Core Insights - The article highlights the net inflow and outflow of capital in the Hong Kong stock market, with specific focus on the top companies experiencing significant changes in capital flow [1][2]. Group 1: Net Inflow - Alibaba-W (09988) leads with a net inflow of 5.14 billion, representing a 25.60% increase in capital [2]. - Horizon Robotics-W (09660) follows with a net inflow of 1.375 billion, showing a 24.13% increase [2]. - Tencent Holdings (00700) has a net inflow of 1.076 billion, with an 8.04% increase [2]. - Other notable companies with significant inflows include BYD Company (01211) with 1.031 billion and WuXi Biologics (02269) with 542 million [2]. Group 2: Net Outflow - Pop Mart (09992) experiences the highest net outflow at -649 million, reflecting a -6.94% decrease [2]. - Kuaishou-W (01024) has a net outflow of -581 million, with a -13.67% decrease [2]. - Meitu Inc. (01357) sees a net outflow of -472 million, indicating a -24.59% decrease [2]. - Other companies with significant outflows include Xiaomi Group-W (01810) at -368 million and China Merchants Bank (03968) at -227 million [2]. Group 3: Net Inflow Ratio - The top net inflow ratio is held by Wisdom Hong Kong 100 (02825) at 100.00%, with a total inflow of 5.924 billion [3]. - Sinopec Kantons Holdings (00934) follows with a net inflow ratio of 72.10%, totaling 6.5044 million [3]. - Kunlun Energy (00135) has a net inflow ratio of 63.22%, with an inflow of 5.6388 million [3]. Group 4: Net Outflow Ratio - iFlytek Medical Technology (02506) leads in net outflow ratio at -48.28%, with an outflow of -13.4085 million [3]. - VTECH Holdings (00303) has a net outflow ratio of -45.83%, totaling -15.8089 million [3]. - NetDragon (00777) follows with a net outflow ratio of -45.72%, with an outflow of -41.1797 million [3].

注：本文系新闻报道，不构成投资建议，股市有风险，投资需谨慎。 两融数据显示，该股最新融资余额为89.58亿元，近5日减少662.33万元，降幅为0.07%。 机构评级来看，近5日共有3家机构给予该股评级，预计目标价最高的是广发证券，9月5日广发证券发布 的研报预计公司目标价为50.52元。（数据宝） 9月10日招商银行大宗交易一览 | 成交量（万 | 成交金额（万 | 成交价格 | 相对当日收盘折溢价 | 买方营业 | 卖方营业 | | --- | --- | --- | --- | --- | --- | | 股） | 元） | （元） | （%） | 部 | 部 | | 100.85 | 4319.41 | 42.83 | -0.40 | 机构专用 | 机构专用 | （文章来源：证券时报网） 招商银行9月10日大宗交易平台出现一笔成交，成交量100.85万股，成交金额4319.41万元，大宗交易成 交价为42.83元，相对今日收盘价折价0.40%。该笔交易的买卖双方均为机构专用席位。 进一步统计，近3个月内该股累计发生9笔大宗交易，合计成交金额为47.32亿元。 证券时报·数据宝统计显示，招商银行今日收盘 ...

Core Viewpoint - The 2025 China International Service Trade Fair showcased China Merchants Bank's innovative financial services and commitment to integrating technology with finance, emphasizing its "Five Major Articles" strategy and differentiated development [1][8]. Group 1: Exhibition Highlights - China Merchants Bank's exhibition featured a space capsule-style wealth experience hall, integrating cutting-edge technology with financial services, creating an engaging and interactive environment for attendees [2]. - The exhibition included various functional areas such as command windows, weightlessness experience pods, and energy matrix activation walls, allowing visitors to explore the bank's achievements in a fun and immersive way [2][3]. Group 2: Financial Innovations - The bank highlighted its commitment to technology finance, showcasing products like "Science and Technology Loans," which have provided over 47 billion yuan in credit to innovative enterprises, with more than 14 billion yuan disbursed [3]. - China Merchants Bank introduced a "Starry Sky" action plan to support various categories of innovative enterprises, achieving over 80% coverage of "little giant" companies in Beijing [3]. Group 3: Green Finance Initiatives - The bank presented its green finance achievements through a visual product system, including the first rural revitalization-themed green bond and the first commercial bank bond compliant with the "Green Bond Principles" [4]. - The bank's Beijing branch established the first "assembly + carbon neutrality" outlet in the financial industry, promoting green concepts and actions among its staff [4]. Group 4: Inclusive Finance Efforts - The bank demonstrated its supply chain finance models, such as "Zhaolai Easy Loan," aimed at enhancing financial services for small and micro enterprises, with a reported growth rate of over 10% in public inclusive loans [4]. Group 5: Pension Finance Services - China Merchants Bank's personal pension main account system has issued over 86 million electronic social security cards and managed a pension trust scale of 266.5 billion yuan [5][6]. Group 6: Digital Finance Developments - The bank showcased its digital finance achievements, including the "Financial Management Cloud" and "E-Canteen" services, enhancing user experience and operational efficiency [6]. - It is noted as the first bank in the industry to issue online consumer loans using digital currency, reflecting its commitment to smart financial services [6]. Group 7: Future Outlook - Looking ahead, China Merchants Bank aims to anchor its financial work in political and public service, focusing on supporting the real economy and responding to public needs, thereby contributing to high-quality development [8].

事件：9月5日，证监会就《公开募集证券投资基金销售费用管理规定（征求意见稿）》（以下简称"新规"）公 开征求意见。新规共有六章28条，主要包括合理调降公募基金认购费、申购费、销售服务费率水平,优化赎回 费制度安排，部分持有期限超过一年的基金不再计提销售服务费，设置差异化的尾随佣金支付比例上限，建立 基金直销服务平台等六方面内容。我们对此解读如下： 一、市场反应：债市回调，股市平淡 此次新规对债基赎回期限和费率要求较高，引发债市回调，曲线熊陡。9月8日、9日10Y国债活跃券利率累计 上行3.5bp至1.8%，二永债等信用债回调更加明显，5Y银行永续债（AAA-）上行8bp至2.24%。分机构看，基 金卖出现券情绪较为浓厚，其余机构维持买入。而股市对此反应相对平淡，9月8日、9日上证指数、沪深300指 数先上后下，分别较9月5日下跌0.1%和0.5%。 二、新规详解："宽进严出"，鼓励长投 本次新规核心目标是通过"降低认购费率，抬升提前赎回成本"等方式，全面重塑销售环节的费用结构，降低投 资者成本、引导长期投资、规范市场秩序，进而推动行业高质量发展。这一系列规定将对基金市场的生态产生 深远且结构性的影响，我们从投 ...

Group 1 - A total of 103 stocks experienced block trading on the A-share market today, with a total transaction value of 3.529 billion yuan [1] - The top three stocks by transaction value were Zijin Mining at 288 million yuan, Guangqi Technology at 173 million yuan, and Yahui Long at 145 million yuan [1] - Among the stocks, 18 were traded at par, 20 at a premium, and 65 at a discount; the highest premium rates were for Dingjia Precision at 11.02%, Zhejiang Meida at 9.17%, and Chongqing Steel at 4.17% [1] Group 2 - The ranking of institutional buy amounts was led by Zijin Mining at 288 million yuan, followed by CITIC Securities at 141 million yuan and BOE Technology at 134 million yuan [2] - Other notable institutional purchases included Ningde Times at 99.2 million yuan, Northern Huachuang at 98.5 million yuan, and Muyuan Foods at 92.1 million yuan [2] - The total buy amounts for the top 30 stocks reflect significant institutional interest in these companies [2] Group 3 - The ranking of institutional sell amounts was also led by Zijin Mining at 288 million yuan, with CITIC Securities at 141 million yuan and BOE Technology at 134 million yuan [3] - Other significant sell amounts included Ningde Times at 121 million yuan, Northern Huachuang at 98.5 million yuan, and Muyuan Foods at 92.1 million yuan [3] - The data indicates a consistent pattern of institutional trading activity in these key stocks [3]

| 股票基金信息 | | | | | | | | | | --- | --- | --- | --- | --- | --- | --- | --- | --- | | 交易日期 | 证券商除 招商银行 | 证券代码 600036 | 成交价(元) 成交宜额[万元) 成交量(*) 买入营业部 42.83 4319.41 100.85 | 机构专用 | 机构专用 | 奥出营业器 | 是否为专场 | Ka | | 2025-09-10 | | | | | | | | | 9月10日，招商银行大宗交易成交100.85万股，成交额4319.41万元，占当日总成交额的2.09%，成交价 42.83元，较市场收盘价43元折价0.4%。 ...

Management Changes - Several senior management adjustments have occurred at China Merchants Bank (CMB), with two key branch heads being promoted to senior management positions [1] - The current management structure consists of one president and four vice presidents, following the resignation of two vice presidents earlier this year [1] Branch Performance - As of June 2025, the Shenzhen and Guangzhou branches are the second and fourth largest branches of CMB, with total assets of 578.84 billion and 330.14 billion respectively [2] - The Shenzhen branch has 116 outlets and over 6,300 employees, while the Guangzhou branch has 81 outlets and over 3,300 employees [3] Regional Strategy - CMB's regional strategy focuses on strengthening resource allocation in economically robust areas such as the Yangtze River Delta and the Pearl River Delta [3] - The bank reported a total profit of 88.91 billion, a slight decrease of 0.82% year-on-year, but net profit increased by 0.25% to 74.93 billion [2][3] Recent Appointments - Wang Xinghai and Cui Jiakun, heads of the Shenzhen and Guangzhou branches respectively, have been appointed as members of the bank's party committee and are set to become assistant presidents [1] - Recent adjustments have also occurred in several other first-level branches, including the appointment of new vice presidents and committee members [5][6]

为积极响应全国"质量月"活动号召，深入贯彻金融为民、金融利企服务理念，招商银行青岛分行于今年 9月在全行范围内启动"金融标准 为民利企"系列活动，旨在通过广泛宣传、深入应用金融标准，切实提 升金融服务质量，保障金融消费者合法权益，优化企业客户服务体验，为实体经济发展注入金融动能。 招商银行青岛分行充分发挥金融科技优势，推动金融标准深度融入服务场景。 优化客户体验：严格遵循相关服务标准，持续优化手机银行、网上银行等线上渠道的界面友好性、操作 便捷性和信息透明度，致力于为客户提供更安全、高效、无障碍的数字金融服务体验。 赋能企业发展：基于开放银行标准，为企业客户提供标准化、便捷化的API接口服务，无缝对接企业财 务系统，实现资金流、信息流的高效协同管理，有效降低企业运营成本，提升资金周转效率。 强化风险防控：严格执行数据安全和个人信息保护相关标准，运用科技手段加强交易监控和风险预警能 力，为客户的资金与信息安全构筑坚实防线。 践行金融为民，共促高质量发展 聚焦标准宣贯，筑牢服务根基 金融标准是保障服务质量、防范风险、维护市场秩序的关键。活动期间，招商银行青岛分行线上线下协 同发力，全方位普及金融标准知识： 网点社 ...

国投金融地产ETF（159933）业绩比较基准为沪深300金融地产指数，管理人为国投瑞银基金管理有限 公司，基金经理为赵建、钱瀚，成立（2013-09-17）以来回报为207.16%，近一个月回报为-1.60%。 风险提示：市场有风险，投资需谨慎。本文为AI大模型自动发布，任何在本文出现的信息（包括但不 限于个股、评论、预测、图表、指标、理论、任何形式的表述等）均只作为参考，不构成个人投资建 议。 来源：新浪基金∞工作室 9月8日，国投金融地产ETF（159933）开盘涨0.16%，报3.080元。国投金融地产ETF（159933）重仓股 方面，中国平安开盘跌0.24%，招商银行跌0.14%，兴业银行跌0.41%，东方财富跌0.75%，中信证券跌 0.10%，工商银行跌0.40%，国泰海通涨0.00%，农业银行跌0.96%，交通银行跌0.14%，江苏银行跌 0.66%。 ...

Group 1 - The National Financial Supervision Administration of Liaoning approved the appointment of Yang Fade as the chairman of Liaoning Shenyang Bank [2] - Yang Fade has extensive experience in the banking sector, having held various senior positions at China Merchants Bank before joining Liaoning Shenyang Bank [4] - In December 2024, Liaoning Shenyang Bank announced that Gong Changlin would no longer serve as president due to age reasons, and Yang Fade was appointed as the new president [4] Group 2 - For the year 2024, Liaoning Shenyang Bank reported a consolidated operating income of 5.712 billion yuan, a year-on-year decrease of 2.99% [5] - The bank recorded a net loss of 42 million yuan for 2024, which is an increase in loss of 3 million yuan compared to 2023 [5] - As of the end of 2024, the non-performing loan ratio of Liaoning Shenyang Bank was 4.14%, with a provision coverage ratio of 358.76% [5] - On a parent company basis, Liaoning Shenyang Bank achieved a net profit of 7.216 million yuan, an increase of 5.957 million yuan compared to 2023 [5]