Core Insights - The Bank of China Shanghai Branch has launched the first "buy and refund" credit card refund service in the country, enhancing the efficiency of tax refund services for international travelers [1][2] - The branch has processed tax refunds for over 70,000 foreign travelers from more than 170 countries and regions since 2025, contributing to Shanghai's goal of becoming a premier destination for inbound tourism [1] Group 1: Service Innovations - The introduction of the "buy and refund" product allows for rapid processing of tax refunds, broadening the channels for refund payments and improving customer experience [2] - A centralized refund point has been established at the Bank of China Shanghai Branch, integrating tax refund services with cross-border financial services, providing a one-stop service for travelers [3] Group 2: Service Expansion - The Bank of China has announced a pilot program for "buy and refund" services to be recognized across different locations, allowing travelers to process refunds at various ports of exit [4] - The bank has been actively expanding its tax refund services since obtaining the agency qualification in 2015, now covering nearly 50% of the provinces and cities that offer tax refund services [4] Group 3: Enhanced Customer Experience - The Shanghai Branch has set up a 24/7 tax refund point at Pudong Airport, employing a dual service model of "manual + self-service" to cater to international travelers [5] - A new "packaging and scanning" model has been introduced in collaboration with Shanghai Customs, significantly improving the efficiency of the tax refund verification process [6]

中期報告 中期報告 中期報告 中期報告 中國銀行股份有限公司 中國銀行股份有限公司 （於中華人民共和國註冊成立的股份有限公司） 股份代號：3988 （於中華人民共和國註冊成立的股份有限公司） 股份代號：3988 中國銀行股份有限公司 2025 中期報告 股份代號 3988 : 中國銀行股份有限公司 （於中華人民共和國註冊成立的股份有限公司） 中國北京市西城區復興門內大街1號 100818 電話：(86) 10-6659 6688 傳真：(86) 10-6601 6871 客服及投訴電話：(86) 區號-95566 www.boc.cn, www.bankofchina.com 中國銀行股份有限公司 2025 中期報告 股份代號 3988 : 中國銀行股份有限公司 （於中華人民共和國註冊成立的股份有限公司） 中國北京市西城區復興門內大街1號 100818 電話：(86) 10-6659 6688 傳真：(86) 10-6601 6871 客服及投訴電話：(86) 區號-95566 www.boc.cn, www.bankofchina.com 目錄 | 釋義 | 3 | | --- | --- | | 重要提示 ...

Core Viewpoint - The impact of Typhoon "Haikui" on the Guangdong region has led to significant disruptions in local businesses, particularly in seafood and agriculture, creating a pressing need for financial support to facilitate recovery and capitalize on the upcoming holiday market opportunities [1][2][3][4] Group 1: Financial Support Initiatives - China Bank in Guangdong has implemented a coordinated financial support strategy to assist local businesses in recovering from the typhoon's impact, focusing on efficient service to help enterprises resume operations quickly [1][4] - The bank has established a special green channel for disaster recovery loans, enabling rapid approval and disbursement of funds, such as a 4 million yuan loan to a shipyard within one day [2] - Customized financial services have been introduced to meet the specific needs of affected businesses, including tailored loan products for seafood and agricultural enterprises [3][4] Group 2: Specific Case Studies - In Yangjiang, the local fishery sector suffered severe damage, prompting China Bank to provide 4.95 million yuan in loans to support recovery efforts [1] - A food technology company in Zhuhai received 10 million yuan in credit to address equipment repairs and production line restarts after suffering damage from the typhoon [3] - An agricultural company in Zhuhai was granted a 2 million yuan loan to repair fish ponds and ensure the survival of stock, crucial for meeting market demands during the holiday season [3]

Core Viewpoint - The Bank of China has launched the "BOC Huichu Travel" payment brand to enhance the vitality of the holiday tourism market through financial services [1] Group 1: Local Consumption and Night Economy - The Bank of China has partnered with over 40 well-known local food streets to offer extensive payment discounts, promoting local consumption and the night economy [1] - The initiative aims to help consumers experience urban life and stimulate the recovery of local spending [1] Group 2: Travel and Accommodation Discounts - A comprehensive discount system for travel, accommodation, and tourism has been established, addressing core travel needs [1] - The Bank of China has collaborated with various hotel groups to provide a range of accommodation options from budget to high-end [1]

Core Insights - The article emphasizes the importance of distinguishing between various bank wealth management products, particularly those labeled as "enhanced," "stable," and "balanced," which often have similar names and vague characteristics [1] - The South Finance Wealth Management team aims to reduce investors' selection costs by weekly focusing on the performance of wealth management products available through different distribution channels [1] Product Selection Criteria - The selection of products for the performance ranking is based on two main criteria: product type, focusing on pure fixed income, "fixed income +", and mixed products; and performance stability, requiring products to have been established for at least three months to ensure sufficient performance accumulation [1] - The sample for the wealth management products is limited to publicly offered RMB products [1] Performance Metrics - The ranking list displays the annualized performance of products over the past month, three months, and six months, sorted by the annualized return over the last three months to reflect multidimensional performance during recent market fluctuations [1] - The current focus is on "fixed income +" products issued by wealth management companies, with the team selecting superior-performing products available for sale through distribution channels [1] Distribution Institutions - The article lists 28 distribution institutions, including major banks such as Industrial and Commercial Bank of China, Bank of China, Agricultural Bank of China, and others [2] - It is noted that the assessment of the "on sale" status of wealth management products is based on their investment cycle projections, but actual availability may vary due to factors like sold-out quotas or differences in product listings for different customers [2] Performance Rankings - The article provides a performance ranking of various wealth management products, highlighting specific products from institutions like Bank of China and Industrial and Commercial Bank of China, with annualized returns ranging from 5.14% to 8.66% over different holding periods [4][6][9] - The performance data is sourced from the South Finance Financial Terminal and is current as of September 25, 2025 [4][6][9]

Core Insights - The article focuses on the performance of bank wealth management products with varying minimum holding periods, specifically highlighting the annualized returns of products with holding periods of 90 days, 180 days, and 365 days [1][5][8] Group 1: 90-Day Holding Period Products - The top-performing product is from Minsheng Bank, with an annualized return of 15.74% [4] - Other notable products include Minsheng Bank's Rongzhu Mixed Fund at 15.05% and Bank of China’s mixed product at 10.73% [4] Group 2: 180-Day Holding Period Products - Minsheng Bank's Kyoto is a unique product with a return of 9.19%, leading the 180-day category [6] - Other significant products include Minsheng Bank's Rongmen Mixed Anti-Inflation Fund at 9.04% and Bank of China's mixed product at 7.43% [6][7] Group 3: 365-Day Holding Period Products - The top product in this category is Minsheng Bank's Jinzhuhua FOF with an impressive return of 45.26% [9] - Other notable products include Bank of China's mixed product at 9.50% and another mixed product at 9.41% [9]

Core Insights - The conference focused on the theme "Fluctuations of the RMB Exchange Rate and Expectations of Federal Reserve Policies" [1] - Key speakers included Guan Tao, Chief Economist at Zhongyin Securities, and other experts discussing the implications of U.S. monetary policy on the RMB [1][3] Group 1: RMB Exchange Rate Outlook - The RMB is expected to appreciate against the USD by 2025 due to various factors, including a decline in the USD index by 9.5% in the first nine months of 2023 and improvements in the Chinese economy [3][4] - Factors supporting the RMB include the Federal Reserve's interest rate cuts, a weakened USD credibility, and positive economic indicators from China [3][4] - The current RMB exchange rate is not significantly deviating from its equilibrium, with no substantial appreciation pressure observed [4] Group 2: Federal Reserve Policy Impact - The Federal Reserve began a rate-cutting cycle in September 2023, which is expected to influence global liquidity and capital flows, benefiting emerging markets including China [6] - The Fed's monetary policy is primarily driven by domestic inflation and employment levels, which may lead to further weakening of the USD [6] - The anticipated slowdown in U.S. capital inflows in Q4 2023 could impact international capital confidence in USD assets, affecting the RMB exchange rate [6] Group 3: International Monetary System Challenges - The international monetary system faces challenges from geopolitical tensions, the rise of credit currencies, and the need for reform in response to technological advancements [8] - Future reforms may include promoting a more stable monetary system, enhancing cross-border payment efficiency, and exploring the role of sovereign currencies [8] - The U.S. Federal Reserve's policies are ultimately aimed at maximizing U.S. interests, balancing domestic and global economic considerations [8]

9月25日，工商银行、农业银行、中国银行、建设银行、交通银行集体发布公告，宣布公司 章程修订获监管核准，自核准之日起不再设立监事会，由董事会审计委员会依法承接监事会 职权。 交通银行同样发布相关公告，自2025年9月25日起不再设立监事会，由董事会审计委员会行 使监事会相关职权。现任监事王学庆、苏治、林至红、丰冰、颇颖不再担任监事及监事会相 关职务。 邮储银行也于近日发布公告表示，监事长、股东代表监事陈跃军到龄辞任。该行2025年第二 次临时股东大会会议资料显示，拟不再设立监事会及下设专门委员会，自公司章程获国家金 融监督管理总局核准之日起生效。 据不完全统计，目前已有20逾家银行披露公司治理架构改革计划，有银行已宣布监事团队人 员调整。业内人士认为，银行裁撤监事会有助于提升银行治理效率、精简公司治理结构、权 责更加清晰，同时也要防范监督独立性风险。 五家国有银行集体官宣取消监事会 邮储银行监事长日前已辞任 9月25日，国有五大行集体发布公告，宣布公司章程修订获核准以及不再设立监事会，由董 事会审计委员会依法承接监事会职权。 工商银行公告称，近日收到《国家金融监督管理总局关于工商银行修改公司章程的批复》。 自 ...

此次"德工杯"竞赛的圆满承办与优异成绩,不仅是对中国银行德州分行现金业务技能与管理水平的高度 认可,更是对全体员工奋勇拼搏、追求卓越精神的有力彰显。未来,中国银行德州分行将以此为契机,进一 步夯实业务根基,提升服务质效,持续擦亮"中银现金服务"品牌,为推动德州地区金融服务高质量发展贡献 更大力量。 (王文卓) 9月19日,由德州市总工会、中国人民银行德州市分行联合主办,中国银行德州分行承办的德州市2025 年"德工杯"银行业金融机构现金业务技能竞赛决赛,在中国银行德州分行三楼大会议室盛大启幕。德州 市人民银行副行长杨德阔、德州市总工会副主席苗君青、中国银行德州分行行长张小梅、中国银行德州 分行高级财务经理张长娟等领导出席活动,共同见证了这场金融技能的巅峰对决。 比赛前期,来自全市的285名选手历经多轮筛选,最终12支代表队的36名选手晋级决赛。竞赛现场,必答 题、抢答题环节紧张激烈,业务展示环节更是将现金业务技能的娴熟展现得淋漓尽致,现场气氛紧张热烈, 精彩迭起。中国银行参赛选手凭借扎实的业务功底和精湛的实操技能,在赛场上展现了中行人的专业风 采。他们全情投入、团结协作,指尖翻飞间尽显精准,慧眼识假中彰显专业 ...

Core Viewpoint - The impact of Typhoon "Haikui" on the Guangdong province has led to significant disruptions in local businesses, particularly in seafood and agriculture, creating a pressing need for financial support to facilitate recovery and capitalize on the upcoming holiday market opportunities [1][4]. Group 1: Financial Support Initiatives - China Bank in Guangdong has implemented a coordinated approach to provide financial assistance to affected businesses, focusing on efficient recovery processes to support regional economic stability [1][4]. - The bank has established a special green channel for disaster recovery loans, enabling rapid approval and disbursement of funds, such as a 4 million yuan technical transformation loan approved within one day for a shipyard [2][3]. - Customized financial services have been introduced to meet specific business needs, including a 10 million yuan credit facility for a food technology company to address production pressures and a 2 million yuan loan for an aquaculture company to restore operations [3][4]. Group 2: Challenges Faced by Local Businesses - Local businesses, particularly in the fishing and manufacturing sectors, are grappling with equipment damage, supply chain disruptions, and urgent financial needs to resume operations and meet market demands [2][3]. - The seafood industry has been particularly hard-hit, with significant losses reported due to infrastructure damage and operational halts, necessitating immediate financial intervention to recover production capabilities [1][3]. - Companies are facing dual challenges of disaster recovery and the need to prepare for increased demand during the upcoming Mid-Autumn and National Day holidays, making timely financial support critical [1][4]. Group 3: Future Outlook - China Bank aims to continue enhancing its financial services and product offerings to support the recovery and high-quality development of the Guangdong economy, ensuring businesses can navigate the challenges ahead [5].