21世经济报道记者 叶麦穗 根据同花顺（300033）统计，截至1月6日，A股上市银行2025年度报告预约 披露时间均出炉，平安银行（000001）将成为最早披露年报的上市银行，预约披露时间为3月21日，这 已经是平安银行连续第二年率先披露年报了。 同一日披露年报的还有中信银行（601998）。去年银行板块上涨12.05%，虽然表现不如2024年，但42 家银行的总市值突破15万亿元大关，较2024年12月31日收盘时的总市值增加约2.1万亿元。对于2026年 的银行行情，多数机构依然表示看好。 国有大行三月末扎堆披露业绩 继平安银行、中信银行之后，紧接着是渝农商行（601077），该行预约于3月26日披露年报；青岛银行 （002948）、瑞丰银行（601528）、兴业银行（601166）则是3月27日披露年报。厦门银行 （601187）、苏农银行（603323）和江苏银行（600919）3家上市银行最晚披露年报，预约披露时间均 为4月30日。 最受关注的国有大行披露日，多是集中在3月末，其中最早的交通银行（601328）、建设银行 （601939）和邮储银行（601658），披露日同为3月28日，紧接着3月 ...

Group 1 - The banking sector saw an increase of 0.88% on January 6, with Industrial Bank leading the gains [1] - The Shanghai Composite Index closed at 4083.67, up 1.5%, while the Shenzhen Component Index closed at 14022.55, up 1.4% [1] - Key stocks in the banking sector and their performance included Industrial Bank (up 1.95% to 21.46), Pudong Development Bank (up 1.52% to 12.00), and Ping An Bank (up 1.48% to 11.67) [1] Group 2 - The net inflow of main funds in the banking sector was 646 million yuan, while retail investors saw a net outflow of 357 million yuan [1] - The main fund inflow for Industrial Bank was 222 million yuan, accounting for 10.65% of its total, while retail investors had a net outflow of 137 million yuan [2] - Ping An Bank experienced a main fund inflow of 209 million yuan (13.79%) but a retail outflow of 65 million yuan [2]

Core Viewpoint - The article highlights a shift in financial services from grand narratives to tangible daily experiences, emphasizing the importance of providing certainty and warmth in everyday life [1][2][10]. Group 1: Financial Trends - Digital RMB is beginning to earn interest like a demand deposit, enhancing the sense of growth for electronic cash [1]. - A credit repair mechanism for small overdue amounts has been initiated, offering a more inclusive space for those occasionally facing financial difficulties [1]. - Various financial support and subsidy policies aimed at boosting consumption are being continuously implemented from central to local levels [1]. Group 2: Consumer Behavior Changes - Consumers are willing to spend but are increasingly concerned about whether their spending is secure [4]. - There is a shift in focus from complex benefits to straightforward, easily redeemable rewards in financial products [4]. - The perception of risk among consumers is evolving, leading to a demand for financial products that can provide real utility in daily life [4][10]. Group 3: Partnership and Product Development - The collaboration between Ping An Bank and Luckin Coffee has resulted in a co-branded credit card that resonates with current consumer sentiments [1][2]. - The theme "A cup of Luckin, ten points of peace" reflects a narrative shift towards providing warmth and certainty in daily life [2][10]. - The design of the co-branded card aims to create a predictable and accessible sense of "small happiness" through its coffee-related benefits [6][10]. Group 4: Product Features and Benefits - New users receive a welcome gift of 12 cups of coffee, distributed over six weeks, to build initial trust [7]. - Weekly rewards for new users encourage habitual card usage by offering two cups of coffee for meeting spending thresholds [7]. - Referral rewards allow existing users to earn additional coffee benefits by bringing in new users, turning social connections into tangible rewards [7]. Group 5: Comprehensive Financial Ecosystem - The co-branded card encapsulates a broader financial ecosystem, transforming the simple pleasure of coffee into a comprehensive safety net [10]. - The "Three Savings" concept (saving worry, time, and money) underpins a one-stop protection system that enhances user trust [10]. - The card offers various protections, including a 72-hour fraud guarantee and significant travel insurance, addressing users' financial security concerns [10][11]. Group 6: Industry Paradigm Shift - The partnership illustrates a paradigm shift in the credit card industry, evolving from a mere payment tool to a more professional "life guardian" [12][13]. - The integration of high-frequency consumer scenarios, like coffee purchases, increases card usage and loyalty [13]. - This model balances short-term usage with long-term companionship, reflecting a new logic of credit card value that emphasizes experience and protection [13][14].

投资者可通过以下途径咨询有关详情： 1.浙商证券股份有限公司 ■ 根据银华基金管理股份有限公司（以下简称"本公司"）与浙商证券股份有限公司（以下简称"浙商证 券"）、中航证券有限公司（以下简称"中航证券"）、平安证券股份有限公司（以下简称"平安证券"） 签署的销售代理协议，本公司决定从2026年1月5日起增加浙商证券为银华中证AAA科技创新公司债交 易型开放式指数证券投资基金（场内简称：科创债ETF银华，基金代码：159112）、银华创业板综合交 易型开放式指数证券投资基金（场内简称：创业板综ETF银华，基金代码：159288）的场内申购赎回代 办券商；增加中航证券为银华中证AAA科技创新公司债交易型开放式指数证券投资基金（场内简称： 科创债ETF银华，基金代码：159112）的场内申购赎回代办券商；增加平安证券为银华MSCI中国A股交 易型开放式指数证券投资基金（场内简称：MSCI中国，扩位证券简称：MSCI中国ETF，基金代码： 512380）的场内申购赎回代办券商。 ■ 风险提示： 基金管理人承诺以诚实信用、勤勉尽责的原则管理和运用基金资产，但不保证基金一定盈利，也不保证 最低收益。敬请投资者留意投资风 ...

在不少银行人看来，这种互助是无奈之举，"每天下班前要在工作群里发当天企微添加情况的截图""一 天要加十几个，完不成会通报"…… 不仅如此，既然是考核，便会伴随相应的奖惩机制。华夏银行华南地区某分支机构的客户经理告诉记 者，他们要求企微每个月需添加50人，若达不到数量则会被扣减300元。据了解，类似的指标考核在业 内并不鲜见，例如"少一个扣50元""未达到一个季度扣1000元"，令不少银行员工感到压力山大。 银行为何要求考核企业微信添加？在行业整体面临零售"阵痛"的当下，以企微为代表的私域运营是否真 的能够带动零售业务破局？ 奖惩并施之下，社交平台涌现银行企微"互助" 每经记者｜李玉雯 每经编辑｜廖丹 刚刚过去的2025年末，银行人再次为指标"疯狂"，这次不是存贷款、信用卡等司空见惯的任务，而是企 业微信添加考核。 记者注意到，工行、农行等多家银行客户经理在朋友圈晒出自己的企业微信二维码"求加"，不仅如此， 社交平台更是涌现出大量银行企微"互加"的帖子，不同银行员工之间互相以自己的个人微信添加对方的 企业微信。 与之相随的还有"真金白银"的奖惩措施。 一位贵州农信机构的员工称，他们对企业微信客户添加的指标进行计 ...

Group 1 - The China Interbank Market Dealers Association is increasing penalties for violations related to bond transaction record-keeping, as many institutions have failed to comply with regulations, hindering effective supervision and enforcement [1] - The Ministry of Commerce and nine other departments are encouraging financial institutions to increase support for green consumption loans, promoting collaboration between financial institutions and trade enterprises to expand the application scenarios for these loans [2] - Several small and medium-sized banks have suspended overseas debit card transactions due to rampant overseas card fraud, indicating a consensus in the industry to enhance risk control measures [3] Group 2 - The newly established financial asset investment companies, such as Xingyin Investment and Zhaoyin Investment, have quickly secured projects, with Xingyin Investment reporting over 6 billion yuan in investments within 45 days of operation, showcasing a divergence in project focus compared to state-owned banks [4] - The implementation of personal credit repair policies starting January 1, 2026, has led to the emergence of illegal intermediaries offering services to "clean" large overdue debts, charging fees ranging from 3,000 to 10,000 yuan [5] - A significant number of banks have appointed chief compliance officers in response to regulatory requirements, with multiple banks announcing such appointments within a month [6] Group 3 - Zhou Feng has been approved to serve as the president of Zhongyuan Bank, with his term starting from December 31, 2025, until the next board election [7] - The banking wealth management sector is expected to shift focus from scale expansion to stability in returns, with a projected 10% growth in market size for 2026, emphasizing a return to genuine stability [8] - The payment industry is undergoing a significant cleanup, with the recent cancellation of the payment license for Zhonggang Yintong, marking the 108th license to be revoked [9] - Wang Feng, the chairman of Bozhou Yaodu Rural Commercial Bank, is under investigation for serious violations of discipline and law, marking a notable case in the banking sector [10]

证券之星消息，1月5日股份制银行板块较上一交易日下跌0.72%，浦发银行领跌。当日上证指数报收于 4023.42，上涨1.38%。深证成指报收于13828.63，上涨2.24%。股份制银行板块个股涨跌见下表： 从资金流向上来看，当日股份制银行板块主力资金净流入3.26亿元，游资资金净流出1.92亿元，散户资金 净流出1.34亿元。股份制银行板块个股资金流向见下表： | 代码 | 名称 | 主力净流入(元) | 主力净占比 游资净流入 (元) | | 游资净占比 散户净流入 (元) | | 散户净占比 | | --- | --- | --- | --- | --- | --- | --- | --- | | 601166 | 兴业银行 | 2.51亿 | 17.54% | -1.38亿 | -9.65% | -1.13亿 | -7.89% | | 000001 | 平安银行 | 1.60 Z | 15.99% | -1.23 乙 | -12.22% | -3784.34万 | -3.77% | | 600000 | 浦发银行 | 8887.50万 | 6.09% | 3115.86万 | 2.13% | -1. ...

Core Viewpoint - The A-share banking sector concluded 2025 with a structural rise, with 35 out of 42 listed banks experiencing gains, and the banking index rising by 12.04%, indicating strong defensive and allocation value [2][3]. Group 1: 2025 Banking Sector Performance - The banking sector exhibited significant structural differentiation, with the top ten stocks including Agricultural Bank (52.66%), Xiamen Bank (35.78%), and others showing gains over 20% [3][4]. - The market's focus shifted towards "certainty of returns" and "growth cost-effectiveness" amid an "asset shortage" backdrop, leading to a preference for certain banks [3][4]. Group 2: Core Drivers of 2025 Bull Stocks - Three main factors drove the performance of bull stocks: high dividends and low valuations supporting state-owned banks, regional economic vitality empowering small and medium banks, and asset structure optimization promoting value reassessment [4][5]. - Agricultural Bank led with a dividend yield above 5% and a price-to-book ratio exceeding 1, breaking the long-standing trend of state-owned banks trading below book value [4][5]. Group 3: 2026 Bull Stock Predictions - The banking sector is expected to maintain a "steady progress" operational trend in 2026, with key dimensions for identifying bull stocks including net interest margin improvement, business transformation growth, and stable asset quality [5][6]. - The predicted top ten bull stocks for 2026 include Agricultural Bank, China Merchants Bank, and Ningbo Bank, among others, with each having specific growth drivers [7][8]. Group 4: Key Factors for 2026 Predictions - Agricultural Bank is expected to continue its strong performance due to its county-level business advantages and low liability costs [7]. - China Merchants Bank is anticipated to see dual growth in performance and valuation, driven by its wealth management transformation and strong asset quality [8]. - Ningbo Bank is positioned to benefit from regional economic vitality and diversified non-interest income growth [8][9]. Group 5: Structural Trends and Risks - The banking sector is likely to experience a dual rise in performance and valuation, supported by improved net interest margins and robust asset quality [12][13]. - However, structural differentiation risks may intensify, with some smaller banks facing challenges due to high regional economic dependency and single customer structures [12][13].

1月4日，欢迎关注《银行今十条》，今日银行重要资讯一览： 5、成都农商银行资产规模突破万亿，农商行头部阵营形成"五强"格局 2026年1月1日，成都农商银行在其官方平台宣布，该行合并口径资产规模已突破1万亿元。这意味着， 继重庆、北京、广州、上海四地农商行之后，全国农商行体系诞生了第五家资产规模突破万亿的机构。 1、央行开展365亿元7天期逆回购操作，净回笼4336亿元 1月4日，中国人民银行以固定利率、数量招标方式开展了365亿元7天期逆回购操作，中标量365亿元， 操作利率为1.40%，与此前持平。今日有4701亿元逆回购到期，当日实现净回笼4336亿元。 2、人民银行印发《非银行支付机构分类评级管理办法》 中国人民银行12月31日对外发布《非银行支付机构分类评级管理办法》，进一步加强非银行支付机构监 管，完善差异化监管措施。办法自2026年2月1日起施行。 根据办法，支付机构分类评级包括公司治理、业务规范、备付金管理、用户权益保护、系统安全、反洗 钱措施、经营稳健性等七个模块。支付机构分类评级每年进行一次，评价期为前一年度。据介绍，支付 机构分类评级结果分为5类11级。中国人民银行及其分支机构将根据支付 ...

一个明显的趋势是：2025年，银行收到的大罚单变多了，折射出银行业在高质量发展转型期面临的合规 短板与风险痛点。 据企业预警通统计，2025年，央行、金融监管局、外管局等共针对银行机构及从业人员开出454张百万 元以上的大额罚单，较上年增加58张，其中大额罚单罚没金额较上年上升幅度较大，增幅接近100%。 这一趋势，需要银行业机构予以重视。 值得关注的是，从2025年银行违规领域看，主要集中在信贷业务、反洗钱业务、内控制度等。相较上 年，反洗钱业务违规罚单数量增量最为突出，达894张，增幅达185.09%。 为了帮助各位从业者从中找到更多启示，轻金融根据企业预警通数据，对罚没金额500万元以上的罚单 进行分类解读，以期供行业参考，为2026年及未来发展规避风险。 需要说明的是，这些罚单与数据不是"负面清单"，而是"改进指南"，唯有提升合规能力、正视问题、精 准补短板，才能在监管常态化的背景下实现稳健发展。 首先，来看2025年披露的罚没金额超过2000万元的罚单，共12个。 这一金额区间的罚单，最常见的是传统业务（贷款、票据）的合规管理漏洞及监管数据报送问题，反映 出在基础业务风控和监管配合上的不足；其他高频 ...