Group 1 - The core viewpoint of the news is that the state-owned large bank sector experienced a slight increase of 0.37% on January 29, with Postal Savings Bank leading the gains [1] - The Shanghai Composite Index closed at 4157.98, up 0.16%, while the Shenzhen Component Index closed at 14300.08, down 0.3% [1] - The trading performance of individual stocks in the state-owned large bank sector showed varied results, with Postal Savings Bank closing at 5.09, up 0.99%, and Agricultural Bank of China closing at 6.78, down 0.29% [1] Group 2 - The net inflow of main funds into the state-owned large bank sector was 602 million yuan, while retail investors saw a net outflow of 309 million yuan [1] - The detailed fund flow for individual banks indicated that Industrial and Commercial Bank of China had a main fund net inflow of 1.55 billion yuan, but also experienced net outflows from both retail and speculative funds [2] - The overall trend showed that while some banks like Postal Savings Bank had a positive net inflow from main funds, they still faced outflows from retail investors, indicating mixed investor sentiment [2]

Group 1 - The interest of mutual funds in the Hong Kong market slightly decreased in Q4 of last year, with strong capital inflows into the metals and financial sectors [1] - By the end of 2025, the structure of stock holdings in equity and mixed mutual funds diversified, with the top 50 holdings' share of total stock investments dropping from 25.8% to 25.1% [1] - The proportion of Hong Kong stocks in mutual fund heavyweights decreased from a peak of 17.8% to 16.3% [1] Group 2 - Driven by global metal market trends, Chinese mutual funds significantly increased their investments in metal stocks in Q4, with a quarterly rise of 1.7 percentage points [2] - Fund managers showed optimism towards banks and diversified financials, with notable inflows into Industrial Bank and ICBC [2] - For Q1 2026, mutual funds are expected to have a higher risk tolerance post profit-taking, with AI and metals remaining key investment themes [2]

银行板块盘中持续走高，青岛银行涨停，消息面上，青岛银行发布2025年度业绩快报，实现归属于母公 司股东净利润51.88亿元，同比增长21.66%。此前已有招商银行、兴业银行、宁波银行等8家上市银行率 先交出2025年度业绩快报，所有银行均实现净利润正增长。 中国银河证券指出，四季度市场风格整体延续上季度，资金对银行板块青睐程度维持在相对低位。但同 时，国有行、股份行持续受关注。近期被动资金流出对银行资金面形成扰动，但在低利率与中长期资金 加速入市的环境下，银行板块高股息、低估值的红利属性仍对险资等长线资金具备持续吸引力，加速估 值定价重构。继续看好银行板块红利价值。 截至2026年1月29日 14:07，中证银行指数(399986)强势上涨1.68%，成分股青岛银行上涨9.94%，渝农商 行上涨3.86%，宁波银行上涨3.70%，齐鲁银行，江苏银行等个股跟涨。银行ETF鹏华(512730)上涨 1.34%，最新价报1.59元。 银行ETF鹏华紧密跟踪中证银行指数，为反映中证全指指数样本中不同行业公司证券的整体表现，为投 资者提供分析工具，将中证全指指数样本按中证行业分类分为11个一级行业、35个二级行业、90 ...

来源：中国工商银行 1月27日至28日，工商银行2026年党建暨经营管理工作会议在北京召开。会议以习近平新时代中国特色 社会主义思想为指导，深入学习贯彻党的二十大和二十届历次全会、省部级主要领导干部学习贯彻党的 二十届四中全会精神专题研讨班精神，落实中央经济工作会议、二十届中央纪委五次全会、全国金融系 统工作会议等部署，总结工作、分析形势、安排下阶段任务。党委书记、董事长廖林出席会议并讲话， 党委副书记、行长刘珺作经营分析报告。总行党委成员，董事会及高管层成员出席。 会议指出，2025年全行认真贯彻党中央决策部署，以中央巡视整改和深入贯彻中央八项规定精神学习教 育为促进，坚持党建引领、五化转型，交出了一份向新向优发展的年度答卷。"十四五"全行发展规划圆 满收官，中国特色世界一流现代金融机构建设迈出新步伐。 会议强调，要全面深刻准确领会和把握党的二十届四中全会作出的战略部署，制定实施好全行"十五 五"规划，打造一流银行、领军银行、清廉银行、现代银行。坚持"稳中求进、提质增效"及两个"更好统 筹"，坚持正确的政绩观，坚持"防风险、强监管、促高质量发展"金融工作主线，持续做强主业、做优 质效、做大贡献。 一是提升防 ...

一是填补区域空白，引领金融创新。 开创了自治区数字供应链融资新模式，为区域金融同业运用金融 科技服务本地实体经济提供了可借鉴的范例，是工行内蒙古分行落地服务区域产业链普惠金融领域的创 新成果。 转自：内蒙古晨网 近日，中国工商银行内蒙古分行(以下简称"工行内蒙古分行")与供应链金融服务平台中企云链紧密合 作，成功落地内蒙古自治区金融同业首单"链数"数字供应链融资业务(以下简称"链数"业务)。此项重要 成果，标志着双方在供应链融资领域的合作迈上新台阶，也是工行内蒙古分行以数字普惠金融创新服务 区域产业链、赋能中小微实体经济的一次积极探索。 当前，推动供应链金融数字化转型、运用科技手段精准滴灌中小微企业、畅通实体经济血脉，已成为金 融业服务国家战略、支持高质量发展的重要方向。工行内蒙古分行深刻把握这一趋势，积极响应国家关 于提升产业链供应链韧性和安全水平的号召，立足自治区能源、农牧等特色优势产业聚集、核心企业众 多的区域禀赋，主动拥抱金融科技创新。此次与中企云链深度合作落地的"链数"业务，正是双方依托先 进技术平台，深度整合核心企业信用与产业链真实交易数据，为核心企业上下游供应商量身打造的线上 化融资解决方案，显 ...

银行机构优化流程，全力提升行动效能。中国人民银行甘南州分行指导农业银行迭部县支行简化申报材 料、优化审批权限、开辟绿色通道，采取线上线下（300959）一体推进，集中快速发放特色产业贷款 5000万元，解了企业的燃眉之急，为特色产业企业和农牧户设备购置、春耕备耕、扩大生产、升级包 装、拓展市场等提供了精准支持。燎原乳业有限责任公司是甘南州乳品行业的龙头企业，近期，该企业 因进入奶制品收储和春节前生产备货阶段，资金流动紧缺，续贷不畅。针对企业的困难，中国人民银行 甘南州分行指导甘肃银行甘南分行主动靠前服务，优化服务模式，提前介入企业融资全流程，高效完成 贷前调查、风险评审及相关手续，待企业结清原贷款后，立即启动新贷款发放程序，当日投放流动资金 贷款2000万元，满足了企业资金需求，保障了生产与供应的连续性和稳定性。 一年之计在于春。年末岁初，是牛羊收储、春耕备耕的关键时期，也是特色产业资金需求旺盛期。为深 化"一县一业一品"，助力特色产业提质增效行动，精准支持特色产业发展，2026年新年伊始，中国人民 银行甘南州分行抓住关键农时与产业节点，在集中摸排资金需求后，通过构建政银协同、银担联动、链 条带动工作机制，组 ...

科技创新债券发行业务 国家开发银行 中国农业银行股份有限公司 中国银行股份有限公司 交通银行股份有限公司 上海浦东发展银行股份有限公司 中信银行股份有限公司 兴业银行股份有限公司 中国邮政储蓄银行股份有限公司 中国进出口银行 中信证券股份有限公司 国泰海通证券股份有限公司 华泰证券股份有限公司 年度债市领军人物 << 中国农业银行资产负债管理部总经理 壬雷勇 陈颖轩 中国建设银行资产托管业务部总经理 王海璐 中国工商银行金融市场部总经理 宋福宁 中国银行金融市场部总经理 国家开发银行资金部副总经理 于会服 蔭宏立 上海东东发展银行金$市场总监。 首席经济学家、研究院执行院长 8 裝 交通银行金融市场部总经理 牛天雪 中国农业发展银行资金部副总经理 年度开拓贡献机构 ~~ 年度债市领军机构 200 中国农业银行股份有限公司 中国建设银行股份有限公司 中国工商银行股份有限公司 中国银行股份有限公司 国家开发银行 上海浦东发展银行股份有限公司 交通银行股份有限公司 中国农业发展银行 中信银行运营管理部总经理 凯 林榕辉 兴业银行资金营运中心总经理 郭佳鹏 中国邮政储蓄银行金融市场部副总经理 高 此 中国进出口银行资 ...

Core Viewpoint - The new policy on credit card installment interest subsidies aims to enhance consumer spending by including credit card bill installment services in the subsidy scope, thereby reducing the financial burden on consumers and stimulating consumption potential [1][4]. Group 1: Policy Implementation - The Ministry of Finance, the People's Bank of China, and the National Financial Regulatory Administration issued a notification that includes credit card bill installment services in the subsidy scope with a uniform annual subsidy rate of 1% [1]. - Major state-owned banks and some joint-stock banks have quickly responded by releasing implementation details, simplifying processes, and enhancing risk control measures to ensure effective policy execution [2][3]. - The policy reflects a strong public demand for support in consumer financing, aligning with the principle of "people-centered" policy design [2]. Group 2: Consumer Benefits - The subsidy allows consumers to save approximately 270 yuan in interest over a year when using a 50,000 yuan credit card bill divided into 12 installments [4]. - The policy is expected to significantly alleviate financial pressure on large purchases such as home appliances, cars, and education, thus converting latent consumer demand into actual purchasing behavior [4][5]. - The annual cap for total subsidies has been raised to 3,000 yuan per borrower, with the removal of previous limits on single transaction subsidies [5]. Group 3: Bank Responses and Services - Six major banks have clarified that existing customers with signed agreements will automatically benefit from the new policy without needing to re-sign [2]. - Banks like Agricultural Bank and Postal Savings Bank have outlined the steps for new customers to apply for the credit card installment interest subsidy, emphasizing a simplified process [2][3]. - The banks have committed to not charging any fees for processing the subsidy applications, ensuring a cost-free experience for consumers [8]. Group 4: Market Impact and Growth Potential - The policy is anticipated to drive growth in credit card installment services, especially as consumer awareness increases leading up to the Spring Festival [6]. - Smaller financial institutions are also preparing to implement similar measures, which will help extend the benefits to lower-tier cities and meet diverse consumer needs [6]. - The inclusion of credit card installments in the subsidy program is seen as a crucial step in supporting consumption expansion and improving the quality of financial services [7].

Core Viewpoint - The recent optimization and upgrade of the personal consumption loan interest subsidy policy aims to enhance consumer credit support and stimulate consumption through various measures, including extending the policy duration, expanding the subsidy scope, and increasing the subsidy standards [1][2][3]. Group 1: Policy Enhancements - The policy implementation period has been extended to September 1, 2025, through December 31, 2026, providing a longer support cycle for consumer credit [2]. - The subsidy scope has been expanded by removing the previous restriction on consumption fields for loans of 50,000 yuan and above, allowing for broader application [2][3]. - The subsidy standards have been optimized by eliminating the previous caps on single transaction subsidies and cumulative subsidies for amounts below 50,000 yuan, while maintaining an annual cap of 3,000 yuan per borrower at a single institution [3][4]. Group 2: Credit Card Bill Installment Subsidy - The most notable change is the inclusion of credit card bill installment payments in the subsidy program, with a subsidy rate of 1% applicable from January 1, 2026, to December 31, 2026 [4][5]. - This initiative aims to lower the financing costs for consumers using credit cards, thereby stimulating consumption and increasing merchant revenues [4][6]. - Banks are rapidly implementing operational processes for the new credit card installment subsidy to ensure quick policy execution [5][7]. Group 3: Risk Management and Process Optimization - Banks are focusing on simplifying application processes and enhancing risk management to prevent misuse of subsidy funds while ensuring effective policy implementation [7][8]. - Digital technologies are being leveraged to facilitate online processing of subsidy applications, allowing borrowers to manage their applications through mobile and online banking platforms [7]. - Strict measures are in place to prevent fraudulent activities related to subsidy applications, with banks retaining the right to recover funds in cases of non-compliance [8].

主动投案近8个月后，这名国有大行原干部各项处分被公布。 1月28日，据中央纪委国家监委网站消息，中国农业银行原首席专家兼浙江省分行原党委书记、行长冯建龙因 严重违纪违法问题被开除党籍，收缴其违纪违法所得，涉嫌犯罪问题移送检察机关依法审查起诉，所涉财物一 并移送。 据中央纪委国家监委网站通报，经查，高强丧失理想信念，背弃初心使命，对抗组织审查，转移、隐匿证据； 无视中央八项规定精神，收受可能影响公正执行公务的礼品、礼金、消费卡；违反组织原则，违规为他人谋取 人事方面利益并收受财物；廉洁底线失守，违规向从事公务的人员赠送礼品，违规从事营利活动，离职后违规 任职取酬；违反生活纪律，长期打牌赌博；贪欲膨胀，利用职务便利为他人在贷款融资等方面谋取利益，并非 法收受巨额财物。 值得注意的是，上述通报还提及："高强身为国有金融机构党员领导干部，纪法意识淡漠，甘于被'围猎'，在 职期间以贷谋私、以股谋利，离职后以'工资''顾问费'等名义敛财，搞银企'旋转门'式腐败"。 依据有关规定，经建行党委研究，决定给予高强开除党籍处分；收缴其违纪违法所得；北京市通州区监委将其 涉嫌犯罪问题移送检察机关依法审查起诉，所涉财物一并移送。 还 ...