| 代码 | 名称 | 收盘价 | 涨跌幅 | 成交量(手) | 成交额(元) | | --- | --- | --- | --- | --- | --- | | 601288 | 农业银行 | 8.18 | 2.38% | 522.01万 | 42.18 Z | | 601988 | 中国银行 | 5.59 | 1.08% | 441.06万 | 24.55 Z | | 601398 | 工商银行 | 7.91 | 0.89% | 391.99万 | 30.80 Z | | 601939 | 建设银行 | 9.43 | 0.75% | 142.23万 | 13.37亿 | | 601328 | 交通银行 | 7.28 | 0.69% | 345.89万 | 25.07亿 | | 601658 | 邮储银行 | 6.01 | 0.33% | 185.38万 | 11.09亿 | 证券之星消息，10月27日国有大型银行板块较上一交易日上涨1.47%，农业银行领涨。当日上证指数报 收于3996.94，上涨1.18%。深证成指报收于13489.4，上涨1.51%。国有大型银行板块个股涨跌见下表： | 代码 | 名称 ...

10月26日，国务院关于金融工作情况的报告（下称"报告（2025年）"）提请十四届全国人大常委会第十 八次会议审议，由中国人民银行行长潘功胜受国务院委托作汇报。 报告（2025年）系统梳理了2024年11月以来金融体系在支持实体经济、强化金融监管、深化改革开放、 防范化解风险等方面取得的成效，并明确了下一阶段六大工作方向： 落实落细适度宽松的货币政策，为巩固拓展经济回升向好势头营造适宜的货币金融环境； 进一步加强和完善金融监管，不断增强监管质效； 突出金融服务实体经济重点方向，着力提供高质量金融服务； 持续深化金融供给侧结构性改革； 推进金融高水平双向开放，维护国家金融安全； 防范化解重点领域金融风险，守住不发生系统性金融风险的底线。 就在报告（2025年）提交前几日，工行、农行、建行、中行、交行、邮储银行六大行在召开党委扩大会 传达学习党的二十届四中全会精神时，以一系列具体举措回应政策导向，这些措施与报告（2025）提及 的下一步工作方向相契合，展现出了金融系统全力护航经济高质量发展的决心与行动共识。 21世纪经济报道记者 郭聪聪 报告（2025年）强调："落实落细适度宽松的货币政策，为巩固拓展经济回升向好 ...

中国共产党第二十届中央委员会第四次全体会议于10月20日至23日在北京举行。全会审议通过了《中共 中央关于制定国民经济和社会发展第十五个五年规划的建议》，擘画了中国未来5年的发展蓝图，提出 了"十五五"时期经济社会发展的主要目标，宣示了乘势而上、接续推进中国式现代化的坚定决心。 党的二十届四中全会精神在银行业金融机构广大干部员工中引发热烈反响。大家纷纷表示，要承担好金 融工作的时代使命与历史重任，将岗位职责融入发展大局，为中国式现代化建设贡献金融力量。 "坚持把发展经济的着力点放在实体经济上""充分激发各类经营主体活力""加大保障和改善民生力度， 扎实推进全体人民共同富裕"……围绕经济发展和民生保障，全会作出部署安排。 "要高水平做好金融'五篇大文章'。"农业银行上海分行党委书记、行长韩国强表示，该行会校准好服务 实体经济的发展锚点，坚定不移地以更大力度和更实举措支持科技创新、绿色低碳、民营小微、乡村振 兴、银发经济、数字经济等重点领域融资需求，提升金融供给质效水平。 中国银行广东省分行行长柯建勋表示："我们将立足广东改革开放前沿、经济体量市场容量庞大、产业 科技创新优势显著等区域特点，在湾区互联互通、金融' ...

Investment Rating - The investment rating for the industry is "Positive" (maintained) [1] Core Insights - The report highlights that retail non-performing loan (NPL) rates and generation rates are currently high, indicating ongoing pressure on bank profitability. Despite a low overall NPL rate, the retail sector shows signs of risk, with a marginal increase in the NPL rate to 1.28% [14][15] - The transition period for new risk regulations is nearing its end, with concerns about the impact on banks' provisioning levels. However, the report suggests that the actual impact may be less severe than market expectations [16] - The trend of de-collateralization in bank lending is evident, driven by both business characteristics and strategic choices made by banks to reduce reliance on collateralized loans [17] Summary by Sections 1. Retail NPL and Generation Rates - The retail NPL rate has increased to 1.28%, with a steepening curve indicating ongoing risk. The generation rate for retail loans remains high, with significant increases noted in certain banks [14][18] - The report indicates that while the overall NPL rate is low, the divergence between overdue and NPL indicators suggests underlying risks in the retail sector [19] 2. Impact of New Risk Regulations - The new risk regulations will require banks to classify impaired loans as NPLs, potentially increasing reported NPL rates. However, the report anticipates that the actual provisioning pressure may be manageable [16][17] 3. De-Collateralization in Lending - The report notes a significant decline in the proportion of collateralized loans, with banks shifting towards non-collateralized lending strategies. This shift is influenced by the need to manage risk more effectively [17][18] 4. Investment Recommendations - The report recommends certain state-owned banks due to their customer base advantages and manageable retail risk pressures. It also highlights specific banks such as CITIC Bank and Agricultural Bank of China as beneficiaries of this trend [6]

截至6月30日，邮储银行股东户数16.41万，较上期减少10.31%；人均流通股415086股，较上期增加 11.66%。2025年1月-6月，邮储银行实现营业收入0.00元；归母净利润492.28亿元，同比增长0.85%。 分红方面，邮储银行A股上市后累计派现1377.96亿元。近三年，累计派现773.95亿元。 机构持仓方面，截止2025年6月30日，邮储银行十大流通股东中，香港中央结算有限公司位居第四大流 通股东，持股9.42亿股，相比上期增加6082.63万股。华夏上证50ETF（510050）位居第六大流通股东， 持股2.16亿股，相比上期增加1291.59万股。华泰柏瑞沪深300ETF（510300）位居第七大流通股东，持 股1.97亿股，相比上期增加1590.72万股。易方达沪深300ETF（510310）位居第九大流通股东，持股 1.40亿股，相比上期增加1321.26万股。 邮储银行今年以来股价涨8.34%，近5个交易日涨3.35%，近20日跌2.81%，近60日涨4.82%。 资料显示，中国邮政储蓄银行股份有限公司位于中国北京市西城区金融大街3号,香港湾仔皇后大道东 248号大新金融中心4 ...

Core Viewpoint - The A-share listed banks are expected to show overall revenue and net profit growth in the third quarter of 2025, with improvements in asset quality and a narrowing decline in net interest margins [1][2][3]. Group 1: Financial Performance - Huaxia Bank reported operating income of 64.881 billion yuan, a year-on-year decrease of 8.79%, and net profit attributable to shareholders of 17.982 billion yuan, down 2.86%, with a narrowing decline of 5.09 percentage points compared to the first half of the year [1]. - Chongqing Bank achieved operating income of 11.740 billion yuan, a year-on-year increase of 10.40%, and net profit of 5.196 billion yuan, up 10.42% [2]. - Ping An Bank reported operating income of 100.668 billion yuan, a year-on-year decrease of 9.8%, and net profit of 38.339 billion yuan, down 3.5%, with a narrowing decline compared to the first half of the year [2]. Group 2: Market Trends - Ten banks have seen shareholding increases from shareholders and executives this year, indicating a positive outlook for the banking sector amid macroeconomic stabilization and easing monetary policy [3]. - Analysts expect cumulative revenue and net profit for listed banks in the first three quarters of 2025 to grow by 0.4% and 1.1% year-on-year, respectively, driven by a narrowing decline in net interest margins and reduced credit costs [3]. Group 3: Interest Margin Outlook - Zhongtai Securities suggests that the net interest margin for banks may stabilize in the third quarter due to reduced re-pricing pressure on assets and a greater decline in deposit rates compared to the Loan Prime Rate (LPR) [4]. - The projected increase in net interest margin for the third and fourth quarters is 0.7 basis points and 0.3 basis points, respectively, indicating stability in the banking sector [4]. Group 4: Related Stocks - Goldman Sachs reported that the A-shares and H-shares of major banks have recorded absolute returns of 12% and 21% year-to-date, driven by improvements in asset quality and narrowing declines in net interest margins [5]. - Ping An Insurance increased its stake in Postal Savings Bank, acquiring 6.416 million shares at an average price of 5.3638 HKD per share [6].

Core Insights - The article emphasizes the abundance of bank wealth management products with similar names and vague characteristics, urging investors to carefully select and differentiate among them [1] - The South Finance Wealth Management team focuses on pure fixed-income products issued by wealth management companies, providing a performance ranking of these products to assist investors in making informed choices [1] Summary by Category Product Performance - The ranking showcases annualized performance over the past month, three months, and six months, sorted by the three-month annualized yield to reflect multi-dimensional performance amid recent market fluctuations [1] - A total of 28 distribution institutions are involved in the ranking, including major banks such as Industrial and Commercial Bank of China, Bank of China, and Agricultural Bank of China [1] Product Availability - The ranking is based on the "on-sale" status of wealth management products, which may vary due to factors like sold-out quotas or differences in product listings for different customers [1] - Investors are advised to refer to the actual display on the distribution bank's app for the most accurate information regarding product availability [1]

Core Insights - The article emphasizes the abundance of bank wealth management products with similar names and vague characteristics, urging investors to carefully select and differentiate among them [1] - The South Finance Wealth Management team aims to reduce investors' selection costs by focusing weekly on the performance of wealth management products available through various distribution channels [1] Summary by Category Performance Rankings - The current focus is on the performance of public offering products with a minimum holding period in RMB, categorized by holding periods of 7 days, 14 days, 30 days, and 60 days, with annualized returns as the performance metric [1] - The ranking includes 28 distribution institutions such as Industrial and Commercial Bank of China, Bank of China, Agricultural Bank of China, and others [1] Product Availability - The list of products is based on their "on-sale" status, which is determined by their investment cycle; however, actual availability may vary due to factors like sold-out quotas or differences in product listings for different customers [1] - Investors are advised to refer to the actual display on the distribution bank's app for the most accurate information [1] Weekly Updates - The article provides a weekly update on the performance of wealth management products, with specific attention to the lowest holding period products for the week of October 27 to November 2 [5][8][11]

上门服务，为农户送去"及时雨" 收获的季节，抚顺市新宾满族自治县响水河子乡的田间地头，处处洋溢着喜悦。参农老姜望着晾晒 中的高丽参笑容满面："现在行情好，一斤能卖到34元，我这40亩地预计收入能有180万元。" 新宾县是我省重要的中药材种植与交易集散地。中药材是当地农民增收致富的"金钥匙"。邮储银行 抚顺市分行紧扣县域特色，将金融服务深入乡村肌理，通过资源倾斜、产品创新和服务下沉，积极探索 金融赋能产业、带动村强民富新路径。 老姜与邮储银行的缘分始于7年前的一笔15万元贷款。从最初的试水，到如今稳定种植40亩高丽 参，邮储银行见证并支持着他的每一步发展。"今年年初，邮储银行又给我发放了200万元的产业贷，用 于购买参苗、搭建遮光棚，还有生长期间的人工开支。"老姜说，"他们的贷款灵活又方便，有了资金保 障，我底气足了。这两年，我不仅种药材，还开始研究收购、售卖，路子越走越宽。"7年间，他在村里 盖起了新楼，开上了新车，日子越过越红火，身份也从单纯的种植户转变为收购药材的"小老板"。 延伸链条，让"原字号"逐步精品化 乡村全面振兴，需要产业链的延伸和价值链的提升。邮储银行的金融扶持不仅投向种植端，更延伸 至加工、 ...

临近年末，个别股份行分支机构已悄然开启揽储的冲刺。证券时报记者走访中发现，部分银行的揽储冲 劲正与精细化、分层分级的客户管理相结合，在确保一般性存款稳定的同时有效管控负债成本，从而进 一步推动经营可持续。 个别股份行"抢跑"揽储 "这算是我们行力度比较大的一次活动。"招商银行北京某支行的客户经理张可（化名）对记者表示，近 期已面向北京地区客户推出了核心资产达标后领取现金红包的活动，根据不同规则可领取20元、25元或 30元的现金红包。该行手机银行活动页面信息显示，最低门槛在达标日前完成核心资产由不足5万元升 至5万元及以上的，次日即可获得20元现金红包；总计将派发22.5万元现金红包，活动整体采取先到先 得规则。 张可还称，这是年末揽储的一项举措，"就是希望客户能把存款留在我们这里"。 10月上旬以来，有不少中小银行召开了四季度经营工作会议，其中山西、江苏、江西等地的农商行最为 集中。多家银行在会上强调打赢业务经营"收官战"同时，还要蓄力储能确保首季"开门红"，实现收官与 开局双赢。 在净息差持续承压的大背景下，不少中小银行正在推动新一轮的降息潮，主动降低存款利率上限，为利 润增长腾出空间。 "我们行现在一年 ...