投资界消息，近期，江宁区国企母基金参与投资的南京空地数智一期产业投资基金完成中基协备案，正 式启动投资。 来源：南京江宁人才集团 | 墓金名称: | 南京空地数智一期产业投资基金合伙企业(有限合伙) | | --- | --- | | 基金编号: | SBAV51 | | 成立时间: | 2025-08-20 -075 | | 备案时间: | 2025-08-27 - | | 基金备案阶段: | 暂行办法实施后成立的基金 | | 基金类型: | 股权投资基金 | | 注册地: | 江苏省南京市江宁区 个 | | 而种: | 人民币现钞 | | 基金管理人名称: | 南京交控私募基金管理有限公司 | | 管理类型: | -072 受托管理 | | 托管人名称: | 南京银行股份有限公司 | | 运作状态: | 正在运作 | | 墓金信息最后更新时间: | 2025-08-27 | 据悉，基金已成功牵引南京蔚知飞联无人机科技有限公司落地人才创新港，该公司聚焦文旅、应急、消 防等领域无人机自动巡检及采集信息的自动化实时处理需求，致力于建设集无人机巡检远程控制平台和 信息及时识别处理运算于一体的综合性产业高地。 该基 ...

2025.09. 04 本文字数：1660，阅读时长大约3分钟 作者 | 第一财经 周斌 A股上市公司中报披露收官后，外资机构二季度末持仓动向也随之浮现。 Wind数据显示，截至今年二季度末， QFII（合格境外机构投资者）合计重仓1145家A股公司，持股市值超1400亿元。 从持仓市值来看，进入QFII持仓市值前十的个股分别是宁波银行、南京银行、生益科技、上海银行、紫金矿业、西安银行、京东方A、豪威集团 （603501.SH）、九号公司-WD（689009.SH）、东方雨虹。 其中，持仓市值最高的宁波银行为361.63亿元。其次是南京银行，为231.94亿元。生益科技为95.5亿元。另外，京东方A的持仓市值较上期减少 5482.93万元至14.68亿元。 从持仓动向来看，今年二季度QFII新进个股813只，增持个股173只，减持126只个股，还有33只个股的持股数量保持不变。 从重仓股的行业分布来看，二季度QFII对机械、硬件设备、化工、电气设备等板块的调仓动作明显，银行、纺织服装、有色金属等获得增持数量较 多，同时新进了工业贸易与综合、电信服务板块，而煤炭、建材等板块则整体遭到不同程度减持。 QFII新进 ...

Investment Rating - The report indicates a positive outlook for the banking industry, with overall revenue and net profit growth rates turning positive in the first half of 2025, at 1.0% and 0.8% respectively, showing improvements from the previous quarter [4]. Core Insights - The banking sector's net interest margin for the first half of 2025 is reported at 1.42%, a decrease of 10 basis points compared to the previous year, but the decline is narrowing due to improved cost management on the liability side [5]. - Non-interest income, particularly from fees and commissions, has increased by 3.1% year-on-year, driven by a recovery in wealth management and a more active market environment [5]. - The asset quality remains stable, with a non-performing loan ratio of 1.23% and a provision coverage ratio of 239%, indicating a solid credit environment [5]. Summary by Sections Financial Performance Overview - The overall revenue and net profit growth for listed banks in the first half of 2025 were 1.0% and 0.8%, respectively, with both metrics showing improvement from the first quarter [4][22]. - The total assets of listed banks reached 321.3 trillion yuan, growing by 6.35% year-to-date, with loans and advances totaling 179.4 trillion yuan, accounting for 55.84% of total assets [21][24]. Income Sources - Net interest income decreased by 1.3% year-on-year, but the decline rate has slowed, reflecting better management of funding costs [5]. - Fee and commission income grew by 3.1% year-on-year, benefiting from a recovering market and the gradual impact of regulatory changes [5]. - Other non-interest income saw a significant increase of 10.7%, primarily due to favorable market conditions in the bond market [5]. Asset Quality and Management - The non-performing loan ratio remained stable at 1.23%, with a provision coverage ratio of 239%, indicating a robust asset quality [5]. - The credit cost for the first half of 2025 was 0.81%, a decrease of 5 basis points year-on-year, suggesting manageable credit risks [5]. Loan Growth and Composition - Loan growth was primarily driven by corporate lending, with significant contributions from infrastructure and manufacturing sectors [20]. - Personal loan growth was weaker, with a year-on-year increase of only 3.6%, reflecting a cautious approach to consumer lending amid rising risks [20]. Investment and Market Conditions - The investment asset proportion decreased to 34% as banks adjusted their strategies in response to market volatility [20]. - The overall yield on bonds fluctuated significantly, prompting banks to engage in tactical trading to enhance returns [20].

本报记者 韩昱 进出口银行微信公众号9月1日发布消息显示，近日，进出口银行作为主承销商，成功协助新开发银行发行熊猫债券，发行 金额70亿元。据悉，新开发银行是首个完全由新兴经济体和发展中国家发起成立的多边开发银行，同时也是目前熊猫债发行体 量最大的国际开发机构。 近年来，熊猫债发行主体不断丰富，涵盖国际开发机构、外国政府、境外金融机构及非金融企业四类，发行人数量亦稳步 增加。 郭一鸣也认为，从经济层面看，中国经济的稳健增长为债券市场提供了坚实支撑，同时也给予发行人稳定的预期。 中国银行间市场交易商协会在7月末公布的最新数据显示，今年以来，银行间市场熊猫债发行规模已达1112亿元，其中， 外国政府类机构、国际开发机构和跨国企业熊猫债发行活跃，发行金额占比达到50%，较2024年全年上升27个百分点。银行间 市场熊猫债发行人区域已覆盖亚洲、欧洲、非洲、北美洲、南美洲等五大洲。 "从熊猫债市场角度看，外国政府类机构、国际开发机构和跨国企业发行表现活跃，意味着中国债券市场在全球金融体系 中的地位正稳步提升。"陕西巨丰投资资讯有限责任公司投资顾问总监郭一鸣向《证券日报》记者表示，这表明国际市场对人 民币资产的信心增强， ...

Core Insights - The competitive landscape of retail banking in A-shares is becoming clearer as the 2025 mid-year reports are disclosed, revealing a distinct tiered structure in retail AUM (Assets Under Management) [1][2] - The first tier consists of major state-owned banks and China Merchants Bank, all exceeding 16 trillion yuan in retail AUM, while the second tier includes joint-stock banks and some leading city commercial banks [1][2] - The retail business performance is mixed, with many banks facing pressure on retail revenue and net profit, highlighting a structural issue of profit growth without revenue increase [1][6] Tiered Structure of Retail AUM - The first tier banks, including Industrial and Commercial Bank of China (ICBC) and Agricultural Bank of China (ABC), lead with AUM exceeding 16 trillion yuan, with ICBC at over 24 trillion yuan and ABC at 23.68 trillion yuan [2][3] - China Construction Bank (CCB) and Postal Savings Bank of China also show strong performance, with CCB managing over 22 trillion yuan and Postal Savings Bank at 17.67 trillion yuan [2] - China Merchants Bank, known as the "king of retail," has a retail AUM of 16.03 trillion yuan, reflecting a 7.39% increase from the previous year [2] Second Tier Performance - The second tier banks have retail AUM ranging from 1 trillion to 6 trillion yuan, with notable growth from banks like Bank of Communications at 5.79 trillion yuan and Industrial Bank at 5.52 trillion yuan [3] - Joint-stock banks are active in this tier, with CITIC Bank and Shanghai Pudong Development Bank also showing significant growth in retail AUM [3] Third Tier Characteristics - The third tier banks have retail AUM mostly below 1 trillion yuan, with Nanjing Bank and Shanghai Rural Commercial Bank showing notable growth rates of 14.25% and 3.99% respectively [4] - Regional banks are leveraging local advantages to deepen market penetration, but face challenges in competing with larger banks [5] Retail Profitability Challenges - The retail banking sector is undergoing significant adjustments, with a shift in customer demand towards diversified financial solutions, which raises the bar for product innovation and service customization [6] - Leading banks like ICBC and China Merchants Bank are showing resilience, with ICBC's net profit rising by 46.05% despite a slight revenue decline [6][7] - However, some banks, including ABC and Ping An Bank, are experiencing declines in both revenue and net profit, indicating a challenging environment [7] Asset Quality Concerns - The retail banking sector is facing challenges in asset quality, particularly in personal loans, with rising non-performing loan (NPL) ratios reported by several banks [9][10] - For instance, China Merchants Bank's retail loan NPL ratio increased to 1.04%, while Chongqing Rural Commercial Bank's rose to 2.04% [9] - Some banks, like Ping An Bank and Industrial Bank, have managed to improve their asset quality through refined risk management practices [10] Strategic Recommendations - Analysts suggest that banks, especially smaller ones, should focus on enhancing their support for small and micro enterprises and optimizing financial resource allocation to uncover new growth points [8] - There is a call for banks to improve their digital capabilities and customer experience to better compete with larger institutions [8]

从外资机构的重仓股数量来看，排名前五的重仓股数量均超过百只，分别是巴克莱银行有限公司重仓629只，瑞士联合银行集团重仓373只，摩根士丹利国际 股份有限公司重仓280只，摩根大通证券有限公司重仓161只，高盛国际（Goldman Sachs International）重仓117只。 A股上市公司中报披露收官后，外资机构二季度末持仓动向也随之浮现。 Wind数据显示，截至今年二季度末， QFII（合格境外机构投资者）合计重仓1145家A股公司，持股市值超1400亿元。 从持仓动向来看，今年二季度QFII新进个股813只，增持个股173只，减持126只个股，还有33只个股的持股数量保持不变。 从重仓股的行业分布来看，二季度QFII对机械、硬件设备、化工、电气设备等板块的调仓动作明显，银行、纺织服装、有色金属等获得增持数量较多，同时 新进了工业贸易与综合、电信服务板块，而煤炭、建材等板块则整体遭到不同程度减持。 QFII新进重仓股超800只 据Wind数据统计，截至今年二季度末，40余家QFII现身1145家A股上市公司前十大流通股东名单中，合计持股数量超过100万股，持仓市值约为1435亿元。 此外，二季度包括 ...

【大河财立方 记者 孙凯杰】近日，银行系公募鑫元基金的一纸公告，引发了市场的高度关注。公告显 示，原副总经理王辉将离任，转任高级专员岗。 | 基金管理人名称 | 鑫元基金管理有限公司 | | --- | --- | | 公告依据 | 《证券基金经营机构董事、监事、高级管理人员及从 | | | 业人员监督管理办法》、《公开募集证券投资基金信息 | | | 披露管理办法》等有关法规 | | 高管变更类型 | 离任基金管理公司副总经理 | 9月3日，大河财立方记者从知情人士处获悉，王辉本次转任，主要是因为他已临近退休，先从高管职位 上退下来。 鑫元基金由南京银行股份有限公司发起，与南京高科股份有限公司联合组建，南京银行股份有限公司持 股80%，南京高科股份有限公司持股20%，目前共有89只公募基金产品，合计管理规模为2135.58亿元， 在全市场排名36位。 南京银行2025年中报显示，鑫元基金2025年上半年营收为3.56亿元，同比增长17.47%；净利润为1.07亿 元，同比增长18.99%。两项数据在全市场公募基金中均进入了前25位。 一直以来，银行系公募基金天生具有渠道优势，但客群风险偏好普遍更低，与之对应 ...

| 代码 | 名称 | 收盘价 | 涨跌幅 | 成交量(手) | 成交额(元) | | | --- | --- | --- | --- | --- | --- | --- | | 002948 | 青岛银行 | 5.21 | 2.76% | 121.39万 | | 6.46 亿 | | 601009 | 南京银行 | 11.07 | -0.09% | 47.49万 | | 5.23亿 | | 601229 | 上海银行 | 9.54 | -1.04% | 70.57万 | | 6.75亿 | | 601665 | 齐鲁银行 | 5.69 | -1.04% | 75.23万 | | 4.30亿 | | 601169 | 北京银行 | 6.09 | -1.14% | 148.96万 | | 9.11亿 | | 616009 | 江苏银行 | 10.75 | -1.29% | 108.57万 | | 11.70亿 | | 601838 | 成都银行 | 18.27 | -1.40% | 25.57万 | | 4.67亿 | | 600928 | 西安银行 | 4.14 | -1.66% | 61.32万 | | 2 ...

9月2日晚间，青岛银行公告称，股东国信产融控股计划通过二级市场交易增持公司股份，增持 后其及其一致行动人合计持股比例将达到19.00%至19.99%之间，增持数量不少于2.33亿股且 不超过2.91亿股，实施期限为自公告披露之日起6个月内，并将在取得金融监管批复之日起6个 月内完成。增持计划基于对公司长期投资价值的认可及支持公司长期发展。至此今年已经有9 家银行披露了股东或者高管增持计划。 年内已有9家银行发布增持报告 无独有偶，8月4日晚间，南京银行发布公告称，该行持股5%以上股东南京高科股份有限公司 （以下简称南京高科）于2025年7月24日至8月4日期间，通过上海证券交易所集中竞价交易系 统增持该行股份750.77万股，占该行总股本的0.06%。 增持后，南京高科持股比例由8.94%增加至9.00%，触及1%整数倍的权益变动刻度。这意味 着，在"南银转债"提前赎回导致持股稀释后，南京高科持股比例重回"9"字头。 对于本次增持，南京高科表示，此举是基于对南京银行未来发展信心和价值成长的认可，资金 来源为自有资金，且承诺在法定期限内不减持所持股份。 除了股东增持外，近期还有多家上市银行董监高也纷纷"现身"二 ...

21世纪经济报道 记者 叶麦穗 9月2日晚间，青岛银行公告称，股东国信产融控股计划通过二级市场交易增持公司股份，增持后其及其 一致行动人合计持股比例将达到19.00%至19.99%之间，增持数量不少于2.33亿股且不超过2.91亿股，实 施期限为自公告披露之日起6个月内，并将在取得金融监管批复之日起6个月内完成。增持计划基于对公 司长期投资价值的认可及支持公司长期发展。至此今年已经有9家银行披露了股东或者高管增持计划。 上海银行党委书记顾建忠本次增持数量最高，共计买入该行10万股。上海银行副董事长、行长施红敏买 入6.5万股，副行长胡德斌买入5万股，副行长俞敏华买入5.5万股。公告显示，本次增持的10名董监高人 员承诺将所购入的股票自买入之日起锁定两年。 除了上述两家银行外，今年以来，还有光大银行、江苏银行、兰州银行、厦门银行等多家A股上市银行 披露了董监高或重要股东增持计划。 7月9日，江苏银行发布了董高监等自愿增持该行股份计划实施完毕的相关公告。截至公告日，江苏银行 增持主体通过上交所增持该行股份2164.8万股，累计增持金额2427.82万元，占本次增持股份计划金额下 限的121.39%。 苏州银行也于 ...