国家知识产权局信息显示，中国建设银行股份有限公司取得一项名为"一种数据权限控制方法、装置、 电子设备及存储介质"的专利，授权公告号CN114461610B，申请日期为2022年1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。 来源：市场资讯 天眼查资料显示，中国建设银行股份有限公司，成立于2004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26160038.1459万人民币。通过天眼查大数据分析，中国建设银行股份有 限公司共对外投资了36家企业，参与招投标项目5000次，财产线索方面有商标信息1897条，专利信息 5000条，此外企业还拥有行政许可149个。 ...

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。 来源：市场资讯 国家知识产权局信息显示，中国建设银行股份有限公司、建信金融科技有限责任公司取得一项名为"一 种资源调度的方法、装置、存储介质及产品"的专利，授权公告号CN116506570B，申请日期为2023年5 月。 天眼查资料显示，中国建设银行股份有限公司，成立于2004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26160038.1459万人民币。通过天眼查大数据分析，中国建设银行股份有 限公司共对外投资了36家企业，参与招投标项目5000次，财产线索方面有商标信息1897条，专利信息 5000条，此外企业还拥有行政许可149个。 建信金融科技有限责任公司，成立于2018年，位于上海市，是一家以从事软件和信息技术服务业为主的 企业。企业注册资本172972.9729万人民币。通过天眼查大数据分析，建信金融科技有限责任公司共对 外投资了6家企业，参与招投标项目4248次，财产线索方面有商标信息297条，专利信息5000条，此外企 业还拥有行政许可10个。 ...

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。 来源：市场资讯 国家知识产权局信息显示，中国建设银行股份有限公司取得一项名为"业务数据批处理方法及装置"的专 利，授权公告号CN117194451B，申请日期为2023年9月。 天眼查资料显示，中国建设银行股份有限公司，成立于2004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26160038.1459万人民币。通过天眼查大数据分析，中国建设银行股份有 限公司共对外投资了36家企业，参与招投标项目5000次，财产线索方面有商标信息1897条，专利信息 5000条，此外企业还拥有行政许可149个。 ...

建信金融科技有限责任公司，成立于2018年，位于上海市，是一家以从事软件和信息技术服务业为主的 企业。企业注册资本172972.9729万人民币。通过天眼查大数据分析，建信金融科技有限责任公司共对 外投资了6家企业，参与招投标项目4246次，财产线索方面有商标信息297条，专利信息5000条，此外企 业还拥有行政许可10个。 国家知识产权局信息显示，中国建设银行股份有限公司取得一项名为"一种资源对象的变更控制方法、 装置、设备及介质"的专利，授权公告号CN118890191B，申请日期为2024年8月。 天眼查资料显示，中国建设银行股份有限公司，成立于2004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26160038.1459万人民币。通过天眼查大数据分析，中国建设银行股份有 限公司共对外投资了36家企业，参与招投标项目5000次，财产线索方面有商标信息1897条，专利信息 5000条，此外企业还拥有行政许可149个。 来源：市场资讯 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。 ...

Core Insights - Airwallex and China Construction Bank have launched a new personal cross-border remittance product called "Full Amount Arrival," marking a significant collaboration between a third-party payment institution and a state-owned bank in the cross-border financial sector [1][3]. Group 1: Product Features and Benefits - The "Full Amount Arrival" product aims to address long-standing issues in traditional cross-border remittance, such as complicated processes, lack of transparency, long transaction times, and unclear fee structures, which have negatively impacted user experience and resulted in high remittance fees [1][3]. - The service integrates the strengths of Airwallex and China Construction Bank in funding networks, compliance licenses, and localized settlement, significantly optimizing transaction paths and processing efficiency [3][4]. - The product supports eight major currencies and covers dozens of countries and regions, catering to diverse cross-border funding needs for scenarios like studying abroad and travel [3][4]. Group 2: Strategic Importance and Future Plans - The collaboration is part of a broader trend of integrating banking and technology, where banks leverage their account systems and customer bases while fintech companies provide technological advantages and global funding networks [4]. - Airwallex's entry into the Chinese market, supported by obtaining payment business licenses in mainland China, lays a foundation for deepening cross-border financial services within a compliant framework [4]. - Future plans include expanding coverage of currencies and regions based on market feedback and regulatory guidance, as well as exploring value-added services like exchange rate optimization and scenario-based payments [4].

Core Viewpoint - Airwallex has announced a significant partnership with China Construction Bank to launch a new personal cross-border remittance product called "Full Amount Arrival," which aims to reduce costs and improve convenience in cross-border transactions [1][6]. Group 1: Financing and Valuation - Airwallex recently completed a Series G financing round, raising $330 million, with a valuation of $8 billion, reflecting a nearly 30% increase from the previous round [4][5]. - The company is projected to surpass $1 billion in annual revenue by October 2025, representing a 90% year-on-year growth [1][5]. Group 2: Product Launch and Features - The "Full Amount Arrival" service addresses long-standing pain points in traditional cross-border remittance, such as complex processes and high fees, by providing a more efficient and transparent experience [7][8]. - The service integrates the strengths of both Airwallex and China Construction Bank, optimizing transaction paths and enhancing processing efficiency [7][8]. Group 3: Strategic Partnerships and Ecosystem - Airwallex has established partnerships with major global banks, including JPMorgan, Standard Chartered, and Deutsche Bank, to create a robust global payment network [11]. - The collaboration with China Construction Bank marks a significant milestone in the development of China's financial ecosystem, showcasing Airwallex's capabilities in fintech and cross-border finance [11][12]. Group 4: Future Plans and Market Expansion - Airwallex plans to set up a second global headquarters in San Francisco, aiming to double its team size in the U.S. to over 400 people within a year [5]. - The company intends to invest over $1 billion in the U.S. market from 2026 to 2029 to support its strategic expansion [5].

Core Insights - Airwallex has announced a significant partnership with China Construction Bank to launch a new personal cross-border remittance product called "Full Amount Arrival," which aims to reduce costs and improve convenience in traditional banking remittances [1][4][7] Group 1: Financing and Valuation - Airwallex recently completed a Series G financing round, raising $330 million, bringing its valuation to $8 billion, a nearly 30% increase from the previous round [2][3] - The company has achieved impressive financial performance, with annual revenue expected to exceed $1 billion by October 2025, representing a 90% year-on-year growth [3] Group 2: Business Performance - Airwallex's annual transaction volume has doubled year-on-year, surpassing $235 billion, and the company now serves over 200,000 customers [3] - The company holds 80 licenses globally, enabling operations in over 200 countries and regions [3] Group 3: Product Innovation - The "Full Amount Arrival" service integrates both Airwallex's and China Construction Bank's strengths in compliance and local settlement, significantly optimizing transaction processes and efficiency [4][5] - The service supports eight major currencies and aims to address long-standing pain points in cross-border remittances, such as high fees and lengthy processing times [4][5] Group 4: Strategic Partnerships - Airwallex has established long-term partnerships with major global banks, including JPMorgan, Standard Chartered, and Deutsche Bank, to create a robust global payment network [6] - The collaboration with China Construction Bank marks a significant step in enhancing the financial ecosystem in China, showcasing Airwallex's unique capabilities in fintech and cross-border finance [7]

Core Viewpoint - The recent completion of public fund fee reform has prompted commercial banks to actively adapt by launching customized products, particularly in the FOF (Fund of Funds) sector, indicating intensified competition among leading banks in fund distribution [1][2]. Group 1: Bank Initiatives - China Construction Bank has launched a customized FOF brand "Longying FOF," following the introduction of "TREE Changying Plan" by China Merchants Bank, marking a significant entry into the customized FOF market by major banks [1]. - The "Longying FOF" aims to provide a one-stop asset allocation service, addressing the challenge of fund selection for retail investors through diversified strategies and strict risk control [1]. Group 2: Market Drivers - Three core drivers for banks' engagement in customized FOFs include: 1. The pressure on yields from fixed-income products, necessitating product innovation to enhance competitiveness [2]. 2. The public fund fee reform has reduced traditional profit margins from subscription fees and trailing commissions, pushing banks to enhance service value through customized products [2]. 3. Upgraded investor demand for tailored financial solutions that customized FOFs can meet effectively [2]. Group 3: Industry Transformation - The shift towards customized FOFs is expected to reshape the banking business landscape by transitioning revenue sources from front-end sales fees to ongoing management fee sharing linked to asset management scale, thereby improving the quality and stability of intermediary income [2]. - The product holding period mechanism is anticipated to reduce frequent redemptions, enhancing client asset stability and loyalty [2]. - The strategic shift will compel banks to enhance their professional capabilities, moving from merely introducing products to becoming buyer advisors, thereby strengthening their client service capabilities [2]. Group 4: Future Outlook - With the migration of household wealth towards financial assets and strong demand for stable investment options, banks are positioned to become key players in the FOF market due to their extensive customer reach and inherent trust [3]. - If banks successfully leverage their channels and gain market acceptance, the scale of customized FOFs is expected to grow significantly, capturing a substantial market share [3]. - The long-term sustainability of this business will depend on banks' ability to establish matching professional asset allocation capabilities and consistently deliver quality holding experiences for investors [3].

Group 1 - On January 5, southbound funds increased their holdings in China Construction Bank (00939.HK) by 140 million shares [1] - Over the past five trading days, there were four days of net increases in holdings by southbound funds, totaling 172 million shares [1] - In the last 20 trading days, there were 12 days of net reductions in holdings by southbound funds, amounting to a decrease of 10.44 million shares [1] Group 2 - As of now, southbound funds hold 33.992 billion shares of China Construction Bank, representing 14.13% of the company's total issued ordinary shares [1] - China Construction Bank is a commercial bank with main business segments including corporate banking and personal banking [1] - The corporate banking segment includes services such as corporate deposits, loans, asset custody, trade financing, and international settlement [1]

Core Viewpoint - The recent completion of public fund fee reform has prompted commercial banks to actively adapt by launching customized products, particularly in the field of customized Fund of Funds (FOF) [1][2]. Group 1: Customized FOF Launches - China Construction Bank has launched a customized FOF brand "Longying FOF," following the introduction of "TREE Changying Plan" by China Merchants Bank, indicating intensified competition among leading banks in the fund distribution sector [1]. - "Longying FOF" aims to provide a one-stop asset allocation service for investors, addressing the challenge of selecting funds by offering diversified asset allocation strategies while controlling investment risks [1]. Group 2: Drivers Behind Customized FOF - Three core drivers for banks' engagement in customized FOFs include: 1. The pressure on yields of fixed-income wealth management products, necessitating product innovation to enhance competitiveness [2]. 2. The public fund fee reform has reduced traditional profit margins from subscription fees and trailing commissions, pushing banks to enhance service value through customized products [2]. 3. Upgraded investor demand for wealth management, which can be precisely matched by customized FOFs [2]. Group 3: Impact on Banking Business Model - The shift towards customized FOFs is expected to reshape the banking business landscape by transitioning revenue sources from front-end sales fees to ongoing management fee sharing linked to asset management scale, thereby improving the quality and stability of intermediary business income [2]. - The product holding period mechanism is anticipated to reduce frequent subscriptions and redemptions, enhancing customer asset stability [2]. - This strategic shift will compel banks to enhance their professional capabilities, moving from a "product introduction" model to a "buy-side advisory" model, thereby strengthening customer service [2]. Group 4: Future Outlook - The customized FOF market is likely to see significant growth, especially among large banks with strong customer bases, leading to a market structure where leading institutions drive the industry while smaller banks follow based on their resource endowments [2]. - Banks are positioned to become key players in the FOF market due to their extensive customer reach and inherent trust advantages, with the potential for substantial market share if they successfully leverage their channels [3].