1月26日金融一线消息，兴业银行发布公告称，自 2025 年度 A 股中期权益分派实施公告前一交易日 （2026 年 1 月 30 日）至本次权益分派股权登记日期间，"兴业转债"将停止转股。股权登记日后的第一 个交易日起，"兴业转债"恢复转股。 | 证券代码:601166 | 证券简称:兴业银行 | 公告编号:临 2026-006 | | --- | --- | --- | | 可转债代码:113052 | | 可转债情称:兴业转债 | 责任编辑：王馨茹 1月26日金融一线消息，兴业银行发布公告称，自 2025 年度 A 股中期权益分派实施公告前一交易日 （2026 年 1 月 30 日）至本次权益分派股权登记日期间，"兴业转债"将停止转股。股权登记日后的第一 个交易日起，"兴业转债"恢复转股。 证券代码:601166 可转债代码:113052 证券简称:兴业银行 公告编号:临 2026-006 可持惯情称:关业转债 | 证券代码 | 证券简称 | 停复牌类型 停牌起始日 | 停牌期间 停牌终止日 复牌日 | | --- | --- | --- | --- | | 113052 | 兴业转债 | 可转债转股停 ...

1月26日，A股市场震荡，顺周期板块强势，截至15:00，银行ETF汇添富（512820）逆势收涨0.37%，终结三连阴，资金持续涌入高股息的银行板块，银行 ETF汇添富（512820）已连续12日吸金超1.3亿元。 | 1分 5分 15分 = | 综合屏 F9 前复权 超级叠加 画线 工具 Q 2 » | 银行ETF汇添 | 1.350 +0.005 +0.37% | 【银行ETF汇添富】2026/01/26 收1.350 幅0.37%(0.005) 开1.343 高1.360 低1.338 四 | 512 | | | | | | | | | | | | | | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | | 7J MA120 1.447J MA250 1.4191 | 2024/11/25-2026/01/26(286日)▼ | SSE CNY 15:00:15 闭市 查看L2全图 | -1.610 | 交生 | -6.70% 120日 ...

Group 1 - The banking sector saw a slight decline of 0.0% on January 26, with Shanghai Pudong Development Bank leading the drop [1] - The Shanghai Composite Index closed at 4132.61, down 0.09%, while the Shenzhen Component Index closed at 14316.64, down 0.85% [1] - Major banks in the sector experienced varied performance, with China Merchants Bank rising by 1.39% and Shanghai Pudong Development Bank falling by 1.52% [1] Group 2 - The banking sector experienced a net outflow of 244 million yuan from institutional investors, while retail investors saw a net inflow of 938 million yuan [1] - Specific banks like Minsheng Bank and Huaxia Bank had mixed capital flows, with Minsheng Bank seeing a net inflow of 107 million yuan from institutional investors [1] - The overall trading volume for the banking sector was significant, with China Merchants Bank recording a trading volume of 216.68 million shares [1]

因实施 2025 年度 A 股中期权益分派,兴业银行股份有限公司（以下简称本公 司）的相关证券停复牌情况如下：自 2025 年度 A 股中期权益分派实施公告前一交 易日（2026 年 1 月 30 日）至本次权益分派股权登记日期间，"兴业转债"将停止 转股。股权登记日后的第一个交易日起，"兴业转债"恢复转股。具体停牌终止日 及复牌日详见本公司后续披露的《兴业银行股份有限公司关于根据 2025 年度中期 利润分配方案调整 A 股可转换公司债券转股价格的公告》。 | 证券代码 | 证券简称 | 停复牌类型 | 停牌起始日 | 停牌期间 | 停牌终止日 | 复牌日 | | --- | --- | --- | --- | --- | --- | --- | | 113052 | 兴业转债 | 可转债转股停牌 | 2026/1/30 | | | | 证券代码：601166 证券简称：兴业银行 公告编号：临 2026-006 可转债代码：113052 可转债简称：兴业转债 兴业银行股份有限公司 关于实施 2025 年度 A 股中期权益分派时 "兴业转债"停止转股的提示性公告 本公司董事会及全体董事保证本公告内容不存在任何 ...

按揭客户张先生在2019年在该分行办理了个人二手房贷款，金额90万元，用于购置房产。然而，2025年 张某因患病失业收入骤减，无力按时偿还贷款。兴业银行工作人员为其量身定制了贷款重组方案。通过 延长还款期限、调整还款计划等方式，大幅减轻了其还款压力。 兴业银行济南分行始终把服务客户、履行社会责任作为工作的出发点和落脚点。该分行相关部门负责人 表示，分行将持续秉持"金融为民"的服务理念，通过不断优化贷款重组业务办理流程、优化服务模式、 传递金融温度，为受困客户提供切实可行的解决方案，以实际行动践行社会责任。（林兴南） 编辑：赵鼎 转自：新华财经 近年来，兴业银行济南分行充分发挥金融属性，积极践行"金融为民"的服务理念，通过办理贷款重组业 务，为受困客户提供及时有效的金融支持，切实减轻客户的经济负担。截至2025年末，该分行在临沂累 计为300余户家庭办理了按揭贷款重组，用实际行动诠释了"雪中送炭"的责任担当。 该分行不断优化服务流程，针对不同客户群体的实际需求，提供灵活多样的服务方案。一方面，通过电 话沟通、线上协商等方式，实现贷款重组方案的便利化协商；另一方面，针对部分签署协议困难的客 户，该分行积极与合作公 ...

（文章来源：证券时报网） 数据宝统计，截至14:40，兴业银行成交额35.56亿元，创2025年6月16日以来新高。最新股价下跌 0.99%，换手率0.88%。上一交易日该股全天成交额为32.90亿元。（数据宝） ...

Investment Rating - The report maintains an "Overweight" rating for the securities and banking sectors, while also recommending the insurance sector [8]. Core Insights - The market remains active with an average daily trading volume of 28 trillion yuan in A-shares, and the financing balance stabilizing at 2.7 trillion yuan. However, the ETF market has experienced significant volatility, with major outflows from core broad-based ETFs [11][16]. - The sentiment for market bullishness is strong, and the spring rally is expected to continue, particularly in the insurance sector where beta trading opportunities are anticipated [2][26]. - The central bank's governor indicated that there is still room for interest rate cuts, with the latest Loan Prime Rate (LPR) remaining unchanged for eight consecutive months [11][32]. Securities Sector Summary - The report highlights a positive outlook for the securities sector, with several brokerages reporting significant profit growth for 2025. The recommendation includes top brokerages such as CITIC Securities, Guotai Junan, and GF Securities [2][12]. - The average daily trading volume in the A-share market is noted at 28 trillion yuan, with a stable financing balance, indicating a recovery opportunity for the brokerage sector [11][12]. Insurance Sector Summary - The report suggests focusing on quality leading companies in the insurance sector, as the market sentiment remains strong and the spring rally is expected to continue [26][27]. - The insurance sector's fund holdings have increased, with major stocks like Ping An and China Life being highlighted for their significant market presence [27][31]. Banking Sector Summary - The banking sector is characterized by stable performance, with several banks reporting positive earnings forecasts for 2025. The report recommends quality individual stocks such as Nanjing Bank and Chengdu Bank [3][40]. - The central bank's comments on potential interest rate cuts and the expansion of wealth management products indicate a favorable environment for banks [32][33]. - The report notes a decline in bond allocations within bank wealth management products, with an increase in deposits and funds [37][34].

Investment Rating - The report maintains a "Strong Buy" rating for Ningbo Bank and Industrial Bank, expecting their stock prices to outperform the CSI 300 Index by over 20% within the next six months [38]. Core Insights - The People's Bank of China (PBOC) Governor Pan Gongsheng indicated that there is still room for interest rate cuts and reserve requirement ratio (RRR) reductions, with a commitment to continue a moderately loose monetary policy in 2026 [9][10]. - Ningbo Bank reported a year-on-year revenue growth of 8.01% and a net profit growth of 8.13% for 2025, with significant increases in intermediary business income by 30.72% and total assets growing by 16.11% [12]. - Industrial Bank's revenue and net profit showed slight increases of 0.24% and 0.34% respectively, with total assets surpassing 11 trillion yuan and a stable non-performing loan (NPL) ratio of 1.08% [12][13]. - The report highlights a recovery in bank holdings by active management funds, with a slight increase in the proportion of bank sector holdings to 1.06%, indicating potential for further investment [22]. Summary by Sections Monetary Policy - Pan Gongsheng emphasized the need for a flexible and effective use of monetary policy tools, including interest rate cuts and RRR reductions, to ensure liquidity remains ample and aligns with economic growth expectations [9][10]. Bank Performance - Ningbo Bank's strong performance is characterized by a low NPL ratio of 0.76% and a high provision coverage ratio of 373%, indicating robust risk management [12]. - Industrial Bank's performance is stable, with a focus on maintaining asset quality and a solid provision coverage ratio of 228% [12][13]. Market Trends - The banking sector saw a slight increase in active fund holdings, suggesting a potential recovery in investor confidence and interest in bank stocks [22]. - The report notes that the banking, securities, insurance, and fintech indices experienced declines, with the banking index down by 2.70% [23].

Group 1: Company Insights - Huace Testing expects a net profit of 1.013-1.021 billion yuan for 2025, a year-on-year increase of 10%-11% [4] - The company anticipates a Q4 net profit of 201-209 million yuan, reflecting a growth of 15%-20% year-on-year [5] - The company is focusing on strategic mergers and international expansion, which will gradually release growth momentum [5] Group 2: Military Industry Developments - Major military groups in China have held annual meetings to set goals for the 14th Five-Year Plan and outline key tasks for 2026 [7] - China Aerospace Science and Technology Corporation emphasizes breakthroughs in reusable rocket technology and the development of commercial aerospace [8] - China Commercial Aircraft Corporation is advancing the C919 aircraft's certification and commercial operations, with growing interest from Southeast Asian countries [9] Group 3: Cross-Border E-commerce Performance - The global cross-border e-commerce market is projected to reach 551.23 billion USD by 2025, with a compound annual growth rate of 15.44% from 2025 to 2034 [13] - Jihua Co. expects a net profit of 272-291 million yuan for 2025, a significant increase of 50%-60% year-on-year [13] - Huakai Yibai anticipates a net profit of 132-162 million yuan for 2025, with improved inventory management leading to a recovery in gross margin [13] Group 4: Coal Industry Trends - In Q4 2025, coal sector holdings in actively managed funds increased to 0.36%, indicating a low level of crowding and significant value [17] - The coal price is expected to be supported by tight supply and demand conditions, with a potential upward trend in the price center [19] - Major coal companies are initiating buybacks and asset injection plans, reflecting confidence in the sector's growth and stability [20] Group 5: Banking Sector Performance - Industrial Bank expects a revenue growth of 0.24% and a net profit growth of 0.34% for 2025, with asset quality remaining stable [22] - The bank's asset scale is projected to exceed 11 trillion yuan, with a year-on-year growth of 5.57% [23] - The non-performing loan ratio is stable at 1.08%, with significant reductions in new non-performing loans in key sectors [23] Group 6: Renewable Energy and Technology - Mingyang Smart Energy plans to acquire Dehua Chip, a leader in satellite energy systems, to enhance its capabilities in space photovoltaic technology [25] - The space photovoltaic market is expected to grow significantly, with Mingyang's revenue projected to reach 40.879 billion yuan by 2025, reflecting a 51% year-on-year increase [27] - The company aims to leverage its existing technologies to create synergies with Dehua Chip, enhancing its competitive position in the market [27] Group 7: Robotics Industry Developments - Tesla plans to start selling its humanoid robot Optimus by the end of next year, with ongoing testing to ensure reliability and safety [33] - The humanoid robot industry is expected to see significant growth, with over 140 companies and more than 330 products launched in 2025 [40] - Microsoft has launched its first robot-specific AI model, Rho-alpha, which enhances the adaptability and reliability of robots [41]

Core Viewpoint - The first batch of eight listed banks in China has reported their 2025 performance, showing overall positive growth in net profit and revenue, with a focus on optimizing business structures and enhancing risk management for 2026 [1][2]. Group 1: Financial Performance - All eight listed banks reported a year-on-year increase in net profit, with seven achieving both revenue and net profit growth [2] - Hangzhou Bank led with a 12.05% increase in net profit, while Ningbo Bank and Nanjing Bank reported growths of 8.13% and 8.08% respectively [2] - Among joint-stock banks, Pudong Development Bank saw a notable 10.52% increase in net profit, while CITIC Bank, China Merchants Bank, and Industrial Bank reported growths of 2.98%, 1.21%, and 0.34% respectively [2] - Seven banks achieved revenue growth, with only CITIC Bank experiencing a slight decline of 0.55% [2] - Ningbo Bank's revenue grew by 8.01% to 71.968 billion yuan, driven by a 30.72% increase in net income from fees and commissions [2] Group 2: Asset Expansion - Total assets of several banks have expanded significantly, with China Merchants Bank surpassing 13 trillion yuan and Industrial Bank reaching 11 trillion yuan [3] - Smaller banks like Nanjing Bank, Ningbo Bank, and Hangzhou Bank saw asset growth rates of 16.63%, 16.11%, and 11.96% respectively, focusing on technology finance, green finance, and inclusive finance [3] Group 3: Asset Quality - The asset quality indicators remain stable, with a decrease in non-performing loan (NPL) ratios for four banks and three remaining stable [4] - Pudong Development Bank reported a significant decrease in NPL ratio by 10 basis points to 1.26%, while CITIC Bank and China Merchants Bank saw declines of 1 basis point to 1.15% and 0.94% respectively [4] - The overall provision coverage ratio has slightly decreased but remains at a high level, with several banks maintaining coverage ratios above 300% [4] Group 4: Future Strategies - Many banks have outlined their 2026 operational focuses, emphasizing business structure optimization, expanding fee income sources, and strengthening risk management [5][6] - Bank of Beijing has set ten key initiatives for 2026, aiming for qualitative and quantitative growth through deepening specific banking services and ensuring compliance [6]