9月30日，石家庄海关关长宋悦谦、副关长徐岊出席石家庄海关与中国银行河北省分行联席会议，与中国银行河北省分行行长段忠辉、副行长宿涛就深化 关银合作、服务促进河北省AEO企业高质量发展进行深入交流，双方围绕出台AEO联合激励措施达成共识。 双方以推动落实《河北省支持海关高级认证企业高质量发展的十条措施》为契机，进一步深化全方位、多层次、宽领域的紧密合作：通过构建"信用通"， 推动信息共享，实现"信用互认"；优化"信用办"，完善服务流程，实现便利叠加；打造"信用+"，加强政策协同，实现同频共振。双方共提出15条AEO联 合激励措施，旨在助力企业解决融资难等问题，为AEO企业提供多元化、综合化的金融解决方案。 此次联席会议，既是双方长期互信、务实合作结出的硕果，也是携手共商高质量发展、共谋高水平开放、共享高效能合作机遇的积极探索，标志着双方全 方位合作迈向新阶段、开启新篇章。下一步，石家庄海关将与中国银行河北省分行秉持"关银协同、优势互补、资源共享、共同发展"原则，充分发挥各自 优势，在更好服务AEO企业发展等领域开展广泛深入合作，共同探索关银双向赋能新模式，打造关银协作共赢新典范。 供稿：石家庄海关企业管理和稽查 ...

Core Insights - The Chinese A-share equity financing market remains active in the first three quarters of 2025, characterized by significant structural differentiation and driven by both policy and innovation [2] - Total fundraising events reached 215, with a total amount of 8540.44 billion yuan, marking a year-on-year increase of 414.42% [5][8] Financing Overview - In the first three quarters of 2025, there were 215 financing events, an increase of 35 events compared to the previous year, with total equity financing amounting to 8540.44 billion yuan [5][8] - The number of IPOs was 76, raising 759.74 billion yuan, a year-on-year increase of 66.67% [5][8] - The number of private placements was 109, raising 7322.62 billion yuan, a year-on-year increase of 670.69% [5][8] - Excluding policy factors, the actual equity financing scale was 3340.44 billion yuan, a year-on-year increase of 101.21% [5][8] Financing Methods Distribution - IPOs accounted for 8.90% of the total fundraising, while private placements dominated with 85.74% [8][11] - Convertible bonds represented 5.36% of the total fundraising [8][11] Industry Distribution of Financing Entities - The banking sector led with a fundraising amount of 5200 billion yuan, followed by public utilities at 488.03 billion yuan and semiconductors at 392.86 billion yuan [12][47] Regional Distribution of Financing Entities - Beijing ranked first in fundraising with 4249.62 billion yuan, followed by Shanghai with 1600.54 billion yuan and Guangdong with 762.82 billion yuan [16][19] IPO Trends - The number of IPOs increased to 76, with a total fundraising of 759.74 billion yuan, a 66.67% increase year-on-year [22][29] - The Shanghai and Shenzhen main boards led in fundraising, accounting for 57.31% of the total [25][28] Top IPOs - The highest fundraising IPO was Huadian New Energy, raising 181.71 billion yuan, followed by Zhongce Rubber and Tianyouwei [36][37] Private Placement Trends - The number of private placements was 109, with a total amount of 7322.62 billion yuan, significantly influenced by the special government bond capital replenishment plan [39][42] - State-owned enterprises dominated private placements, accounting for 86.39% of the total [43][46] Top Underwriters - CITIC Securities led the underwriting amount with 1864.47 billion yuan, followed by Bank of China and Guotai Junan [58][59] - In terms of the number of underwritings, CITIC Securities also ranked first with 48 cases [60][61] Convertible Bonds - The leading underwriter for convertible bonds was Huatai Securities, with an underwriting amount of 98.50 billion yuan [79][80]

Core Insights - The ABS market in China saw a total of 1,777 new issuance projects in the first three quarters of 2025, with an issuance scale of 16,336 billion yuan, representing a 17% increase from 14,007 billion yuan in the previous year [6][2]. Market Overview - As of the end of the first three quarters of 2025, the cumulative market size reached approximately 33,810 billion yuan, with credit ABS at 4,017 billion yuan, enterprise ABS at 21,405 billion yuan, ABN at 6,348 billion yuan, and public REITs at 2,040 billion yuan [4]. Credit ABS - In the credit ABS segment, 172 new projects were issued, totaling 1,866 billion yuan, a 2% decrease year-on-year. The largest issuance came from non-performing loans, with 134 projects totaling 634 billion yuan, followed by personal auto loans with 17 projects totaling 536 billion yuan [8][6]. Enterprise ABS - The enterprise ABS market saw 1,127 new projects issued, totaling 9,951 billion yuan, which is a 22% increase compared to the previous year. The largest issuance was in financing lease receivables, with 214 projects totaling 2,163 billion yuan, followed by corporate receivables with 160 projects totaling 1,497 billion yuan [10][6]. ABN - The ABN market had 460 new projects issued, totaling 4,157 billion yuan, marking an 18% increase year-on-year. The largest issuances were in bank/internet consumer loans, with 159 projects totaling 1,415 billion yuan, followed by general small loan receivables with 114 projects totaling 1,038 billion yuan [11][6]. Underwriting Rankings - In the underwriting rankings for the first three quarters of 2025, CITIC Securities led with 390 projects and a total underwriting amount of 1,851 billion yuan, followed by Guotai Junan with 328 projects totaling 1,449.9 billion yuan, and Ping An Securities with 208 projects totaling 1,231.2 billion yuan [15][14]. Detailed Underwriting Performance - In the credit ABS market, China Merchants Securities ranked first with 86 projects totaling 314.4 billion yuan, followed by CITIC Securities with 81 projects totaling 295.2 billion yuan [21][23]. - In the enterprise ABS market, CITIC Securities topped the rankings with 222 projects totaling 1,239.8 billion yuan, followed by Ping An Securities with 182 projects totaling 1,177.4 billion yuan [25][26]. ABN Market Rankings - In the ABN market, China Merchants Securities led with 80 projects totaling 413 billion yuan, followed by Bank of China with 90 projects totaling 356.1 billion yuan [29][30]. Asset Class Rankings - The top three asset classes by issuance scale are bank/internet consumer loans, financing leases, and general small loans, with detailed underwriting statistics available for these categories [33].

2025年以来，全球经济在多重挑战中呈现"低增长、高风险"的新常态。中央金融委印发的《关于支持加 快建设上海国际金融中心的意见》，明确提出在确保金融安全的前提下持续强化上海金融开放枢纽门户 功能，增强人民币资产全球配置中心、风险管理中心地位，推动上海国际金融中心建设不断实现新突破 新提升。上海凭借政策优势、开放生态与创新活力，正成为全球资管行业的"稳定器"与"创新源"。 2025年是"十四五"规划的收官之年，也是"十五五"规划的谋篇布局之年，承担着总结前期成果与锚定未 来目标的"双重使命"。在此背景下，第一财经、中国银行联合主办"2025上海全球资产管理论坛"，邀请 监管机构、经济学家、金融基础设施、全球知名资管机构、国内龙头资管机构等，共同呈现一场推进资 管行业高质量发展、构建服务实体经济生态圈的国际化论坛。 每年10月举办的这一场高规格的资管论坛，一直都是上海资产管理协会主办的"全球资产管理中心·上海 国际活动周"的首发活动，并始终致力于将论坛打造成 一系列重磅的行业报告、指南和服务方案等重要 成果的发布平台 。相较于往届，今年的发布环节呈现出项目更多元、信息更丰富、覆盖更广泛的特 点，包含一系列在 研究 ...

Core Points - The article discusses the successful implementation of a new cross-border financing policy in Ningbo, China, aimed at supporting high-tech enterprises and enhancing their international competitiveness [1][2] Group 1: Policy Implementation - The State Administration of Foreign Exchange (SAFE) issued a notice detailing nine measures to deepen cross-border investment and financing reforms, including increasing the financing limits for high-tech and specialized small and medium-sized enterprises [1] - The new policy eliminates the requirement for financial reports, thereby reducing the compliance costs for enterprises and facilitating their access to cross-border financing [1] Group 2: Bank's Response - China Bank's Ningbo branch promptly organized training and client outreach activities to educate potential clients about the new policy and assess market needs [2] - The bank provided tailored financing solutions to a foreign-invested high-tech enterprise facing challenges in securing project funding, streamlining the application process and promoting local financing subsidies [2] Group 3: Future Plans - The Ningbo branch of China Bank plans to continue leveraging its global and professional advantages to promote various facilitation measures and enhance foreign exchange reform services [2]

四川中行负责人表示，未来，将持续创新宣传形式、拓展覆盖范围，常态化开展多样化金融知识普及活动，加固反假币"防火墙"，为维护 良好金融秩序贡献中行力量。（曾俊鹏） 编辑：赵鼎 （图为四川中行反假币宣传活动现场） 通过现金网格化责任体系，四川中行将反假币宣传融入商户日常服务。该行工作人员按网格分区，逐一走访商超、餐饮、零售等商户，宣 讲人民币管理制度、真伪鉴别等知识。同时，为超市收银员、小吃店经营者等群体，现场开展手把手识假币指导，筑牢经营资金安全屏 障。 开学季，四川中行工作人员走进校园，围绕人民币防伪核心要点，用趣味化语言拆解水印、安全线、光变油墨等特征，并结合学生在"校园 超市购物收到假币""同学间借款误收假币"等真实案例，帮助学生群体提升假币辨别能力，保护学生们的"生活费"。 针对部分地区反假宣传薄弱环节，四川中行来到甘孜藏族自治州理塘县觉吾乡马来村、阿坝藏族羌族自治州金川县等地，通过海报宣传、 现场演示人民币防伪特征、发放宣传折页等形式，提升民族地区群众反假币意识，增强其金融获得感和安全感。 转自：新华财经 9月以来，中国银行四川省分行（以下简称"四川中行"）聚焦老年人、农村居民、务工人员、青少年、商户 ...

中国银行间市场交易商协会9月30日发布自律处分信息显示，经查，天津滨海农村商业银行股份有限公 司通过委托成立的单一资产管理计划参与自身发行的二级资本债券交易，构成实际交易自身发行的债 券，规避了相关监管要求，影响市场正常交易秩序。根据银行间债券市场相关自律规定，经自律处分会 议审议，对天津滨海农商行予以警告，责令其针对本次事件暴露出的债券交易等合规问题进行全面深入 的整改。 ...

股东加快增持步伐 自年初起，南京银行已连续获得多位重要股东的频繁增持，近两个月增持的频率进一步加快。 本月，南京银行大股东紫金集团旗下控股子公司紫金信托宣布，于7月18日至9月10日期间，以 自有资金通过上交所集中竞价交易系统，增持该行股份5677.98万股，占总股本的0.46%。增 持完成后，紫金集团及紫金信托持股比例从12.56%提升至13.02%。上个月，该行另一大股东 南京高科也完成增持。7月24日至8月4日期间，南京高科通过二级市场增持南京银行750.77万 股，其持股比例从8.94% 增至9.00%。 无独有偶，9月11日，光大银行发布公告称，其控股股东中国光大集团股份公司（以下简称"光 大集团"）通过集中竞价方式累计增持该行A股股份1397万股，占总股本的0.02%，增持金额达 5166.1万元。此次增持是光大集团自2025年4月8日起实施的为期12个月的增持计划的一部分， 计划累计增持金额不少于人民币0.5亿元，不超过人民币1亿元。 光大集团在2024年至2025年间多次对光大银行实施增持，累计投入资金超过4亿元，持股比例 由47.19%提升至47.42%，显示出较强的资本实力和对银行长期价值 ...

| 1. 股份分類 | 普通股 | 股份類別 | H | | 於香港聯交所上市 (註1) | | 是 | | | --- | --- | --- | --- | --- | --- | --- | --- | --- | | 證券代號 (如上市) | 03988 | 說明 | H股 | | | | | | | | | 法定/註冊股份數目 | | | 面值 | | 法定/註冊股本 | | | 上月底結存 | | | 83,622,276,395 | RMB | | 1 RMB | | 83,622,276,395 | | 增加 / 減少 (-) | | | 0 | | | RMB | | 0 | | 本月底結存 | | | 83,622,276,395 | RMB | | 1 RMB | | 83,622,276,395 | I. 法定/註冊股本變動 第 1 頁 共 12 頁 v 1.1.1 | 3. 股份分類 | 優先股 | 股份類別 | 其他類別 (請註明) | 於香港聯交所上市 (註1) | 否 | | --- | --- | --- | --- | --- | --- | | 證券代號 (如上市) | ...

Core Points - The state-owned large bank sector experienced a slight decline of 0.06% on September 30, with Postal Savings Bank leading the drop [1] - The Shanghai Composite Index closed at 3882.78, up 0.52%, while the Shenzhen Component Index closed at 13526.51, up 0.35% [1] Bank Performance Summary - Agricultural Bank of China (601288) closed at 6.67, up 0.76%, with a trading volume of 3.0875 million shares and a transaction value of 2.052 billion [1] - China Construction Bank (601939) closed at 8.61, up 0.12%, with a trading volume of 917,200 shares and a transaction value of 787 million [1] - Bank of China (601988) closed at 5.18, down 0.38%, with a trading volume of 1.9213 million shares and a transaction value of 256.6 million [1] - Industrial and Commercial Bank of China (601398) closed at 7.30, down 0.41%, with a trading volume of 2.4457 million shares and a transaction value of 1.784 billion [1] - Bank of Communications (601328) closed at 6.72, down 1.18%, with a trading volume of 1.8487 million shares and a transaction value of 1.247 billion [1] - Postal Savings Bank (601658) closed at 5.75, down 1.37%, with a trading volume of 1.2116 million shares and a transaction value of 697.1 million [1] Fund Flow Analysis - The state-owned large bank sector saw a net outflow of 604 million in main funds, while retail investors contributed a net inflow of 463 million [1] - The detailed fund flow for individual banks shows significant net outflows for major banks, with Agricultural Bank experiencing a net outflow of 5.1906 million from main funds [2] - Postal Savings Bank had a net outflow of 50.5475 million from main funds, but a net inflow of 30.2741 million from retail investors [2]