from 1000 yuan to 1500 yuan, effective the same date [1][6]. - The new rules emphasize "price-volume balance," allowing banks to adjust transaction quotes based on market conditions, including international and domestic gold price trends, trading positions, and liquidity [4][6]. Group 2: Market Conditions and Price Trends - After a period of correction, gold prices have resumed an upward trend, with international gold prices reaching 4140 USD per ounce and domestic prices at 948.23 yuan per gram on November 11 [2][9]. - The fluctuations in gold prices are attributed to various factors, including geopolitical events and investor profit-taking, leading to significant daily price changes [9][10]. Group 3: Implications for Investors - The adjustments in gold accumulation business rules are seen as a response to the heightened investment risks associated with volatile gold prices, potentially limiting participation from small investors [3][8]. - The changes may also affect liquidity and increase transaction costs for short-term trading, as banks have the authority to adjust buy-sell spreads based on market conditions [6][8]. - Analysts suggest that while the long-term outlook for gold remains positive, investors should be cautious of increased market volatility and the impact of currency fluctuations on gold import costs [11].

Core Insights - Construction Bank and Citic Bank announced updates to their gold accumulation business, reflecting a shift in banking strategies to enhance service quality and respond to market changes [1][4] Group 1: Changes in Gold Accumulation Business - Construction Bank revised its "Personal Gold Accumulation Business Product Introduction and Trading Rules," effective November 15, 2025, focusing on transaction pricing and large redemptions [1][3] - Citic Bank raised the minimum investment for its gold accumulation plan from 1,000 yuan to 1,500 yuan, effective November 15, 2025, while maintaining the minimum weight for periodic accumulation at 1 gram [4] Group 2: Service Quality and Risk Management - The revisions by Construction Bank include an increase in the minimum daily accumulation and self-selected accumulation starting amount to 1,200 yuan, and an extension of trading hours to Saturday 2:30 AM [2][4] - The bank's pricing mechanism will consider various factors, including international and domestic gold price trends, trading positions, and market liquidity, indicating a focus on risk control and market stability [3][4] - The adjustments reflect a broader trend among banks to shift from "expanding scale" to "improving quality," enhancing customer engagement while managing business risks and liquidity [4]

Investment Rating - The investment rating for the banking industry is "Positive" (maintained) [1] Core Insights - The report highlights the ongoing trend of deposit non-bankization, which is leading to a marginal decline in liquidity indicators for banks. This trend is particularly pronounced among large banks, with a notable increase in the proportion of non-bank deposits [12][16] - The liquidity coverage ratio (LCR) and net stable funding ratio (NSFR) are critical indicators for banks, and the report provides quantitative assessments of how deposit non-bankization impacts these metrics. The effects are manageable for major banks, with LCR expected to remain above 120% even under significant conversion scenarios [4][34] Summary by Sections 1. Deposit Non-Bankization and Liquidity Management - The process of deposit non-bankization is intensifying the demand for banks to manage liquidity indicators more stringently. Since May 2025, the growth rate of personal fixed deposits has been declining, with large banks showing a decrease in monthly increments compared to the same period in 2024 [12][16] - The report quantifies the impact of deposit non-bankization on LCR and NSFR for major banks, indicating that even with a 70% conversion of personal fixed deposits to non-bank deposits, the LCR for most large banks is expected to remain above 120% [4][34] 2. Liquidity Indicator Management - The management of LCR focuses on maintaining liquidity asset reserves, while NSFR management emphasizes improving the liability structure. Issuing long-term interbank certificates of deposit is highlighted as an effective method to optimize these liquidity indicators [5][22] - The report details how the conversion of personal fixed deposits to non-bank deposits affects various liquidity risk indicators, with specific calculations provided for LCR and NSFR under different conversion scenarios [18][23] 3. Investment Recommendations - The report suggests a tiered investment strategy: - Core holdings should focus on large state-owned banks, benefiting from institutions like Agricultural Bank of China and Industrial and Commercial Bank of China - Core allocations should include leading comprehensive banks such as China Merchants Bank and CITIC Bank - Flexible allocations can target regional banks like Jiangsu Bank and Chongqing Bank [6][19]

Core Insights - Several banks have adjusted the thresholds for gold accumulation business in response to the recent rise in international gold prices, which have surpassed $4100 per ounce [1][3]. Group 1: Bank Adjustments - China Construction Bank announced an increase in the daily accumulation starting amount from 1000 RMB to 1200 RMB, effective November 15, 2025 [1]. - CITIC Bank has raised the minimum investment amount for its regular gold accumulation plan from 1000 RMB to 1500 RMB, also effective November 15, 2025 [3]. - The last adjustment by CITIC Bank occurred in March 2024, when the minimum investment was raised from 500 RMB to 1000 RMB [5]. Group 2: Market Context - The recent surge in international gold prices has been significant, with London gold prices exceeding $4141 per ounce at the time of reporting [5]. - In addition to the changes in accumulation thresholds, Zheshang Bank has adjusted the daily limit for physical gold redemption through its JD Finance channel to 10,000 RMB, effective November 18, while maintaining an annual limit of 200,000 RMB [5].