Group 1 - The eighth China International Import Expo (CIIE) showcases a strong consumer enthusiasm, particularly in beauty and skincare products, reflecting the increasing demand for quality in daily life [1] - The event coincides with the "Double 11" shopping festival, extending online shopping desires to offline experiences, with notable highlights in payment scenarios [1] - Financial institutions are well-prepared to support smooth transactions for both domestic and international attendees, with services like self-service currency exchange and multilingual staff [2] Group 2 - The "Cultural and Tourism Grand Show" initiative by the Bank of Communications aims to enhance the quality of the cultural tourism industry by integrating various consumer experiences [3] - The initiative includes collaboration with leading online travel agencies (OTAs) to provide diverse discounts and subsidies, supporting high-quality development in cultural tourism consumption [3] - The Bank of China has introduced a "buy and refund" tax refund service at the expo, facilitating a seamless shopping experience for foreign visitors [2]

Core Viewpoint - China UnionPay and Bank of China launched an innovative tax refund service for outbound tourists during the China International Import Expo, aiming to enhance the payment experience for foreign visitors and support China's open economy strategy [2][3][4]. Group 1: Innovative Service Model - The newly launched tax refund service integrates "immediate purchase and refund" and "port tax refund" scenarios, creating a complete service loop from "inbound consumption" to "outbound tax refund" [3]. - Foreign tourists can use various international cards, including UnionPay, Visa, Mastercard, JCB, and Diners Club, at designated tax refund service points [3]. - The service utilizes specialized POS machines provided by UnionPay Business, allowing for integrated pre-authorization and tax refund settlement, significantly reducing the time for refunds to be credited back to cards [3]. Group 2: Deepening Industry Collaboration - China UnionPay is enhancing its global payment network, which now covers 183 countries and regions, supporting international trade and cultural exchanges [4]. - The tax refund service reflects China UnionPay's commitment to its "payment for the people" philosophy and its role in facilitating high-level openness in the economy [4]. - Future plans include further collaboration with Bank of China and other partners to improve cross-border payment services and ensure the effective implementation of innovative services nationwide [4].

Group 1 - The core point of the article is that the Bank of China successfully assisted the Ministry of Finance in issuing $4 billion in sovereign bonds in Hong Kong, which received significant attention from both domestic and international markets [1] - The bond issuance consists of two maturities: $2 billion for 3-year bonds with an interest rate of 3.646% and $2 billion for 5-year bonds with an interest rate of 3.787% [1] - The issuance attracted a diverse range of investors, including sovereign and supranational entities, banks, insurance companies, and asset management firms, resulting in a total subscription amount of approximately $118.2 billion, with an overall subscription multiple of about 30 times, the highest in the history of the Ministry of Finance's dollar sovereign bond issuances [1] Group 2 - The geographical distribution of investors was broad, with 53% from Asia, 25% from Europe, 16% from the Middle East, and 6% from the United States, indicating strong international interest in Chinese sovereign credit [1]

Market Overview - The Hang Seng Index (HSI) closed at 26,662.27, up by 13.21 points or 0.05% from the previous close [1] - The index reached a high of 26,664.74 and a low of 26,496.53 during the trading session, with a trading volume of 43.5445 million [1] Major Blue-Chip Stocks Performance - HSBC Holdings closed at HKD 112.005, an increase of 1.36% compared to the Hong Kong market close [2] - Tencent Holdings closed at HKD 649.659, up by 0.02% from the Hong Kong market close [2] ADR Performance - Tencent Holdings (ADR) was priced at 649.659, reflecting a slight increase of 0.02% compared to its Hong Kong counterpart [3] - Alibaba Group (ADR) was priced at 161.200, down by 1.35% compared to its Hong Kong price of HKD 163.400 [3] - HSBC (ADR) was priced at 112.005, showing an increase of 1.36% compared to its Hong Kong price [3]

Core Insights - The core focus of the news is the launch of an innovative tax refund service product by China UnionPay in collaboration with Bank of China during the China International Import Expo, aimed at enhancing the payment experience for foreign visitors in China [1][2]. Group 1: Innovative Service Model - The newly launched tax refund service integrates "immediate purchase and refund" and "port tax refund" scenarios, creating a complete service loop from "inbound consumption" to "outbound tax refund" [2]. - Foreign tourists can use various international cards, including UnionPay, Visa, Mastercard, JCB, and Diners Club, at designated tax refund service points and stores [2]. - The service utilizes dedicated POS machines provided by UnionPay Business, allowing for integrated pre-authorization and tax refund settlement, significantly reducing the time for tax refunds to be credited back to cards [2]. Group 2: Deepening Industry Collaboration - China UnionPay is enhancing its global payment network, which now covers 183 countries and regions, supporting international card issuance in 84 countries, thereby facilitating trade and cultural exchanges [3]. - The tax refund service reflects China UnionPay's commitment to the "payment for the people" philosophy and its role in promoting high-level openness in the financial sector [3]. - Future plans include further collaboration with Bank of China and other partners to improve cross-border payment services and ensure the effective implementation of innovative services like tax refunds nationwide [3].

登录新浪财经APP 搜索【信披】查看更多考评等级 [重要提示] 1、平安产业竞争力混合型证券投资基金（以下简称"本基金"）的发售已获中国证监会2024年7月2日证 监许可[2024]1019号文注册。中国证监会对本基金的注册并不代表中国证监会对本基金的投资价值和市 场前景作出实质性判断或保证，也不表明投资于本基金没有风险。 2、本基金类别为混合型证券投资基金。 3、本基金运作方式为契约型开放式。 4、本基金的基金管理人为平安基金管理有限公司（以下简称"基金管理人"），基金托管人为中国银行 股份有限公司，登记机构为基金管理人。 5、本基金的发售对象为符合法律法规规定的可投资于证券投资基金的个人投资者、机构投资者、合格 境外投资者以及法律法规或中国证监会允许购买证券投资基金的其他投资人。 6、本基金自2025年11月14日至2026年2月13日通过基金管理人指定的销售机构（包括直销和其他销售机 构）公开发售。基金管理人可根据募集情况适当缩短或延长本基金的募集期限并及时公告。本基金的募 集期限自基金份额发售之日起不超过3个月。 7、投资者通过其他销售机构认购，单个基金账户单笔最低认购金额起点为人民币1元（含认购费） ...

Core Points - China Bank announced the election of Mr. Hu Zhanyun as an independent non-executive director at the 2024 annual general meeting scheduled for June 27, 2025 [1] - The approval for Mr. Hu's independent director qualification has been granted by the National Financial Supervision Administration [1] - Mr. Hu will officially assume his role as an independent non-executive director on November 7, 2025, and will also serve as the chairman and member of the bank's related party transaction control committee, as well as a member of the audit committee and the nomination and remuneration committee [1] - Mr. Hu's term as a director will last for three years [1] - The board of directors of China Bank welcomed Mr. Hu's appointment [1]

非執行董事 張勇 黃秉華 劉輝 師永彥 樓小惠 李子民 獨立非執行董事 董事名單與其角色和職能 中國銀行股份有限公司董事會（「董事會」）成員載列如下： 董事長 葛海蛟 副董事長 張輝 執行董事 劉進 C 有關委員會的主席 VC 有關委員會的副主席 讓•路易•埃克拉 喬瓦尼•特里亞 劉曉蕾 張然 高美懿 胡展雲 1 董事會設立6個委員會。下表提供各董事會成員在這些委員會中所擔任的職位： | | 委員會 | | 可持續發展 與消費者 | | | | | | --- | --- | --- | --- | --- | --- | --- | --- | | | | 戰略發展 | 權益保護 | | 風險政策 | 提名和薪酬 | 關聯交易 | | 董事 | | 委員會 | 委員會 | 審計委員會 | 委員會 | 委員會 | 控制委員會 | | 葛海蛟 | | C | | | | | | | 張輝 | | M | | | | | | | 劉進 | | M | M | | | | | | 張勇 | | M | | M | C | | | | 黃秉華 | | | C | | M | M | | | 劉輝 | | M | | ...

Group 1 - The eighth China International Import Expo (CIIE) is currently taking place at the National Exhibition and Convention Center in Shanghai, with the cultural and creative pavilion being one of the most popular spots [1] - A new feature this year is the departure tax refund service, provided by Bank of China staff stationed outside the pavilion, offering a "one-stop" tax refund experience for foreign travelers [1] - Shoppers can enjoy a departure tax refund if their purchases exceed 200 yuan, with a refund rate of 9% applicable to eligible purchases [1] Group 2 - Bank of China Shanghai has set up integrated tax refund POS machines at the CIIE, supporting online signing of service agreements and pre-authorization for major credit card types, enhancing the convenience for foreign travelers [2] - The tax refund service includes multi-language support, with professional teams available to assist travelers in completing the necessary processes for tax refunds [1][2]

Core Insights - The eighth China International Import Expo (CIIE) concluded with an intended transaction amount of $83.49 billion, marking a record in both the number of participating companies and exhibition area, with 461 new global product launches [1] Group 1: Financial Institutions' Role - Financial institutions played a crucial role in enhancing the exhibition experience through technology and services, creating a seamless "transaction network" for buyers and sellers [1] - The integration of artificial intelligence (AI) and financial technology was highlighted, with various banks showcasing AI-driven experiences, such as China Bank's AI experience zone featuring robots and interactive displays [2][4] - The introduction of digital currency and upgraded payment systems facilitated smoother transactions, with the Industrial and Commercial Bank of China (ICBC) offering a commemorative digital currency wallet for the expo [6][9] Group 2: AI and Interactive Experiences - AI technology was prominently featured, with banks like China Construction Bank presenting humanoid robots capable of natural language interaction and full-service capabilities [5] - Interactive experiences, such as virtual racing and personalized AI portraits, attracted significant visitor engagement, demonstrating the blend of financial services with entertainment [5][6] - The use of AI in financial services was emphasized, with robots not only providing assistance but also marketing financial products effectively [4][5] Group 3: Payment Innovations - The payment system saw significant upgrades, with digital currency becoming a standard for transactions at the expo, allowing for quick and efficient cross-border payments [9][10] - The introduction of "instant buy and refund" services streamlined the tax refund process for international visitors, significantly reducing the time required for refunds [10] - The collaboration between China UnionPay and China Bank to offer integrated payment and tax refund services showcased the evolution of payment solutions at the expo [10] Group 4: Trade Facilitation and Collaboration - Financial institutions positioned themselves as resource hubs, facilitating connections between exhibitors and domestic buyers through various matchmaking activities [11] - The launch of upgraded banking apps by financial institutions aimed to enhance service integration, providing a comprehensive "finance + lifestyle" experience for exhibitors and consumers [13] - The role of financial institutions has evolved from merely providing loans to becoming key players in promoting global supply chain cooperation, as evidenced by the significant growth in cross-border settlement volumes [13]