Core Viewpoint - The surge in gold prices has led to a significant increase in demand for bank safe deposit boxes, resulting in a shortage of available boxes in Beijing banks [1][4]. Group 1: Demand for Safe Deposit Boxes - There is a booming demand for safe deposit boxes as residents are increasingly investing in gold, with reports indicating that many banks are fully booked and customers are facing long waiting lists [1][2]. - Some banks have reported waiting lists exceeding 100 people, with estimates suggesting that new customers may not be able to rent boxes until 2026 [2][4]. Group 2: Supply Constraints - The supply of safe deposit boxes has not kept pace with the rising demand, as only larger bank branches typically offer this service, and many smaller branches do not have safe deposit box facilities [1][6]. - Factors such as space limitations and high maintenance costs have prevented banks from expanding their safe deposit box offerings, leading to a decline in the availability of this service [6]. Group 3: Pricing and Variability - Different banks offer various sizes and pricing structures for safe deposit boxes, with significant differences in rental fees based on box dimensions [3][4]. - For example, at China Merchants Bank, the smallest box has a monthly rental fee of 50 yuan, while larger boxes can cost up to 42,000 yuan annually [3]. Group 4: Investor Sentiment and Alternatives - Investors express concerns about the safety of storing physical gold at home, leading many to prefer bank safe deposit boxes for their perceived security [5]. - Some investors are considering alternatives such as home safes due to the high rental costs and long wait times associated with bank safe deposit boxes [7]. Group 5: Innovations and Promotions - To address the supply-demand imbalance, some banks are exploring smart upgrades and promotional offers to attract customers, such as free rental periods for new clients purchasing gold products [7]. - For instance, Qingdao Rural Commercial Bank has offered promotional incentives for customers purchasing gold products, including free usage of safe deposit boxes for a limited time [7].

Core Insights - The demand for bank safe deposit boxes has surged due to rising gold prices and geopolitical risks, leading to a situation where many banks are fully booked and customers are facing long wait times to rent a box [1][5]. Group 1: Market Demand - Since 2025, the continuous rise in gold prices has fueled investor interest in acquiring gold, resulting in a significant increase in demand for bank safe deposit boxes [5]. - Many investors prefer to store their physical gold in bank safe deposit boxes for security reasons, as they feel safer compared to keeping it at home [6]. Group 2: Supply Constraints - Banks are experiencing a shortage of available safe deposit boxes, with reports indicating that all models are currently rented out and customers are waiting in line, sometimes with over a hundred people ahead [2][5]. - The supply of safe deposit boxes has not kept pace with the growing demand, leading to a situation where potential renters are advised to wait for existing customers to vacate their boxes [6]. Group 3: Pricing Structure - Different banks have varying pricing structures for their safe deposit boxes, with fees based on the size and type of the box. For example, the smallest box at China Merchants Bank has a monthly rental fee of 50 yuan, while the largest can cost up to 42,000 yuan annually [3][4]. - The pricing for safe deposit boxes at Ping An Bank also varies significantly, with the smallest box costing 100 yuan per month and the largest reaching 15,000 yuan annually [4].

Core Viewpoint - The reservation for the Year of the Horse commemorative coins and banknotes has officially started, but many users are facing difficulties in securing their reservations due to high demand and technical issues with banking apps [1][3][5]. Group 1: Reservation Issues - The reservation process for the Year of the Horse commemorative coins and banknotes has become a trending topic on social media, with many users expressing frustration over the inability to secure their reservations despite being online at the designated time [3][5]. - Users reported various issues with banking apps, including page loading failures and system crashes, leading to a significant number of complaints about the reservation process [6][8]. - Bank representatives attributed the technical difficulties to the overwhelming number of simultaneous reservation attempts, stating that the systems were functioning normally despite the high traffic [8][10]. Group 2: Pricing and Market Demand - The official prices for the commemorative coins and banknotes are set at 200 yuan for a set of 20 coins and 400 yuan for a set of 20 banknotes, totaling 600 yuan [1][12]. - However, on secondary trading platforms, the prices for these sets have surged, with listings exceeding 1000 yuan and some reaching as high as 1500 yuan, indicating a strong demand in the collector's market [11][12]. - The popularity of commemorative coins and banknotes has been described as "phenomenal," with previous releases also experiencing similar high demand and rapid sellouts [14].

Core Insights - The article highlights the successful integration of modern agricultural practices and financial support in Wushan County, Gansu, leading to enhanced agricultural productivity and economic development [1][2] Group 1: Financial Support and Agricultural Development - Postal Savings Bank has invested 4 million yuan in building smart greenhouses, enabling farmers to adopt advanced agricultural techniques and significantly improve their yields [1] - The bank's "Shan Shang You Dai" initiative, along with other financial products, provides essential funding and support to farmers, addressing their challenges in cultivation [1][2] - The bank collaborates with government agencies to offer technical guidance, helping farmers overcome barriers related to knowledge and confidence in farming [1] Group 2: Technological Integration in Agriculture - Modern greenhouses in Wushan County utilize technology such as remote control via mobile apps and IoT sensors for real-time monitoring of environmental conditions [2] - Farmers are shifting from traditional experience-based methods to data-driven approaches, enhancing their ability to manage crops effectively [2] - The introduction of high-tech solutions is expected to double the market price of certain crops, such as the net melon, by the time they are harvested [2] Group 3: Broader Economic Impact - The Postal Savings Bank has implemented 18 support projects focusing on the "Five Major Revitalizations," which include infrastructure improvements and educational support [2] - The initiative aims to create a regional brand, "Shan Shang You Li," which has already generated over 20 million yuan in consumption assistance over two years [2] - The overarching strategy emphasizes a comprehensive approach to rural development, integrating industry, consumption, and finance [1][2]

Core Insights - The article highlights the success of the Yulu fragrant pear industry in Shanxi Province's Fenxi County, which has become a significant source of income for local residents, transforming their economic situation through a complete industrial chain from cultivation to sales [1][2] Group 1: Industry Development - The Yulu fragrant pear is recognized for its unique qualities, such as thin skin, thick flesh, high juice content, and sweet taste, making it a valuable product for local farmers [1] - The "Fengdengyuan" cooperative, established by Liu Dingshan, produces approximately 500,000 pounds of pears annually, providing members with both wages and dividends through a model of land dividends and local employment [1] - The cooperative's success has attracted young people back to the area, contributing to local economic revitalization [1] Group 2: Financial Support and Collaboration - Postal Savings Bank has played a crucial role in supporting the cooperative by providing tailored credit solutions to alleviate financial pressures associated with the initial investment in pear cultivation [1][2] - The bank's initiatives extend beyond loans, including the appointment of financial cadres to local government positions to enhance financial management and support local industries [2] - The bank has also invested in local infrastructure and community services, such as equipment for a toy factory and improvements in education and healthcare facilities, demonstrating a comprehensive approach to community development [2]

一年一度的生肖贺岁纪念币、纪念钞来了！ 今日，2026年马年贺岁纪念币将于22：00率先开启线上预约，同系列纪念钞则于22：30开始 预约，两款产品预约截止日期均为1月14日24时。据央行介绍，上述纪念币面额为10元，纪 念钞为20元，每人领取限额分别为20枚和20张。此外，承担此次预约兑换工作的银行包括工 商银行、农业银行、中国银行、建设银行、交通银行、邮储银行、华夏银行、浦发银行、徽 商银行、长沙银行和陕西省农村信用社联合社。 从近年市场表现看，生肖纪念币和纪念钞的火爆程度堪称"现象级"。2024年12月底，蛇年贺 岁纪念币钞预约通道开启几分钟，多地便已额度售罄，而龙年贺岁纪念币钞在二级市场依旧 保持较高溢价水平。 马年贺岁纪念币钞今晚开抢， 各地区承办银行有所不同 1月13日，2026马年贺岁纪念币、纪念钞即将开抢。其中，纪念币将于22：00率先开启线上 预约，同系列纪念钞则于22：30开始预约，两款产品预约截止日期均为1月14日24时。 从外形看，双色铜合金纪念币正面图案为"中国人民银行"、"10元"字样，汉语拼音字 母"SHIYUAN"及年号"2026"，底纹衬以团花图案。 此外，纪念钞正面主景为马 ...

Core Viewpoint - The banking sector shows resilience with significant stock price increases, driven by executive buybacks and insurance capital inflows, indicating strong confidence in the sector's fundamentals and long-term value [3][12]. Group 1: Market Performance - On January 13, the market experienced a pullback, but the banking sector remained active, with notable gains: Ningbo Bank up over 4%, Hangzhou Bank up over 3%, and several others including CITIC Bank and Chongqing Rural Commercial Bank up over 2% [1][9]. - The top-tier banking ETF (512800) saw an intraday price increase of over 1%, closing up 0.37% and surpassing the 5-day moving average [1][10]. Group 2: Executive Buybacks - The first executive buyback announcement of 2026 was made by Chongqing Rural Commercial Bank, where some directors and executives purchased 192,000 shares from the secondary market, with a maximum investment of 1.23 million yuan [3][12]. - Nanjing Bank reported that its major shareholder, Zijin Group, increased its stake by 123,472,060 shares, representing 1.00% of the total share capital, continuing from previous increases since September 2025 [3][12]. Group 3: Insurance Capital Inflows - Insurance capital has been actively purchasing bank stocks, with Ping An Life announcing it reached a 20% stake in China Merchants Bank H-shares, triggering a mandatory bid [3][12]. - In 2025, insurance capital made 41 stake increases, the highest in nearly a decade, with bank stocks accounting for about 40% of these actions, highlighting their dominance in this area [3][12]. Group 4: Seasonal Trends - Historically, the banking sector has performed well before the Spring Festival, with the Shenwan Banking Index showing over 80% win rate in the past decade, except for 2020 [4][16]. - The average absolute return of the Shenwan Banking Index before the Spring Festival is 4.4%, with an average excess return of 4.9% compared to the Shanghai Composite Index, making it the highest among 31 industry indices [4][16]. Group 5: Future Outlook - Factors expected to drive the banking sector's performance leading up to the Spring Festival in 2026 include continued growth policies, ongoing insurance asset scarcity, and increased market volatility [7][16]. - The banking ETF (512800) is noted for its efficiency in tracking the banking sector, with a current scale of 11.95 billion yuan and an average daily trading volume exceeding 800 million yuan since 2025, making it the largest and most liquid banking ETF in A-shares [7][16].

Group 1 - The core viewpoint of the news is that the state-owned large bank sector experienced a rise of 0.87% on January 13, with Agricultural Bank leading the gains, while the overall stock indices showed declines [1] - The Shanghai Composite Index closed at 4138.76, down 0.64%, and the Shenzhen Component Index closed at 14169.4, down 1.37% [1] - The trading performance of individual state-owned banks showed varied results, with Agricultural Bank rising by 1.20% to a closing price of 7.61, while China Communications Bank saw a slight decline of 0.14% to 7.09 [1] Group 2 - The net inflow of main funds into the state-owned large bank sector was 386 million yuan, while retail investors saw a net outflow of 12.61 million yuan [1] - The detailed fund flow for individual banks indicated that Agricultural Bank had a main fund net inflow of 158 million yuan, while Industrial and Commercial Bank also saw a significant inflow of 138 million yuan [2] - In contrast, China Bank experienced a net outflow of 30.41 million yuan from main funds, indicating a negative sentiment among investors [2]

+ CCS3678 PSBH + NAME(S) AND ADDRESS OF REGISTERED SHAREHOLDER(S) 登記股東之姓名及地址 (a joint stock limited liability company incorporated in the People's Republic of China) （於中華人民共和國註冊成立之股份有限公司） (Stock Code: 1658) (股份代號：1658) DIVIDEND CURRENCY ELECTION FORM FOR 2025 INTERIM DIVIDEND OF RMB1.23 PER 10 SHARES ("2025 INTERIM DIVIDEND") 二零二五年中期股息每 10 股人民幣 1.23 元（「二零二五年中期股息」） 股息貨幣選擇表格 Registered shareholders will automatically receive their cash dividends in Hong Kong dollars unless they elect to receive them in Renmin ...

Group 1 - The A-share banking sector remains active, with the China Securities Banking Index rising over 1% during the afternoon session on January 13, 2023, driven by significant gains in stocks such as Agricultural Bank of China, Hangzhou Bank, Chongqing Rural Commercial Bank, CITIC Bank, and Nanjing Bank [1] - The Tianhong Bank ETF (515290) has seen a trading volume exceeding 38 million yuan, indicating premium trading activity, and it encompasses 42 listed banks in A-shares, covering the entire spectrum of state-owned banks, joint-stock banks, and city commercial banks [1] - The People's Bank of China emphasized key priorities for 2026, including strict governance, effective implementation of moderately loose monetary policy, financial reform, and risk prevention [1] Group 2 - Following the recent dividend distributions, including Postal Savings Bank on January 12, Jiangsu Bank and China Merchants Bank are set to distribute dividends on January 14 and January 16, respectively, with Jiangsu Bank offering 0.3309 yuan per share (totaling 6.072 billion yuan) and China Merchants Bank offering 1.013 yuan per share (totaling approximately 20.897 billion yuan) [2] - Over half of the 42 listed banks in A-shares have implemented mid-term dividends for 2025, signaling robust profitability in the banking sector [2] - Analysts from Zheshang Securities anticipate a return to positive growth in net interest income for banks, while Longjiang Securities projects stable earnings growth for mainstream banks in 2026, highlighting the increased attractiveness of the PB-ROE valuation post-recent adjustments [2]