Core Insights - The report focuses on fixed income + products issued by wealth management companies, highlighting superior performing products available for investors through distribution channels [1] - A ranking of products is provided based on their annualized performance over the last month, three months, and six months, with a particular emphasis on the three-month annualized yield to reflect their performance amid recent market fluctuations [1] Distribution Channels - The report includes a list of 28 distribution institutions, which consist of major banks such as Industrial and Commercial Bank of China, Bank of China, Agricultural Bank of China, and others [1] Product Performance - The ranking showcases various products with their respective annualized yields, indicating the performance metrics over different time frames, such as 2.64% for one month and 9.11% for three months for a specific product [5] - The data is sourced from the South Finance Financial Terminal, with statistics as of February 5, 2026, providing a snapshot of the current market offerings [5][10]

Core Insights - The article focuses on the performance of minimum holding period RMB public offering products, ranking them based on annualized returns for holding periods of 7, 14, 30, and 60 days [1] Group 1: 7-Day Holding Period Products - The top-performing product is from Minsheng Bank with an annualized return of 7.56% [5] - Other notable products include a 6.98% return from Shanghai Bank and a 6.04% return from Minsheng Bank [5] Group 2: 14-Day Holding Period Products - The leading product is from Minsheng Bank with a return of 7.39% [8] - China Bank follows with a return of 4.44% [8] Group 3: 30-Day Holding Period Products - The highest return is 18.14% from Hangzhou Bank [12] - Other significant returns include 12.34% from Minsheng Bank and 9.72% from Minsheng Bank [12][13] Group 4: 60-Day Holding Period Products - The top product is from China Bank with a return of 9.33% [15] - Other products include 5.95% from Shanghai Bank and 5.54% from Huaxia Bank [15][16]

Investment Rating - The industry rating is "Buy" [4] Core Views - The trade return ratio has turned positive again, and the service trade deficit has significantly narrowed [16][18] - The cross-border capital flow is expected to gradually return, positively impacting domestic liquidity [5][19] - The service trade deficit for December 2025 was 966 billion CNY, a year-on-year decrease of 466 billion CNY, with a full-year deficit of 13,760 billion CNY, down 2,544 billion CNY, approximately 16% [18] Summary by Sections 1. Current Observation - The State Administration of Foreign Exchange (SAFE) released data on China's international balance of payments for December 2025, indicating a potential impact on the central bank's willingness to settle foreign exchange [16] - The trade return ratio is at a historical high, with a monthly unconverted trade net outflow of 447 billion CNY, a year-on-year increase of 1,392 billion CNY [17] 2. Arbitrage Trading Returns - The arbitrage trading return rate for 10Y US Treasury bonds in CNY has dropped significantly to -1.77%, indicating a shift in cross-border capital dynamics [17] 3. Service Trade Deficit - The service trade deficit has narrowed significantly, with major contributions from improved policies for foreign visitors, reduced international shipping costs, and enhanced competitiveness in high-tech services [18] 4. Cross-Border Liquidity Outlook - Despite the recent appointment of Kevin Warsh as the next Federal Reserve Chair, the trend of cross-border capital return is expected to continue, influenced by the Fed's monetary policy stance [19][21] - The short-term liquidity in the US remains tight, with limited space for balance sheet reduction, while long-term prospects depend on economic performance [20][21]

国家知识产权局信息显示，中国光大银行股份有限公司取得一项名为"一种区块链联盟建立方法及装 置"的专利，授权公告号CN116634001B，申请日期为2023年6月。 声明：市场有风险，投资需谨慎。本文为AI基于第三方数据生成，仅供参考，不构成个人投资建议。 天眼查资料显示，中国光大银行股份有限公司，成立于1992年，位于北京市，是一家以从事货币金融服 务为主的企业。企业注册资本4667909.5万人民币。通过天眼查大数据分析，中国光大银行股份有限公 司共对外投资了16家企业，参与招投标项目5000次，财产线索方面有商标信息208条，专利信息349条， 此外企业还拥有行政许可68个。 来源：市场资讯 ...

特此公告。 中国光大银行股份有限公司 关于董事任职资格核准的公告 本行董事会及全体董事保证本公告内容不存在任何虚假记载、误导性陈述或者重大遗漏，并对其内容的 真实性、准确性和完整性承担法律责任。 中国光大银行股份有限公司（简称本行）于近日收到《国家金融监督管理总局关于赵晶晶光大银行董事 任职资格的批复》（金复〔2026〕75号），国家金融监督管理总局已于2026年2月4日核准赵晶晶女士本 行董事的任职资格。 赵晶晶女士简要情况详见本行于2025年10月31日刊登在上海证券交易所网站（www.sse.com.cn）及本行 网站（www.cebbank.com）的《中国光大银行股份有限公司2025年第三次临时股东大会会议文件》。 股票代码：601818 股票简称：光大银行 公告编号：临2026-013 中国光大银行股份有限公司 董事会 2026年2月6日 ...

证券日报网讯 2月6日，光大证券在互动平台回答投资者提问时表示，光大证券和光大银行均为光大集 团旗下子公司，光大证券为光大集团唯一具有证券牌照的子公司。我国金融行业仍为商业银行业、证券 业分业经营的格局，混业经营政策尚未出台。《证券法》总则第六条规定，证券业和银行业、信托业、 保险业实行分业经营、分业管理，证券公司与银行、信托、保险业务机构分别设立。 （文章来源：证券日报） ...

格隆汇2月6日丨中国光大银行(06818.HK)发布公告，公司已于近日收到《国家金融监督管理总局关于赵 晶晶光大银行董事任职资格的批复》（金复[2026]75号），国家金融监督管理总局已于2026年2月4日核 准赵晶晶女士公司董事的任职资格。赵晶晶女士作为公司非执行董事、董事会战略委员会委员及审计委 员会委员的任职已生效。 ...

中国光大银行(06818)发布公告，公司已于近日收到《国家金融监督管理总局关于赵晶晶光大银行董事 任职资格的批复》(金复[2026]75号)，国家金融监督管理总局已于2026年2月4日核准赵晶晶女士公司董 事的任职资格。赵晶晶女士作为公司非执行董事、董事会战略委员会委员及审计委员会委员的任职已生 效。 ...

智通财经APP讯，中国光大银行(06818)发布公告，公司已于近日收到《国家金融监督管理总局关于赵晶 晶光大银行董事任职资格的批复》(金复[2026]75号)，国家金融监督管理总局已于2026年2月4日核准赵 晶晶女士公司董事的任职资格。赵晶晶女士作为公司非执行董事、董事会战略委员会委员及审计委员会 委员的任职已生效。 ...

China Everbright Bank Company Limited 6818 董事名單與其角色和職能 中國光大銀行股份有限公司（「本公司」）董事會（「董事會」）成員載列如下： 董事長，非執行董事 吳利軍 副董事長，非執行董事 崔勇 執行董事 郝成 齊曄 楊兵兵 非執行董事 趙晶晶 姚威 張銘文 李巍 獨立非執行董事 邵瑞慶 李引泉 劉世平 黃志凌 黃振中 劉俏 - 1 - 下表提供各董事會成員在董事會委員會中所擔任職務之信息。 | | | | | | | | 社會責任、 普惠金融 發展和 | | --- | --- | --- | --- | --- | --- | --- | --- | | 董事╱ 董事會委員會 | 戰略委員會 | 風險管理 委員會 | 審計委員會 | 提名委員會 | 薪酬委員會 | 關聯交易 控制委員會 | 消費者權益 保護委員會 | | 吳利軍 | C | | | M | | | | | 崔勇 | M | | | | | | | | 郝成 | M | C | | | | | C | | 齊曄 | | | | | | | M | | 楊兵兵 | | M | | | | | | | ...