Core Viewpoint - A wave of corporate governance reform is sweeping through financial institutions in China, driven by the recent amendment to the Company Law, which allows companies to delegate the functions of the supervisory board to the audit committee of the board of directors, thus eliminating the mandatory requirement for a supervisory board [2][6][7]. Group 1: Background and Legislative Changes - The revised Company Law, effective from July 2024, explicitly permits joint-stock companies to exercise the functions of the supervisory board through an audit committee established by the board of directors, removing the compulsory establishment of a supervisory board [6][7]. - This legislative change is expected to lower corporate governance costs, prompting more financial institutions to initiate governance reforms [4][7]. Group 2: Actions Taken by Financial Institutions - Since April 29, 2023, several major state-owned banks, joint-stock banks, and city commercial banks have announced the abolition or non-establishment of their supervisory boards, including the five major state-owned banks: Industrial and Commercial Bank of China, Agricultural Bank of China, Bank of China, China Construction Bank, and Bank of Communications [4][5]. - In the securities sector, the first company to abolish its supervisory board was Caixin Securities on March 3, 2023, followed by other firms like Guoyuan Securities and Huaxin Securities [5]. - Foreign insurance companies have also been quick to act, with Japan Property Insurance (China) Co., Ltd. announcing the abolition of its supervisory positions on April 20, 2023 [5]. Group 3: Implications and Challenges - The shift from a supervisory board to an audit committee raises concerns about the effectiveness of oversight, as the audit committee, composed entirely of directors, may face conflicts of interest when supervising the board itself [9]. - The transition also includes provisions for former external supervisors to potentially become independent directors, provided they meet the qualifications and adhere to a tenure limit of six years [9].

转自：北京日报客户端 6月10日，亚洲开发银行与华夏银行在北京共同举办"促进产业园区绿色低碳发展项目"启动会，标志着 这一获得国家货币财政政策支持的金融服务零碳园区项目正式实施。 会上，重庆江津工业园、西安高新技术产业开发区、中国算谷产业园、泛半导体产业园、BIOPARK国 际医药创新公园等12家国家级和省级开发区，分别与华夏银行相关分行签署了战略合作协议。 杨书剑说，"促进产业园区绿色低碳发展项目"是华夏银行做好绿色金融大文章、在转型金融领域打造国 际合作特色的重要举措。华夏银行将为产业园区绿色低碳发展提供融资+融智综合服务，携手各方在助 力实现双碳目标、服务经济社会可持续发展、参与全球气候治理中贡献更多力量。 来源：北京日报客户端 为加大金融支持产业园区绿色转型力度，亚洲开发银行与华夏银行合作设立产业园区转型金融项目"促 进产业园区绿色低碳发展项目"。该项目是经国务院最终批准的主权贷款项目。由财政部代表中国政府 与亚洲开发银行签署《贷款协议》，华夏银行作为执行机构与亚洲开发银行、财政部分别签署执行相关 协议。 该项目预计首批将调动50亿元，期限16年，具有国际化、长期限、用本币、高效率的显著特点。项目以 ...

Group 1 - The A-share market showed mixed performance on June 10, with defensive sectors like banking leading the gains, as evidenced by the Tianhong Bank ETF (515290) rising by 1.29% and reaching a new high since its listing [1] - Multiple banks have announced dividend distributions, with 11 banks having completed their year-end dividend distributions by June 6, 2024, indicating an earlier payout schedule compared to previous years [1] - The Tianhong Bank ETF closely tracks the CSI Bank Index, which consists of up to 50 banking stocks, reflecting the overall performance of the banking sector [1] Group 2 - According to Shenwan Hongyuan's latest report, the banking sector has experienced a recovery since the end of 2023, with a cumulative increase of 55%, driven primarily by valuation recovery and supported by high dividend yields [2] - Guotou Securities emphasizes that valuation changes have a more significant and lasting impact on banks compared to minor performance changes, with ongoing trends since 2021 expected to continue driving returns in the banking sector [2]

Group 1 - The core viewpoint of the articles highlights the undervaluation of banks in terms of their earnings potential, with a focus on the stability of their return on equity (ROE) and the low price-to-earnings (PE) ratio compared to other sectors [1][2] - The average ROE of banks is approximately 10%, ranking them among the top five sectors in the market, while their average PE is around 6 times, the lowest across all sectors, indicating a potential for systematic revaluation of the banking sector [1] - The report categorizes banks into four quadrants based on the "PE-ROE" analysis, identifying banks in the fourth quadrant as having better-than-industry ROE but lower PE, suggesting a pessimistic outlook on ROE, which may lead to valuation recovery during the overall PE repair process, particularly for joint-stock banks and rural commercial banks [1] Group 2 - The CSI Bank ETF closely tracks the CSI Bank Index, providing investors with analytical tools to reflect the overall performance of different industry companies within the CSI All Share Index, which is categorized into multiple levels of industries [2] - As of May 30, 2025, the top ten weighted stocks in the CSI Bank Index account for 64.64% of the index, with major banks including China Merchants Bank, Industrial Bank, and Agricultural Bank among the top positions [2]

A股银行股继续走强，兴业银行股价创历史新高，民生银行、南京银行、长沙银行创阶段新高，华夏银 行、宁波银行、浙商银行等跟涨。 ...

A股银行板块异动拉升，民生银行涨超2.5%，南京银行、华夏银行、浙商银行、兴业银行均涨超1.5%， 沪农商行等跟涨。 订阅A股市场资讯 +订阅 ...

Core Insights - Chongqing Bank successfully issued the first bank technology innovation bond in the western region, with a scale of 3 billion yuan and a subscription multiple of 3.39 times, marking the lowest coupon rate in the bank's history at 1.85% [2] - Since the launch of the "technology board" on May 7, over 200 technology innovation bonds have been issued, totaling more than 380 billion yuan, with banks being the main issuers [2][3] - The issuance of technology innovation bonds has expanded the range of financing entities, primarily supporting financial institutions, technology enterprises, and private equity investment institutions [3] Summary by Category Issuance Details - The technology innovation bond market has seen significant participation from major banks, with the top five state-owned banks issuing a total of 1.1 billion yuan in bonds [3] - Among national joint-stock banks, several banks have issued bonds ranging from 50 million to 150 million yuan, totaling 450 million yuan [4] - The average financing cost of technology innovation bonds is lower than that of similar bonds due to the high qualifications of the issuers [4] Investor Participation - Investors in technology innovation bonds primarily include commercial banks and wealth management companies, with significant investments directed towards sectors like integrated circuits and high-end manufacturing [6] - The current investor base is characterized by a low risk appetite, with a need for diversification in the future [6][7] Policy and Market Outlook - Regulatory bodies are working to improve the support mechanisms for technology innovation bonds, encouraging various financial institutions and long-term funds to participate [7] - Future developments may include an expansion of the market size, broadening of issuer categories, and the creation of technology innovation bond index funds [8]

Core Viewpoint - Huaxia Bank, established in 1992, has undergone significant changes, including a shareholding reform in 1995 and a public listing in 2003, with major shareholders including Shougang Group and State Grid [1][2]. Group 1: Shareholding Structure - As of March 2025, the largest shareholders of Huaxia Bank are Shougang Group (21.68%), State Grid (19.33%), and China Property Insurance (16.11%) [1]. - The top ten shareholders include various entities, with the smallest holding being 0.65% by a fund linked to Industrial and Commercial Bank of China [1]. Group 2: Financial Performance - By the end of 2024, Huaxia Bank's total assets reached 4.38 trillion yuan, with a growth rate of 2.86% [1]. - The bank reported an operating income of 97.146 billion yuan, reflecting a year-on-year increase of 4.23%, and a net profit attributable to shareholders of 27.676 billion yuan, up by 4.98% [1]. Group 3: Organizational Structure - As of 2024, Huaxia Bank has maintained 34 departments, categorized into six major segments: corporate finance, retail and inclusive finance, financial markets, risk management, financial technology, and basic support [2]. - New departments include the Industrial Digital Finance Department and the renaming of the Personal Business Department to Retail Finance Department [2]. Group 4: Employee and Branch Network - Huaxia Bank employs a total of 38,937 staff members as of 2024 [5]. - The bank has established branches in 30 out of 31 provinces in China, excluding Tibet, and has overseas branches in Hong Kong [3].

Core Viewpoint - The article highlights the achievements and strategic initiatives of Huaxia Bank Nanjing Branch over the past 30 years, emphasizing its commitment to high-quality development, social responsibility, and support for local economic growth in Jiangsu province. Group 1: Historical Development and Achievements - Huaxia Bank Nanjing Branch was established on June 6, 1995, as the first branch outside its headquarters, becoming one of the earliest joint-stock commercial banks in Jiangsu [1] - The branch has expanded to 9 secondary branches and 63 business institutions, achieving total assets of 220 billion yuan, deposits exceeding 180 billion yuan, and loans over 200 billion yuan [1] - The branch has received numerous accolades, including "National May Day Labor Award" and recognition as a "Civilized Unit" in Jiangsu province [1] Group 2: Party Leadership and Governance - The branch emphasizes the importance of the Party's leadership in guiding its operations and has implemented strict governance measures to foster a culture of integrity [3] - It actively promotes the integration of Party work with business operations, aligning its goals with national strategies such as the "Belt and Road Initiative" and "Yangtze River Economic Belt" [4] Group 3: Social Responsibility and Community Engagement - Over the past decade, the branch has donated over 10 million yuan and engaged in various community support initiatives, enhancing the welfare of local residents [5] - It has been recognized as an advanced unit for its poverty alleviation efforts and has implemented numerous charitable activities [5] Group 4: Economic Development Support - The branch has established specialized teams to support major projects in Jiangsu, providing funding for infrastructure and development initiatives [6] - It has facilitated the issuance of special bonds to support local government projects, helping to secure 16 billion yuan for various initiatives [6] Group 5: Industry Focus and Innovation - The branch has targeted key industries such as biopharmaceuticals and high-end manufacturing, maintaining double-digit growth in manufacturing loans [7] - It has introduced innovative financial products, including green ABS, to support the transformation of traditional industries [7] Group 6: International Trade and Foreign Exchange Services - The branch has enhanced its foreign exchange services to support local enterprises in navigating international markets, providing comprehensive cross-border financial services [8] Group 7: Financial Inclusion and Support for SMEs - Huaxia Bank Nanjing Branch has developed a range of inclusive financial products, serving over 15,000 small and micro enterprises and providing nearly 100 billion yuan in inclusive loans [14] - It has tailored financial solutions for agricultural enterprises, contributing to rural revitalization efforts [15] Group 8: Aging Population and Pension Services - The branch has focused on developing financial services for the elderly, supporting the construction of senior care facilities and offering specialized pension products [16][17] Group 9: Digital Finance and Technological Integration - The branch has launched digital financial products to support various industries, serving over 4,000 clients and facilitating over 10 billion yuan in credit [18] - It has partnered with local data groups to enhance digital infrastructure, contributing to the growth of the digital economy in Jiangsu [19]

资料显示，指数每月调整一次，调整时间分别为每月的第三个交易日。新经济股票组合每半年调整一 次，调整时间分别为每年6月和12月的第二个星期五的下一交易日。新经济债券组合每月调整一次，调 整时间为每月首个交易日；债券发行人每年调整一次，调整时间为7月首个交易日。特殊情况下将对新 经济股票组合和新经济债券组合进行临时调整。当股票样本退市时，将其从股票组合中剔除；股票样本 公司发生收购、合并、分拆等情形的处理，参照股票指数计算与维护细则处理。当新进入港股通的新经 济证券市值排名位于股票组合前十位时，将在其纳入港股通后第十一个交易日快速进入股票组合。当港 股通范围发生变动导致组合样本不再满足互联互通资格时，股票组合将进行调整。当债券样本发生摘牌 等事件时，视情况自事件生效之日起从债券组合中剔除；债券样本发生其他事件，参照债券指数计算与 维护细则处理。 来源：金融界 金融界6月3日消息，上证指数低开高走，中证华夏银行新经济财富指数 (华夏银行新经济，931771)报 1615.12点。 数据统计显示，中证华夏银行新经济财富指数近一个月上涨0.67%，近三个月下跌0.35%，年至今上涨 6.42%。 据了解，中证华夏银行新 ...