太平洋证券发布研报称，重庆银行（601963）(01963)依托区域重大战略，对公业务驱动规模稳步增长; 同时负债成本有效管控支撑息差表现，资产质量指标持续改善。预计2025-2027年公司营业收入为 145.16、155.15、166.77亿元，归母净利润为53.63、57.47、62.14亿元，每股净资产为16.34、17.89、 19.35元，对应10月10日收盘价的PB估值为0.40、0.37、0.34倍。首次覆盖给予"增持"评级。 贷款增速强劲，对公业务深度受益区域战略 公司深度受益于"成渝地区双城经济圈"等区域战略，贷款投放保持高速增长。上半年公司贷款总额较年 初+13.63%，其中公司贷款表现尤为突出，较年初大幅+20.65%至3776.38亿元，成为拉动规模扩张的核 心引擎，零售贷款增速相对平缓，较年初+2.03%。贷款投向与区域发展战略紧密结合，上半年公司向 成渝地区双城经济圈提供信贷支持近1400亿元，服务西部陆海新通道建设融资余额超470亿元。 负债成本管控成效显著，净利差逆势扩张 2025年上半年公司净利差同比+8bp至1.35%，核心驱动力在于计息负债平均成本率同比大幅-36bp至 ...

Core Viewpoint - Pacific Securities reports that Chongqing Bank is experiencing steady growth in corporate business driven by regional strategic initiatives, effective management of liability costs supporting margin performance, and continuous improvement in asset quality. The bank's projected operating revenue for 2025-2027 is 14.516 billion, 15.515 billion, and 16.677 billion yuan, with net profit attributable to shareholders of 5.363 billion, 5.747 billion, and 6.214 billion yuan, respectively, leading to a PB valuation of 0.40, 0.37, and 0.34 times based on the closing price on October 10. The initial coverage rating is "Buy" [1]. Financial Performance - In the first half of 2025, the company achieved revenue of 7.527 billion yuan, a year-on-year increase of 8.24%, and a net profit attributable to shareholders of 3.190 billion yuan, up 5.39% year-on-year. The annualized weighted average ROE was 11.52%, a decrease of 0.25 percentage points year-on-year [2]. Loan Growth and Corporate Business - The company benefits significantly from regional strategies such as the "Chengdu-Chongqing Economic Circle," with strong loan growth. Total loans increased by 13.63% from the beginning of the year, with corporate loans rising by 20.65% to 377.638 billion yuan, becoming the main driver of scale expansion. Retail loan growth was more moderate, increasing by 2.03% [3]. Liability Cost Management - The company effectively managed liability costs, resulting in a net interest margin increase of 8 basis points to 1.35%. This was driven by a significant reduction in the average cost of interest-bearing liabilities, which fell by 36 basis points to 2.29%, exceeding the decline in the average yield on interest-earning assets by 28 basis points. The net interest spread for the first half of 2025 was 1.39%, down 3 basis points, with a notable decrease in customer deposit costs [4]. Non-Interest Income Challenges - Non-interest income has become a drag on performance, with net fee and commission income declining by 28.62% to 365 million yuan, primarily due to a 59.77% drop in income from agency wealth management services. The company faced challenges in its wealth management business amid the transition to net value-based products. However, it achieved 1.255 billion yuan in net trading and securities investment income, an increase of 7.63%, partially offsetting the decline in non-interest income [5]. Asset Quality Improvement - As of the end of the reporting period, the company's non-performing loan ratio decreased by 8 basis points to 1.17%, with both the proportion of special mention and overdue loans declining. The special mention ratio and overdue ratio were 2.05% and 1.58%, down 59 basis points and 15 basis points, respectively. The non-performing loan ratio for corporate loans decreased by 15 basis points to 0.75%, while the retail loan non-performing ratio increased by 30 basis points to 3.01%, mainly due to personal operating loans and credit cards. The provision coverage ratio increased by 3.19 percentage points to 248.27%, further strengthening the safety cushion [6].

（记者 王瀚黎） 免责声明：本文内容与数据仅供参考，不构成投资建议，使用前请核实。据此操作，风险自担。 每日经济新闻 每经AI快讯，太平洋10月13日发布研报称，给予苏州银行（002966.SZ）"买入"评级。评级理由主要包 括：1）营收增速保持平稳，中收表现亮眼；2）公司贷款驱动规模扩张，主动优化信贷结构；3）息差 延续下行趋势，负债成本管控成效显现；4）不良率保持平稳，个贷质量有所承压。风险提示：经济复 苏不及预期、净息差持续下行、资产质量大幅恶化。 每经头条（nbdtoutiao）——AI技术滥用调查：明星可被"一键换装"，"擦边"内容成流量密码，技术防 线为何形同虚设？ ...

2025年9月25日，国家金融监督管理总局甘南监管分局发布批复称，《中国太平洋财产保险股份有限公 司甘南中心支公司关于变更迭部支公司营业场所的请示》(甘太保产〔2025〕27号)收悉。根据《中华人 民共和国保险法》《保险公司分支机构市场准入管理办法》《保险公司管理规定》等规定，经审核，现 批复如下： 一、同意中国太平洋财产保险股份有限公司迭部支公司营业场所由"甘肃省甘南州迭部县电尕镇城西社 区玛措美路47号"变更至"甘肃省甘南州迭部县电尕镇林海东路道路运输管理局家属楼１单元202室"。 二、请中国太平洋财产保险股份有限公司甘南中心支公司及时到国家金融监督管理总局甘南监管分局换 发《经营保险业务许可证》，并按规定办理公告事宜。 ...

二、太平洋产险甘肃分公司应按照有关规定及时办理变更及许可证换领事宜。 2025年9月25日，国家金融监督管理总局平凉监管分局发布批复称，《太平洋产险甘肃分公司关于中国 太平洋财产保险股份有限公司灵台营销服务部营业场所变更的请示》（甘太保产〔2025〕242号）及相 关补正、说明解释材料收悉。经审核，现批复如下： 一、同意太平洋产险甘肃分公司灵台营销服务部将营业场所变更为：甘肃省平凉市灵台县西城区密须大 道010号灵台县兴盛花园住宅小区1号商住楼3号商铺。 ...

Core Points - The Pacific Tsunami Warning Center (PTWC) has lifted the tsunami warning following an earthquake in the Drake Passage [1] Group 1 - The PTWC initially issued a tsunami warning due to seismic activity in the Drake Passage [1] - The warning was subsequently lifted, indicating that no significant tsunami threat remains [1]

太平洋海啸预警中心：智利沿岸1000公里范围内或出现海啸波。 ...

Core Viewpoint - The company has received a conversion notice from Shengfa regarding the exercise of convertible bonds, indicating a significant capital restructuring event [1] Group 1: Convertible Bonds and Share Conversion - On October 9, 2025, the company received a notice from Shengfa to exercise the conversion rights attached to its convertible bonds [1] - The conversion involves a principal amount of HKD 8.634 million, which will be converted into 34.536 million shares at a conversion price of HKD 0.25 per share [1] - Following the conversion, the newly issued shares will represent approximately 20.00% of the total shares outstanding immediately prior to the conversion and about 16.67% of the total shares outstanding after the conversion [1]

Core Viewpoint - The company, 汇思太平洋, announced the conversion of convertible bonds into shares, indicating a significant capital restructuring event that may impact its equity structure and investor sentiment [1] Group 1: Convertible Bond Conversion - On October 9, 2025, the company received a notice from 盛发 regarding the exercise of conversion rights attached to its convertible bonds [1] - The conversion involved an amount of HKD 8.634 million, resulting in the issuance of 34.536 million shares at a conversion price of HKD 0.25 per share [1] - Following the conversion, the newly issued shares represent approximately 20.00% of the total shares outstanding prior to the conversion and about 16.67% of the total shares outstanding after the conversion [1]

专家表示，我国作为海洋渔业大国和《北太平洋公海渔业资源养护和管理公约》成员国，中国海警派舰艇赴北太平洋开展渔业执法巡航，对我国参与全球海 洋治理、保护公海渔业资源具有重要意义。自参与北太平洋公海渔业执法以来，中国海警以专业高效的行动，为推动全球渔业资源可持续发展做出了有力贡 献。 杨霄：我们坚持在国际水域履行国际义务，开展海洋执法活动，在这个过程中我们提升了自己的执法能力，也建立了国际合作的渠道平台，通过这些活动向 国际社会展现了我们在远洋执法的能力。 今天（10月10日）上午，中国海警海门舰和洋山舰组成的舰艇编队圆满完成2025年北太平洋公海渔业执法巡航任务，顺利返港。这是中国海警在北太平洋公 海开展的第10次巡航。此次巡航历时31天，航程17500余海里，航时1409小时。 巡航期间，舰艇编队根据联合国大会相关决议和《北太平洋公海渔业资源养护和管理公约》有关规定，加大公海渔业法律法规和养护管理措施宣传，加强作 业渔船巡查监管，做好北太渔委会注册渔船信息核对。共观察记录各国渔船69艘，登临检查10艘，有效履行了国际公约义务，维护了北太平洋渔业生产秩 序。 中国现代国际关系研究院海洋问题专家杨霄：这些活动其实 ...