Core Viewpoint - Major Chinese banks, including Bank of China, China Construction Bank, Industrial and Commercial Bank of China, Agricultural Bank of China, Bank of Communications, and Postal Savings Bank, have collectively adjusted their deposit products, particularly reducing the availability of medium to long-term deposit offerings as year-end savings demand increases [1][3]. Group 1: Changes in Deposit Products - Many customers, such as a resident in Beijing, have reported difficulties in finding suitable 5-year large-denomination certificates of deposit (CDs) as these products are no longer displayed by major banks [3]. - The interest rates for 3-year related products have dropped to between 1.5% and 1.75% across various banks [3]. - Smaller banks are also following suit, with institutions like Meizhou Commercial Bank and Yilian Bank removing 5-year fixed deposit products from their offerings [5]. Group 2: Reasons for Adjustments - The withdrawal of long-term deposit products is a response to the ongoing decline in banks' net interest margins, driven by falling loan rates that have significantly reduced asset yields [5]. - Analysts suggest that banks are compelled to eliminate high-interest long-term products to avoid severe interest margin losses or potential deficits, which could threaten their long-term stability and pose systemic risks [5]. Group 3: Implications for the Banking Sector - The adjustments in deposit products are expected to enhance the certainty of banks' profit forecasts, providing fundamental support for valuation recovery, particularly for large banks with low-cost liabilities and high dividend yields [6]. - The reduction in deposit rates may lead to a "deposit migration" effect, where funds seeking higher returns move from the banking system to capital markets, potentially benefiting direct financing markets [6].

Core Viewpoint - The recent decrease in medium to long-term deposit products in the market is attributed to banks' responses to the ongoing decline in net interest margins, leading to a reduction in the availability of five-year large certificates of deposit (CDs) and lower interest rates on three-year products [3][5][6]. Group 1: Market Trends - There is a noticeable reduction in the availability of five-year large CDs among major banks, with interest rates for three-year products dropping to between 1.5% and 1.75% [3]. - Smaller banks are also adjusting their deposit offerings, with some, like Meizhou Commercial Bank, announcing the removal of five-year fixed deposit products [5]. - The trend of withdrawing long-term deposit products is not limited to national banks but is also seen in local and private banks [5]. Group 2: Banking Sector Implications - The withdrawal of long-term deposit products is a necessary response to the challenges posed by declining bank net interest margins, as banks face significant risks of interest margin losses if they do not eliminate high-interest long-term products [5]. - Analysts suggest that this shift will enhance the certainty of banks' profit expectations, particularly benefiting large banks with low-cost liabilities and high dividend yields, making them more attractive to long-term investors [6]. - The reduction in deposit rates may lead to a "deposit migration" effect, where funds move from the banking system to capital markets, potentially increasing liquidity in stocks, bonds, and funds, which could positively impact direct financing markets [6].

Core Viewpoint - The Agricultural Bank of China Guangdong Branch is actively supporting the "Hundred Counties, Thousand Towns, and Ten Thousand Villages High-Quality Development Project" by providing substantial financial resources to promote rural revitalization and regional development in Guangdong Province [1][14]. Group 1: Financial Support and Achievements - As of October 2025, the Agricultural Bank of China Guangdong Branch has provided over 600 billion yuan in county loans and over 500 billion yuan in agricultural loans, with increases of 210 billion yuan and 160 billion yuan respectively since the project's initiation [1]. - The bank has been recognized as "Excellent" in the People's Bank of China's evaluation of financial services for rural revitalization for five consecutive years, establishing itself as a solid financial support for the "Hundred Counties, Thousand Towns" initiative [1]. Group 2: Systematic Approach and Collaboration - The bank has developed a comprehensive service system to ensure financial resources are effectively allocated to every corner of counties, towns, and villages, implementing four major actions tailored to the project's goals [2]. - It has established a regular communication mechanism with provincial departments to align financial services with policy directions and project needs, resulting in the issuance of 1 billion yuan in loans across 12 pilot counties [3]. Group 3: Focus Areas for Development - The bank is concentrating its credit resources on three key areas: industrial development, urban-rural construction, and increasing farmers' income, thereby enhancing the economic vitality of counties and towns [4]. - In the industrial development sector, the bank has provided over 32 billion yuan in loans for grain security, with a 38% increase since the beginning of the year, and has supported marine ranching projects with over 21 billion yuan in loans [4][6]. Group 4: Service Accessibility and Innovation - The bank is enhancing service accessibility by establishing 200 rural revitalization service stations and mobile service teams to reach underserved areas, ensuring that financial services are available to farmers [9]. - It has developed a diverse range of over 100 tailored financial products to meet the specific needs of rural industries, including customized loans for marine ranching and agricultural development [9]. Group 5: Case Studies and Impact - In Meizhou, the bank has supported the pomelo industry with 11.1 billion yuan in loans, benefiting over 5,700 farmers and contributing to an annual output value of nearly 10 billion yuan [11]. - In Qingyuan, the bank's "White Pigeon Loan" has facilitated the expansion of the local meat pigeon industry, with loans exceeding 28 million yuan, significantly boosting local farmers' incomes [13]. - The bank has also provided 1.5 billion yuan in credit to support the development of a comprehensive tourism resort in Huizhou, creating over 100 jobs and stimulating local economic activity [13].

Group 1 - Xiaomi Group-W (01810) had a net inflow of 904 million, representing a 17.60% increase in net inflow [1][2] - Meituan-W (03690) experienced a net inflow of 476 million, with a net inflow ratio of 20.69% [1][2] - Changfei Optical Fiber Cable (06869) saw a net inflow of 356 million, corresponding to a 12.70% increase [1][2] Group 2 - The top three stocks with the highest net outflow were: - Yingfu Fund (02800) with a net outflow of -1.42 billion, a decrease of -14.05% [1][2] - China Mobile (00941) with a net outflow of -1.295 billion, reflecting a -49.14% decrease [1][2] - Innovent Biologics (01801) with a net outflow of -271 million, a -32.88% decrease [1][2] Group 3 - The top three stocks with the highest net inflow ratio were: - Southern Hang Seng Index ETF (03037) with a net inflow ratio of 84.61% [1][2] - ICBC Southern China (03167) with a net inflow ratio of 75.00% [1][2] - Midea Real Estate (03990) with a net inflow ratio of 65.00% [1][2] Group 4 - The top three stocks with the highest net outflow ratio were: - Wan Guo Gold Group-Old (02979) with a net outflow ratio of -100.00% [1][3] - New Idea Network Group (01686) with a net outflow ratio of -71.51% [1][3] - Ruian Real Estate (00272) with a net outflow ratio of -71.45% [1][3]

Core Viewpoint - The recent loan of 90 million yuan to the operation of the Zhuangxu Longdong Scenic Area by Postal Savings Bank, utilizing a "guarantee + revenue pledge" model, highlights a practical approach to addressing financing bottlenecks in the cultural tourism industry in China [1][2][3] Group 1: Financing Model - The loan issued by Postal Savings Bank has a term of 29 years and an annual interest rate of 4.4%, with a reduction of 60 basis points to lower financial costs for the enterprise by approximately 8 million yuan over the loan's duration [2] - The "revenue pledge" model allows the future cash flows from ticket sales and parking fees to be used as collateral, transforming expected revenues into recognizable and assessable financing assets [3][6] Group 2: Policy Support - The People's Bank of China has established a 500 billion yuan service consumption and pension re-loan to encourage financial institutions to increase support for key sectors, including cultural tourism [4] - Local governments are also promoting financial support for the cultural and tourism industries, with various policies aimed at attracting social capital and enhancing financial services [5][6] Group 3: Industry Challenges - The cultural tourism sector faces challenges such as low asset utilization and high management costs, which complicate financing efforts [2][3] - Issues like the difficulty in valuing revenue rights and the reluctance of high-quality scenic enterprises to engage in revenue pledge financing have been identified as barriers to the widespread adoption of this financing model [7]

12月19日，初冬的晨光刚漫进农行囊谦县支行营业室，70岁的尕玛桑巴老人就攥着一个皱巴巴的布包走 了进来——包口没扎紧，露出几叠沾着灰渍、皱皱巴巴的纸币，有的甚至碎成了三四片。 "你好，这钱能换吗？"尕玛桑巴声音发颤，布满皱纹的手把布包往柜台推，"藏在床底下快两年，前几 天才想起来，拿出来就成这样了……" 此刻大厅内的党员先锋队队员代青曲仲正好路过——他是党支部"便民服务岗"的轮值党员，见尕玛桑巴 急得眼圈发红，立刻把他引到"适老服务专座"，倒了杯热茶询问道："爷爷您别急，先说说这钱是怎么 回事？" 由于上了岁数记忆力衰退，尕玛桑巴去年夏天把卖酥油攒的8000多元现金裹在旧布里，随手塞进了床底 的木箱，转头就忘了这回事。直到上周整理杂物时翻出布包，钱已经被潮气浸得发黏、被老鼠啃了边 角，大半纸币都不符合柜台直接兑换的标准。 "按规定残币兑换得看完整度，但您这钱太碎了，要不我们跟您回家，把剩下的碎币都找齐了一起清 点？"代青曲仲的话让尕玛桑巴愣住了——他原本以为这钱"废了"，没想到银行能上门帮忙。 本报记者 郑思哲 通讯员 拉吾东周 "这张50块的缺了小半，但能看清完整号码，能按全额换；这张100块的碎成三片， ...

山东省烟台市公安局高新技术产业开发区分局在侦办"117"开设赌场案时，依法查明招商银行 6214836558334666等6个银行账户并非户主本人使用，账户内的资金与户主无关。请上述银行账户的实 际使用人或者账户内资金的实际所有人自公告之日起六个月内持有效身份证件及证明材料到山东省烟台 市公安局高新技术产业开发区分局配合调查，确实与案件无关的，依法予以发还，逾期无人认领的，公 安机关将依法上缴国库。联系人：宋警官，联系电话：0535-6922721。特此公告。 附：《银行账户明 细》 烟台市公安局高新技术产业开发区分局 2025年12月23日 银行名称及账号如下： 招商银行： 6214836558334666；民生银行：6226220635367260；农业银行：6228480086518059174、 6228430339414336373；工商银行：6212261909002724889；中国银行：6217850500025909387。 转自：法治日报 （来源：法治日报） ...

Group 1 - The core viewpoint of the articles highlights the innovative financial services being developed in Jining to support the digital economy, particularly through data asset financing [1][2][4] - Jining's Postal Savings Bank successfully issued a 5 million yuan loan using the data intellectual property of Shandong Zhuolang Testing Co., marking a significant milestone in data asset financing [2] - An agricultural technology company in Liangshan secured 11 million yuan in credit by pledging its unique data assets related to cattle breeding, showcasing the potential of data assets in traditional industries [2] Group 2 - Longgong Port has transformed into the first fully automated inland container port in China, supported by a syndicate loan from multiple banks, enabling the completion of smart berth construction and a fully automated operation system [3] - Jining is recognized as a provincial digital economy innovation development pilot zone, fostering a mature digital economy ecosystem that supports the growth of digital financial services [3][4] - As of October 2023, Jining's digital economy industry loan balance reached 6.738 billion yuan, reflecting a year-on-year increase of 2.568 billion yuan and a growth rate of 61.57%, the highest in the province [4]

Core Viewpoint - The Agricultural Bank of China is the first to respond to the People's Bank of China's one-time credit repair policy, outlining specific execution details and conditions for eligibility [1] Group 1: Policy Details - The one-time credit repair policy applies only to individuals with credit overdue information displayed in the financial credit information database of the People's Bank of China [1] - The overdue information must have occurred between January 1, 2020, and December 31, 2025 [1] - The overdue amount for each instance must not exceed 10,000 yuan [1] - Individuals must fully repay their overdue debts by March 31, 2026, for the overdue information to be removed from display [1]

2025.12. 23 本文字数：1300，阅读时长大约2.5分钟 作者 | 第一财经 亓宁 12月22日，中国人民银行重磅推出一次性信用修复政策，各贷款机构如何具体落地备受关注。 当日晚间，农业银行率先发布《关于一次性信用修复政策客户关注问题解答》（下称《解答》），回 应了具体执行过程中部分热点问题。 《解答》称，一次性信用修复政策需要同时具备以下四个条件：一是适用对象限定于个人在金融信用 信息基础数据库（即中国人民银行征信系统）中展示的信贷逾期信息；二是适用时间区间要求逾期信 息产生于2020年1月1日至2025年12月31日期间；三是适用金额为单笔逾期金额不超过1万元；四 是适用前提是个人在2026年3月31日（含）前足额偿还逾期债务。符合上述条件的逾期信息，将作 不予展示处理。 农业银行强调，本次政策不区分信用卡、房贷、消费贷等业务类型，只要符合上述条件的个人信贷业 务，都能获得信用修复。 如何理解"足额偿还债务"？《解答》提到，足额偿还债务指2026年3月31日（含）前足额偿还历史 逾期债务（包含本金、利息及罚息等），并按时偿还当月应还款，并提示客户可通过该行营业网点柜 台、手机银行APP，查询在农 ...