Core Insights - The "Ice and Snow Artist Classroom" research project has been officially launched as part of Harbin's winter initiative, aiming to integrate ice sculpture heritage with quality education and promote a new consumption model in the ice and snow economy [1] - Everbright Bank is a core supporter of this project, focusing on "financial integration with tourism to promote consumption" and plans to provide comprehensive financial support for the development of the ice and snow economy through initiatives like the "Ice and Snow Festival" [1][2] - The "Ice and Snow Festival" will offer a full-service system that includes payment discounts, interest-free installment plans, and various consumer benefits to lower consumption barriers and stimulate market vitality [2] Financial Integration and Consumer Experience - The "Ice and Snow Festival" will focus on five core consumption scenarios: flights, hotels, tickets, equipment, and routes, with a comprehensive service system that includes exclusive credit card discounts and interest-free installment plans [2] - The festival will utilize a digital platform for easy access to discounts and extend financial services to on-site locations such as ski resorts and scenic areas, ensuring a seamless consumer experience [2] - The initiative aligns with national strategies to enhance consumption mechanisms and promote the ice and snow economy as a key driver for new consumption spaces and sustainable development [2] Industry Development and Future Outlook - The ice and snow economy is entering a golden opportunity for high-quality development, with a focus on collaborative growth across the entire industry chain [3] - Everbright Bank aims to leverage its financial capabilities to connect industry and consumption, contributing to the high-quality development of the economy and fostering a vibrant consumption environment [3]

威金罚决字〔2025〕28号显示，刁栋超（时任光大银行威海分行公司业务二部副总经理）被罚款5万元。 原文如下： 中国经济网北京1月9日讯 国家金融监督管理总局网站近日公布的威海监管分局行政处罚信息公开表（威金罚决字〔2025〕27号） 显示，中国光大银行股份有限公司威海分行流动资金贷款贷后管理不到位。威海金融监管分局对其罚款35万元。 | 序号 | 当事人名 | 行政处罚 决定书文 | 共思违法 | 行政处罚 | 作出决定 | | --- | --- | --- | --- | --- | --- | | | 称 | 름 | 违规行为 | 内容 | 机关 | | | 中国光大 银行股份 | 威金罚决 字 | 流动资金 贷款贷后 | 罚款35万 | 威海金融 | | 1 | 有限公司 | (2025) | 管理不到 | 元 | 监管分局 | | | 威海分行 小栋超 | 27号 | 位 | | | | | (时任光 | 威金罚决 | 流动资金 | | | | | 大银行威 | 字 | 贷款贷后 | | 威海金融 | | 2 | 海分行公 | | | 罚款5万元 | | | | 司 务二 | (2025) | 管 ...

二、中国光大银行应要求上述核准任职资格人员严格遵守金融监管总局有关监管规定，自中国光大银行 政许可决定作出之日起3个月内到任，并按要求在到任后10日内报告到任情况。未在上述规定期限内到 任的，本批复文件失效，由湛江金融监管分局办理行政许可注销手续。 三、中国光大银行应督促上述核准任职资格人员持续学习和掌握经济金融有关法律法规，牢固树立风险 合规意识，熟悉任职岗位职责，忠实勤勉履职。 2026年1月6日，湛江金融监管分局发布批复称，《中国光大银行（601818）广州分行关于核准王会超同 志任职资格的请示》（光银广字〔2025〕250号）收悉。经审核，现批复如下： 一、核准王会超中国光大银行股份有限公司湛江分行行长的任职资格。 ...

Market Performance - The banking sector saw a decline of 1.16% on January 8, with Pudong Development Bank leading the drop [1] - The Shanghai Composite Index closed at 4082.98, down 0.07%, while the Shenzhen Component Index closed at 13959.48, down 0.51% [1] Individual Bank Performance - CITIC Bank closed at 7.41, with a slight increase of 0.14%, while other banks like Zhejiang Commercial Bank and Minsheng Bank experienced declines of 0.33% and 0.52% respectively [1] - The largest decline was seen in Pudong Development Bank, which fell by 2.12% to close at 11.54 [1] Trading Volume and Capital Flow - The banking sector experienced a net outflow of 674 million yuan from main funds, while retail investors saw a net inflow of 313 million yuan [1] - The trading volume for CITIC Bank was 688,900 shares, with a transaction value of 507 million yuan, while the total transaction value for the banking sector was significant [1] Capital Inflow Analysis - Industrial Bank had a net inflow of 67.52 million yuan from main funds, but also saw a net outflow from retail investors of 63.06 million yuan [2] - Huaxia Bank experienced a substantial net outflow of 89.46 million yuan from main funds, despite a net inflow of 66.32 million yuan from speculative funds [2]

中国经济网北京1月8日讯 国家金融监督管理总局网站1月6日披露了沧州监管分局行政处罚信息公开表（沧金罚决字〔2025〕7号）。 | 序 | 当事人名称 | 行政处罚决定 | 主要违法违 | 行政处罚内 | 作出决定 | | --- | --- | --- | --- | --- | --- | | 름 | | 书文号 | 规行为 | 容 | 机关 | | 1 | 中国光大银行股 份有限公司沧州 分行 | | 贷中审查不 到位 | 罚款35万元 | | | 2 | 路红蕾(时任中 | 沧金罚决字 〔2025〕 7号 | 对贷中审查 | 整告 | 沧州金融 监管分局 | | | 国光大银行股份 | | | | | | | 有限公司沧州分 | | 不到位负有 | | | | | 行业务三部总经 | | 责任 | | | | | 彈) | | | | | 中国光大银行（601818）股份有限公司沧州分行贷中审查不到位，被处罚款35万元。时任中国光大银行股份有限公司沧州分行业务三部总经理路红蕾，对贷 中审查不到位负有责任，被处警告。 以下为原文： ...

Investment Rating - The industry investment rating is "Positive" (maintained) [1] Core Viewpoints - The report anticipates steady growth in wealth management, estimating an increase of 3.8 trillion yuan in 2026, driven by the gradual maturity of residents' "excess savings" [4][17] - The report highlights a seasonal pattern in wealth management growth, with Q1 typically showing lower figures due to seasonal adjustments, while Q2 to Q4 exhibit stronger growth [22][27] - The report emphasizes the importance of short-term products, particularly those with a minimum holding period of 1 month, which are expected to be the main growth drivers in the wealth management sector [30] Summary by Sections 1. Liability Side - Growth is assured, with "deposit migration" as the main catalyst, leading to an expected wealth management growth of 3.8 trillion yuan in 2026 [4][17] - The proportion of residents' fixed deposits peaked at 85.57% in mid-2023, but is projected to decline to 55.33% by the end of 2023 and 48.14% by the end of 2024, indicating potential for further decreases [4][17] 2. Product Side - Short-term products, particularly those with a minimum holding period of 1 month, are the fastest-growing segments, with annualized yields close to 3-year fixed deposit rates [5][30] - The report notes that the liquidity and yield of these products make them attractive to wealth management clients, with non-managed daily opening and short-term products showing significant growth [5][30] 3. Asset Side - Deposits serve as the main base for wealth management, but their ability to contribute excess returns is limited as high-interest agreements mature [6][17] - The report suggests that credit bonds are becoming more attractive due to a steepening yield curve, with a focus on finding relatively high-yielding assets [6][17] - The report indicates that the allocation to equity products remains low, with a focus on "fixed income plus" strategies, reflecting clients' risk preferences [7][20] 4. Investment Recommendations - In a low-interest environment, wealth management subsidiaries with diverse product lines, strong research capabilities, and extensive distribution channels are expected to have a competitive advantage. Recommended banks include CITIC Bank and China Everbright Bank, with beneficiaries including Shanghai Pudong Development Bank, Hangzhou Bank, and Beijing Bank [8][16]

Core Viewpoint - A customer of Everbright Bank's "Lehui Jin" quasi-credit card reported an overdue status on their credit report despite normal usage of the overdraft limit, which was later rectified after multiple negotiations [1][2] Group 1: Customer Experience - The customer claimed that their credit report showed an overdue status while they were using the overdraft limit normally, and it was only after several discussions that the repayment record was removed from the credit system [1][2] - Everbright Bank's customer service stated that as long as customers make timely and full repayments, there should be no overdue issues [2] Group 2: Product Status - The "Lehui Jin" quasi-credit card was discontinued in 2023, but existing customers can still use their cards without any service interruption [2] - Customers are advised to monitor bank announcements for any future changes regarding the card services [2] Group 3: Technical Issues - Following the overdue report, the customer found an astonishing debt of 1 trillion yuan displayed on the Cloud Flash Payment App, which was not reflected in Everbright Bank's transaction records [1][2] - Everbright Bank's customer service directed the customer to inquire with China UnionPay regarding the discrepancies in the Cloud Flash Payment App [2] - China UnionPay's customer service reported that they had not found any related issues [2]

Core Viewpoint - A customer of Everbright Bank reported issues with their credit report, indicating overdue payments despite normal repayment behavior, leading to loan rejections from other financial institutions. The situation escalated when the customer discovered a bizarre debt of 1 trillion yuan displayed on a third-party app, which was not reflected in the bank's records [1][6][18]. Group 1: Customer Experience and Issues - The customer, Mr. Qin, has been using a "Lehui Jin" quasi-credit card from Everbright Bank since 2015, with a credit limit of 100,000 yuan, and has never missed a payment [3][14]. - In 2022, Mr. Qin faced repeated loan rejections due to a credit report showing overdue payments, which he later discovered were misclassified as overdue when they were actually just overdraft statuses [3][15]. - The customer found that the quasi-credit card's repayment records were marked as "1" and "2," indicating overdraft periods rather than actual overdue payments, which led to confusion and misinterpretation by other banks [4][12]. Group 2: Bank's Response and Policy - Everbright Bank's customer service acknowledged the possibility of errors in third-party platforms displaying incorrect debt amounts, suggesting that the customer should verify with the bank directly [2][13]. - The bank stated that the "Lehui Jin" quasi-credit card has been discontinued in 2023, but existing customers can still use it. Changes to the card's repayment terms were made, including a new billing cycle and reporting practices [5][17]. - The bank clarified that the repayment statuses of "1" and "2" are reported to the credit system and do not affect the customer's credit report negatively, despite the customer's claims of adverse effects on loan applications [5][17]. Group 3: Industry Context and Implications - Quasi-credit cards, like the "Lehui Jin," are a unique product in China, requiring customers to deposit collateral and typically not offering interest-free periods, which can lead to misunderstandings regarding repayment statuses [20][23]. - There is a growing concern among quasi-credit card holders, particularly small business owners, about being unfairly classified as overdue, which can severely impact their ability to secure loans and maintain business operations [10][21]. - Industry experts emphasize the need for banks to distinguish between quasi-credit card overdrafts and actual overdue payments in their credit assessment processes to prevent misclassification and its consequences [12][23].

来源：新黄河 "我正常还款却被当成了'逾期'，云闪付上还显示我应还款1000万亿元！"1月6日，广东市民覃先生向新 黄河记者反映，自己此前办理了一张光大银行准贷记卡，在正常使用透支额度的情况下，征信报告却显 示"逾期"，致使被其他金融机构解读为征信有问题而无法顺利贷款。在多番交涉下，这张卡的还款记录 才被移出征信系统。 然而，一个月后，覃先生又发现，在云闪付App上查询到这张卡上竟然有1000万亿元欠款。这笔欠款仅 在云闪付信用卡还款中显示，在光大银行的流水中却查询不到。 正常还款却在征信显示"逾期"？ 覃先生在广东中山经营一家制衣厂，2015年，他在光大银行中山分行注册办理了一张"乐惠金"准贷记 卡，透支额度是10万元，办卡使用以来，从未逾期还款，每年1088元的年费也按时交。2022年，覃先生 去其他金融机构办理贷款业务时却屡屡遭到拒绝，被告知个人征信出了问题。于是，覃先生通过央行征 信中心打印了征信报告，发现这张准贷记卡2021年8月还款记录被标记为1；从2021年9月—2022年7月均 被标记为2。"银行信贷员和我说，1表示逾期1—30天；2表示逾期31—60天，所以才造成了我的贷款被 拒。"覃先生解 ...

Core Viewpoint - China Everbright Bank announced the approval of the redemption of its third phase preferred shares, pending regulatory approval, with a planned redemption date set for February 11, 2026 [1][3]. Group 1 - The board of directors approved the proposal to exercise the redemption rights for the third phase preferred shares on October 30, 2025 [1][3]. - The bank has received no objections from the National Financial Regulatory Administration regarding the redemption of the third phase preferred shares [1][3]. - The redemption will be conducted at the price specified in the preferred share offering document [1][3].