Core Points - The six major state-owned banks in China, including ICBC, ABC, BOC, CCB, BC, and PSBC, collectively emphasized the importance of implementing the spirit of the 20th Central Committee's Fourth Plenary Session, which is crucial for advancing China's modernization and national rejuvenation [1][7][26]. Group 1: Meeting Highlights - The meetings held by the banks focused on the significance of the 20th Central Committee's Fourth Plenary Session, which aims to unify the strength of the party and the people for the construction of a modern socialist country [2][26]. - The banks recognized the importance of Xi Jinping's leadership and the guiding principles of Xi Jinping's Thought on Socialism with Chinese Characteristics for a New Era in achieving significant accomplishments during the 14th Five-Year Plan [3][14][27]. - The banks are tasked with deeply understanding and implementing the strategic goals and major tasks outlined for the 15th Five-Year Plan, which is seen as a critical period for achieving socialist modernization [4][15][24]. Group 2: Implementation Strategies - The banks are required to prioritize the study and dissemination of the Plenary Session's spirit, integrating it into their training programs and ensuring it reaches all levels of staff [5][9][28]. - There is a strong emphasis on maintaining the centralized leadership of the Party over financial work, ensuring that the Party's directives are effectively implemented across all operations [4][11][20]. - The banks are expected to align their development plans with the national economic and social development strategies, focusing on high-quality growth and supporting the real economy [10][19][29]. Group 3: Future Directions - The banks will focus on enhancing their financial services to support the modernization of agriculture and rural areas, as well as promoting common prosperity [10][18][29]. - They are encouraged to actively participate in international financial cooperation and contribute to the global economic landscape, including the Belt and Road Initiative [20][24]. - The banks are tasked with strengthening risk management frameworks to prevent systemic financial risks while ensuring compliance with regulatory requirements [15][21][25].

Core Viewpoint - The article emphasizes the significance of the 20th Central Committee's Fourth Plenary Session in guiding the financial sector towards achieving the goals of the 15th Five-Year Plan and advancing China's modernization efforts [2][12][27]. Group 1: Importance of the 20th Central Committee's Fourth Plenary Session - The session is deemed crucial for uniting the party and the nation in the pursuit of modernization and national rejuvenation [2][26]. - It provides a strategic framework for the next five years, highlighting the importance of the 15th Five-Year Plan in ensuring decisive progress towards socialist modernization [2][12][22]. Group 2: Implementation of the Session's Spirit - Financial institutions are tasked with deeply understanding and implementing the session's spirit as a major political responsibility [3][9][23]. - There is a call for comprehensive learning and promotion of the session's principles across all levels of the financial sector [4][18][28]. Group 3: Strategic Focus Areas - Financial institutions must align their operations with the major tasks outlined in the 15th Five-Year Plan, focusing on high-quality development and risk management [5][10][19]. - Emphasis is placed on serving the real economy and supporting initiatives that promote common prosperity and sustainable development [5][10][29]. Group 4: Strengthening Party Leadership - The meetings stress the necessity of maintaining strong party leadership within financial institutions to ensure effective implementation of policies [11][20][24]. - Continuous efforts are required to enhance the political responsibility of party organizations within the financial sector [11][20][25].

Core Viewpoint - The recent adjustments in deposit rates by small and medium-sized banks reflect a response to ongoing pressure on net interest margins and the need for cost control in a competitive banking environment [1][2][3]. Group 1: Deposit Rate Adjustments - Since October, several small and medium-sized banks have announced reductions in deposit rates, particularly for long-term deposits, following similar moves by large banks [1][4]. - The adjustments include the cancellation of automatic renewal for notice deposits, aimed at optimizing the liability structure and reducing funding costs [2][3]. - Some banks have reduced three-year and five-year deposit rates by as much as 80 basis points, indicating a significant shift in the market [4]. Group 2: Reasons for Adjustments - The adjustments are driven by three main factors: cost control needs, liquidity management, and customer structure optimization [2][3]. - Regulatory pressures have also played a role, as authorities seek to curb excessive competition in deposit pricing and ensure a stable financial market [3][6]. Group 3: Future Outlook - Analysts predict that the ongoing adjustments may lead to a potential easing of net interest margin pressures, especially if further interest rate cuts occur [7][9]. - However, long-term challenges remain, including limited room for further reductions in deposit rates and continued downward pressure on asset yields [9][10]. - The banking sector may need to diversify its strategies, focusing on business transformation and non-interest income expansion to maintain profitability [9][10].

来源：环球网 为切实提升青年学生群体防范网络诈骗的意识，普及金融安全知识，近日，邮储银行新乡市分行走进当 地高校，开展"反诈拒赌校园行"主题宣传活动，为在校师生送上一堂生动的"反诈安全课"。 活动采用"固定宣传+互动讲解"的模式，构建了全方位的宣传场景。活动现场设置反诈咨询台、悬挂宣 传条幅，邮储银行新乡市分行工作人员主动向过往师生发放宣传资料，结合生动案例，讲解相关法律法 规以及发类案件、防诈关键词、反诈利器等内容，用"面对面讲解、手把手教学"的方式，引导大家识别 和防范网络刷单诈骗、虚假网络投资理财类诈骗、贷款征信类诈骗等常见诈骗手段。 为强化"技防"能力，工作人员还引导师生下载"国家反诈中心"APP等"反诈利器"，逐一演示APP内核心 功能的使用方法，提醒大家开启"来电预警"功能，实时拦截诈骗电话与短信，提高自我保护能力。 据介绍，此次反诈宣传活动得到了高校师生的广泛认可与积极参与。大家纷纷表示，通过此次宣传，不 仅认清了各类诈骗手段的"真面目"，更掌握了实用的防骗方法，未来会主动向身边同学、家人、朋友传 播反诈知识，共同打造"全民反诈、校园无诈"的安全环境。（畅珊珊 张琳） ...

Market Performance - On October 24, the state-owned large bank sector increased by 0.13% compared to the previous trading day, with Bank of China leading the gains [1] - The Shanghai Composite Index closed at 3950.31, up 0.71%, while the Shenzhen Component Index closed at 13289.18, up 2.02% [1] Individual Bank Performance - Bank of China (601988) closed at 5.53 with a gain of 0.73%, trading volume of 4.3173 million shares, and a transaction value of 2.382 billion [1] - Agricultural Bank of China (601288) remained unchanged at 7.99, with a trading volume of 5.0591 million shares [1] - Industrial and Commercial Bank of China (601398) also remained unchanged at 7.84, with a trading volume of 3.2636 million shares [1] - Postal Savings Bank of China (601658) saw a slight decline of 0.17% to close at 5.99, with a trading volume of 2.0760 million shares [1] Fund Flow Analysis - The state-owned large bank sector experienced a net outflow of 85.046 million from institutional investors and 51.2904 million from retail investors, while retail investors saw a net inflow of 136 million [1] - Bank of China had a net inflow of 13 million from institutional investors but a net outflow of 132 million from speculative funds [2] - Agricultural Bank of China had a net inflow of approximately 19.87 million from institutional investors, while it faced a net outflow of 37 million from retail investors [2] - Postal Savings Bank of China experienced a significant net outflow of 137 million from institutional investors, despite a net inflow of 77.09 million from retail investors [2]

Core Viewpoint - Postal Savings Bank of China (PSBC) is actively responding to biodiversity protection and green development requirements by focusing on organic agriculture, green energy, and environmental protection, providing financial support for local biodiversity conservation and economic development [1][2] Group 1: Financial Support Initiatives - PSBC has optimized its credit allocation structure to support key areas of biodiversity protection, particularly in biomass energy utilization facilities, with a loan balance of 135 million yuan as of the end of September [1] - The bank has also invested in public environmental sectors such as water supply, sewage treatment, and heating, with loan balances of 33 million yuan for water supply, 126 million yuan for heating, and 1.9 million yuan for sewage treatment [1] Group 2: Service Model and Inclusive Finance - The bank has enhanced its service efficiency by collaborating with agricultural departments and guarantee institutions to address financing challenges for operational entities, resulting in 27 loans totaling 81 million yuan for a beef breeding project [1] - Additionally, PSBC partnered with a local agricultural company to provide 52 loans amounting to 9.84 million yuan to support upstream and downstream agricultural stakeholders, ensuring smooth financing channels for agricultural entities [1] Group 3: Future Plans - PSBC plans to further deepen its biodiversity financial services by optimizing credit processes and products, and expanding support areas to contribute more to local biodiversity protection and green inclusive development [2]

Core Viewpoint - Postal Savings Bank is focusing on enhancing financial services for agricultural products to support rural revitalization, having issued 897 million yuan in grain purchase loans to over 1,000 entities by the end of September [1]. Group 1: Financial Services Initiatives - The bank has established a three-tier leadership mechanism to promote summer grain purchases and rural revitalization [1]. - It has introduced a new credit product with a maximum limit of 3 million yuan and increased single loan limits to 5 million yuan during peak grain purchase seasons [1]. - The bank has expanded its dedicated rural revitalization customer manager team to 55, optimizing service delivery by transitioning from "customer visits" to "bank visits" for faster loan approvals [1]. - A total of 134 business outlets have been established, with 85.07% located in counties and below, along with 943 card acceptance terminals to enhance rural financial service accessibility [1]. Group 2: Challenges and Solutions - The bank faces challenges such as irregular operations of new agricultural entities, lack of collateral, negative online loan records affecting credit, and information asymmetry leading to delayed financing [2]. - To address these issues, the bank suggests exploring online collateralization of "two rights" and promoting government-backed special quotas to reduce financing costs [2]. Group 3: Future Plans - The bank plans to continue optimizing financial services for "vegetable basket" products to inject more financial momentum into rural revitalization efforts [3].

Core Insights - The Postal Savings Bank of China in Binzhou is focusing on supporting the "5210N" industrial cluster's high-quality development through enhanced credit offerings and collaboration with enterprises [1][2] - As of September 2025, the bank's credit balance for the "5210N" industrial cluster reached 4 billion yuan, covering multiple provincial-level characteristic industrial clusters [1] Group 1: Financial Support and Credit Allocation - The bank has strategically invested in the new energy sector, approving four photovoltaic and energy storage projects in 2025, with total loans amounting to 779 million yuan [1] - The bank is the lead bank for the 300MW fish-solar complementary photovoltaic project in Zhanhua District, taking on a share of 410 million yuan through a syndicate model, which helps mitigate risks and enhance industry collaboration [1] - The bank offers specialized services for small enterprises, providing credit products that cover various sectors, with a maximum credit limit of 10 million yuan and a term of up to three years [1] Group 2: Innovative Loan Products - In the personal loan sector, the bank has introduced a 3 million yuan credit loan for specific industries, increasing the property mortgage rate to 85% [1] - The bank is enhancing its support for small and micro enterprises by reducing the FTP rates on loans, thereby stimulating service capabilities [2] - Future plans include further deepening financial support to improve the quality and efficiency of the "5210N" industrial cluster [2]

Group 1 - The Hang Seng Index rebounded, closing up 0.72%, with the internet sector leading the gains, followed by banking, industry, technology, and real estate sectors [1] - The internet sector saw a rise of 1.07%, with Meituan up 4.06%, Alibaba up 1.67%, Tencent Holdings up 1.52%, JD Group up 1.5%, and Baidu Group up 1.22%. However, companies like SenseTime, Bilibili, and Kingdee International experienced declines [3] - The banking sector opened strong and maintained a consolidation above the midline, closing up 0.88%, with Postal Savings Bank rising 4.59% and Minsheng Bank up 2.39% [3] Group 2 - The consumer sector rebounded, closing up 0.35%, with notable gains from companies like Chenzi Biological up 6.68%, Li Ning up 6.55%, and Sands China up 4.4% [3] - The healthcare sector opened low and saw a slight reversal near the end, closing down 1.31%, with CSPC Pharmaceutical down 2.96% and China Biopharmaceutical down 2.78% [3]

Core Insights - The article highlights the top-performing stocks in the S&P China A-Share Dividend Opportunity Index, showcasing significant price increases and dividend yields [1] Group 1: Stock Performance - Tianshan Aluminum (002532.SZ) leads with a year-to-date increase of 68.53% and a recent gain of 5.12%, along with a dividend yield of 3.07% [1] - Postal Savings Bank of China (601658.SH) shows a year-to-date increase of 10.83% and a recent gain of 4.71%, with a dividend yield of 3.60% [1] - DeYe Co., Ltd. (605117.SH) has a year-to-date increase of 30.95% and a recent gain of 4.61%, with a dividend yield of 3.52% [1] - Mercury Home Textiles (603365.SH) reports a year-to-date increase of 22.70% and a recent gain of 4.35%, with a dividend yield of 4.68% [1] - Action Education (605098.SH) has a year-to-date increase of 22.78% and a recent gain of 3.51%, with a dividend yield of 5.45% [1] Group 2: Additional Notable Stocks - China Petroleum (601857.SH) shows a year-to-date increase of 8.39% and a recent gain of 3.15%, with a dividend yield of 5.12% [1] - Shenhuo Co., Ltd. (000933.SZ) has a year-to-date increase of 45.92% and a recent gain of 2.97%, with a dividend yield of 3.33% [1] - Yutong Bus (600066.SH) reports a year-to-date increase of 18.44% and a recent gain of 2.82%, with a dividend yield of 6.77% [1] - Tunnel Engineering (600820.SH) has a year-to-date increase of 2.68% and a recent gain of 2.73%, with a dividend yield of 4.48% [1] - Jiangsu Guotai (002091.SZ) shows a year-to-date increase of 22.25% and a recent gain of 2.14%, with a dividend yield of 4.66% [1]