Core Viewpoint - China Minsheng Bank was awarded the "People's Artisan Brand" title at the "2025 People's Finance Forum" for its continuous innovation in financial services, stable operations, and social responsibility [1][3]. Group 1: Company Overview - China Minsheng Bank, established in January 1996, is the first national joint-stock commercial bank primarily initiated by private enterprises in China [3]. - The bank has total assets exceeding 7.7 trillion yuan and net assets over 680 billion yuan, with more than 2,400 branches and over 62,000 employees [3]. - It holds various financial licenses, including commercial banking, financial leasing, fund management, overseas investment banking, and bank wealth management [3]. Group 2: Strategic Focus - The bank focuses on being a bank for private enterprises, an agile and open bank, and a bank dedicated to customer service [3]. - It has developed distinct characteristics and competitive advantages in serving private enterprises, small and micro enterprises, community finance, and digital finance [3]. Group 3: Social Responsibility and Recognition - China Minsheng Bank has actively supported rural revitalization for 23 consecutive years, achieving the highest rating of "Good" in central targeted assistance assessments [4]. - The bank has engaged in cultural philanthropy for 18 years, operating six public art institutions and supporting national strategies and public services [4]. - It has received the MSCI ESG rating of "AAA" for two consecutive years from 2024 to 2025, which is the highest global rating [4]. - The recognition as a "People's Artisan Brand" is seen as both an honor and a responsibility, prompting the bank to continue building its brand with dedication and to contribute to sustainable economic and social development [4].

Group 1 - The banking sector experienced a slight decline of 0.01% on December 31, with Ping An Bank leading the drop [1] - The Shanghai Composite Index closed at 3968.84, up 0.09%, while the Shenzhen Component Index closed at 13525.02, down 0.58% [1] - Major banks such as CITIC Bank and Shanghai Pudong Development Bank saw positive price movements, with CITIC Bank increasing by 1.05% to 7.70 and Shanghai Pudong Development Bank rising by 0.40% to 12.44 [1] Group 2 - The net inflow of main funds in the banking sector was 177 million yuan, while retail funds saw a net inflow of 25.68 million yuan [1] - Retail investors showed a mixed response, with significant outflows from major banks like Ping An Bank and Minsheng Bank, while some smaller banks attracted retail inflows [2] - The data indicates that institutional investors favored certain banks, as seen in the net inflow percentages for banks like CITIC Bank and Shanghai Pudong Development Bank [2]

Core Viewpoint - The personal operating loan interest rates have generally entered the "2" range, with some banks offering rates as low as 2.3%, driven by competition and a strategy of attracting customers through lower prices [1][4]. Group 1: Current Loan Rates - Many banks are now offering personal operating loan rates below 2.5%, with slight variations based on region and product type [1][2]. - For instance, the lowest rate for personal mortgage operating loans at one bank is 2.35%, with a loan term of 3 years and a credit limit of up to 30 million yuan [1]. - Another bank reports that the minimum rate for collateralized personal operating loans is 2.5%, while credit-based products start at 2.55% [2]. Group 2: Loan Approval Criteria - Borrowers must meet strict criteria, including having a local household registration and a minimum duration of social security payments [3]. - The collateral property must be within the local jurisdiction, not older than 35 years, and the borrower must have owned it for at least 3 months [3]. - Additionally, the borrowing entity must be a small or micro enterprise with a good credit record and normal operating cash flow [3]. Group 3: Market Dynamics and Risks - The current low interest rates are a result of multiple factors, including policy guidance, industry competition, and reduced funding costs for banks [4][5]. - While lower rates can stimulate demand and reduce interest expenses for borrowers, there are concerns about potential risks, such as narrowing interest margins and the possibility of unhealthy competition [4][5]. - Experts warn that aggressive pricing strategies could lead to a decline in banks' profitability and their ability to support the real economy effectively [4][5]. Group 4: Strategic Responses from Banks - Different banks have varying perspectives on the sustainability of low-interest operating loans, with some viewing it as a necessary strategy to gain market share despite thin margins [5][6]. - Larger banks may benefit from cross-selling additional services to clients attracted by low rates, while smaller banks face challenges in maintaining competitiveness without engaging in price wars [6][7]. - There is a call for financial institutions to adopt differentiated strategies and focus on enhancing product quality and service rather than solely competing on price [6][7].

Regulatory - The China Internet Finance Association held a seminar on the self-regulatory management mechanism for internet lending, with 16 participating institutions discussing the development history and current status of lending services [2] - The association emphasized the importance of self-regulation in guiding the healthy development of the internet lending industry during this critical period [2] Banking - Everbright Bank's Longyan branch was fined 1.15 million yuan due to inadequate pre-loan investigations and post-loan management for personal business loans and housing mortgage loans [3] - Minsheng Bank announced the appointment of Huang Hongri as the Chief Compliance Officer, pending approval from the financial regulatory authority [4] Large Companies - Tencent's financial subsidiary, Shenzhen Qianhai Financial Technology Co., received approval to register 10 billion yuan in Asset-Backed Notes (ABN), with a total issuance of nearly 40 billion yuan across two products [5] - The People's Bank of China announced the cancellation of the payment license for Zhonggang Yintong Information Technology Service Co., which previously held licenses for internet payment and prepaid card issuance [6] - The qualification of Zhou Zhi as the chairman of Shengyin Consumer Finance Co. was approved by the Liaoning Financial Regulatory Bureau [6]

12月26日，大家保险集团官网更新高管简历信息，半年前即深陷"失联"传闻的总经理助理兼董事会秘书 赵鹏，其相关信息已不可见。当日，大家保险工作人员向南都·湾财社记者确认，"赵鹏已不再担任集团 任何职务"，但对于具体离职时间及原因，该工作人员表示尚未收到相关通知。 几乎在同一时间，民生银行发布公告称，赵鹏因个人原因，申请辞去该行第九届董事会董事，以及董事 会风险管理委员会委员、董事会提名委员会委员等职务。 据民生银行称，赵鹏的辞职自2025年12月26日起生效。据披露，赵鹏原定的任期到期日为2027年6月26 日。赵鹏原为大家保险集团总经理助理兼董事会秘书，也是大家保险作为股东派驻到民生银行的董事。 大家保险目前是民生银行的第一大股东，持有该行73亿股，在流通股中占比16.79%。 五年董事薪酬超三百万 据多家媒体报道，赵鹏于2025年6月"失联"，此后一直处于"被调查"状态。报道援引业内人士消息称， 赵鹏及相关人士此前因银行存款业务遭到市场机构举报，举报内容直指其与大家资管负责固收业务的相 关人士存在"吃拿卡要、收回扣"等行为。 此外，民生银行披露的薪酬信息，也让赵鹏的"双重薪酬"安排引发业内关注。公开信息显 ...

Core Viewpoint - Minsheng Bank's chairman, Gao Yingxin, has seen a significant decrease in his total compensation for 2024, reflecting the bank's declining performance in key financial metrics [2][3]. Group 1: Executive Compensation - Gao Yingxin's total compensation for 2024 is reported to be 4.9676 million yuan, which includes a base salary of 3.3463 million yuan and an additional 1.6213 million yuan disclosed later [2][8]. - Compared to 2023, Gao's total compensation has decreased by 909,700 yuan, with a reduction in base salary by 388,900 yuan and a decrease in the additional portion by 520,800 yuan [2][8]. - Despite the reduction, Gao remains the highest-paid chairman among joint-stock banks, which has sparked controversy given Minsheng Bank's relatively lower scale and performance [3][9]. Group 2: Bank Performance - Minsheng Bank's financial performance for 2024 shows a decline, with operating income down by 3.21% and net profit attributable to shareholders down by 9.85% [2][8]. - Other key business indicators have also decreased, including net interest income down by 3.70% and net commission income down by 5.20%, alongside a drop in the provision coverage ratio by 7.75 percentage points [2][8]. Group 3: Leadership Context - Gao Yingxin, born in July 1962, is currently over 63 years old, which raises questions about his tenure as chairman, especially considering the previous chairman also stepped down at the same age [10]. - There is uncertainty regarding whether Minsheng Bank will undergo a leadership change by 2026, as Gao's future in the role remains unclear [11].

来源：险联社 "大家保险赵鹏因为个人原因退出 民生银行 董事会，原定的任期到期日为2027年6月26日。 同一天，大家保险集团官网信息更新，赵鹏履职痕迹被正式抹去。" 12月26日，民生银行发布公告称，赵鹏申请辞去第九届董事会董事及董事会风险管理委员会委员、董事 会提名委员会委员等职务，辞职自当日起生效。 赵鹏辞职原因是"个人原因"。 赵鹏原定的任期到期日为2027年6月26日。 | 姓名 | 辞任职务 | 辞任时间 | 原定任期 | 辞任原因 | 是否继续在上 市公司及其控 | 是否存在未 履行完毕的 | | --- | --- | --- | --- | --- | --- | --- | | | | | 到期日 | | | | | | | | | | 股子公司任职 | 公开承诺 | | 赵鹏 | 非执行董事 | 2025年12 2027年6 月 26日 | 月 26日 | 个人原因 | 否 | 否 | 民生银行董事会同时提名张震接替赵鹏为非执行董事候选人，张震的董事任职资格尚需国家金融监督管 理总局核准，自董事任职资格核准之日起正式就任。 张震1981年出生，现任大家资产管理有限责任公司副总经理（主持工 ...

Core Viewpoint - Ping An Life increased its stake in Agricultural Bank of China (ABC) by acquiring 44.05 million H-shares, raising its total holdings to 5.842 billion shares, which now represents over 19% of ABC's total H-shares [1] Group 1: Market Conditions - The banking sector's "high dividend, low valuation" characteristic has re-emerged, with average dividend yields for A-shares and H-shares at 4.3% and 5% respectively as of December 19 [1] - The People's Bank of China is expected to maintain a moderately loose monetary policy, with potential for interest rate cuts and reserve requirement ratio reductions in 2026 [1][2] Group 2: Investment Outlook - Long-term demand for capital allocation in the banking sector is anticipated to continue, driven by the "high dividend, low valuation" logic [2] - The recent appreciation of the RMB is favorable for the performance of RMB-denominated equity assets, with expectations for stable macro-financial conditions leading to improved bank operating environments [2] Group 3: Banking Sector Overview - The Hong Kong-listed banks include Agricultural Bank of China, China Merchants Bank, Industrial and Commercial Bank of China, China Construction Bank, Minsheng Bank, Postal Savings Bank of China, and Citic Bank [3]

【文/羽扇观金工作室】 安邦保险多年前已轰然坍塌，但是余波到现在似乎都没止息。 近日，又一位原安邦接管组成员、工作组综合组组长赵鹏被民生银行及安邦保险重整后的受让企业大家保险除名。 12月26日，中国民生银行股份有限公司（下文简称为"民生银行"）发布公告称，董事赵鹏因个人原因申请辞去该行董事及董事会风险管理委员会委员、董事 会提名委员会委员等职务，辞职自2025年12月26日起生效。辞职后，赵鹏不在公司及控股子公司工作。 2019年，安邦重组为大家保险后，他未回归监管体系，而是选择留在大家保险，担任总经理助理兼董事会秘书，分管公司投资业务。此外，赵鹏还曾任北京 同仁堂股份有限公司董事、金融街控股股份有限公司副董事长、远洋集团控股有限公司董事。 几乎同一时间，大家保险集团官网信息更新，其中原本担任总经理助理兼董事会秘书的赵鹏，其相关信息已不可见。 赵鹏曾任职银保监，作为安邦接管组成员转任大家保险高管，双重薪酬引关注 大家保险目前是民生银行的境内法人第一大股东，持有该行73亿股，在流通股中占比16.79%，而赵鹏是大家保险集团派驻民生银行的董事。 | 四八五日 中国民生银行股份有限公司 | | | --- | - ...

12月29日，香港金管局公布，自人民币业务资金安排第二阶段起，参与银行名单已扩大至40家，分配给 参与银行的总额度由前阶段的500亿元人民币增加至1,000亿元人民币。如香港金管局于9月26日所公 布，人民币业务资金安排由第二阶段起，进一步扩大所涵盖的合资格人民币资金用途范围至人民币资本 支出，及营运资金定期贷款。对此优化安排，银行业界反应正面。 中國農業銀行股份有限公司 澳新銀行集團有限公司 盤谷銀行(大眾有限公司) 中國銀行(香港)有限公司 中國銀行股份有限公司 交通銀行(香港)有限公司 交通銀行股份有限公司 東亞銀行有限公司 永豐商業銀行股份有限公司 法國巴黎銀行 中信銀行(國際)有限公司 中國建設銀行(亞洲)股份有限公司 中國建設銀行股份有限公司 中國光大銀行股份有限公司 招商銀行股份有限公司 中國民生銀行股份有限公司 集友銀行有限公司 創興銀行有限公司 招商永隆銀行有限公司 大新銀行有限公司 星展銀行(香港)有限公司 星展銀行有限公司 德意志銀行 第一阿布扎比銀行 富邦銀行(香港)有限公司 恒生銀行有限公司 香港上海滙豐銀行有限公司 中國工商銀行(亞洲)有限公司 中國工商銀行股份有限公司 興業銀行股 ...