Performance Summary - China Railway Construction (01186.HK) reported a revenue of 489.2 billion yuan, a decrease of 5.2% year-on-year, with a net profit of approximately 10.7 billion yuan, down 10.1% [2] - Industrial and Commercial Bank of China (01398.HK) achieved a revenue of 409.1 billion yuan, an increase of 1.8% year-on-year, while net profit fell by 1.4% to 168.1 billion yuan [2] - Agricultural Bank of China (01288.HK) recorded a revenue of 369.79 billion yuan, up 0.7% year-on-year, and a net profit of 139.51 billion yuan, an increase of 2.66% [2] - China Construction Bank (00939.HK) reported a revenue of 385.91 billion yuan, a 3% increase year-on-year, with net profit around 162.08 billion yuan, down 1.4% [2] - Bank of China (03988.HK) had a revenue of 329.42 billion yuan, up 3.61% year-on-year, while net profit decreased by 0.85% to 117.59 billion yuan [2] - Postal Savings Bank of China (01658.HK) reported a revenue of 179.53 billion yuan, a 1.5% increase year-on-year, with net profit of 49.23 billion yuan, up 0.85% [2] - China Merchants Bank (03968.HK) achieved a revenue of 169.92 billion yuan, down 1.7% year-on-year, while net profit increased by 0.3% to 74.93 billion yuan [2] - Bank of Communications (03328.HK) reported a revenue of 133.50 billion yuan, up 0.7% year-on-year, with net profit of 46.02 billion yuan, an increase of 1.6% [2] - Minsheng Bank (01988.HK) had a revenue of 70.70 billion yuan, up 7.8% year-on-year, while net profit decreased by 4.9% to 21.38 billion yuan [2] - China Everbright Bank (06818.HK) reported a revenue of 65.95 billion yuan, down 5.6% year-on-year, with net profit of 24.62 billion yuan, an increase of 0.55% [2] - BYD Company (01211.HK) achieved a revenue of 371.28 billion yuan, up 23.3% year-on-year, with net profit of 15.51 billion yuan, an increase of 13.8% [2] - China Communications Construction Company (01800.HK) reported a revenue of 335.45 billion yuan, down 5.8% year-on-year, with net profit of 9.99 billion yuan, down 16.9% [2] - Lenovo Holdings (03396.HK) achieved a revenue of 281.59 billion yuan, up 21% year-on-year, with net profit of 699 million yuan, an increase of 144% [2] - Great Wall Motors (02333.HK) reported a revenue of 92.34 billion yuan, up 1% year-on-year, with net profit of 6.34 billion yuan, down 10.2% [2] - BYD Electronics (00285.HK) achieved a revenue of 80.61 billion yuan, up 2.6% year-on-year, with net profit of 1.73 billion yuan, an increase of 14% [2] - Country Garden (02007.HK) reported a revenue of 72.57 billion yuan, with a net loss of 19.078 billion yuan [2] - China Reinsurance (01508.HK) achieved a revenue of 61.03 billion yuan, up 0.6% year-on-year, with net profit of 6.244 billion yuan, an increase of 9.03% [2] - Yanzhou Coal Mining Company (01171.HK) reported a revenue of 53.966 billion yuan, down 13.17% year-on-year, with net profit of 4.731 billion yuan, down 38.7% [2] - Jitu Express (01519.HK) achieved a revenue of 5.499 billion USD, up 13.1% year-on-year, with net profit of 156 million USD, an increase of 147.1% [2] - AVIC Industry (02357.HK) reported a revenue of 37.465 billion yuan, up 11.43% year-on-year, with net profit of 1.03 billion yuan, down 17.67% [2] - CITIC Financial Assets (02799.HK) achieved a revenue of 31.136 billion yuan, up 2.9% year-on-year, with net profit of 6.168 billion yuan, an increase of 15.7% [2] - Bank of China Hong Kong (02388.HK) reported a net interest income of 25.06 billion HKD, down 3.5% year-on-year, with net profit of 22.12 billion HKD, an increase of 10.54% [2] - Zoomlion Heavy Industry (01157.HK) achieved a revenue of 24.855 billion yuan, up 1.3% year-on-year, with net profit of 2.765 billion yuan, an increase of 20.84% [2] - New Town Development (01030.HK) reported a revenue of 22.1 billion yuan, down 34.82% year-on-year, with net profit of 895 million yuan, down 32.11% [2] - Huatai Securities (06886.HK) achieved a revenue of approximately 20.98 billion yuan, up 5.86% year-on-year, with net profit of 7.549 billion yuan, an increase of 42.16% [2] - China Sanjiang Chemical (02198.HK) reported a revenue of 9.106 billion yuan, down 1.5% year-on-year, with net profit of 301 million yuan, an increase of 95.5% [2] - Tianjin Bank (01578.HK) achieved a revenue of 8.828 billion yuan, up 0.8% year-on-year, with net profit of 1.988 billion yuan, an increase of 1.1% [2] - Harbin Bank (06138.HK) reported a revenue of 7.386 billion yuan, up 2.6% year-on-year, with net profit of 915 million yuan, an increase of 20% [2] - Qingjian International (01240.HK) achieved a revenue of approximately 4.404 billion HKD, down 9.8% year-on-year, with net profit of 2.992 million HKD, an increase of 25.6% [2] - Xingye Alloy (00505.HK) reported a revenue of 4.389 billion yuan, up 22.1% year-on-year, with net profit of 106 million yuan, down 24.7% [2] - 3SBio (01530.HK) achieved a revenue of 4.355 billion yuan, down 0.8% year-on-year, with net profit of 1.358 billion yuan, an increase of 24.6% [2] - Huya Technology (01860.HK) reported a revenue of 938 million USD, up 47% year-on-year, with adjusted EBITDA of 88.681 million USD, an increase of 41% [2] - Haitong Securities (01905.HK) achieved a revenue of 3.521 billion yuan, down 12.6% year-on-year, with net profit of 785 million yuan, down 3.4% [2] - Dazhong Public Utilities (01635.HK) reported a revenue of approximately 3.449 billion yuan, down 5.8% year-on-year, with net profit of approximately 333 million yuan, an increase of 172.6% [2] Company News - China Biologic Products (01177.HK) received approval for the launch of Zongaitini tablets for the treatment of HER2-mutant non-small cell lung cancer [3] - Shandong High-Speed New Energy (01250.HK) reported a total operating power generation of approximately 3.6744 million MWh, an increase of approximately 6.9% year-on-year [3] - Fosun International (00656.HK) reached a settlement with Cainiao regarding a share buyback involving 350 million USD [3] Buyback Activities - Tencent Holdings (00700.HK) repurchased approximately 55 million HKD worth of shares, buying back 919,000 shares at prices ranging from 594.5 to 605 HKD [3] - China Hongqiao (01378.HK) repurchased approximately 22.7 million HKD worth of shares, buying back 8.9235 million shares at a price of 25.44 HKD [3] - HSBC Holdings (00005.HK) repurchased approximately 15.3 million HKD worth of shares, buying back 1.5276 million shares at prices ranging from 99.8 to 100.7 HKD [3] - Hang Seng Bank (00011.HK) repurchased approximately 2.3517 million HKD worth of shares, buying back 210,000 shares at prices ranging from 111.5 to 112.5 HKD [3] - MGM China (02282.HK) repurchased approximately 1.60602 million HKD worth of shares, buying back 1 million shares at prices ranging from 15.92 to 16.27 HKD [3] - Sinopec Engineering (02386.HK) canceled 136,500 shares that had been repurchased [3]

Core Viewpoint - The six major state-owned banks in China have reported their mid-year performance for 2025, showing a steady increase in total assets but mixed results in operating performance. All six banks have announced mid-term dividend plans, with a total expected payout exceeding 200 billion yuan [1][2]. Group 1: Financial Performance - The total net profit of the six major banks exceeded 680 billion yuan in the first half of 2025, with some banks experiencing revenue growth but profit declines [2]. - Industrial and Commercial Bank of China (ICBC) reported total assets surpassing 52 trillion yuan, with operating income of 409.08 billion yuan, a year-on-year increase of 1.8%, and a net profit of 168.1 billion yuan, down 1.4% year-on-year [3]. - Agricultural Bank of China (ABC) had total assets of 46.9 trillion yuan, with operating income of 369.8 billion yuan and net profit of 139.5 billion yuan, reflecting year-on-year growth of 0.7% and 2.7% respectively [3]. - Bank of China (BOC) reported total assets of 36.79 trillion yuan, with operating income of 329.42 billion yuan, a year-on-year increase of 3.61%, and a net profit of 117.59 billion yuan, down 0.85% [4]. - China Construction Bank (CCB) had total assets of 44.43 trillion yuan, with operating income of 385.91 billion yuan and net profit of 162.08 billion yuan, down 1.37% year-on-year [4]. - Bank of Communications (BCOM) reported total assets of 15.44 trillion yuan, with operating income of 133.5 billion yuan and net profit of 46.02 billion yuan, reflecting a year-on-year increase of 1.61% [5]. - Postal Savings Bank of China (PSBC) achieved operating income of 179.45 billion yuan and net profit of 49.23 billion yuan, with total assets reaching 18.19 trillion yuan, a year-on-year increase of 6.47% [5][6]. Group 2: Dividend Plans - All six banks have announced mid-term dividend plans, with a total distribution expected to exceed 200 billion yuan [7]. - ICBC plans to distribute 1.414 yuan per 10 shares, totaling approximately 50.4 billion yuan [7]. - ABC proposes a dividend of 1.195 yuan per 10 shares, amounting to 41.82 billion yuan, which is 30% of its net profit [7]. - BOC suggests a dividend of 1.094 yuan per 10 shares, with a total of 35.25 billion yuan, maintaining a 30% payout ratio [7]. - CCB plans to distribute 1.858 yuan per 10 shares, totaling about 48.61 billion yuan, also at a 30% payout ratio [7]. - BCOM proposes a dividend of 1.563 yuan per 10 shares, totaling 13.81 billion yuan [8]. - PSBC plans to distribute 1.230 yuan per 10 shares, amounting to approximately 14.77 billion yuan [8].

【邮储银行行长刘建军：5月非对称降息缓解息差压力 已处置表内外不良贷款本息473亿元】智通财经8 月29日电，今日下午，邮储银行在京举行2025中期业绩发布会。在谈及净息差时，邮储银行行长刘建军 明确指出，5月份的非对称降息后，银行的息差压力有了明显缓解。同时，上半年通过信贷规模增长和 结构优化、负债成本管控实现了利息净收入表现的改善。此外，上半年，该行加大清收处置力度，以多 元化处置提增贡献，处置表内外不良贷款本息473亿元，同比增长超过50%。（智通财经记者 彭科峰） 转自：智通财经 ...

今日工商银行、农业银行、中国银行、建设银行、邮储银行、交通银行等六大国有行纷纷披露了半年 报。 工商银行半年报显示，公司上半年实现营业收入4091亿元，同比增长1.8%；归母净利润1681.0亿元人民 币，同比下降1.4%。 农业银行半年报显示，公司上半年实现营业收入3697.93亿元，同比增长0.7%；净利润1399.43亿元，同 比增长2.5%。 来源 | 智通财经 往期推荐 400米高空两架无人机对撞！上海环球金融中心96层平台防水层被砸出坑洞，运营方已报警！9年95起事 故，这里成"黑飞"重灾区 延误21分钟赔，22分钟就不赔…航旅纵横9.9元延误险被指像"买彩票"，"赔付概率几乎为零"，平台回 应：已下架 被判9年落马副行长出狱当网红，一周吸粉超两万！抖音通报：以犯罪经历博眼球，已处置禁言→ 上海66套豪宅1小时售罄，单价近20万/平，主力户型315-1115平，套均总价超7300万→ 中国银行半年报显示，公司上半年实现净利润1175.9亿元人民币，同比下降0.9%；营业收入3294.18亿 元，税后利润1261.38亿元。 建设银行半年报显示，公司上半年实现经营收入3859.05亿元，同比增长2. ...

金鹰持久增利债券型证券投资基金(LOF)2025 年中期报告 金鹰持久增利债券型证券投资基金(LOF) 基金管理人：金鹰基金管理有限公司 基金托管人：中国邮政储蓄银行股份有限公司 送出日期：二〇二五年八月三十日 金鹰持久增利债券型证券投资基金(LOF)2025 年中期报告 基金管理人的董事会、董事保证本报告所载资料不存在虚假记载、误导性陈述或重大遗漏，并 对其内容的真实性、准确性和完整性承担个别及连带的法律责任。本中期报告已经三分之二以上独 立董事签字同意，并由董事长签发。 基金托管人中国邮政储蓄银行股份有限公司根据本基金合同规定，于 2025 年 8 月 29 日复核了 本报告中的财务指标、净值表现、利润分配情况、财务会计报告、投资组合报告等内容，保证复核 内容不存在虚假记载、误导性陈述或者重大遗漏。 基金管理人承诺以诚实信用、勤勉尽责的原则管理和运用基金资产，但不保证基金一定盈利。 基金的过往业绩并不代表其未来表现。投资有风险，投资者在作出投资决策前应仔细阅读本基 金的招募说明书及其更新。 本报告中财务资料未经审计。 本报告期自 2025 年 1 月 1 日起至 6 月 30 日止。 金鹰持久增利债券型证 ...

Core Viewpoint - The six major state-owned banks in China reported their mid-year performance for 2025, showing a steady increase in total assets but mixed results in operating performance, with a collective net profit exceeding 680 billion yuan and a total dividend plan exceeding 200 billion yuan [2][3][4]. Group 1: Overall Performance - In the first half of 2025, the total assets of the six major banks continued to grow, with the Industrial and Commercial Bank of China (ICBC) surpassing 52 trillion yuan in total assets [4]. - The combined net profit of the six banks for the first half of 2025 was over 680 billion yuan, indicating a decline in net profit for some banks despite revenue growth [4]. Group 2: Individual Bank Performance - **Industrial and Commercial Bank of China (ICBC)**: Total assets exceeded 52 trillion yuan, with operating income of 409.08 billion yuan (up 1.8%) and net profit of 168.10 billion yuan (down 1.4%). The non-performing loan (NPL) ratio was 1.33%, and the capital adequacy ratio was 19.54% [5][6]. - **Agricultural Bank of China**: Total assets reached 46.9 trillion yuan, with operating income of 369.8 billion yuan (up 0.7%) and net profit of 139.5 billion yuan (up 2.7%). The NPL ratio was 1.28% [6][7]. - **Bank of China**: Total assets were 36.79 trillion yuan, with operating income of 329.42 billion yuan (up 3.61%) and net profit of 117.59 billion yuan (down 0.85%). The NPL ratio was 1.24% [7][8]. - **China Construction Bank**: Total assets reached 44.43 trillion yuan, with operating income of 385.91 billion yuan (up 2.95%) and net profit of 162.08 billion yuan (down 1.37%). The NPL ratio was 1.33% [8][9]. - **Bank of Communications**: Total assets were 15.44 trillion yuan, with operating income of 133.50 billion yuan (up 0.72%) and net profit of 46.02 billion yuan (up 1.61%). The NPL ratio was 1.28% [9][10]. - **Postal Savings Bank of China**: Total assets reached 18.19 trillion yuan, with operating income of 179.45 billion yuan (up 1.50%) and net profit of 49.23 billion yuan (up 0.85%). The NPL ratio was 0.92% [10][11]. Group 3: Dividend Plans - All six banks announced mid-term dividend plans, with a total dividend amount exceeding 200 billion yuan. ICBC proposed a cash dividend of 1.414 yuan per 10 shares, totaling approximately 50.40 billion yuan [10][11]. - Agricultural Bank of China proposed a cash dividend of 1.195 yuan per 10 shares, totaling 41.82 billion yuan [10][11]. - Bank of China suggested a cash dividend of 1.094 yuan per 10 shares, totaling 35.25 billion yuan [10][11]. - China Construction Bank proposed a cash dividend of 1.858 yuan per 10 shares, totaling approximately 48.61 billion yuan [10][11]. - Bank of Communications proposed a cash dividend of 1.563 yuan per 10 shares, totaling 13.81 billion yuan [10][11]. - Postal Savings Bank of China proposed a cash dividend of 1.230 yuan per 10 shares, totaling approximately 14.77 billion yuan [10][11].

（文章来源：证券日报） 证券日报网讯 8月29日晚间，邮储银行发布公告称，公司董事会审议通过了《关于中国邮政储蓄银行向 特定对象发行A股股票募集资金存放与实际使用情况专项报告的议案》等多项议案。 ...

（文章来源：证券日报） 证券日报网讯 8月29日晚间，邮储银行发布公告称，公司监事会审议通过了《关于中国邮政储蓄银行 2025年半年度报告、摘要及业绩公告的议案》等多项议案。 ...

今年上半年，邮储银行首次获得国家大规模注资，成功完成A股定向增发1,300亿元，全面提升各级资本 充足水平；首次主动调整代理费率，有力推进"自营+代理"模式市场化运行；拟发起设立金融资产投资 公司，进一步提升综合化经营能力。截至2025年6月末，邮储银行资本充足率14.57%，核心一级资本充 足率10.52%，分别较上年末提升0.13个、0.96个百分点。 在资产质量方面，截至2025年6月末，邮储银行不良贷款率0.92%，拨备覆盖率260.35%，风险抵补能力 充足。 编辑：刘润榕 半年报显示，今年上半年，邮储银行实现营业收入1794.46亿元，其中利息净收入1,390.58亿元；非息收 入贡献提升，中间业务收入169.18亿元，同比增长11.59%，其他非息收入234.70亿元，同比增长 25.16%，中收和其他非息收入均实现两位数增长，占营业收入的比重分别同比提升0.85个、2.47个百分 点。 新华财经北京8月29日电（记者吴丛司）邮储银行29日发布2025年半年报显示，该行今年上半年实现营 业收入1794.46亿元，同比增长1.5%；归属于银行股东的净利润492.28亿元，同比增长0.85%。 截至 ...

香港联交所最新资料显示，8月27日，中国平安（601318）保险(集团)股份有限公司增持邮储银行 （601658）(01658)1433.6万股，每股作价为5.4895港元，总金额约为7869.75万港元。增持后最新持股数 目约为31.89亿股，最新持股比例为16.06%。 ...