2025可持续全球领导者大会于10月16日-18日在上海市黄浦区世博园区召开。兴业银行行长陈信健出席 大会并表示，可持续金融发展是一场关乎未来的长征，需要全社会通力合作、共谱新篇章。陈信健指 出，当前，尽管有些国家退出《巴黎协定》，但全球范围内的气候行动仍在继续推进，尤其是我国在今 年9月的联合国气候变化峰会上宣布了2035年"1+3+3"的NDC（国家自主贡献）目标，打破了"碳达 峰"后将经历较长"平台期"的历史认知，体现了大国担当，为可持续金融发展提供了新的历史机遇。陈 信健强调，新阶段的可持续金融，应把服务低碳转型作为着力点，推动全社会形成同题共答的强大力 量。 ...

中新网四川新闻10月14日电 2024年，兴业银行携手中国银联、成都大熊猫繁育研究基地联名先后重磅 推出"百变熊猫基地和花信用卡/借记卡"，凭借独特的"花花"IP设计收获了来自全国"护花使者"们的喜爱 和追捧，"花花卡"贴近民生消费的权益和服务也获得了广泛的市场认可与用户好评。近日，为积极响应 居民群众日益增长的健康生活需求，兴业银行成都分行紧跟总行"爱跑卡"运动健康布局，打造健康运动 消费生态闭环，联合"和花IP"及特步，全新推出"花花爱跑卡"，让可爱"熊猫果赖"引领健康生活方式。 "花花爱跑卡"海报。兴业银行成都分行供图 作为国内绿色金融先行者，兴业银行积极践行可持续发展理念，为了全面助力低碳出行，本次"花花爱 跑卡"特别设置每月跑步卡路里兑积分专属活动，刷卡可获跑步卡路里1:1等效积分兑换日用好物，同时 定期组织持卡客户开展市域专属马拉松赛事战队赛，异地出行持卡用户绑定携程APP支付机票酒店还可 立享消费满减，将金融服务与绿色生活紧密捆绑。(完) 作为"花花"系列卡片的延伸产品，本次推出的兴业银行"花花爱跑卡"进一步延续经典IP设计：可爱的花 花与青春洋溢的乐跑者在"橙意满满"的背景下共同迈开步伐，奔赴 ...

Core Insights - International gold prices have surpassed $4,200 per ounce, marking the strongest surge in nearly 46 years, prompting domestic banks in China to enhance risk control measures for gold investment [1][2] - Major Chinese banks, including Bank of China, Industrial and Commercial Bank of China, Ningbo Bank, and Industrial Bank, have raised the minimum investment amounts for gold accumulation products, with thresholds generally exceeding 1,000 yuan [1] Group 1: Bank Adjustments - Industrial and Commercial Bank of China increased the minimum investment for its gold accumulation business from 850 yuan to 1,000 yuan, the highest among state-owned banks [1] - Bank of China raised its minimum purchase amount from 850 yuan to 950 yuan, maintaining a flexible additional purchase amount of 200 yuan [1] - Both Ningbo Bank and Industrial Bank have set their minimum investment at 1,000 yuan, with Industrial Bank indicating potential future adjustments due to international macroeconomic and geopolitical factors [1] Group 2: Market Dynamics - This is not the first adjustment of the year; for instance, the minimum investment for Industrial and Commercial Bank's gold accumulation has increased by 53.8% from 650 yuan at the beginning of the year [2] - The gold market is characterized by high volatility and significant price increases, with international gold prices rising over 57% since 2025, the best performance since 1979 [2] - Domestic gold prices have also surged, with notable increases in retail prices for gold jewelry, such as Chow Tai Fook and Lao Feng Xiang [2] Group 3: Risk Factors - The recent surge in gold prices has been accompanied by significant fluctuations, with international gold prices experiencing a rise of over $300 within ten days and daily volatility exceeding 2% [2] - The Shanghai Gold Exchange has issued risk warnings twice in October, advising investors to trade rationally due to the heightened market risks [2]

Core Viewpoint - The recent short-term market fluctuations do not alter the long-term bullish trend of the stock market, with dividend and technology assets expected to yield excess returns over time [1] Group 1: Market Trends - The long-term investment strategy emphasizes a barbell approach, combining dividend and technology assets, which are anticipated to benefit from increased equity market allocation by residents [1] - The Shanghai Stock Exchange 180 Index (000010) is structured with a 90% allocation to dividend assets and 10% to technology assets, making it a suitable choice for equity market investment [1] Group 2: Performance Data - As of October 16, 2025, the Shanghai Stock Exchange 180 Index rose by 0.45%, with notable increases in constituent stocks such as China Life (601628) up 4.37% and Zhaoyi Innovation (603986) up 4.17% [1] - The Shanghai 180 ETF Index Fund (530280) increased by 0.33%, with a current price of 1.23 yuan, and has shown a cumulative increase of 1.57% for the month as of October 15, 2025, ranking 1st among comparable funds [1] Group 3: Index Composition - The Shanghai 180 Index includes 180 large-cap, liquid stocks from the Shanghai market, with the top ten weighted stocks accounting for 26.75% of the index [2] - The top ten stocks by weight include Kweichow Moutai (600519), Zijin Mining (601899), and China Ping An (601318), among others [2][4]

Investment Rating - The industry investment rating is "Positive" (maintained) [1] Core Viewpoints - The banking sector is experiencing a shift towards "wealthization" of deposits, indicating a change in customer behavior and banking operations [9] - The report highlights a divergence in bank operations, with some banks benefiting from enhanced funding attributes while others struggle [8] - The overall sentiment in the banking sector is improving, with dividend yields becoming attractive again after a period of adjustment [9] Summary by Sections Financial Data Analysis - In September, M1 growth was 7.2%, up 1.2 percentage points from the previous month, while M2 growth decreased to 8.4%, down 0.4 percentage points [5] - Social financing (社融) increased by 3.53 trillion yuan in September, with a year-on-year decrease of 229.7 billion yuan, resulting in a stock growth rate of 8.7% [6] - New RMB loans in September amounted to 1.29 trillion yuan, a year-on-year decrease of 300 billion yuan, with a balance growth rate of 6.6% [7] Banking Sector Insights - The report indicates that banks are focusing on a "quantity-price balance" in credit issuance, with a continued trend towards the "wealthization" of deposits [8] - The contribution of funding business to revenue has increased for most state-owned banks, except for Industrial and Commercial Bank of China [23] - The report suggests that banks with a more market-oriented approach and comprehensive licenses will have a competitive advantage in the evolving landscape [8] Investment Recommendations - The report recommends focusing on banks that are well-positioned to benefit from the wealthization of deposits, highlighting specific banks such as China Merchants Bank and Industrial Bank [9] - It emphasizes the attractiveness of H-shares over A-shares in terms of value [9]

受访人士表示，商业银行此次集中调整黄金积存业务门槛、密集释放风险提示，核心动因在于当前黄金 价格波动幅度加大、投资风险显著上升。这一系列举措既是为投资者敲响风险警钟，也能引导其结合自 身情况合理配置黄金资产，避免盲目入场。 购买起点提高至1000元 10月14日，中国银行发布公告称，将于10月15日起调整积存金产品的购买条件：按金额购买积存金产品 或创建积存定投计划时，最小购买金额由850元调整为950元，追加购买金额维持200元整数倍不变。 本报记者 彭妍 10月份以来，国际金价仍持续攀升，在市场风险加剧的背景下，多家银行近期密集调整个人贵金属业务 规则：一方面集中上调黄金积存业务起购门槛，部分银行已将起购门槛提升至1000元；另一方面同步发 布风险提示，引导投资者警惕贵金属价格波动可能带来的投资风险。 警惕技术面回调压力 进入10月份，国际金价延续9月涨势。伦敦现货黄金价格呈阶梯式突破，截至北京时间10月15日记者发 稿，伦敦现货黄金报价达4200.21美元/盎司，短期内连续刷新阶段新高。 对于金价持续上涨的原因，中信证券首席经济学家明明在接受《证券日报》记者采访时表示，美国长期 高通胀与其财政持续扩张的 ...

Core Viewpoint - The banking sector is facing significant challenges in its fund sales business due to increased competition from internet platforms, changing investor behaviors, stricter regulations, and a shift towards quality-driven growth rather than scale-driven growth [1][11]. Group 1: Fund Custody Business - The entry barriers for fund custody qualifications have increased, leading to some small and medium-sized banks withdrawing their applications, with Guangzhou Bank being the latest to do so after over three years of waiting [4][5]. - The new regulatory requirements demand a net asset threshold of 500 billion yuan and a strong market presence, which many smaller banks struggle to meet, resulting in a concentration of custody business among larger financial institutions [5][6][7]. - The top five banks dominate the fund custody market, holding approximately 47.93% of the market share, making it increasingly difficult for smaller institutions to compete [7]. Group 2: Sales Channel Dynamics - The withdrawal of custody applications signals a strategic retreat from high-cost, low-return business models, as many banks are opting to focus on more profitable areas [8]. - There is a noticeable trend of fund companies terminating sales partnerships with smaller banks, indicating a shift towards more rational and concentrated channel strategies [9][10]. - As of mid-2024, the bank channel's share of equity fund holdings has declined from 44.81% to approximately 41.93%, reflecting a broader trend of diminishing influence in the market [9][10]. Group 3: Revenue Growth Challenges - The reliance on traditional revenue models based on scale and licensing is becoming unsustainable, prompting banks to adopt "price for volume" strategies to attract customers [11][12]. - While lowering fees can temporarily boost transaction volumes, it compresses banks' intermediary income, which is primarily derived from subscription fees [12]. - To achieve sustainable growth, banks need to transition from merely selling products to providing comprehensive services, enhancing customer engagement, and developing a robust advisory framework [13].

其中，发行机构有4家，分别是金元证券、万和证券、汇百川基金、鹏安基金；销售机构有2家，分别是兴业银行海口分行、上海浦发银行海口分行。 上证报中国证券网讯（记者 何漪）10月15日，海南证监局发布《海南自由贸易港跨境资产管理试点业务试点机构备案公告》。公告显示，10月14日，金元 证券、万和证券、汇百川基金、鹏安基金、兴业银行海口分行、上海浦发银行海口分行已完成从事海南自由贸易港跨境资产管理试点业务备案。 | 序号 | 试点机构名称 | 备案类型 | 统一社会信用代码 | 备案时间 | | --- | --- | --- | --- | --- | | 1 | 金元证券股份有限公司 | 发行机构 | 91460000742550597A | 2025年10月14日 | | 2 | 万和证券股份有限公司 | 发行机构 | 91460000730071003K | 2025年10月14日 | | 3 | 汇目川童令复锤有限公司 | 发行机构 | 91460100MAA9AHB71M | 2025年10月14日 | | 4 | 鹏安其金管理有限公司 | 发行机构 | 91460000MAD9BE4029 | 2025 ...

Core Insights - The article highlights the role of Xingye Bank's Nanning branch in supporting rural revitalization and agricultural development through financial services, with a focus on "three rural issues" [1][2][3] - As of the end of September, the agricultural loan balance of Xingye Bank's Nanning branch exceeded 8.7 billion yuan, demonstrating its commitment to providing financial support to the agricultural sector [1] - The bank has implemented various financial solutions tailored to different agricultural enterprises, contributing to the stability and growth of the agricultural industry in Guangxi [2][3] Group 1: Agricultural Financing - Xingye Bank's Nanning branch has provided over 700 million yuan in comprehensive financing to a grain group since 2013, helping it become a key player in national agricultural industrialization [1] - The bank's agricultural loan balance reached over 8.7 billion yuan by the end of September, indicating strong support for the agricultural sector [1] Group 2: Poultry Industry Support - In Liuzhou, a poultry enterprise has engaged 4,000 farmers in cherry valley duck farming through a "company + farmer" model, supported by Xingye Bank's financing of over 250 million yuan [2] - The bank has developed a comprehensive financial service plan for the poultry supply chain, enhancing the industry's growth and stability [2] Group 3: Cold Chain Financing - Xingye Bank has tailored financial services for the cold chain industry in Beihai, providing liquidity support through accounts receivable financing and inventory pledges [2] - This financial backing ensures efficient operations in cold chain logistics, connecting fishermen's harvests with consumers [2] Group 4: Future Outlook - The bank plans to deepen its financial services for agriculture, innovate financial products, and expand service coverage to contribute to high-quality agricultural development in Guangxi [3]

从资金流向上来看，当日股份制银行板块主力资金净流入1.92亿元，游资资金净流入4288.04万元，散户 资金净流出2.35亿元。股份制银行板块个股资金流向见下表： 证券之星消息，10月15日股份制银行板块较上一交易日上涨0.72%，浦发银行领涨。当日上证指数报收 于3912.21，上涨1.22%。深证成指报收于13118.75，上涨1.73%。股份制银行板块个股涨跌见下表： | 代码 | 名称 | 收盘价 | 涨跌幅 | 成交量(手) | 成交额(元) | | --- | --- | --- | --- | --- | --- | | 600000 | 浦发银行 | 13.17 | 3.13% | 122.63万 | 15.92 Z | | 000001 | 平安银行 | 11.40 | 0.62% | 127.11万 | 14.43亿 | | 600015 | 华夏银行 | 6.78 | 0.59% | 120.30万 | 8.11亿 | | 601818 | 光大银行 | 3.44 | 0.58% | 374.64万 | 12.82亿 | | 600036 | 招商银行 | 41.50 | 0.58% | ...