Group 1 - The A-share banking sector experienced a collective increase, with major banks such as Industrial and Commercial Bank of China, Agricultural Bank of China, Bank of China, China Construction Bank, and Bank of Communications all rising over 1% [1] - Among these banks, both Industrial and Commercial Bank of China and Agricultural Bank of China reached new highs during intraday trading [1]

Key Points - On November 11, Xiaomi Group-W (01810), Yingfu Fund (02800), and Pop Mart (09992) ranked the top three in net inflow of southbound funds, with net inflows of 1.176 billion, 860 million, and 577 million respectively [1] - Xpeng Motors-W (09868), Alibaba-W (09988), and Tencent Holdings (00700) ranked the top three in net outflow of southbound funds, with net outflows of -2.277 billion, -2.026 billion, and -464 million respectively [1] - In terms of net inflow ratio, Southern Hong Kong American Technology (03442), Wanwu Cloud (02602), and Southern East-West Select (03441) led the market with ratios of 104.46%, 79.46%, and 71.68% respectively [1] - In terms of net outflow ratio, Poly Property (06049), Huadian International Power (01071), and CIMC Group (02039) led the market with ratios of -56.53%, -52.40%, and -51.26% respectively [1] Top 10 Net Inflow Stocks - Xiaomi Group-W (01810) had a net inflow of 1.176 billion with a net inflow ratio of 17.99% and a closing price of 42.980 (+1.46%) [2] - Yingfu Fund (02800) had a net inflow of 860 million with a net inflow ratio of 5.58% and a closing price of 26.840 (+0.15%) [2] - Pop Mart (09992) had a net inflow of 577 million with a net inflow ratio of 23.31% and a closing price of 223.200 (+0.81%) [2] Top 10 Net Outflow Stocks - Xpeng Motors-W (09868) had a net outflow of -2.277 billion with a net outflow ratio of -25.24% and a closing price of 108.500 (+17.93%) [2] - Alibaba-W (09988) had a net outflow of -2.026 billion with a net outflow ratio of -17.36% and a closing price of 160.400 (-1.84%) [2] - Tencent Holdings (00700) had a net outflow of -464 million with a net outflow ratio of -5.47% and a closing price of 650.000 (+0.08%) [2] Top 10 Net Inflow Ratios - Southern Hong Kong American Technology (03442) had a net inflow ratio of 104.46% with a net inflow of 24.9565 million and a closing price of 9.405 (+0.53%) [3] - Wanwu Cloud (02602) had a net inflow ratio of 79.46% with a net inflow of 26.8071 million and a closing price of 23.380 (+1.12%) [3] - Southern East-West Select (03441) had a net inflow ratio of 71.68% with a net inflow of 18.7161 million and a closing price of 10.430 (+0.68%) [3] Top 10 Net Outflow Ratios - Poly Property (06049) had a net outflow ratio of -56.53% with a net outflow of -11.1643 million and a closing price of 35.500 (+1.43%) [3] - Huadian International Power (01071) had a net outflow ratio of -52.40% with a net outflow of -40.7926 million and a closing price of 4.640 (-0.22%) [3] - CIMC Group (02039) had a net outflow ratio of -51.26% with a net outflow of -27.2594 million and a closing price of 7.080 (-2.21%) [3]

Core Viewpoint - Gold prices have entered an upward trend, with spot gold prices exceeding $4200 per ounce and a year-to-date increase of over 60%, prompting banks to adjust their gold accumulation business rules to manage risks more prudently [1][3]. Group 1: Bank Adjustments - Citic Bank announced an increase in the minimum investment amount for its gold accumulation plan from 1000 yuan to 1500 yuan, effective November 15 [2]. - Industrial and Commercial Bank of China raised the minimum investment for its gold accumulation business from 850 yuan to 1000 yuan starting October 13 [2]. - Xingye Bank adjusted its minimum purchase amount for gold accumulation from 1000 yuan to 1200 yuan on October 21 [2]. - Construction Bank implemented a "large redemption" rule, where if total customer redemption requests exceed 20% of the bank's total gold accumulation balance, it may refuse excess redemption requests [2]. Group 2: Market Participation - Investors have shown strong interest in gold accumulation products due to the rising gold prices, with many inquiries focused on fees and the process for redeeming physical gold [4]. - A recent announcement from the Ministry of Finance and the State Administration of Taxation clarified tax policies on gold transactions, distinguishing between on-exchange and off-exchange transactions, which affects the cost of holding and trading gold [4]. Group 3: Investment Strategies - Experts suggest that investors should recognize the correlation between the recent rise in gold prices and the weakening of the US dollar, and should monitor dollar trends and related factors [5]. - Despite the long-term support for gold prices from safe-haven demand and central bank purchases, short-term volatility is expected due to crowded long positions in the market [5]. - Investors are advised to diversify their asset allocation to mitigate risks and avoid concentrating solely on the gold market [5].

■ 中国工商银行股份有限公司 关于境内优先股"工行优1"股息派发实施的公告 中国工商银行股份有限公司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。 （2）其他"工行优1"股东现金股息所得税的缴纳，根据相关规定执行。 若派息前相关税法规定变动，以最新规定为准。 三、境内优先股分红派息具体实施日期 重要内容提示： 一、通过境内优先股股息派发方案的董事会会议情况 中国工商银行股份有限公司（简称本行）2014年第二次临时股东大会审议通过了《关于中国工商银行股 份有限公司境内发行优先股股票方案的议案》，授权董事会办理境内优先股股息派发事宜。境内优先 股"工行优1"（优先股代码：360011）本次股息派发方案已经本行2025年10月30日召开的董事会会议审 议通过，董事会决议公告刊载于上海证券交易所网站（www.sse.com.cn）及本行网站（www.icbc- ltd.com）。 二、境内优先股股息派发方案 1.发放金额：按照"工行优1"票面股息率4.58%计算，每股发放现金股息人民币4.58元（含税），合计派 发人民币2,061,000, ...

生态协同精密，服务边界拓展。工行枣庄分行以"网点做网金、网金助网点"为核心，搭建线上线下服务 生态。借力网点运营改革契机，整合"手机银行+三微"服务矩阵，形成"到店客户引导用手机银行办理、 线上客户依托三微触达服务"的闭环链路。全流程覆盖客户引流、业务办理、售后维护，实现数字化服 务无死角，持续巩固手机银行的市场竞争力与品牌影响力。（张静 尚方舟） 机制赋能精细，执行效能提升。工行枣庄分行聚焦基层推广"最后一公里"痛点，着力构建多层次、高效 率保障机制。率先编制"双网行动"明白纸，将手机银行推广目标、操作路径、考核规则等内容拆解 为"一看就懂、一学就会"的图文指引，并同步配套"免卡免证"推广宣传折页，助力一线员工清晰传 递"无卡办业务"的便捷价值，推动业务推广工作标准化、高效化落地。 为深入贯彻总行打造"最好手机银行"战略部署，工行枣庄分行聚焦客户服务体验与数字化运营的深度融 合，通过场景深耕、机制提效、生态聚力等多维举措，推动个人手机银行实现高质量发展。截至2025年 9月末，实现手机银行存量155.3万户、增量7.07万户，存量增量连续三个季度蝉联四行"双第一"。 场景引流精准，福利触达人心。工行枣庄分行 ...

Core Insights - The Industrial and Commercial Bank of China (ICBC) Zaozhuang Branch has achieved record highs in inclusive loan balances and increments, with a total inclusive loan balance of 5.809 billion yuan as of the end of Q3 2025, representing an increase of 1.285 billion yuan and a growth rate of 28.4%, surpassing the overall loan growth rate by 19.48 percentage points [1] Group 1: Strategic Development - The Zaozhuang Branch prioritizes inclusive finance as a key aspect of its political and social responsibilities, aligning with national goals and its own high-quality development [1] - The branch's leadership has elevated inclusive finance to a core strategic position, focusing on top-level design, clear development goals, and resource allocation to ensure effective support for small and micro enterprises [1] Group 2: Mechanism Innovation - The branch is enhancing its inclusive financial service system by implementing a "branch + inclusive" operational model, strengthening the team of inclusive finance specialists, and facilitating collaboration between customer managers and branches [2] - The implementation of the provincial inclusive finance expansion project "321" aims to customize outreach plans based on branch positioning and surrounding resources, improving service efficiency [2] Group 3: Product Development - The Zaozhuang Branch has diversified its inclusive credit products in response to market demand, providing 527 million yuan in "Science and Innovation Loans" to 78 technology enterprises and supporting 136 enterprises in industrial parks with 368 million yuan in "Park Loans" [3] - The branch has also innovated digital agricultural inclusive products, such as the "Pomegranate Loan," which has provided over 65 million yuan in credit to 59 small enterprises and farmers in the pomegranate industry [3] - Future plans include enhancing service quality, increasing loan disbursement, and maintaining risk management to further advance inclusive finance initiatives [3]

Core Insights - The Industrial and Commercial Bank of China (ICBC) Zaozhuang Branch has successfully implemented its first interbank document-based domestic forfaiting business, marking a significant breakthrough in its service offerings and client expansion [1][2] - The successful transaction involved a total amount of 13.55 million yuan, showcasing the branch's ability to innovate and fill product gaps in the market [1] - The branch has also added a new "specialized and innovative" small giant client, further optimizing its client structure and enhancing its financial service capabilities for quality real economy enterprises [2] Group 1 - The Zaozhuang Branch has executed its first interbank document-based domestic forfaiting business, amounting to 13.55 million yuan, with the issuing bank being Minsheng Bank and the notifying bank being China Merchants Bank [1] - This transaction not only marks a zero breakthrough in the branch's forfaiting business but also enriches its product service system and lays the groundwork for future complex trade financing collaborations [1] - The successful execution of this business was driven by a coordinated effort from the branch's leadership and teams, demonstrating strong execution capabilities and effective problem-solving [1] Group 2 - The addition of a new "specialized and innovative" small giant client reflects the branch's commitment to optimizing its client structure and enhancing the inclusion of innovative enterprises [2] - This initiative aligns with the higher-level strategic deployment of the bank and contributes to the financial support of high-quality regional economic development [2]

Core Insights - The Industrial and Commercial Bank of China (ICBC) Zaozhuang Tengzhou Branch successfully provided a loan of 30.03 million yuan to Shandong Yucheng Investment Operation Co., Ltd. for the construction of the Tengfa Technology Industrial Park Phase I project, aiming to support regional industrial high-quality development by addressing financing challenges faced by enterprises [1] Group 1: Loan Details and Purpose - The loan amount is specifically allocated for the construction of the Tengfa Technology Industrial Park Phase I project [1] - The initiative aligns with local industrial upgrading strategies and aims to empower the development of technology industrial parks [1] Group 2: Strategic Measures - The bank employs four key measures: precise matching, efficient approval, strict risk control, and value enhancement [1] - Precise matching involves actively engaging with enterprises to understand their financial needs and project plans [1] - Efficient approval is facilitated through a "one-stop" service and a fast approval channel established with the city branch [1] - Strict risk control includes a comprehensive assessment of project feasibility and the enterprise's repayment capability [1] - Value enhancement focuses on ongoing support and financial services post-loan disbursement [1] Group 3: Future Plans - The ICBC Zaozhuang Tengzhou Branch plans to continue focusing on key regional industries and enhance marketing efforts for quality projects to boost financial support for local economic transformation [2]

工商银行（601398）(01398)公布，境内优先股"工行优 1"(优先股代码： 360011)将于2025 年 11 月 24 日 派息，按照"工行优 1"票面股息率 4.58%计算，每股发放现金股息人民币 4.58 元(含税)，合计派发人民 币20.61亿元(含税)。 ...

江南时报讯 11月，南通濠东路支行迎来了一位心事重重的客户——她手持公证书，前来办理一笔遗产 继承。这本应是按部就班的业务，却很快显露出棘手的端倪。 尘埃落定，业务顺畅办理。而在整个服务过程中，网点负责人始终保持着敏锐的观察力。他留意到其中 一位继承人对资金有短期闲置的打算。抓住这个时机，他自然地介绍了工行大额定期存款的优势——安 全、稳定、收益可观。精准的推荐，切中了客户的需求。最终，这位客户欣然将继承所得中的35万元， 成功转存为一张大额定期存单。 一场看似难以调和的遗产风波，在南通濠东路支行专业、主动、温暖的介入下，不仅圆满解决，更意外 促成了一笔35万元的大额定期业务，实现了客户满意与银行效益的双赢。 客服经理仔细审核了公证书，依照规定告知客户："女士，遗产继承需要所有继承人共同到场确认。"然 而，客户面露难色道出了实情：另一位关键继承人不仅拒接她的电话，甚至已悄然离开了常住地，彻底 杳无音信。一场看似寻常的继承，瞬间蒙上了失联与拒绝的阴影。 面对这复杂的僵局，客服经理没有丝毫犹豫，第一时间将情况汇报给了网点负责人。负责人敏锐意识到 问题的特殊性——僵持下去不仅客户权益受损，更可能激化家庭矛盾。网点迅 ...