银行股掀起密集增持热潮，9月14日，据北京商报记者统计，9月以来，包括光大银行、南京银行、华夏 银行、苏州银行在内的多家上市银行披露增持进展，增持主体覆盖大股东、核心管理层及业务骨干。此 番增持潮背后，是银行业基本面的稳健支撑，2025年上半年，A股42家上市银行合计实现营业收入2.92 万亿元，归母净利润约1.1万亿元，超六成银行实现"双增"；中期分红机制的创新升级，叠加长线资金 的配置加持，进一步强化了银行股的投资价值。在分析人士看来，在经营模式向精细化转型、净息差逐 步企稳的背景下，银行股长期配置价值正随着行业转型深化而持续筑牢。 "真金白银"增持 管"真金白银"的投入既是对银行内在价值的肯定，也向市场释放了积极信号，有助于稳定投资者预期， 进一步增强市场对银行业发展的信心。 筑牢长期配置基础 增持潮的背后，是银行股估值与业绩的双重改善。事实上，此前较长一段时间内，受宏观经济调整、利 率市场化推进等因素影响，银行股整体估值曾持续处于历史低位，市净率、市盈率等核心指标常年低于 市场平均水平，形成明显的"估值洼地"。 而进入2025年，这一情况正在发生改变，估值修复与业绩增长形成共振，共同推动银行股走出行情 ...

Group 1 - Nanjing Bank announced that its major shareholder, Jiangsu Transportation Holding Co., Ltd., has received 496,498,397 shares of the bank from its wholly-owned subsidiary, Jiangsu Yunsong Capital Management Co., Ltd., without compensation [2] - The transfer of shares was completed and registered on September 11, 2025 [2]

Core Points - Nanjing Bank announced the completion of a share transfer from its subsidiary Yunshan Capital to Jiangsu Transportation Holding Co., with Jiangsu Transportation now holding approximately 1.732 billion shares, representing a 14.01% stake in the bank [1][3] - The share transfer involved about 496 million unrestricted circulating shares, which accounted for 4.02% of Nanjing Bank's total share capital [3] Summary by Sections - **Share Transfer Details** - Jiangsu Transportation Holding Co. received approximately 496 million shares from its wholly-owned subsidiary Yunshan Capital, completing the transfer process on September 12 [3] - Post-transfer, Jiangsu Transportation's total shareholding remains unchanged, with the company and its subsidiary collectively holding the same number of shares [1] - **Ownership Structure** - After the transfer, Jiangsu Transportation holds around 1.732 billion shares, maintaining a 14.01% ownership stake in Nanjing Bank [1][3] - Yunshan Capital no longer holds any shares in Nanjing Bank following the transfer [1]

北京商报讯（记者 宋亦桐）9月12日，南京银行发布《关于股东股份无偿划转过户完成的公告》，前 期，该行收到持股5%以上股东江苏交通控股有限公司（以下简称"江苏交控"）《关于无偿划转南京银 行股份的告知函》，江苏交控同意无偿受让其全资子公司江苏云杉资本管理有限公司（以下简称"云杉 资本"）持有的该行约4.96亿股无限售流通股（占南京银行总股本的4.02%）。 南京银行表示，9月12日，该行收到江苏交控《关于无偿划转南京银行股份有限公司股份完成过户登记 的告知函》，上述股份已完成过户登记手续。本次股份无偿划转完成后，云杉资本不再持有该行股份， 江苏交控持有该行约17.32亿股，持股比例14.01%，划转前后江苏交控及其全资子公司云杉资本合计持 有该行股份数量及比例保持不变。 ...

Core Viewpoint - The People's Bank of China (PBOC) has established a new evaluation mechanism for primary dealers in the open market, which will be implemented in 2025, aiming to enhance the transmission of monetary policy and adapt to the evolving financial market [1]. Group 1: Evaluation Mechanism - The PBOC's evaluation mechanism for primary dealers was first established in 2004 and adjusted in 2018 to support smooth open market operations [1]. - The new evaluation method will focus on optimizing and simplifying assessment indicators, categorizing institutions for evaluation, and strengthening the linkage with bond market makers [1]. - The list of primary dealers for the year 2025 will remain unchanged, and any dealer exhibiting inappropriate behavior during the evaluation period may be suspended from participating in open market operations [1]. Group 2: Institutions Involved - A comprehensive list of institutions that will be evaluated includes major banks such as Agricultural Bank of China, Industrial and Commercial Bank of China, China Construction Bank, and Bank of China, among others [3][4]. - The evaluation will consider factors such as stable lending, reasonable pricing, market performance during tight funding periods, and compliance with operational standards [3].

人民财讯9月12日电，南京银行（601009）9月12日晚间公告，股东江苏交通控股有限公司(简称"江苏交 控")无偿受让其全资子公司江苏云杉资本管理有限公司持有的约4.96亿股公司股份。2025年9月11日，上 述无偿划转股份已完成过户登记手续。本次股份无偿划转完成后，云杉资本不再持有该行股份，江苏交 控持南京银行股份17.32亿股，持股比例14.01%。 ...

南京银行股份有限公司关于股东股份 无偿划转过户完成的公告 江苏云杉资本管理有限公司为江苏交通控股有限公司全资子公司，属于 《上市公司收购管理办法》规定的一致行动人，本次股份划转为一致行动人之间 的内部转让，不涉及向市场增持或减持，不触及要约收购，不会影响本公司无控 股股东和实际控制人的情况。 一、协议转让前期基本情况 前期，南京银行股份有限公司（以下简称"本公司"）收到持股 5%以上股 东江苏交通控股有限公司（以下简称"江苏交控"）《关于无偿划转南京银行股 份的告知函》，江苏交控同意无偿受让其全资子公司江苏云杉资本管理有限公司 （以下简称"云杉资本"）持有的本公司 496,498,397 股无限售流通股（占本公 司总股本的 4.02%）。具体内容详见本公司 2025 年 8 月 12 日披露于上海证券交 易所官网（www.sse.com.cn）的《南京银行股份有限公司关于股东股份无偿划转 的提示性公告》（公告编号：2025-056）。 证券代码：601009 证券简称：南京银行 公告编号：2025-066 优先股简称：南银优 1 优先股代码：360019 南银优 2 360024 本公司董事会、全体董事及相关 ...

Core Viewpoint - Nanjing Bank's stock has experienced a decline in recent trading sessions, with a current price of 11.04 CNY per share and a market capitalization of 136.49 billion CNY, reflecting a mixed performance in terms of trading volume and net capital flow [1] Financial Performance - As of June 30, Nanjing Bank reported a net profit attributable to shareholders of 12.619 billion CNY for the first half of 2025, representing a year-on-year growth of 8.84% [2] - The bank's cumulative cash distribution since its A-share listing amounts to 45.939 billion CNY, with 17.128 billion CNY distributed over the past three years [3] Shareholder Information - The number of shareholders as of June 30 is 75,500, a decrease of 5.26% from the previous period, while the average circulating shares per person increased by 29.37% to 161,432 shares [2] - Among the top ten circulating shareholders, Hong Kong Central Clearing Limited holds 351 million shares, an increase of 51.727 million shares compared to the previous period [3] Stock Performance - Nanjing Bank's stock has seen a year-to-date increase of 5.64%, but has declined by 0.54% over the last five trading days, 5.24% over the last twenty days, and 6.84% over the last sixty days [1]

Group 1 - A-shares of bank stocks weakened, with notable declines in several banks including Shanghai Pudong Development Bank, which fell over 3% [1] - Qilu Bank experienced a decline of 2%, while other banks such as Chongqing Rural Commercial Bank, Chengdu Bank, and others saw drops exceeding 1% [1] - The overall market performance for these banks indicates a bearish trend in the banking sector [1] Group 2 - Shanghai Pudong Development Bank reported a decline of 3.68%, with a total market capitalization of 414.8 billion [2] - Qilu Bank's stock decreased by 2.07%, with a market value of 35 billion [2] - Other banks like Chongqing Rural Commercial Bank and Chengdu Bank also reported declines of 1.81% and 1.67% respectively, with market capitalizations of 73.8 billion and 77.6 billion [2]

Core Viewpoint - The recent surge in gold prices has led to increased investment interest, prompting multiple banks to promote gold accumulation services with various fee waivers and incentives for long-term holding [2][3][4]. Group 1: Gold Price Surge - Gold prices have reached historic highs, with COMEX gold futures exceeding $3,690 per ounce and Shanghai Gold Exchange AU9999 hitting 836 yuan per gram [2][3]. - The rise in gold prices is attributed to three main factors: expectations of Federal Reserve interest rate cuts, increased gold purchases by central banks, and heightened geopolitical risks [5]. Group 2: Bank Promotions - Several banks, including Industrial and Commercial Bank of China and Nanjing Bank, are offering promotional activities for gold accumulation, such as waiving fees for active accumulation and providing discounted buy/sell rates [3][4]. - Banks are emphasizing the benefits of long-term gold holding, with some offering rebates and fee waivers for clients who hold gold for over a year [2][3]. Group 3: Investor Behavior and Risks - While banks are promoting long-term holding through fee waivers, experts caution that these measures alone may not significantly encourage a long-term investment mindset [4]. - Banks have issued risk warnings regarding gold accumulation products, highlighting that gold prices can be volatile and investors should be aware of potential losses [6].