智通财经APP获悉，据香港联交所最新数据显示，2月13日，贝莱德增持民生银行(01988)181.4万股，每 股作价4.1662港元，总金额约为755.75万港元。增持后最新持股数目约为5亿股，最新持股比例为6%。 ...

据香港联交所最新数据显示，2月13日，贝莱德增持民生银行（600016）(01988)181.4万股，每股作价 4.1662港元，总金额约为755.75万港元。增持后最新持股数目约为5亿股，最新持股比例为6%。 ...

运营商财经网 张运迪/文 在近期人事调整中，民生银行广州分行原行长徐文华，转任杭州分行首席专员。有意思的是，徐文华此 前就曾任杭州分行行长助理、副行长等职务，此次又调回杭州出任首席专员，相当于退居二线没有实 权，难道是为退休做准备？ 广州分行是民生银行第四大分行，截至2025年6月末，广州分行资产规模达3400.35亿元，仅次于北京分 行、上海分行和深圳分行。 郭代具有风险管理背景，同时又懂信贷管理，他上任后会带领广州分行如何发展？运营商财经网将持续 关注。 在前不久民生银行中层人事调整中，广州分行迎来新任"一把手"郭代，吸引了运营商财经网的关注。 郭代在民生银行任职多年。早年间，他曾在民生银行总行风险管理部任职，后担任民生银行深圳分行行 长助理等职务。 到了2022年5月，深圳银保监局核准了郭代民生银行深圳分行副行长的任职资格，郭代进一步升任，与 时任行长吴新军搭档共事。其后，郭代还出任民生银行总行信贷管理部副总经理、总经理等职务。 （责任编辑：张运迪） ...

Core Viewpoint - The People's Bank of China and the National Financial Regulatory Administration have conducted the 2025 assessment of systemically important banks, identifying 21 domestic banks categorized into five groups based on their systemic importance scores [1] Group 1: Assessment of Systemically Important Banks - A total of 21 domestic systemically important banks have been recognized, including 6 state-owned commercial banks, 10 joint-stock commercial banks, and 5 city commercial banks [1] - The banks are divided into five groups based on their systemic importance scores, with the first group consisting of 11 banks, the second group having 4 banks, the third group with 2 banks, the fourth group containing 4 banks, and the fifth group having no banks [1] Group 2: Breakdown of Bank Groups - The first group includes: China Minsheng Bank, China Everbright Bank, Ping An Bank, Huaxia Bank, Ningbo Bank, Jiangsu Bank, Beijing Bank, Nanjing Bank, Guangfa Bank, Zheshang Bank, and Shanghai Bank [1] - The second group consists of: Industrial Bank, China CITIC Bank, Shanghai Pudong Development Bank, and China Postal Savings Bank [1] - The third group includes: Bank of Communications and China Merchants Bank [1] - The fourth group comprises: Industrial and Commercial Bank of China, Bank of China, China Construction Bank, and Agricultural Bank of China [1] - The fifth group currently has no banks included [1] Group 3: Future Regulatory Actions - The People's Bank of China and the National Financial Regulatory Administration will implement additional regulatory measures for systemically important banks according to the "Regulations on Additional Supervision of Systemically Important Banks (Trial)" [1] - The aim is to enhance the synergy between macro-prudential management and micro-prudential supervision, ensuring the safe and sound operation of systemically important banks [1] - This initiative is intended to better support the high-quality development of the real economy [1]

机构观点 机构评级上调：瑞银于2026年2月10日将民生银行评级从"中性"上调至"买入"，基于其估值深度折让和 盈利拐点预期。 以上内容基于公开资料整理，不构成投资建议。 董事会换届计划：公司计划于2026年4-5月进行董事会换届，届时行长和党委书记人选将确定。 公司状况 大股东支持表态：洪崎强调，包括安邦在内的大股东不会减持股票，并继续在存款、保险代销等业务上 提供支持。 经济观察网 根据2026年2月的最新信息，民生银行股票有以下值得关注的事件： 业绩经营情况 即将披露业绩快报：民生银行董事长洪崎在2026年2月1日的紧急对话中表示，隔几天将发布业绩快报， 预计总体呈现稳健发展态势。 公司高层选举 ...

来源：经济观察网 经济观察网 2026年2月20日，根据香港联交所披露，贝莱德于2月13日以每股均价4.1662港元增持民生银 行H股181.4万股，增持后好仓比例由5.98%升至6.00%。此次增持反映了国际资本对民生银行的关注， 但需注意增持行为发生于7天外，公告日期在近一周内。 股票近期走势截至2026年2月20日，民生银行H股收盘价报4.11港元，单日跌幅0.48%，近5日累计下跌 2.14%。A股方面，截至2月13日收盘价为3.93元，近5日涨幅1.29%，但主力资金净流出1.35亿元，显示 短期资金面承压。整体银行板块近期表现分化，西部证券指出，2026年2月15日当周银行（申万）指数 下跌1.31%，股份行表现相对疲软。 机构观点西部证券于2026年2月15日发布金融周报指出，银行板块2026年有望受益于息差企稳及资产质 量改善，但股份行需依赖行业beta实现补涨，建议关注民生银行等估值折价较多的标的。报告强调，经 济复苏节奏与政策发力程度将影响银行股估值修复空间。 以上内容基于公开资料整理，不构成投资建议。 ...

据经济观察报-经济观察网 2025年，中国手机银行用户规模见顶，行业从增量获取转入存量提升，金融 机构需极致效率与精准生态才能生存。艾瑞咨询报告显示，在存量博弈中，股份制银行选择差异化生存 路径，头部效应显著。招商银行以7185.4万MAU稳居股份制银行首位，超越部分国有大行，得益于其 在财富管理与智能交互领域的深耕。平安银行与中信银行构成第二梯队，MAU维持在2000万至3000万 区间，前者通过AI重构服务链路，后者依托消费生态整合。民生银行、光大银行等第三梯队及之后机 构，MAU滑落至1000万至2000万区间，生存空间逼仄。地方银行中，深耕本地的机构逆势增长。城商 行如江苏银行、北京银行等，MAU稳定在300万以上；农商行与农信社中，福建农信等MAU突破450 万，占据县域与农村流量腹地。民营银行处境严峻，2025年TOP50榜单几近绝迹，因缺乏线下网点、本 地生活生态，且获客成本高，在手机银行赛道失去竞争力。存量时代，生态与区域能力成为制胜关键。 ...

Core Insights - The report by iResearch indicates that the monthly active users (MAU) of mobile banking apps in China have stabilized after fluctuating between 648 million and 739 million, signaling a ceiling in user growth and a shift from acquiring new users to enhancing existing user engagement [2] - User behavior is undergoing a structural reversal, with the effective daily usage time per device dropping from 4.9 minutes in 2023 to around 2.7 minutes by mid-2025, leading to a focus on high-frequency, short-duration, and functional usage [2] - Financial institutions are compelled to streamline operations and focus resources on core transaction scenarios to survive in this competitive landscape, where efficiency and precision are paramount [2] Mobile Banking Market Overview - The top three banks in terms of MAU are Agricultural Bank of China (2.49 billion), Industrial and Commercial Bank of China (1.94 billion), and China Construction Bank (1.09 billion), with all six major state-owned banks ranking in the top ten [3][5][6] - Private banks, represented by WeBank and MYbank, have faced significant setbacks, with many dropping out of the top 50 MAU rankings by 2025 [4] Competitive Landscape - State-owned banks are solidifying their dominance through extensive customer bases and integrated ecosystems, leveraging services embedded in high-frequency life scenarios such as government services and healthcare [7] - Joint-stock commercial banks are adopting a "specialized and precise" survival strategy, with China Merchants Bank leading among them with 71.85 million MAU, focusing on wealth management and intelligent interaction [8][10] - Regional banks are thriving by deeply engaging with local markets, while private banks struggle due to high customer acquisition costs and lack of local ecosystem support [13][14] Future Outlook - The mobile banking market is transitioning from a phase of scale expansion to one of value cultivation, with state-owned banks building moats through ecosystems, joint-stock banks seeking niches through specialization, and regional banks solidifying their local roots [14] - The ability to create irreplaceable value in a limited user engagement environment will be crucial, with technology applications such as AI reshaping service processes and enhancing risk management [15][16]

Core Insights - The article highlights the advancements in rehabilitation technology, particularly through the use of AI and robotics, exemplified by the lower limb rehabilitation robot developed by Lizi Intelligent Technology (Guangzhou) Co., Ltd, which aids patients with Parkinson's disease and lower limb paralysis [1][3]. Company Overview - Lizi Intelligent, a spin-off from South China University of Technology, has accumulated over 100 invention patents and international patents, positioning itself as a strong player in the "AI + medical rehabilitation" sector [3]. - The company was founded in 2022 after nearly a decade of technological development, focusing on transforming research achievements into marketable products [5]. Market Context - There are approximately 15 million stroke patients in China, with 3.3 million new cases annually, and a lifetime risk of stroke for adults reaching 39% [4]. - The high disability rate from strokes in China, around 75%, compared to 20%-30% in developed countries, underscores the urgent need for rehabilitation technology [4]. Technological Development - Lizi Intelligent has developed nearly 20 intelligent rehabilitation robot products, with 6 receiving Class II medical device registration, and plans to complete certification for the remaining products within the year [5][9]. - The company has established a comprehensive technology chain, including brain-computer interfaces, physiological and motion sensing sensors, AI algorithms, and embodied intelligent robots [5]. Financial Support and Growth - Lizi Intelligent received significant financial backing, including a multi-million yuan credit line from Minsheng Bank, reflecting confidence in its technology and market potential [3][7]. - The company has successfully navigated early challenges, including product market acceptance and funding crises, ultimately securing multiple rounds of financing in 2023 and 2024 [7][10]. Future Plans - The company aims to develop more cost-effective home rehabilitation robots, focusing on lightweight, compact, and intelligent designs to make rehabilitation accessible to a broader audience [10]. - Minsheng Bank is committed to supporting Lizi Intelligent's growth through a comprehensive financial service system tailored for technology-driven enterprises [10].

Group 1 - The People's Bank of China and the National Financial Regulatory Administration have conducted an assessment for the 2025 systemically important banks, identifying 21 domestic banks as systemically important, including 6 state-owned commercial banks, 10 joint-stock commercial banks, and 5 city commercial banks [1][3] - The list aims to establish a comprehensive macro-prudential management system and strengthen the regulation of systemically important financial institutions [2] Group 2 - Systemically important banks in China are categorized into five groups based on their importance scores, with the first group consisting of 11 banks, the second group having 4 banks, the third group with 2 banks, the fourth group containing 4 banks, and no banks in the fifth group [3] - The People's Bank of China plans to enhance the combined effect of macro-prudential management and micro-prudential regulation, continuing to solidify additional supervision for systemically important banks to promote their safe and sound operation and better serve the high-quality development of the real economy [3]