Market Overview - On August 26, the city commercial bank sector declined by 1.04%, with Guiyang Bank leading the drop [1] - The Shanghai Composite Index closed at 3868.38, down 0.39%, while the Shenzhen Component Index closed at 12473.17, up 0.26% [1] Individual Stock Performance - Guiyang Bank closed at 6.32, down 2.17%, with a trading volume of 746,000 shares and a transaction value of 472 million [2] - Jiangsu Bank closed at 11.02, down 0.45%, with a trading volume of 1.15 million shares and a transaction value of 1.27 billion [1] - Other notable declines include Ningbo Bank at 28.34 (-0.84%) and Beijing Bank at 6.23 (-1.11%) [1][2] Capital Flow Analysis - The city commercial bank sector experienced a net outflow of 191 million from main funds, while speculative funds saw a net inflow of 331 million [2] - Retail investors had a net outflow of 140 million [2] Detailed Capital Flow for Selected Banks - Jiangsu Bank had a main fund net inflow of 44.99 million, while retail investors saw a net outflow of 50.90 million [3] - Chongqing Bank experienced a main fund net inflow of 25.15 million, with a significant retail outflow of 22.28 million [3] - Guiyang Bank had a main fund net inflow of 5.25 million but a retail outflow of 31.19 million [3]

Market Performance - On August 25, the city commercial bank sector rose by 0.63% compared to the previous trading day, with Ningbo Bank leading the gains [1] - The Shanghai Composite Index closed at 3883.56, up 1.51%, while the Shenzhen Component Index closed at 12441.07, up 2.26% [1] Individual Stock Performance - Ningbo Bank (002142) closed at 28.58, with a gain of 2.36% and a trading volume of 555,800 shares, amounting to a transaction value of 1.58 billion [1] - Other notable performers included Fengyang Bank (601997) with a 1.73% increase, Zhengzhou Bank (002936) up by 1.43%, and Beijing Bank (601169) rising by 1.29% [1] - Jiangsu Bank (616009) was the only stock in the city commercial bank sector to decline, falling by 0.72% [2] Capital Flow Analysis - The city commercial bank sector experienced a net outflow of 219 million in main funds, while retail investors saw a net inflow of 264 million [2] - The capital flow for individual stocks showed that Qilu Bank (601665) had a net inflow of 77.03 million from main funds, while Beijing Bank (601169) had a net inflow of 41.70 million [3] - Conversely, several banks like Qingdao Bank (002948) and Zhengzhou Bank (002936) experienced net outflows from main and speculative funds [3]

二、北京银行应要求上述核准任职资格人员严格遵守金融监管总局有关监管规定，自北京银行政许可决 定作出之日起3个月内到任，并按要求及时报告到任情况。未在上述规定期限内到任的，本批复文件失 效，由决定机关办理行政许可注销手续。 三、北京银行应督促上述核准任职资格人员持续学习和掌握经济金融相关法律法规，牢固树立风险合规 意识，熟悉任职岗位职责，忠实勤勉履职。 2025年8月19日，北京金融监管局发布批复称，《北京银行股份有限公司关于孙毅北京分行副行长任职 资格核准的请示》（京银人发〔2025〕696号）收悉。经审核，现批复如下： 一、核准孙毅北京银行股份有限公司北京分行副行长的任职资格。 ...

一、核准姚瑶北京银行股份有限公司中关村分行副行长的任职资格。 2025年8月19日，北京金融监管局发布批复称，《北京银行股份有限公司关于姚瑶中关村分行副行长任 职资格核准的请示》（京银人发〔2025〕675号）收悉。经审核，现批复如下： 三、北京银行应督促上述核准任职资格人员持续学习和掌握经济金融相关法律法规，牢固树立风险合规 意识，熟悉任职岗位职责，忠实勤勉履职。 二、北京银行应要求上述核准任职资格人员严格遵守金融监管总局有关监管规定，自北京银行政许可决 定作出之日起3个月内到任，并按要求及时报告到任情况。未在上述规定期限内到任的，本批复文件失 效，由决定机关办理行政许可注销手续。 ...

Group 1: Public Welfare Initiatives - Beijing Bank Jinan Branch launched the "Caring Activity" to support outdoor workers during high temperatures, providing immediate relief with cooling drinks and rest facilities [1][3] - The branch has established the "Jingxing Love Station" service across 36 outlets, offering free rest and hydration services for outdoor workers [3] - The bank's initiatives include a multi-functional public service matrix, integrating financial knowledge, elder care services, and community engagement [4][6] Group 2: Financial Literacy and Fraud Prevention - The bank emphasizes financial consumer education and fraud prevention as a core responsibility, conducting innovative public welfare activities [7] - Various outreach programs include online financial knowledge classes, community workshops, and partnerships with local organizations to enhance public awareness of fraud [9] - The bank has set up a fraud prevention base in its outlets, regularly hosting lectures and community events to educate different demographics [9] Group 3: Cultural and Educational Engagement - The bank organizes public viewing events for films that promote patriotism and fraud awareness, enhancing community engagement through cultural activities [10][12] - It aims to build an educational financial ecosystem by creating free research bases and developing financial literacy courses for students [22] - The bank's cultural initiatives include the "Four Places and Six Halls" cultural matrix, hosting numerous art exhibitions and educational events [25] Group 4: Environmental and Social Responsibility - The bank successfully held a tree-planting event, involving over 280 families and planting 320 trees, integrating environmental awareness with community engagement [13][15] - The "I+" Youth Volunteer Service Team was established to promote community service and social responsibility among employees [16] - The bank has contributed over 200,000 milliliters of blood through its blood donation initiatives, showcasing its commitment to social welfare [18] Group 5: Support for Vulnerable Groups - The bank collaborated with a foundation to auction artworks created by children with intellectual disabilities, raising funds for rehabilitation facilities [20] - It actively supports the elderly and vulnerable populations through tailored financial services and community programs [4][7]

Core Viewpoint - Beijing Bank has appointed Liu Yang as the new Secretary of the Board, who has extensive experience in financial technology and regulatory practices [1][2]. Group 1: Appointment Details - Liu Yang's appointment as Secretary of the Board was approved by the Beijing Regulatory Bureau of the National Financial Supervisory Administration on August 15 [1]. - Liu Yang, born in January 1975, holds a master's degree in economics and has previously served as the Director of the Office (Party Committee Office) and the Director of the Party Inspection Work Office at Beijing Bank [2]. Group 2: Professional Background - Liu Yang has a diverse background, having worked in the Beijing Military Region and at China Construction Bank before joining the Beijing Financial Work Bureau, where he led emergency anti-fraud efforts [3]. - He was the first head of the newly established Financial Technology Department at the Beijing Local Financial Supervision Administration, which was set up to promote financial technology planning and development [4]. Group 3: Contributions to Financial Technology - Under Liu Yang's leadership, the Financial Technology Department initiated the financial technology application pilot and innovation regulatory pilot in Beijing, which gained market attention for its compliance and consumer protection [4]. - Liu Yang played a significant role in the launch of the digital RMB pilot application in Beijing, witnessing its evolution from a single "station" to a comprehensive "street" and contributing to the development of the "Double Olympic City" [4].

21世纪资管研究院研究员 唐曜华 实习生 姜博文 近期股市气势如虹，8月22日更是突破3800点，债市则持续震荡，呈现冰火两重天的景象，股债"翘翘板"效 应持续显现。不少固收类产品投资者在网上吐槽收益又绿了，而含权比例高的理财产品则净值涨势喜人。 理财通评评"理"第47期继续测评银行热销产品，本期测评北京银行APP京选理财推荐的一款混合类产品：秋系列瑞盈60天持有期1号（多元）A类。8月22日 APP显示，该产品已有6427人次购买。 这是一款多元配置策略的 混合类理财产品，理论上权益类资产投资比例可以达到很高，不超过80%就行，不过这只产品8月15号后净值却连跌三天，8月18日、19日、20日净值均出现 下跌，跟股市创10年新高的火热行情似乎不太相符。跟很多买了固收类产品的投资者的悲伤则较为相似。 ["秋系列瑞盈60天持有期1号(多元配置策略)理财产品A"净值走势] 这可能跟该产品权益类投资青睐优先股策略、市场中性策略等，同时把权益多头仓位控制在比较低的水平有关。今年二季度末该产品投资的权益类资产里超 过80%为优先股，权益多头仓位中枢控制在1%左右。权益多头仓位低可能导致该产品受益股市不明显，而债市最近出 ...

Core Viewpoint - The report from Kaiyuan Securities indicates that the total amount of high-interest fixed deposits maturing in 2025 for listed banks is approximately 39.7 trillion yuan, with a significant portion maturing in the first quarter [1] Group 1: Maturing Deposits - The estimated total of high-interest fixed deposits (2 years and above) maturing in 2025 is 39.7 trillion yuan, with 19.8 trillion yuan for 2-year, 17.4 trillion yuan for 3-year, and 2.5 trillion yuan for 5-year deposits [1] - The maturity schedule shows that 42% of these deposits will mature in Q1, followed by 16% in Q2, 18% in Q3, and 24% in Q4 [1] - An additional 19.6 trillion yuan of high-interest fixed deposits is expected to mature in the first half of 2026 [1] Group 2: Deposit Repricing and Cost Rate - The average cost rate for deposits is projected to decline to 1.61% in 2025 due to the repricing of fixed deposits, with quarterly rates expected to be 1.68%, 1.64%, 1.58%, and 1.53% for Q1, Q2, Q3, and Q4 respectively [5] - The repricing of fixed deposits is expected to improve the deposit cost rates by 11.7 basis points in Q1, 4.2 basis points in Q2, 5.7 basis points in Q3, and 5.1 basis points in Q4 [5] - For 2026, the average deposit cost rate is expected to further decline to 1.52% in the first half of the year [5] Group 3: Interest Rate Changes - The interest rate reduction for 2025 maturing 3-year deposits is estimated to be between 125 to 150 basis points, while 2-year deposits will see a reduction of 60 to 100 basis points [3] - The interest rate reduction for 2026 maturing deposits is projected to be 60 basis points for 2-year, 135 basis points for 3-year, and 145 basis points for 5-year deposits [4] Group 4: Investment Recommendations - Kaiyuan Securities suggests that the effective decrease in bank liability costs will alleviate the interest rate inversion phenomenon for government bonds, with a potential recovery in bond allocation space by Q4 2025 [6] - The report recommends investment in CITIC Bank and highlights beneficiaries such as Agricultural Bank of China, China Merchants Bank, Beijing Bank, Jiangsu Bank, Hangzhou Bank, and Chongqing Rural Commercial Bank [6]

Core Viewpoint - Beijing Bank's board announced the resignation of three independent directors due to the expiration of their terms, effective from the date the resignation letters were submitted to the board [1] Summary by Relevant Sections - Resignation Details - Zhang Guanghua, Zhao Lifeng, and Yang Yunjie submitted their written resignation reports [1] - The resignations are effective immediately upon submission to the board [1]

证券代码：601169 证券简称：北京银行 公告编号：2025-042 本行董事会谨此对张光华先生、赵丽芬女士、杨运杰先生为本行作出的贡献表示衷心感谢。 特此公告。 北京银行股份有限公司董事会 2025年8月16日 北京银行股份有限公司关于独立董事辞任的公告 本公司董事会及全体董事保证本公告内容不存在任何虚假记载、误导性陈述或者重大遗漏，并对其内容 的真实性、准确性和完整性承担个别及连带责任。 北京银行股份有限公司（简称"本行"）董事会于近日收到张光华先生、赵丽芬女士、杨运杰先生提交的 书面辞职报告。因任期届满，张光华先生、赵丽芬女士、杨运杰先生辞去本行独立董事及董事会相关专 门委员会职务。辞任自辞呈送达本行董事会之日起生效。 经张光华先生、赵丽芬女士、杨运杰先生确认，其与本行董事会无不同意见，亦无任何与其辞任有关的 事项需要通知本行股东。 ...