2025年11月20日下午，江苏银行在南京成功举办"苏银跨境·扬帆出海"助力中资企业出海系列之"走进上 海自贸区""走进中亚"专场活动。活动邀请江苏省商务厅、上海市浦东新区商务委员会、苏豪控股集 团、哈萨克斯坦贸易政策发展中心南京办事处等单位领导与行业专家，与百余名中资企业家代表共聚一 堂、共话出海。 上海自贸区是企业链接全球资源、拓展国际市场的重要枢纽，中亚地区是企业开拓新兴市场、深化经贸 合作的潜力蓝海。本次"走进上海自贸区""走进中亚"专场活动是江苏银行助力中资企业出海系列活动的 第二站，通过串联多方资源、聚合多维服务，旨在精准回应企业对接上海自贸区政策、开拓中亚市场的 核心诉求，护航企业稳健"走出去"。 江苏银行行长袁军在致辞中表示，江苏银行将以本次活动为新起点，在抢抓浦东自贸区政策机遇的道路 上，在开拓中亚蓝海的航程中，在服务"十五五"发展大局的进程中，与中资出海企业全程相伴，共同把 握时代机遇、书写合作共赢的新篇章。 活动现场，国泰海通证券首席宏观分析师梁中华先生以《决胜于"价"——2026年宏观年度展望》为题发 表主题演讲，为企业战略决策与全球布局打开宏观视野。上海市浦东新区商务委员会党组成员、 ...

Core Insights - The city commercial bank sector experienced a rise of 0.99% on November 25, with Nanjing Bank leading the gains [1] - The Shanghai Composite Index closed at 3870.02, up 0.87%, while the Shenzhen Component Index closed at 12777.31, up 1.53% [1] Stock Performance - Nanjing Bank (600T009) closed at 11.64, with a gain of 2.65% and a trading volume of 457,300 shares, amounting to a transaction value of 526 million [1] - Beijing Bank (601169) closed at 5.78, up 1.76%, with a trading volume of 2,510,400 shares [1] - Xiamen Bank (601187) closed at 7.03, up 1.59%, with a trading volume of 156,300 shares [1] - Hangzhou Bank (600926) closed at 15.49, up 1.37%, with a trading volume of 128,080 shares [1] - Guiyang Bank (601997) closed at 6.07, up 1.17%, with a trading volume of 335,800 shares [1] - Other notable performances include Changsha Bank (601577) at 69.6 (+1.04%), Suzhou Bank (002966) at 8.22 (+0.98%), and Qingdao Bank (002948) at 4.78 (+0.84%) [1] Capital Flow - The city commercial bank sector saw a net inflow of 366 million in main funds, while retail funds experienced a net outflow of 305 million [2] - The main funds' net inflow for Hangzhou Bank was 97.67 million, while retail funds saw a net outflow of 48.86 million [3] - Qilu Bank (601665) had a main fund net inflow of 67.32 million, with retail funds experiencing a net outflow of 50.62 million [3] - Jiangsu Bank (601009) reported a main fund net inflow of 38.10 million, while retail funds had a net outflow of 45.88 million [3]

上海自贸区是企业链接全球资源、拓展国际市场的重要枢纽，中亚地区是企业开拓新兴市场、深化经贸 合作的潜力蓝海。本次"走进上海自贸区""走进中亚"专场活动是江苏银行助力中资企业出海系列活动的 第二站，通过串联多方资源、聚合多维服务，旨在精准回应企业对接上海自贸区政策、开拓中亚市场的 核心诉求，护航企业稳健"走出去"。 江苏银行行长袁军在致辞中表示，江苏银行将以本次活动为新起点，在抢抓浦东自贸区政策机遇的道路 上，在开拓中亚蓝海的航程中，在服务"十五五"发展大局的进程中，与中资出海企业全程相伴，共同把 握时代机遇、书写合作共赢的新篇章。 2025年11月20日下午，江苏银行在南京成功举办"苏银跨境·扬帆出海"助力中资企业出海系列之"走进上 海自贸区""走进中亚"专场活动。活动邀请江苏省商务厅、上海浦东新区商务委员会、苏豪控股集团、 哈萨克斯坦贸易政策发展中心南京办事处等单位领导与行业专家，与百余名中资企业家代表共聚一堂、 共话出海。 活动特邀苏豪控股集团党委委员、副总裁丁海先生发表主旨演讲，深入介绍中国-中亚贸易畅通合作平 台，为企业对接中亚市场提供一站式、全方位支持。哈萨克斯坦贸易与一体化部贸易政策发展中心南京 ...

Core Viewpoint - The six A-share listed city commercial banks in the Yangtze River Delta region are demonstrating resilient growth, achieving increases in both revenue and net profit despite the pressure of narrowing interest margins [1][2]. Revenue and Profit Growth - All six city commercial banks reported year-on-year growth in both revenue and net profit for the first three quarters, with five banks achieving profits exceeding 10 billion yuan, except for Suzhou Bank, which is relatively smaller [2]. - Jiangsu Bank led with a revenue of 67.183 billion yuan and a net profit of 30.583 billion yuan, ranking first among A-share city commercial banks [2]. Interest Income Performance - Despite the overall pressure on interest margins, all six banks achieved year-on-year growth in net interest income, with Nanjing Bank and Jiangsu Bank showing significant increases of 28.52% and 19.61%, respectively [3]. - Nanjing Bank attributed its growth in net interest income to increased credit investment and optimized asset allocation strategies, alongside a reduction in deposit costs [3]. Asset Expansion - The six banks are steadily expanding their asset scales, with Jiangsu Bank holding the largest total assets of 4.93 trillion yuan, marking a 24.68% increase from the beginning of the year, the fastest growth among A-share listed banks [6]. - All banks exhibited strong growth in both deposits and loans, with Jiangsu Bank's total deposits reaching 2.54 trillion yuan, a 20.22% increase, and total loans growing by 17.87% to 2.47 trillion yuan [6]. Corporate Lending Growth - Corporate lending has become the main driver of credit expansion for these banks, with significant growth in loans for technology finance, inclusive finance, and green finance [9]. - For instance, Nanjing Bank's corporate loans increased by 14.63%, with notable growth in green finance (33.03%), technology finance (17.47%), and inclusive finance (16.16%) [9]. Asset Quality - The asset quality of the six banks remains stable, with non-performing loan (NPL) ratios either holding steady or declining. Jiangsu Bank's NPL ratio decreased by 0.05 percentage points to 0.84% [10]. - Nanjing Bank's NPL ratio remained stable at 0.83%, reflecting effective risk management and asset disposal strategies [10]. Capital Adequacy - Shanghai Bank reported a high core Tier 1 capital adequacy ratio of 10.52%, up 0.17 percentage points from the beginning of the year, supported by improved profitability and capital management [11]. - Both Hangzhou Bank and Nanjing Bank completed convertible bond conversions, with their core Tier 1 capital ratios rising to 9.64% and 9.54%, respectively [11]. Dividend Distribution - Several banks, including Shanghai Bank and Suzhou Bank, have completed mid-term dividend distributions, with Jiangsu Bank and Ningbo Bank also advancing their mid-term dividend plans [12]. - Hangzhou Bank has consistently increased its cash dividend ratio, with a projected mid-term dividend of 2.755 billion yuan for 2025, reflecting a commitment to enhancing shareholder returns [13].

Core Insights - The Shanghai Bill Exchange has launched a comprehensive service platform aimed at creating a "one-stop" service system for bill transactions, enhancing efficiency and accessibility for enterprises seeking financing [1][2][3] Group 1: Platform Launch and Initial Impact - On the launch day, 21 financial institutions, including major banks, connected to the platform, facilitating immediate transactions [2] - The platform processed its first bill discounting transaction on the same day, demonstrating its potential to improve financing services for small and medium-sized enterprises [2] - By 4 PM on the launch day, the platform had registered 2,201 users, with 4,581 visits and 13 discount quotes initiated by financial institutions, totaling 211.10 billion yuan in transaction intent [2] Group 2: Features and Benefits of the Platform - The platform integrates key functions such as bill account inquiries, discount inquiries, transaction matching, and information disclosure, addressing traditional market inefficiencies [3][4] - It allows enterprises to view real-time discount rates and inquire with multiple financial institutions online, thus broadening financing channels and reducing transaction costs [3][4] - The platform also supports the development of innovative financial products by providing interfaces for new models, which could accelerate their adoption [4] Group 3: Implications for Banks and Intermediaries - Banks are required to upgrade their systems to integrate with the platform, enhancing their service offerings to include online discounting and automated risk control [5][6] - The platform's transparency may compress profit margins for banks in the bill discounting business, necessitating a reevaluation of pricing strategies [6] - For bill intermediaries, the platform poses a structural challenge as it diminishes their traditional advantage of information asymmetry, compelling them to offer value-added services to retain clients [5][6]

登录新浪财经APP 搜索【信披】查看更多考评等级 重要提示 1、华泰柏瑞中证科创创业人工智能交易型开放式指数证券投资基金（以下简称"本基金"）的募集已根 据中国证监会2025年11月21日《关于准予华泰柏瑞中证科创创业人工智能交易型开放式指数证券投资基 金注册的批复》（证监许可[2025]2579号）注册。 2、本基金是交易型开放式、股票型指数证券投资基金。 基金简称：科创创业人工智能ETF华泰柏瑞 基金代码：159139 3、本基金的基金管理人为华泰柏瑞基金管理有限公司（以下简称"本公司"），基金托管人为江苏银行 股份有限公司，本基金的基金登记机构为中国证券登记结算有限责任公司。 4、本基金的募集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。 5、本基金于2025年11月28日至2025年12月5日公开发售。本基金的投资人可选择网上现金认购、网下现 金认购2 种方式。其中，网下现金发售的日期为2025年11月28日至2025年12月5日，网上现金发售的日 期为2025年11月28日至2025年12月5日。本基金 ...

Core Viewpoint - Jiangsu Bank's Shenzhen branch emphasizes high-quality party building as a "red engine" for development, focusing on creating an ecological circle externally and tackling cross-border finance internally, achieving significant results in quality development [1][6]. Group 1: Party Building and Community Engagement - The branch's party committee promotes a collaborative approach to party building, creating a broad "red ecological circle" that includes government, enterprises, and educational institutions [2]. - Community service initiatives include visiting elderly residents and providing financial education, demonstrating the bank's commitment to being a "good neighbor" in the community [2]. - The branch collaborates with educational institutions to enhance trust and service in the education sector, including launching teacher salary payment services [2]. Group 2: Regional Development and Collaboration - The branch actively integrates into regional development by organizing learning sessions on the spirit of the 20th National Congress for Jiangsu enterprises in Shenzhen, providing financial support for their growth [3]. - Collaborative efforts with local investment groups and educational institutions aim to foster innovation and project development, enhancing the bank's role in local economic growth [3]. Group 3: Cross-Border Financial Services - The branch has established a strong team capable of tackling complex financial challenges, particularly in cross-border finance, showcasing professionalism and commitment [4]. - Jiangsu Bank successfully executed its first cross-border merger and acquisition syndicate loan for HKD 224 million, completing the approval process in just one month, which highlights its efficiency in the Guangdong market [4]. - The branch supported a state-owned enterprise's overseas financing needs by quickly approving a comprehensive credit limit of CNY 2 billion, demonstrating its capability in providing efficient cross-border financial services [5]. Group 4: Performance and Achievements - By the end of 2024, the branch achieved nearly CNY 12 billion in cross-border RMB settlements, reflecting its operational capabilities and commitment to supporting international trade and investment [5]. - The bank's high-quality party building is seen as a powerful enabler for business development, integrating party work with operational strategies to ensure sustained growth [6].

Core Insights - The article emphasizes the abundance of bank wealth management products with similar names and vague characteristics, urging investors to carefully select and differentiate among them [1] - The focus is on pure fixed-income products issued by wealth management companies, providing a performance ranking of these products based on their annualized returns over the past month, three months, and six months [1] Summary by Category Product Performance - The ranking showcases products with outstanding performance, sorted by annualized returns over the past three months to reflect their multidimensional yield performance amid recent market fluctuations [1] - Specific products highlighted include those from Huaxia Bank, which achieved annualized returns of 9.89% over 1 month and 10.92% over 3 months for a 180-day holding period [7] - Other notable products include those from China Bank and China Construction Bank, with varying annualized returns across different holding periods [5][8] Distribution Channels - The article lists 28 distribution institutions, including major banks such as Industrial and Commercial Bank of China, Bank of China, and Agricultural Bank of China, among others [2] - It notes that the availability of products may vary due to factors like sold-out quotas or differences in product listings for different customers, advising investors to refer to the actual displays on bank apps [2] Data Source - The performance data is sourced from the Nanfang Financial Terminal and Nanfang Wealth Management, with statistics as of November 20 [5][12]

Core Viewpoint - The "Suyin Shanyuan Charity Phase 1" project represents an innovative model of "finance + charity," aiming to provide support for families of children with leukemia while fulfilling the social responsibility of financial enterprises [1][2]. Group 1: Project Overview - The project integrates investment and charity, allowing investors to voluntarily donate the portion of returns exceeding the benchmark to the Nanjing Charity Federation [1]. - Funds raised will specifically support the follow-up treatment of impoverished families with leukemia children at Nanjing Children's Hospital [1][2]. Group 2: Financial Support Structure - The project offers monthly financial assistance of 300 yuan for children in maintenance therapy and 600 yuan for those with severe complications [1]. - It targets five key groups, including low-income families and those facing significant financial difficulties [1]. Group 3: Fund Management and Transparency - The Nanjing Charity Federation will regularly disclose fund usage details, allowing donors to track project progress and fund allocation through the "Charity China" platform [2]. - Donors can also benefit from tax deductions on their contributions, encouraging broader participation in charitable activities [2]. Group 4: Company Commitment and Future Plans - Suyin Wealth Management, as a subsidiary of Jiangsu Bank, aims to deepen the "finance + charity" model and develop more public welfare financial products [3][4]. - The company plans to enhance collaboration with hospitals and charitable organizations to optimize fund management and ensure effective delivery of aid [4].

Investment Rating - The report assigns an "Accumulate" rating for the banking sector [5]. Core Insights - Since the beginning of the year, many banks' shareholders and executives have actively increased their holdings, ranking first among 31 industries in terms of the amount of increase. Notable banks with significant increases include Nanjing Bank, Suzhou Bank, Everbright Bank, Shanghai Pudong Development Bank, and Chengdu Bank [2][5]. - The net amount of shareholding changes in the banking sector is approximately 9.03 billion, with an increase of about 12.63 billion, ranking second only to the transportation industry. The decrease amounts to about 3.60 billion [5]. - More than half of the banks have disclosed plans for major shareholders or executives to increase their holdings, with the top three banks in terms of increased amounts being Nanjing Bank (7.38 billion), Suzhou Bank (1.74 billion), and Everbright Bank (1.24 billion) [5]. Summary by Sections Related Reports - The report references several related reports on banking, including topics such as mid-term dividend acceleration and credit issuance tracking [4]. Industry and Company Dynamics Tracking Major News - The People's Bank of China announced the LPR rates for one year and five years remain unchanged at 3.0% and 3.5%, respectively [11]. - Recent surveys indicate that operating loan rates have dropped significantly, with some banks offering rates below 2.5% [11]. Major Announcements - Wuxi Bank plans to implement a mid-term dividend of 0.11 yuan per share, totaling 241 million [12]. - Nanjing Bank's major shareholder, France's BNP Paribas, increased its holdings by 128 million shares, representing 1.04% of the total share capital [12]. Weekly Data Tracking - During the period from November 17 to November 21, the banking sector experienced a decline of 0.87%, outperforming the CSI 300 index by 2.90 percentage points [5][14]. - The average interest rate for the six-month national large banks and joint-stock banks increased by 7 basis points to 0.68% [5].