Core Viewpoint - Postal Savings Bank of China is adjusting its credit card online channel services to integrate credit card functions into the "Postal Savings Bank App," discontinuing the "Postal Credit Card App" while ensuring that customer services remain unaffected [1][3]. Group 1: Company Actions - Postal Savings Bank announced the integration of credit card services into its main app, ceasing the use of the "Postal Credit Card App" [1]. - China Bank has also initiated a similar migration of credit card functions to the "China Bank App," with plans to stop the original app's download and registration [3]. - Other banks, including Jiangxi Bank and Beijing Rural Commercial Bank, have also closed or integrated their credit card apps into their main mobile banking platforms [5]. Group 2: Industry Trends - The integration of credit card services into main banking apps is part of a broader digital transformation strategy in the banking industry, driven by the need for efficiency and improved user experience [3][5]. - Financial institutions are responding to regulatory guidance to optimize or terminate underperforming mobile applications, which is leading to a trend of consolidating services into fewer apps [3]. - The shift towards a "main app + diversified lightweight touchpoints" model is expected to enhance user experience by reducing the need for multiple app logins and passwords [3].

Core Viewpoint - The A-share market has seen significant activity in private placements this year, with a total of 148 companies completing placements, raising a total of 788.9 billion yuan, marking a year-on-year increase of 455.31% [1][2][3]. Group 1: Market Activity - As of December 24, 2023, 438 A-share companies announced private placement plans, with 148 successfully completed, raising 788.9 billion yuan compared to 142.1 billion yuan in the same period last year [2]. - Major banks such as China Bank, Postal Savings Bank, and others raised over 100 billion yuan each, primarily for liquidity support [2]. - The private placement market has transitioned from a simple financing tool to a crucial platform for industrial upgrades and integration [3]. Group 2: Industry Focus - The majority of companies engaging in private placements are from the technology sector, particularly electronics, power equipment, and communications [4]. - The electronics industry is highlighted as a key area of interest, driven by its strategic importance and the need for technological advancements [4][5]. - The demand for funds in the AI and semiconductor sectors is particularly strong, supported by favorable policies and market preferences [5]. Group 3: Future Outlook - The private placement market is expected to remain active in 2026, with a focus on mergers and acquisitions, and an increase in institutional participation [7][8]. - The market is anticipated to evolve towards higher quality developments, with a shift from discount-driven to profit-supported valuations [8]. - Continuous policy support is expected to enhance the role of private placements in resource integration and value discovery, making it a key capital market hub for fostering new productive forces [8].

南开大学金融发展研究院院长田利辉表示，2025年以来，A股定增市场呈现显著的量价齐升态势，已成 为上市公司融资的绝对主渠道。定增市场已从简单的"补血"手段，升级为产业升级与整合的重要资本平 台。 ● 本报记者 吴玉华 今年以来，A股上市公司定增显著活跃。Wind数据显示，截至12月24日（按发行日期计），今年以来A 股市场已有148家上市公司定增落地，增发股份数量合计为1010.20亿股，增发募资总额为7888.95亿元， 同比增长455.31%，来自电子、电力设备、通信、计算机等科技板块的上市公司数量较多。 分析人士认为，政策"组合拳"精准发力，为定增市场注入源头活水。2025年以来，A股定增市场呈现显 著量价齐升态势，硬科技与新兴产业成为核心聚焦领域，2026年定增市场维持较高活跃度的可能性较 大。 募资额同比增逾四倍 今年以来，A股上市公司定增显著活跃。 Wind数据显示，截至12月24日，今年以来A股市场共有438家上市公司发布定增预案公告，按定增发行 日期计算，已有148家上市公司定增落地，增发股份数量合计为1010.20亿股，增发募资总额达7888.95亿 元。而在2024年同期，仅有128家上市 ...

| 2025年商业银行主要监管指标一览(单位: 万亿元) | | --- | | 指标 | 2024年 | 2025年 | 2025年 | 2025年 | | --- | --- | --- | --- | --- | | | 12月末 | 3月末 | 6月末 | 9月末 | | 总资产(法人口径) | 380.52 | 394.29 | 402.89 | 409.63 | | 其中:国有大行 | 190.26 | 198.49 | 204.22 | 208.15 | | 国有大行总资产占比 | 50.00% | 50.34% | 50.69% | 50.81% | | 不良贷款占比 | 1.50% | 1.51% | 1.49% | 1.52% | | 拨备覆盖率 | 211.19% | 208.13% | 211.97% 207.15% | | | 核心一级资本充足率 | 11% | 10.70% | 10.93% | 10.87% | 这一年，经济周期深刻影响着每一个经济体、每一个行业。银行业犹如在一片并不平静的海域上航行的巨舰，汹涌的浪花不断拍打着船舷—— 有利率下行带来的息差之困，有风险暴露拉响的警 ...

Group 1 - The announcement states that from December 26, 2025, China Postal Savings Bank will act as a sales agent for the Zhongyou Health and Entertainment Flexible Allocation Mixed Securities Investment Fund [1] - The fund manager will bear the costs related to information disclosure, accounting, and legal fees during the fundraising period, which will not be paid from the fund's assets [1] - The fund manager's senior management and heads of investment and research departments will subscribe to a total of 500,000 to 1,000,000 fund shares, while the fund manager has not subscribed to any shares [1] Group 2 - Investors can conduct account opening, subscription, redemption, and regular investment through Postal Savings Bank starting from December 26, 2025 [3] - The initial subscription and additional subscription amounts have been adjusted to a minimum of 0.01 yuan, subject to Postal Savings Bank's regulations [3] - The fee rate for subscription and regular investment will not have discount limits, and if the original fee rate is a fixed fee, it will be executed at the original rate without discounts [3]

Core Insights - Digital finance is rapidly transforming the financial system and is becoming a key driver for high-quality economic development, but it also brings significant data security risks [1][4] - The application of technologies like AI, blockchain, and quantum computing in finance presents complex security challenges that require comprehensive risk management strategies [5][6] Group 1: Digital Finance Development - Digital finance is a core pillar of the digital economy, reshaping financial services such as digital wallets and face recognition payments [1] - Financial institutions are innovating business models to be customer-centric, offering personalized financial products and integrating services into various life scenarios [2] - Major banks like ICBC and China Merchants Bank are leveraging AI to enhance customer service and operational efficiency, with ICBC launching over 100 AI applications [2][3] Group 2: Data Security Risks - Data security risks in digital finance are characterized by high concentration, rapid cross-industry transmission, and strong concealment of technical means [1] - The application of generative AI and other technologies can lead to dual risks, including unauthorized data scraping and potential leaks of sensitive financial information [5][6] - The financial sector faces challenges from API misuse, third-party cooperation vulnerabilities, and the inherent risks of emerging technologies like blockchain and quantum computing [6][7] Group 3: Regulatory and Risk Management - Regulatory bodies emphasize the importance of balancing innovation with risk control, ensuring that financial markets remain stable and orderly [4] - Experts suggest that financial institutions should enhance their data protection measures, develop regulatory technology, and establish comprehensive data governance frameworks [8][9] - There is a call for the establishment of unified data security standards and collaborative capabilities across the industry to avoid security silos [9]

新京报贝壳财经讯（记者黄鑫宇）中国邮政集团有限公司（下称"邮政集团"）近日在官方微信公众号披 露，在2025年12月23日召开的党组会议上，该集团宣布了中共中央组织部关于芦苇、刘建军的职务任免 决定。芦苇将出任邮政集团副总经理、党组成员，同时免去刘建军的邮政集团副总经理、党组成员职 务。相关职务任免按有关法律规定办理。 四年半前（即2021年6月1日），邮政集团党组召开会议，宣布了中共中央组织部关于刘建军任职的通 知：经研究，刘建军任邮政集团党组成员、副总经理。此后的2021年8月，他出任邮储银行行长。 刘建军现任邮储银行党委书记、行长。同样根据公开信息，他1965年8月出生，目前已年满60周岁。 Wind显示，截至2025年9月末，邮储银行总资产规模约为18.61万亿元，同比增长11.10%。 编辑 岳彩周 校对 柳宝庆 公开信息显示，芦苇系"70后"、出生于1971年10月，今年54周岁。1994年7月至1997年1月，他就职于北 京青年实业集团公司。1997年1月，芦苇加入中信银行，历任总行计划财务部（现财务会计部）副总经 理、总经理，资产负债部总经理，香港分行筹备组副组长，中信银行董事会秘书，深圳分行 ...

Core Insights - The article emphasizes that mobile banking has evolved from being merely an online channel for financial services to a benchmark for assessing a bank's technological strength, user-centric thinking, and strategic foresight [1] - Postal Savings Bank of China (PSBC) has maintained the top position in user experience for mobile banking for three consecutive years, indicating its continuous evolution and responsiveness to user needs in the digital service sector [1][2] - The launch of the "AI2ALL" digital ecosystem and the mobile banking version 11.0 marks a significant transformation for PSBC, aiming to redefine digital financial services as a "smart partner" that understands user needs in the AI era [1][2] Digital Transformation - PSBC initiated a comprehensive reconstruction of its core system in 2022 to address service demands from its vast customer base, aiming to create a secure, agile, and self-controlled digital foundation [2] - The bank's digital strategy focuses on integrating AI applications across its operations, with plans for nearly 260 AI application scenarios to enhance customer service and operational management [2][3] Operational Efficiency - The bank has achieved a significant increase in its mobile banking user base, reaching 386 million personal mobile banking customers and nearly 86 million monthly active users as of June 2025 [4] - The operational model has shifted from one-way information push to a comprehensive customer engagement approach, enhancing user experience through a full-link intelligent operation system [7] Ecosystem Integration - PSBC has developed an ecological collaborative platform that allows for seamless integration of various financial services, providing a one-stop view for users to manage different types of benefits and services [8] - The bank's strategy includes creating localized service areas that cater to specific regional needs, enhancing the relevance of its offerings to everyday life [8] Service Innovation - The mobile banking version 11.0 introduces an AI-driven interaction model that simplifies complex financial operations into conversational commands, enhancing user experience [10][11] - The new version also features personalized service recommendations based on user behavior, aiming to make financial services more intuitive and accessible [11] Security Enhancements - Version 11.0 incorporates a multi-layered security system that includes a "social trust" dimension, allowing for collaborative protection against high-risk transactions [12] - New identity verification methods, such as voice verification through phone calls, have been introduced to strengthen account security [12]

与往年相比，今年末各家银行的年终奖理财营销策略呈现出明显的不同。 在普益标准研究员付翘楚看来，其变化主要体现在两个路径上：一是各家银行提供一站式综合资产配置 方案。部分银行致力于通过整合存款、理财、基金、保险、贵金属等全品类金融产品，为客户构建覆盖 多场景需求的一站式解决方案；二是聚焦专业资产配置服务，一些银行的营销重点并非简单罗列产品， 而是直接提供基于客户风险偏好与资金用途的配置策略与投资逻辑。 记者注意到，近日，广发银行梅州分行针对年终奖理财为投资者制定资产配置攻略，建议投资者采 用"保守+稳健+进取"的阶梯式策略进行资产配置，为不同风险承受能力的资金部分匹配相应产品。 "距离发放年终奖还有一个多月，手机银行就接连收到理财推荐了。"在北京从事互联网运营工作的赵先 生对记者说道，自己的年终奖预计在2026年1月底发放，最近有不少银行陆续推送了年终奖专属理财活 动，他已经提前开始考虑这笔资金的打理方式。 岁末年初，年终奖成为职场人翘首以盼的"年终大礼"，这笔规模可观的闲置资金也如期成为各家银行及 理财公司的必争之地。 记者梳理发现，2025年岁末至今，交通银行、邮储银行（601658）、广发银行等多家机构已 ...

Core Insights - The article discusses the upcoming year-end bonus distribution and the competitive marketing strategies employed by various banks to attract customers for investment products [1][6]. Group 1: Year-End Bonus Investment Strategies - Several banks, including Bank of Communications, Postal Savings Bank, and Guangfa Bank, have launched exclusive financial products aimed at year-end bonuses, utilizing online activities and personalized asset allocation strategies [1][6]. - Bank of Communications has introduced a special financial product called "Lingdong Tianli No. 6 New Salary Treasure," which offers an annualized yield of 4.76% over the past three months [1][6]. - Postal Savings Bank has featured three exclusive products in its mobile banking app, with one product, "Yousheng·Hongjin," also achieving an annualized yield of 4.76% since its inception [2][7]. Group 2: Changes in Marketing Strategies - Compared to previous years, banks are now focusing on providing comprehensive asset allocation solutions that integrate various financial products, including deposits, investments, funds, and insurance [3][8]. - The marketing approach has shifted from merely listing products to offering tailored asset allocation strategies based on customer risk preferences and funding purposes [3][8]. - The industry is transitioning towards a customer-centric model, emphasizing professional financial planning and advisory services rather than just product sales [3][8]. Group 3: Investor Guidance - Experts recommend that investors assess their financial situation and clarify the intended use and timing of their year-end bonus before making investment decisions [4][9]. - Investors should objectively evaluate their risk tolerance, typically favoring lower-risk products for conservative investors [4][9]. - It is advised that investors maintain independent judgment and critically evaluate marketing claims, understanding that performance benchmarks are not guarantees of principal or returns [4][9].