Core Viewpoint - Recent international gold prices have reached a record annual increase, but this high growth is accompanied by significant volatility risks [1] Group 1: Gold Market Analysis - The trend of the Federal Reserve's interest rate cuts typically leads to sustained capital inflows into the gold market [1] - As long as this core driving trend remains unchanged, the long-term upward potential for gold prices is unlikely to be reversed [1]

根据金元顺安基金管理有限公司（以下简称"本公司"）与浙商银行股份有限公司（以下简称"浙商银 行"）签署的销售服务协议，自2025年10月23日起，浙商银行将销售本公司旗下部分基金。具体公告如 下： 一、适用基金 ■ （1）浙商银行股份有限公司 公司网站：www.czbank.com 客户服务电话：95527 二、业务范围 自2025年10月23日起，投资者可在浙商银行办理上述基金的开户、认购、申购、赎回、定期定额投资及 基金转换等业务。今后本公司发行的其它开放式基金均适用于上述业务，本公司不再另行公告，具体业 务的办理请参照本公司及浙商银行的相关业务规则和流程。 三、费率优惠 经与浙商银行协商一致，本公司决定旗下基金参加浙商银行的费率优惠。具体折扣费率、业务办理的流 程、费率优惠期限以浙商银行页面公示为准。基金原费率请详见基金合同、招募说明书（更新）等法律 文件，以及本公司发布的最新业务公告。如本公司新增通过浙商银行销售的基金产品或者对已通过浙商 银行销售的基金产品新增、变更份额类别，则自该基金产品或该类份额开放申购当日起，将同时开通该 基金或该类份额上述优惠活动。 重要提示： 1、基金定期定额投资业务是指投 ...

浙商银行今年以来股价涨12.93%，近5个交易日涨1.30%，近20日涨1.63%，近60日跌10.63%。 资料显示，浙商银行股份有限公司位于中国浙江省杭州市上城区民心路1号,香港中环康乐广场8号交易 广场3期15楼，成立日期1993年4月16日，上市日期2019年11月26日，公司主营业务涉及浙商银行股份有 限公司是一家总部设在浙江的股份制商业银行。该银行通过四个业务分部运营：公司银行业务分部涵盖 向企业客户、政府机构和金融机构提供金融产品和服务，这些产品和服务包括公司贷款和垫款、贸易融 资、存款产品及其他各类公司中间业务；零售银行业务分部涵盖向个人客户提供金融产品和服务，这些 产品和服务包括个人贷款和垫款、存款产品、银行卡业务和其他类型的个人中介服务；资金业务分部涵 盖货币市场交易、回购交易、债务工具投资、自营或代客经营金融衍生业务，以及其他业务分部。主营 业务收入构成为：公司银行业务56.89%，资金业务21.95%，零售银行业务15.46%，其他业务5.70%。 10月22日，浙商银行盘中上涨2.30%，截至14:15，报3.11元/股，成交8.44亿元，换手率1.27%，总市值 854.15亿元。 ...

Group 1 - The core viewpoint is that Hong Kong bank stocks are experiencing a bullish trend, with Agricultural Bank of China reaching a new historical high and achieving a 10-day consecutive rise [1] - Morgan Stanley anticipates that after a seasonal adjustment in Q3, there will be good investment opportunities in Q4 and Q1 of the following year for domestic bank stocks [1] - Factors supporting the revaluation of Chinese banking stocks include upcoming dividend distributions, stabilized interest rates, a 500 billion RMB structural financial policy tool, and a more sustainable policy path [1] Group 2 - Agricultural Bank of China saw an increase of 1.04%, reaching a latest price of 5.820 [2] - Other banks also recorded gains, including Chongqing Bank (+0.91%), Zhengzhou Bank (+0.78%), and Zhejiang Bank (+0.77%) [2] - The overall trend indicates a positive performance across various banks, with notable increases in share prices for several institutions [2]

Core Insights - Zheshang Bank's Qingdao Branch aims to become a "first-class commercial bank" by supporting the high-quality development of the regional real economy, with total deposits of 26.3 billion and loans of 20.7 billion by the end of 2024 [1] Group 1: Financial Products and Services - The bank focuses on innovation with products like "Asset Pool," "Cross-border Pool," and "Electricity Bill White Bar," designed to empower startups [1] - The "Spark Plan" is a comprehensive financial service initiative that offers all-cycle, all-dimensional, and all-chain support for innovation-driven enterprises [1] - New financial products such as "Digital Science Loan," "Innovation Loan," and "Specialized and New Loan" are tailored to meet the financing needs of businesses at different growth stages, with the "Digital Science Loan" offering up to 3 million for eligible small and micro enterprises [1] Group 2: Service Model and Team Structure - The bank has developed a "1+1+N" professional service model, consisting of product managers, client managers, and risk review specialists, to provide personalized financial services [1] - A dedicated inclusive finance team has been established to ensure seamless integration from client engagement to business implementation, providing continuous and stable financial support [1] Group 3: Digital Transformation and Innovation - The bank has launched the "Electricity Bill White Bar" service to meet the high-frequency payment needs of innovation enterprises, allowing for instant credit approval through the "State Grid APP" [2] - A digital service ecosystem is being built by integrating financial technology, focusing on key industries such as smart home appliances and high-end chemicals [2] - The bank has achieved 100% online processing for international business, enabling companies to complete global financial transactions without leaving their premises [2]

Core Points - Zhejiang Commercial Bank will conduct a computer system maintenance on October 26, 2025, from 0:10 to 4:00 [1] - During the maintenance period, various electronic banking services will experience temporary interruptions, including online banking, mobile banking, and third-party payment services [1] - The bank aims to minimize the downtime and encourages customers to contact their 24-hour customer service for any inquiries during the maintenance [1]

Core Insights - The launch of the "Shan Ke Accompanying Plan" by Zhejiang Merchants Bank Nanchang Branch signifies a significant upgrade in the financial service system for technology enterprises in Jiangxi province [3][4] - The plan is designed as an open, comprehensive financial service system for technology enterprises throughout their lifecycle, incorporating a long-term service mechanism of "5+3+N" [3] Group 1: Financial Service Mechanism - The "5+3+N" model includes a five-year strategic cooperation to guide enterprise development, three service models (commercial banking, investment banking, and private banking) to support growth, and various customized solutions through one-on-one financial advisory services [3] - The plan aims to address the unique characteristics of technology enterprises, which are often light-asset, high-growth, and long-cycle [3] Group 2: Partnerships and Collaborations - During the event, Zhejiang Merchants Bank Nanchang Branch signed cooperation agreements with 10 key technology enterprises and established partnerships with four major investment funds in Jiangxi province to expand financing channels for technology companies [3] - The bank's headquarters awarded a plaque to the Nanchang Branch Honggutan Sub-branch, marking a move towards more specialized and focused technology financial services [3] Group 3: Future Directions - The "Shan Ke Accompanying Plan" not only marks a new phase for technology financial services at Zhejiang Merchants Bank Nanchang Branch but also establishes a new platform for collaboration among government, banks, enterprises, and research institutions [4] - The bank aims to fully support the growth of Jiangxi's innovative enterprises and contribute to the province's high-quality development through this initiative [4]

Core Insights - The financial advisory service team from Zhejiang is actively engaging in Guizhou to address local financial needs and promote economic development through a series of initiatives [1][10][11] Group 1: Financial Advisory System - The financial advisory system, first introduced in Zhejiang in 2018, has established over 300 advisory studios nationwide, with more than 5,000 advisors providing services to enhance financial accessibility [3][6] - The system aims to serve as a "financial family doctor" for enterprises, a "financial soldier" for local governments, and a "financial fraud prevention ambassador" for residents [3] Group 2: Economic Development in Guizhou - Guizhou's economy heavily relies on its county-level economies, which account for 63% of the province's total economic output [7] - The financial advisory team is focusing on sectors like fine chemicals and new energy materials to support local industries, exemplified by the collaboration with Guizhou Phosphate Group [3][4] Group 3: County-Level Financial Ecosystem - The "3386 model" for county-level financial ecosystem construction has been developed, focusing on government, enterprises, and residents, and has been implemented in over 120 counties [6][8] - This model aims to enhance financial service quality and accessibility, thereby promoting local economic development [6] Group 4: Collaborative Agreements - Four districts in Guizhou have signed cooperation agreements with Zhejiang Commercial Bank to enhance the county-level financial ecosystem [8] - The agreements aim to integrate financial products and services to effectively address local financial challenges and promote high-quality economic development [8][10] Group 5: "Good Financial" Philosophy - The "Good Financial" philosophy emphasizes the importance of financial services in supporting China's modernization process, focusing on functionality and social responsibility [10][11] - The financial advisory system and county-level financial ecosystem are practical implementations of this philosophy, fostering collaboration between Zhejiang and Guizhou [10][11]

为了更好地满足广大投资者的理财需求，根据融通基金管理有限公司（以下简称"融通基金"）与浙商银 行股份有限公司（以下简称"浙商银行"）签署的销售协议，从2025年10月20日起，融通基金旗下融通汇 财宝货币市场基金B类新增浙商银行 (仅指浙商银行同业代销平台，下同)为销售机构，并转换业务。现 将有关事项公告如下： 一、适用基金及业务范围 ■ 二、其他提示 1.投资者仅能申请办理相同收费模式下基金代码的转换，即"前端收费转前端收费、后端收费转后端收 费"，不能将前端收费模式基金代码的份额转换为后端收费模式基金代码的份额，或将后端收费模式基 金代码的份额转换为前端收费模式基金代码的份额。同一基金的不同基金份额类别之间不得互相转换。 相关业务规则如有变动，请以融通基金最新发布的公告为准。 2.投资者欲了解基金的详细情况，请仔细阅读基金《基金合同》和《招募说明书》等法律文件。 三、咨询方式 1.浙商银行股份有限公司 网址：https://tydx.czbank.com/INTERBANK/tydxLogon.jsp 客户服务电话：0571-87659574 本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， ...

Core Viewpoint - The trend of banks discontinuing certain functions of telephone banking is part of a broader digital transformation strategy aimed at enhancing security, reducing operational costs, and adapting to changing customer behaviors [1][3][4]. Group 1: Bank Announcements - Zhejiang Commercial Bank announced it will discontinue personal deposit transaction services via telephone banking on November 14, 2025, including various types of fund transfers [1]. - Other banks, such as Industrial Bank, China Merchants Bank, Minsheng Bank, and Agricultural Bank, have also phased out various telephone banking functions in recent years, including fund transfers and loan services [2]. Group 2: Industry Trends - The shift away from telephone banking is driven by the increasing prevalence of digital channels like mobile banking, which are seen as more secure and efficient for managing financial transactions [3]. - According to the "2024 China Digital Banking Survey Report," the usage rate of telephone banking has decreased to 25%, down 3% year-on-year, while mobile banking usage has risen to 88%, an increase of 2 percentage points from the previous year [3][4].