Group 1: Market Performance - Dongyue Group (00189) saw a rise of over 1%, with expectations for increased refrigerant demand as the new cooling season begins, despite a seasonal decline in August [1] - Hong Kong's banking stocks experienced a rally, with Agricultural Bank (01288) up over 2%, and other banks like ICBC (01398) and China Merchants Bank (03968) also gaining over 1%. The overall asset quality of listed banks remains stable, and profit growth is expected to continue [1] - In the gold sector, Lingbao Gold (03330) rose over 3%, with other companies like Chifeng Jilong Gold (06693) and Shandong Gold (01787) also seeing significant gains, driven by lower-than-expected U.S. job growth data which increased interest in gold [3] Group 2: Company Announcements - InnoCare (02577) surged over 8% after being named the only Chinese chip company in NVIDIA's 800VDC power architecture collaboration, indicating a significant partnership in AI data centers [2] - Derun Shipping (02510) announced a profit forecast of approximately $180 million to $200 million for the six months ending June 30, 2025, representing a 220% to 255% increase compared to the previous year [2] - China Eastern Education (00667) reported an expected profit increase of no less than 45% for the first half of the year, driven by a 7% increase in new student registrations and effective cost control [3] Group 3: Financial Results - Amazon (AMZN.US) reported second-quarter earnings that exceeded expectations, with AWS revenue growing 17% year-over-year, but the third-quarter profit guidance fell short of market expectations [5] - Coinbase (COIN.US) saw a 16.7% drop after reporting second-quarter revenue of $1.5 billion, which was below analyst expectations, despite a significant profit increase due to investments [5] - Moderna (MRNA.US) experienced a decline of over 10% due to delays in vaccine shipments, leading to a downward revision of its revenue forecast for 2025 [7]

二、宁波启运支行应自收到中国工商银行政许可决定之日起10个工作日内持相关手续到宁波金融监管局 换领金融许可证。宁波启运支行应当自许可决定之日起6个月内完成变更，并向宁波金融监管局报告。 涉及工商变更等法定程序的，应在完成相关变更手续后1个月内报告宁波金融监管局。未在规定期限内 完成变更的，行政许可决定文件失效，由宁波金融监管局注销行政许可。 2025年7月30日，宁波金融监管局发布批复称，《关于中国工商银行（601398）股份有限公司宁波启运 支行更名的请示》（工银甬〔2025〕109号）收悉。经审核，现批复如下： 一、同意中国工商银行股份有限公司宁波启运支行将名称变更为"中国工商银行股份有限公司宁波江汇 支行"。 ...

Core Viewpoint - The article emphasizes that banks in China have evolved beyond traditional banking functions, forming banking groups with multiple subsidiaries and licenses, engaging in various financial services such as leasing, wealth management, and insurance [2]. Group 1: Overview of Major State-Owned Commercial Banks - The total assets, operating income, and net profit of the five major state-owned commercial banks (ICBC, CCB, ABC, BOC, and BOCOM) show a high proportion of their overall scale is derived from their banking operations, with ICBC, CCB, and ABC having a bank content ratio above 90% [2]. - BOC has the lowest bank content ratio among the five, at less than 85% [2]. Group 2: Subsidiaries of Industrial and Commercial Bank of China (ICBC) - ICBC has several major subsidiaries, including ICBC AXA Life Insurance, ICBC Credit Suisse Asset Management, ICBC Financial Leasing, ICBC Financial Asset Investment, and ICBC Wealth Management [3][4]. - As of the end of 2024, ICBC AXA Life Insurance had total assets of 349.54 billion and a net profit of 1.02 billion [6]. - ICBC Credit Suisse managed over 2 trillion in assets and achieved a net profit of 2.11 billion [7]. - ICBC Financial Leasing reported total assets of 417.46 billion and a net profit of 2.48 billion [9]. - ICBC Financial Asset Investment had total assets of 183.86 billion and a net profit of 4.80 billion [11]. - ICBC Wealth Management had total assets of 22.18 billion and a net profit of 1.42 billion [12]. Group 3: Subsidiaries of China Construction Bank (CCB) - CCB's major subsidiaries include CCB Life Insurance, CCB Trust, CCB International, CCB Fund Management, and CCB Financial Leasing [13][14]. - CCB Life Insurance had total assets of 321.28 billion and a net profit of 0.32 billion [15]. - CCB Trust reported total assets of 45.97 billion and a net profit of 0.54 billion [18]. - CCB International had total assets of 72.89 billion and a net profit of 0.01 billion [20]. - CCB Fund Management had total assets of 118.05 billion and a net profit of 0.84 billion [23]. - CCB Financial Leasing reported total assets of 182.15 billion and a net profit of 2.68 billion [24]. Group 4: Subsidiaries of Agricultural Bank of China (ABC) - ABC's major subsidiaries include ABC Life Insurance, ABC Fund Management, ABC International, ABC Financial Leasing, and ABC Wealth Management [34][35]. - ABC Life Insurance had total assets of 213.49 billion and a net profit of 0.88 billion [36]. - ABC Fund Management reported total assets of 4.85 billion and a net profit of 0.25 billion [39]. - ABC International had total assets of 485.33 billion HKD and a net profit of 0.87 billion HKD [41]. - ABC Financial Leasing had total assets of 1111.86 billion and a net profit of 0.78 billion [42]. - ABC Wealth Management had total assets of 228.66 billion and a net profit of 1.96 billion [44]. Group 5: Subsidiaries of Bank of China (BOC) - BOC's major subsidiaries include BOC Investment, BOC Insurance, BOC Aviation, BOC International, and BOC Fund Management [45][46]. - BOC Investment had total assets of 1334.59 billion HKD and a net profit of 1.01 billion HKD [48]. - BOC Insurance reported total assets of 96.75 billion HKD and a net profit of 0.42 billion HKD [49]. - BOC Aviation had total assets of 250.53 billion USD and a net profit of 0.92 billion USD [51]. - BOC International had total assets of 715.48 billion HKD and a net profit of 1.39 billion HKD [53]. - BOC Fund Management had total assets of 64.82 billion and a net profit of 0.79 billion [56]. Group 6: Subsidiaries of Bank of Communications (BOCOM) - BOCOM's major subsidiaries include BOCOM International, BOCOM Life Insurance, BOCOM Insurance, BOCOM Trust, and BOCOM Fund Management [69][70]. - BOCOM International had total assets of 145.15 billion HKD and a net profit of -1.23 billion HKD [71]. - BOCOM Life Insurance reported total assets of 1638.91 billion and a net profit of 1.02 billion [74]. - BOCOM Insurance had total assets of 9.93 billion HKD and a net profit of 0.07 billion HKD [76]. - BOCOM Trust reported total assets of 195.22 billion and a net profit of 0.79 billion [78]. - BOCOM Fund Management had total assets of 83.84 billion and a net profit of 0.88 billion [80].

Core Viewpoint - The implementation of personal consumption loan interest subsidy policy and service industry operating entity loan interest subsidy policy is a significant measure by the government to boost domestic demand, stimulate market vitality, and improve people's livelihoods [1][2]. Group 1: Policy Implementation - Several major state-owned banks have expressed their commitment to effectively implement the personal consumption loan and service industry loan interest subsidy policies [1]. - The subsidy policy aims to reduce the financing costs for residents and alleviate the financing pressure on service industry entities, thereby facilitating economic circulation and injecting strong momentum into the economic recovery [1][2]. Group 2: Economic Analysis - From a micro perspective, the direct subsidy of specific loan interest by fiscal funds lowers the credit threshold for residents purchasing large consumer goods, directly releasing consumption potential [2]. - The focus on the service industry rather than manufacturing in the subsidy policy addresses the current structural imbalance of "strong production, weak demand," helping to restore cash flow and balance sheets in the service sector [2]. - The policy combines fiscal "precise drip irrigation" and asymmetric monetary policy easing, significantly amplifying the effectiveness of fiscal funds and alleviating the current insufficient demand for real entity credit [2]. Group 3: Bank Responses - Major banks, such as Agricultural Bank and Construction Bank, have initiated various activities to support consumption and expand domestic demand, including promoting consumption upgrade programs and optimizing financial services [3][4]. - Agricultural Bank has developed a special action plan to support consumption upgrades and enhance financial service quality, while Construction Bank is actively participating in the distribution of national consumption subsidy funds [3][4]. - Banks are committed to simplifying application processes and ensuring that the subsidy policies are effectively transmitted to consumers and service industry entities [3][4].

Core Viewpoint - The recent policy initiatives by major banks in response to the government's consumer loan and service industry loan interest subsidy policy aim to stimulate consumption and support the service sector, thereby injecting new momentum into the economy's internal circulation [1][3][7]. Group 1: Policy Implementation - Major banks, including Industrial and Agricultural Banks, have announced their commitment to implement the consumer loan and service industry loan interest subsidy policies, focusing on market-oriented and legal principles to streamline processes and enhance efficiency [3][4]. - The State Council's meeting on July 31 emphasized the need for inter-departmental collaboration to simplify procedures and ensure effective implementation of the subsidy policies, aiming to lower credit costs for residents and financing costs for service industry entities [3][6]. Group 2: Market Impact - The subsidy policy is expected to address structural issues in the consumption market, particularly the weak growth in non-essential goods due to low income expectations, while maintaining steady performance in essential and cost-effective consumption [6][7]. - The policy is designed to alleviate cash flow pressures on small and medium-sized service enterprises by reducing financing costs, thereby supporting operational investments and upgrades in sectors like tourism and elderly care [7][8]. Group 3: Long-term Effects - In the short term, the subsidy policy, combined with existing trade-in programs, is anticipated to boost sales in durable goods such as automobiles and home appliances, as well as stimulate service consumption in sectors closely related to daily life [8]. - In the long term, the policy aims to create a positive feedback loop by enhancing effective supply and releasing consumer demand, which could lead to increased investment and job creation, ultimately strengthening consumer purchasing power and supporting sustainable economic growth [8].

经济观察网 据中国工商银行网站消息，中国工商银行发布公告，正在依法依规、积极有序推进个人消 费贷款与服务业经营主体贷款贴息政策的组织实施工作。中国工商银行将坚持市场化、法治化原则，优 化办理流程，简化办理手续，推动政策尽快实施。具体办理渠道、操作指引等实施细则后续将通过中国 工商银行官网、营业网点、官方微信公众号等渠道公布。（编辑 刘睿） ...

提振消费再迎政策"东风"。8月3日，工商银行、农业银行同日发声，响应国务院常务会议个人消费贷款与服务业经营主体贷款贴息政策，助力消费升级与服 务业焕新。北京商报记者注意到，建设银行、中国银行此前已通过官方渠道披露相关政策推进举措。今年以来，从汽车、家电以旧换新到金融支持提振和扩 大消费，政策组合拳持续发力。分析人士称，此次金融"国补"政策的落地将为经济内循环注入新动能，通过财政金融联动双向疏通消费堵点，既降低个人消 费信贷成本，提高消费意愿和能力，又可缓解服务业经营主体流动性压力，增强供给端韧性。 事实上，今年3月，中共中央办公厅、国务院办公厅印发的《提振消费专项行动方案》就明确提出，2025年对符合条件的个人消费贷款和消费领域的服务业 经营主体贷款给予财政贴息。当前消费市场和服务业呈现结构分化特征，贴息政策正是瞄准这些痛点精准发力。 资深金融监管政策专家周毅钦将市场现状的突出特点概括为三点：一是消费复苏结构性分化，受居民收入预期偏弱影响，非必需品消费增长乏力，但刚需和 性价比消费表现保持稳健；二是服务业经营成本压力凸显，人工、租金等成本刚性支出叠加部分行业产能恢复过快，导致中小微服务企业盈利空间持续承 压； ...

据本报记者不完全统计，今年以来，中国银行、工商银行、中信集团、中国农业发展银行、中国人寿保 险集团、国家开发银行、光大集团等多家金融央企已增设专职党委副书记一职，强化党建工作。接近金 融央企人士表示，为落实2023年10月的中央金融工作会议精神，全面加强金融系统党的领导，目前已有 多家中管金融企业配备专职党委副书记，以协助"一把手" 分管党建方面工作。该人士还称，目前多家 金融央企"一把手"已不再直接分管组织人事工作，一般由专职副书记分管。（21财经） ...

记者丨张欣 编辑丨周炎炎 近日，工商银行官方微信号显示，7月30日，该行2025年党建暨年中经营管理工作会议在北京 召开，党委副书记段红涛主持会议。这一信息显示，原任工商银行副行长兼董事会秘书的段红 涛，已担任工商银行党委副书记。 接近金融央企人士向21世纪经济报道记者表示，为落实2023年10月的中央金融工作会议精 神，全面加强金融系统党的领导， 目前已有多家中管金融企业配备专职党委副书记 ，以 协助"一把手" 分管党建方面工作。该人士还称， 目前多家金融央企"一把手"已不再直接 分管组织人事工作，一般由专职副书记分管。 中央金融工作会议指出，加强党中央对金融工作的集中统一领导，是做好金融工作的根本保 证。要完善党领导金融工作的体制机制，发挥好中央金融委员会的作用，做好统筹协调把关。 发挥好中央金融工作委员会的作用，切实加强金融系统党的建设。 此外，新修订的《公司法》规定，公司可在董事会中设置由董事组成的审计委员会，行使公司 法和监管制度规定的监事会职权，可以不再设监事长。目前，已经有多家国有金融机构据此不 再设立监事会。 从目前趋势看，专职党委副书记的职责将进一步细化，而无论是"内部成长"还是"外部空降" ...

记者丨张欣 编辑丨周炎炎 近日，工商银行官方微信号显示，7月30日，该行2025年党建暨年中经营管理工作会议在北京召开，党 委副书记段红涛主持会议。这一信息显示，原任工商银行副行长兼董事会秘书的段红涛，已担任工商银 行党委副书记。 据本报记者不完全统计，今年以来，中国银行、工商银行、中信集团、中国农业发展银行、中国人寿保 险集团、国家开发银行、光大集团等多家金融央企已增设专职党委副书记一职，强化党建工作。 接近金融央企人士向21世纪经济报道记者表示，为落实2023年10月的中央金融工作会议精神，全面加强 金融系统党的领导，目前已有多家中管金融企业配备专职党委副书记，以协助"一把手" 分管党建方面 工作。该人士还称，目前多家金融央企"一把手"已不再直接分管组织人事工作，一般由专职副书记分 管。 工商银行的调整则紧随其后。今年7月，原副行长、董事会秘书段红涛转任党委副书记，延续了中国银 行"副行长转任"的路径。 中央金融工作会议指出，加强党中央对金融工作的集中统一领导，是做好金融工作的根本保证。要完善 党领导金融工作的体制机制，发挥好中央金融委员会的作用，做好统筹协调把关。发挥好中央金融工作 委员会的作用，切实加 ...