Core Viewpoint - China Agricultural Bank (601288) announced a scheduled maintenance of its production system, which will temporarily affect various banking services on specific dates and times [1][2]. Service Impact Summary - From September 20, 0:00 to 6:00, certain functions in the mobile banking app, including fund queries and transactions, will experience two service interruptions, each lasting approximately 2 minutes [1]. - On September 20, 0:00 to 0:15 and September 21, 0:15 to 0:30, barcode payment services across multiple channels will each face a 10-minute service interruption [1]. - Third-party payment services, including refunds and multi-account signing, will be unavailable from September 20, 0:10 to 0:30 and September 21, 0:40 to 1:00, with some transactions experiencing delayed responses [1]. - From September 20, 23:00 to 6:00, online transaction response times for the corporate mobile banking platform may be extended [2]. - On September 20, 23:00 to 23:20 and September 21, 0:30 to 0:50, various corporate banking services will each face a service interruption lasting up to 20 minutes [2]. - On September 20, 23:30 to 23:59, several online loan services will experience a 5-minute service interruption [2].

9月19日早盘，银行股下挫。截至10:34，工商银行跌超2%，近一年来首次跌破半年线；农业银行、中 信银行、中国银行均跌近2%。 ...

每日经济新闻 每经AI快讯，9月19日，银行股快速走低，工商银行跌超2%，农业银行、中信银行、中国银行均跌近 2%。 ...

Core Viewpoint - Agricultural Bank of China experienced a decline in stock price, with a year-to-date increase of 30.05% but a recent drop of 8.43% over the last five trading days [1] Financial Performance - As of June 30, Agricultural Bank reported a net profit of 139.51 billion yuan, representing a year-on-year growth of 2.66% [3] - The bank's cumulative cash distribution since its A-share listing amounts to 899.90 billion yuan, with 243.24 billion yuan distributed over the last three years [4] Stock Market Activity - On September 19, the stock price fell by 2.07%, trading at 6.63 yuan per share, with a total market capitalization of 2,320.39 billion yuan [1] - The trading volume was 1.50 billion yuan, with a turnover rate of 0.07% [1] - Major funds saw a net outflow of 43.43 million yuan, with significant buying and selling activity from large orders [1] Shareholder Information - As of June 30, the number of shareholders decreased by 0.73% to 491,500, while the average circulating shares per person increased by 0.72% to 676,101 shares [3] - Hong Kong Central Clearing Limited is the fifth-largest circulating shareholder, holding 3.066 billion shares, a decrease of 454 million shares from the previous period [4] Business Overview - Agricultural Bank's main business segments include personal banking (54.82% of revenue), corporate banking (39.17%), and other operations (3.34%) [2] - The bank is classified under the category of state-owned large banks [2]

格隆汇9月19日｜A股市场银行股普跌，其中，工商银行、紫金银行跌1.7%，农业银行、中信银行跌 1.6%，宁波银行、中国银行跌1.3%。 ...

Market Overview - The market experienced a significant drop, with the ChiNext index showing a fluctuation exceeding 3cm, attributed mainly to large sell orders from major brokerages and the recent Federal Reserve interest rate cut [1][2][3][4] Investment Trends - Insurance companies are increasing their stock investment scales, with total stock investments projected to rise from 10,624.8 million in 2023 to 18,464.29 million in the first half of 2025, indicating a growing interest in equity markets [7] Technical Analysis - The Shanghai Composite Index reached a high of 3,899.96 points, showing a clear cooling trend as it struggled to surpass the 3,900-point mark, leading to a near 100-point drop intraday [9] - The time taken for the Shanghai Composite Index to break through key levels has slowed down, with 19 days since surpassing 3,800 points, indicating a potential market cooling [11] Market Sentiment - Recent speculative activities, such as the surge in Shanghai Construction's stock price, highlight the extreme levels of market speculation, with significant financing inflows observed [13][14] - The A-share market is currently experiencing a lack of value discovery, as evidenced by the significant price discrepancies between Agricultural Bank of China and other major banks, suggesting a misalignment in market valuations [18][20][23] Investment Strategy - A balanced investment approach is recommended, focusing on quality stocks rather than chasing market trends, especially in a low-interest-rate environment [25] - The recent performance of Hong Kong's new consumption stocks illustrates the risks of high valuations in a bullish market, with notable declines observed since June [26] Global Economic Factors - The Federal Reserve's interest rate cut has implications for the bond market, with expectations that domestic monetary policy will not closely follow the Fed's actions [32]

Market Overview - On September 18, A-shares experienced a significant decline, with all three major indices dropping over 1%, specifically the ChiNext Index down 1.64%, Shanghai Composite Index down 1.15%, and Shenzhen Component Index down 1.06% [1] - The total trading volume in the A-share market reached 3.17 trillion yuan, an increase of 763.7 billion yuan compared to the previous day [1] - Over 4,300 stocks in the market fell, while the robotics sector continued to perform strongly, with Shoukai Co. hitting the daily limit for the 11th time in 12 days [1] Federal Reserve Rate Cut - The Federal Reserve's decision to cut interest rates by 25 basis points was in line with market expectations, with Chairman Powell indicating no broad support for a larger cut [2] - Following the rate cut, global commodity prices, including gold, saw a significant decline, with spot gold dropping from a historical high of $3,700 per ounce to around $3,650 per ounce [2] Banking Sector Performance - The banking sector faced a comprehensive downturn on September 18, with major banks like Changshu Bank and Agricultural Bank of China seeing declines of over 2% [3] - Since reaching a historical high on July 11, the banking sector indices have fallen over 13%, breaking below the 120-day moving average for the first time in a year [3] Shareholder Actions - Despite the downturn in the banking sector, several listed banks have seen shareholder increases, indicating confidence in their future prospects [4][5] - For instance, Everbright Bank's major shareholder has increased its stake by 0.02%, while Nanjing Bank's major shareholder raised its stake from 12.56% to 13.02% [5] Future Market Outlook - Analysts suggest that the recent market decline may be a temporary adjustment, with expectations of a potential upward trend resuming after the correction [8] - Historical patterns indicate that if the market is in a slow bull phase, significant increases may not occur in the next six months, while a fast bull phase could lead to a shorter adjustment period [8] - The possibility of a global central bank rate cut following the Fed's decision could provide further support for the A-share market, potentially leading to a second wave of upward movement [8]

小微企业发挥着稳定经济、扩大就业以及改善民生的重要作用。农行昌吉分行优化小微企业金融服务， 组建营销专属服务团队，结合"千企万户大走访"活动，主动"走出去"，面对面了解企业经营状况，实打 实解决融资难题，不断提升服务小微企业的能力，针对企业融资需求，丰富担保方式，降低融资成本， 扩大信贷产品供给，加大小微企业的支持力度，着力缓解小微企业融资难、融资贵、融资慢问题，打通 金融惠企利民的"最后一公里"，提升金融服务覆盖面与普遍性。近3年该行累计投放小微企业贷款超160 亿元，支持小微企业客户约420户。 农行昌吉分行践行服务"三农"主责主业，发挥自身优势，拓展服务路径，持续优化"三农"金融产品，作 为新疆棉花、粮食的主产地，围绕当地种植生产、种业振兴、农业产业化、乡村振兴等重点领域，锚定 粮食和重要农产品的金融服务，制定粮棉行业信贷支持措施和产业链各经营主体营销服务方案，推 广"产业化龙头企业+农民合作社+种养户"链式模式，提供从种植、收购、生产、加工到销售品牌的全 产业链、全主体综合金融服务，使农业产业链向前后端延伸、上下游拓展。同时，该行还加快对特色农 产品初深加工、农村电商直播、休闲农业、乡村旅游业等支持， ...

证券之星消息，9月18日国有大型银行板块较上一交易日下跌2.35%，农业银行领跌。当日上证指数报 收于3831.66，下跌1.15%。深证成指报收于13075.66，下跌1.06%。国有大型银行板块个股涨跌见下 表： 从资金流向上来看，当日国有大型银行板块主力资金净流出17.86亿元，游资资金净流入6.25亿元，散户 资金净流入11.62亿元。国有大型银行板块个股资金流向见下表： 以上内容为证券之星据公开信息整理，由AI算法生成（网信算备310104345710301240019号），不构成投资建议。 | 代码 | 名称 | 收盘价 | 涨跌幅 | 成交量(手) | 成交额(元) | | | --- | --- | --- | --- | --- | --- | --- | | 601328 | 交通银行 | 6.90 | -1.85% | 212.71万 | | 14.81 亿 | | 601988 | 中国银行 | 5.30 | -1.85% | 338.13万 | | 18.06 Z | | 601658 | 邮储银行 | 6.07 | -2.25% | 155.36万 | | 9.50亿 | | 60 ...

Core Viewpoint - Agricultural Bank has emerged as a standout performer among A-share listed banks since 2025, surpassing Industrial and Commercial Bank of China in total market capitalization, attributed to its long-term focus on county-level financial strategies [1][2] Strategic Advantages - The success of Agricultural Bank is linked to its unique operational strategy, termed the "Three Good Formula + Four Highlights" [1][5] - The bank's strategic focus on county-level finance aligns with national policies promoting county economic development, providing a strong foundation for its growth [6][10] Execution and Management - Agricultural Bank's strategic execution is supported by three key advantages: a strong management team, an innovative organizational structure, and effective business strategies [7][10] - The bank has a solid customer base, serving 888 million personal clients and holding a daily average deposit balance of 30.57 trillion yuan, leading among peers [10] Business Performance - County-level financial services have become a significant revenue driver, contributing 49.4% to the bank's overall performance, an increase of 11.8 percentage points since 2019 [13] - In the first half of 2025, Agricultural Bank was the only major bank to report positive growth across key financial metrics, including revenue and net profit [17] Financial Highlights - Agricultural Bank's loan growth has outpaced peers, with a year-on-year increase of 9.6% in loans by mid-2025, driven by county-level lending [18][21] - The bank maintains a strong net interest margin, benefiting from a high proportion of personal demand deposits [21][22] - The bank's non-performing loan ratio stood at 1.28% as of mid-2025, lower than its peers, and it has the lowest exposure to real estate loans, mitigating risks from the sector [26][28] Valuation Outlook - Agricultural Bank is expected to continue its valuation growth driven by its attractive dividend yield of 3.35% and strong growth prospects from its county-level financial strategy [29][30] - The bank's robust performance in credit potential, stable interest margins, and low non-performing loans are anticipated to drive its valuation upward [30]