Core Viewpoint - The revised "Guidelines for Enforcement of Charging Behavior of Commercial Banks" by the State Administration for Market Regulation aims to enhance transparency and fairness in bank fees, particularly benefiting small and medium-sized enterprises by reducing their financing burdens [1] Group 1: Regulatory Changes - The guidelines detail prohibited charging behaviors, including the fabrication of syndicate loan fees, charging commitment fees while collecting loan interest, and mandating the issuance of guarantees for fee collection [1] - The guidelines are a response to recent regulatory enforcement practices, aiming to clarify standards for identifying violations in various banking services [1] Group 2: Impact on Financial Services - The guidelines strengthen institutional safeguards for financial services to the real economy, ensuring banks are held accountable for their charging practices [1] - By curbing hidden fees and cost-shifting behaviors, the guidelines are expected to improve fee transparency and fairness in the banking sector [1] Group 3: Implications for Banks - The guidelines compel banks to enhance service quality and optimize internal assessment mechanisms while regulating their charging practices [1] - This regulatory shift is anticipated to foster a more favorable business environment, particularly for small and medium-sized enterprises [1]

Core Viewpoint - Banks are increasingly adjusting the risk levels of mutual fund products they distribute, with several banks, including China Construction Bank and Minsheng Bank, making multiple adjustments this year to align with market conditions and regulatory requirements [1][3][4]. Group 1: Bank Adjustments - China Construction Bank has announced a batch increase in the risk levels of 87 mutual fund products, marking the fourth adjustment this year [1][3]. - Minsheng Bank has also made four similar adjustments since October, with the latest announcement on November 18 regarding eight lower-risk fund products being raised to medium risk [1][3]. - Postal Savings Bank has adjusted the risk levels of 86 mutual fund products in two recent announcements [1][4]. Group 2: Reasons for Adjustments - The adjustments are attributed to a combination of mutual fund product characteristics, market conditions, and regulatory guidance, which aim to reduce the risk mismatch between investors and products [1][4]. - Changes in investment strategies and asset allocations of certain funds have increased their net value volatility, prompting institutions to reassess the risk-return alignment [4]. - Regulatory frameworks, such as the Asset Management New Regulations, are reinforcing the core requirement of "risk matching," compelling institutions to establish dynamic risk rating mechanisms [4][5]. Group 3: Future Implications - The adjustments may become a regular practice as banks are required to dynamically assess product risks to fulfill their suitability obligations and protect investor interests [5]. - Short-term impacts may lead conservative investors to redeem their investments due to increased risk levels, while long-term benefits include enhanced risk transparency and reduced risk mismatch [5][6]. - This shift is expected to drive the wealth management industry towards a service-oriented model, encouraging fund companies to improve their research and investment capabilities [5][6].

银行行业今日下跌0.83%，全天主力资金净流出12.87亿元，该行业所属的个股共42只，今日上涨的有4 只；下跌的有36只。以资金流向数据进行统计，该行业资金净流入的个股有17只，其中，净流入资金超 千万元的有6只，净流入资金居首的是招商银行，今日净流入资金2.06亿元，紧随其后的是江阴银行、 杭州银行，净流入资金分别为2015.51万元、1533.83万元。银行行业资金净流出个股中，资金净流出超 亿元的有7只，净流出资金居前的有中国银行、邮储银行、农业银行，净流出资金分别为2.64亿元、2.22 亿元、1.60亿元。（数据宝） 银行行业资金流向排名 | 代码 | 简称 | 今日涨跌幅（%） | 今日换手率（%） | 主力资金流量（万元） | | --- | --- | --- | --- | --- | | 601988 | 中国银行 | -1.62 | 0.17 | -26355.62 | | 601658 | 邮储银行 | -1.90 | 0.37 | -22233.38 | | 601288 | 农业银行 | -0.74 | 0.08 | -16013.89 | | 601939 | 建设银行 | - ...

Group 1 - Postal Savings Bank conducted a block trade of 400,000 shares on November 28, with a transaction value of 2.272 million yuan, accounting for 0.16% of the total trading volume for the day [1] - The transaction price was 5.68 yuan, which was in line with the market closing price of 5.68 yuan [1]

香港交易及結算所有限公司及香港聯合交易所有限公司對本公告的內容概不負責，對其準確性 或完整性亦不發表任何聲明，並明確表示，概不對因本公告全部或任何部份內容而產生或因倚 賴該等內容而引致的任何損失承擔任何責任。 POSTAL SAVINGS BANK OF CHINA CO., LTD. 1658 暫停辦理股份過戶登記 承董事會命 中國郵政儲蓄銀行股份有限公司 杜春野 聯席公司秘書 中國，北京 2025年11月28日 於本公告日期，本行董事會包括董事長及非執行董事鄭國雨先生；執行董事劉建軍先生及 姚紅女士；非執行董事劉新安先生、張宣波先生、劉瑞鋼先生、胡宇霆先生、丁向明先生 及余明雄先生；獨立非執行董事溫鐵軍先生、鍾瑞明先生、潘英麗女士、唐志宏先生、 洪小源先生及楊勇先生。 * 中國郵政儲蓄銀行股份有限公司並非一家根據銀行業條例（香港法例第155章）之認可 機構，並不受限於香港金融管理局的監督，亦不獲授權在香港經營銀行及╱或接受存 款業務。 中國郵政儲蓄銀行股份有限公司（「本行」）董事會（「董事會」）宣佈，本行擬於 2025年1 2月1 9日（星期五）舉行2025年第三次臨時股東大會（「臨時股東大 會」）。 為 ...

Core Insights - The state-owned large bank sector experienced a decline of 0.96% on November 28, with Postal Savings Bank leading the drop [1] - The Shanghai Composite Index closed at 3888.6, up 0.34%, while the Shenzhen Component Index closed at 12984.08, up 0.85% [1] Bank Performance Summary - Construction Bank: Closed at 9.66, down 0.51%, with a trading volume of 1.097 million shares [1] - Industrial and Commercial Bank: Closed at 8.11, down 0.61%, with a trading volume of 2.084 million shares [1] - Agricultural Bank: Closed at 8.04, down 0.74%, with a trading volume of 2.474 million shares [1] - Transportation Bank: Closed at 7.59, down 1.56%, with a trading volume of 1.668 million shares [1] - Bank of China: Closed at 6.07, down 1.62%, with a trading volume of 3.601 million shares [1] - Postal Savings Bank: Closed at 5.68, down 1.90%, with a trading volume of 2.460 million shares [1] Capital Flow Analysis - The state-owned large bank sector saw a net outflow of 849 million yuan from institutional investors, while retail investors contributed a net inflow of 153 million yuan [1] - The detailed capital flow for individual banks shows significant net outflows for major banks, with the Industrial and Commercial Bank experiencing a net outflow of 69.01 million yuan from institutional investors [2] - Postal Savings Bank had a net outflow of 165 million yuan from institutional investors, while retail investors contributed a net inflow of 41.32 million yuan [2]

香港交易及結算所有限公司及香港聯合交易所有限公司對本公告的內容概不負責，對其準確性 或完整性亦不發表任何聲明，並明確表示，概不對因本公告全部或任何部份內容而產生或因倚 賴該等內容而引致的任何損失承擔任何責任。 POSTAL SAVINGS BANK OF CHINA CO., LTD. 中國郵政儲蓄銀行股份有限公司 杜春野 聯席公司秘書 中國，北京 2025年11月28日 暫停辦理股份過戶登記 中國郵政儲蓄銀行股份有限公司（「本行」）董事會（「董事會」）宣佈，本行擬於 2025年1 2月1 9日（星期五）舉行2025年第三次臨時股東大會（「臨時股東大 會」）。 為確定有權出席臨時股東大會的H股股東名單，本行將於2025年12月16日（星 期二）至2025年12月19日（星期五）（首尾兩天包括在內）期間暫停辦理H股股份 過戶登記手續。H股股東如欲出席臨時股東大會，須於2025年12月15日（星期 一）下午4時30分前，將股票連同股份過戶文件一併送交本行H股股份過戶登記 處香港中央證券登記有限公司，地址為香港灣仔皇后大道東183號合和中心17 樓1712-1716號舖。 本行將適時發佈載有將於臨時股東大會上提呈的 ...

Group 1 - The core viewpoint highlights the significance of the cinnamon industry in Luoding, Guangdong, which is recognized as "China's Cinnamon Capital" with a total planting area of approximately 500,000 acres and an annual output value exceeding 1.3 billion yuan [1] - Luoding produces around 30,000 tons of cinnamon bark, 1,300 tons of cinnamon oil, 1,600 tons of cinnamon branches, and approximately 450 tons of cinnamaldehyde annually, making it a leading industry in the region [1] - The local entrepreneur, Cui Caichan, has expanded her family's cinnamon processing business by introducing new products like cinnamon rice flour and cinnamon pastries, supported by a quick loan from Postal Savings Bank [1] Group 2 - The "Industry Loan" product from Postal Savings Bank is designed to provide small and micro enterprises and farmers with flexible funding for production and operational turnover, addressing financing challenges [2] - The bank has actively innovated financial products and services tailored to local industries, which has enhanced the processing techniques and product value of Luoding cinnamon, thereby promoting entrepreneurship and employment in surrounding villages [2] - Postal Savings Bank aims to support high-quality development in Yunfu by providing quality financial services that contribute to urban-rural prosperity and industrial growth [2]

此前，"救灾贷"专项政策甫一出台，邮储银行虞城县支行便第一时间组织学习研究政策要点、运行模式 与目标群体，迅速开展存量客户精准排查与系统筛选工作。当发现葛先生符合"救灾贷"的帮扶条件后， 支行客户经理便主动上门了解其受灾情况及资金需求，并向其详细介绍"救灾贷"免收担保费、享受财政 贴息等政策红利。 据介绍，邮储银行虞城县支行主动搭建政府合作平台，打破机构壁垒，创新构建了"政府引导、银行放 贷、担保增信"的三方协同机制。在此机制下，虞城县农业农村局发挥政策指导与客户筛选优势；邮储 银行立足金融服务本职，优化流程、快速审批；农信担保公司提供强力担保支持，有效分散风险。三方 聚力，形成了"1+1+1>3"的协同效应，确保了政策的快速贯通。 下一步，邮储银行虞城县支行将继续深化与政府部门及担保机构的合作，持续推动"救灾贷"等惠农政策 扩面增量，将更多的金融"活水"引向田间地头，为地方乡村振兴和农业高质量发展贡献坚实的邮储力 量。 "这笔贷款不仅解了我的燃眉之急，还能享受政策优惠，真是雪中送炭。"近日，河南省商丘市站集镇葛 尧村种植大户葛利祥收到邮储银行虞城县支行发放的"豫农担—救灾贷"后欣喜不已。 据介绍，该笔贷款是 ...

Market Overview - The A-share market ended November with a cumulative decline of 1.67%, marking the end of a six-month upward trend after reaching a ten-year high mid-month [1] - On November 28, all major A-share indices closed in the green, with the Shanghai Composite Index at 3888.60, up by 13.34 points or 0.34% [2] Sector Performance - The Fujian sector showed significant activity, with stocks like Haixia Innovation rising over 16%, and several others such as Pingtan Development and Fujian Cement hitting the daily limit [3] - The lithium mining stocks experienced a rebound, with Dazhong Mining hitting the limit, and Shengxin Lithium Energy and Yahua Group rising over 7% and 6% respectively [5] - The commercial aerospace concept stocks saw volatility, with Aerospace Hanyu recording a 20% limit up, and other related stocks also performing well [5] Banking Sector - The banking sector faced collective adjustments, with Postal Savings Bank down nearly 2%, and major banks like Bank of China and China CITIC Bank declining over 1% [8] - Despite the downturn, several listed banks have seen major shareholders or senior management implement or plan share buybacks, particularly among resilient city commercial banks and rural commercial banks [8] Pharmaceutical Sector - The pharmaceutical sector experienced a pullback, with stocks like Guangji Pharmaceutical and Zhongsheng Pharmaceutical hitting the daily limit down, and Yue Wannianqing dropping over 10% [9] AI Sector - The AI application sector showed weakness, with companies like Yaowang Technology and Yidian Tianxia declining over 4% [9] - According to Guojin Securities, the rapid growth in global AI computing power demand is driving significant investments in high-efficiency and high-reliability power equipment, indicating ongoing industry vitality [9]