Group 1 - The core point of the announcement is that Qingdao Bank has successfully issued the "2025 Technology Innovation Bond" with a total issuance size of RMB 1 billion [1] - The bond was recorded on September 19, 2025, and completed issuance on September 23, 2025, with a fixed interest rate of 1.87% over a 5-year term [1] - The funds raised from this bond will be used to specifically support businesses in the technology innovation sector through various means such as loans and other bonds, in accordance with applicable laws and regulatory approvals [1]

公告称，本期债券募集资金将依据适用法律和主管部门的批准，通过贷款、债券等多种途径，专项支持 科技创新领域业务。 2025年中期，青岛银行实现营业收入76.58亿元，同比增长8.97%；归母净利润30.65亿元，同比增长 16.05%。 中证智能财讯青岛银行（03866）9月24日晚间公告，经中国人民银行批准，公司于近日在全国银行间债 券市场成功发行"青岛银行股份有限公司2025年科技创新债券"。 本期债券于2025年9月19日簿记建档，并于9月23日发行完毕。发行规模为人民币10亿元，品种为5年期 固定利率债券，票面利率为1.87%。 （文章来源：中国证券报·中证网） ...

Core Viewpoint - The banking sector has been one of the best-performing segments in the A-share market since the "9.24" rally began in 2024, with the China Securities Banking Index showing a cumulative increase of approximately 24% over the past year [2][3]. Market Performance - As of September 24, 2024, the total A-share market capitalization of 42 listed banks reached approximately 10.6 trillion yuan, an increase of 2.37 trillion yuan from 8.23 trillion yuan a year ago [4]. - The total market capitalization for these banks is about 13.9 trillion yuan, up over 3 trillion yuan from 10.83 trillion yuan a year ago [4]. - The banking sector experienced a significant rally, with the index reaching a high of 8570.76 points, representing a more than 43% increase since last year [2]. Individual Bank Performance - All 42 A-share listed banks reported positive stock price changes over the past year, with the highest increase nearing 59% and the lowest at around 8% [3]. - Notable performers include Qingdao Bank (58.87%), Xiamen Bank (50%), and Agricultural Bank of China (48.6%) [3]. - The median increase for state-owned banks was approximately 29%, with Agricultural Bank, Industrial and Commercial Bank, and Postal Savings Bank leading the gains [3]. Market Capitalization Changes - The top five banks by A-share market capitalization as of the latest close are Agricultural Bank (2.1 trillion yuan), Industrial and Commercial Bank (2.01 trillion yuan), China Bank (1.26 trillion yuan), China Merchants Bank (852.39 billion yuan), and Postal Savings Bank (607.45 billion yuan) [4]. - The Agricultural Bank and Industrial and Commercial Bank saw significant increases in A-share market capitalization, with growth of approximately 565.1 billion yuan and 396.3 billion yuan, respectively [4][5]. Recent Trends and Adjustments - Since July, the banking sector has entered a phase of adjustment, with the China Securities Banking Index declining nearly 13% from its peak [6]. - Over half of the banks have experienced a decline of more than 10% since July 10, with some banks like Everbright Bank and Beijing Bank seeing declines exceeding 20% [6]. - The market sentiment has shifted, leading to increased discussions about whether bank stocks have risen too much and if the rally is over [7]. Valuation Metrics - The median dividend yield for bank stocks is around 4.5%, which has decreased by over 1 percentage point from a year ago but remains competitive compared to other asset yields [7]. - The price-to-book (PB) ratio for the 42 listed banks is approximately 0.58, showing a slight increase from 0.5 a year ago, indicating that the market is still grappling with the issue of banks trading below book value [7].

在跨界融合方面，青岛银行打破金融业传统传播范式，借助"金融+体育""金融+艺术"等模式实现品牌破圈。与山东泰山、青岛海牛、青岛西海岸足球俱乐部 的合作，不仅在足球场景中进行形象植入，强化品牌曝光，还通过公益足球营、西藏足球少年关怀等项目，将商业品牌延伸为社会情感联结的可视符号。 与此同时，青岛银行与数字艺术家卜桦的合作，以艺术赋能金融场域，将银行物理空间转化为美育浸润与社会对话的场所。数字艺术特展、亲子公益共创等 项目，不仅重塑服务体验，更在功能属性之上叠加人文关怀与审美价值，推动品牌从"服务提供者"蜕变为"价值共创者"。 值得一提的是，此前，青岛银行已连续九年跻身"中国500最具价值品牌"，品牌价值增至362.36亿元。从"青岛银行号"飞机承载城市形象翱翔天际，到借助 艺术、体育等多维媒介展开品牌叙事，青岛银行正在实现从城市金融品牌到区域性活力品牌的关键跨越。 9月 24 日，世界品牌实验室（World Brand Lab）在香港发布2025年亚洲品牌500强榜单。青岛银行连续第九次登榜，较2024年排名上升7位，列 408 位，成为 其品牌化突围的重要见证，彰显了其以区域深耕为基石的品牌影响正释放出超越地 ...

Core Insights - Since the launch of the "9·24" market rally in 2024, bank stocks have been one of the best-performing sectors in the A-share market, with the China Securities Bank Index showing a cumulative increase of approximately 24% over the past year [1] - The market capitalization of the banking sector has surpassed 10 trillion yuan for the first time, with Agricultural Bank of China briefly overtaking Industrial and Commercial Bank of China in market value before the latter regained its position [1][3] - Since July, bank stocks have entered a phase of volatility and correction, with the index declining nearly 13% from its peak, while the Shanghai Composite Index rose over 10% during the same period [1] Market Performance - All 42 A-share listed banks have seen positive stock price movements over the past year, with the highest increase nearing 59% and the lowest around 8% [2] - Specifically, 36 banks have increased by over 20%, 23 by over 30%, and 5 by over 40% [2] - The top three performers include Qingdao Bank (58.87%), Xiamen Bank (50%), and Agricultural Bank of China (48.6%) [2] Market Capitalization - As of September 24, the total A-share market capitalization of the 42 listed banks is approximately 10.6 trillion yuan, an increase of 2.37 trillion yuan from 8.23 trillion yuan a year ago [3] - The total market capitalization, including H-shares, is about 13.9 trillion yuan, up by over 3 trillion yuan from 10.83 trillion yuan a year ago [3] - The top five banks by A-share market capitalization are Agricultural Bank of China (2.1 trillion yuan), Industrial and Commercial Bank of China (2.01 trillion yuan), and China Bank (1.26 trillion yuan) [3] Value Growth - The largest increases in A-share market capitalization have been seen in Agricultural Bank of China and Industrial and Commercial Bank of China, with increases of approximately 565.1 billion yuan and 396.3 billion yuan, respectively [3][4] - Eight banks have seen their A-share market capitalization increase by over 100 billion yuan since last September, with the top four being state-owned banks [3] Recent Trends - Since July, bank stocks have experienced a correction, with over half of the banks seeing declines of more than 10% [5] - Notably, only two banks, Agricultural Bank of China and Postal Savings Bank of China, have remained in the green during this period [5] - The median dividend yield for bank stocks is currently around 4.5%, which has decreased by over 1 percentage point from a year ago but still offers a significant advantage over other asset yields [5]

（编辑 楚丽君） 证券日报网讯 9月24日晚间，青岛银行发布公告称，经中国人民银行批准，青岛银行股份有限公司（以 下简称"本行"）于近日在全国银行间债券市场成功发行"青岛银行股份有限公司2025年科技创新债 券"（以下简称"本期债券"）。本期债券于2025年9月19日簿记建档，并于2025年9月23日发行完毕，发 行规模为人民币10亿元，品种为5年期固定利率债券，票面利率为1.87%。 ...

格隆汇9月24日丨青岛银行(03866.HK)发布公告，本行于近日在全国银行间债券市场成功发行"青岛银行 股份有限公司2025年科技创新债券"。本期债券于2025年9月19日簿记建档，并于2025年9月23日发行完 毕，发行规模为人民币10亿元，品种为5年期固定利率债券，票面利率为1.87%。本期债券募集资金将 依据适用法律和主管部门的批准，通过贷款、债券等多种途径，专项支持科技创新领域业务。 ...

格隆汇9月24日丨青岛银行(03866.HK)公布，经中国人民银行批准，该行于近日在全国银行间债券市场 成功发行「青岛银行股份有限公司2025年科技创新债券」。 该期债券于2025年9月19日簿记建档，并于2025年9月23日发行完毕，发行规模为人民币10亿元，品种为 5年期固定利率债券，票面利率为1.87%。 该期债券募集资金将依据适用法律和主管部门的批准，通过贷款、债券等多种途径，专项支持科技创新 领域业务。 ...

本期债券募集资金将依据适用法律和主管部门的批准，通过贷款、债券等多种途径，专项支持科技创新 领域业务。 青岛银行(03866)公布，青岛银行股份有限公司2025年科技创新债券于2025年9月19日簿记建档，并于 2025年9月23日发行完毕，发行规模为人民币 10亿元，品种为5年期固定利率债券，票面利率为1.87%。 ...

青岛银行（002948）(03866)公布，青岛银行股份有限公司2025年科技创新债券于2025年9月19日簿记建 档，并于2025年9月23日发行完毕，发行规模为人民币10亿元，品种为5年期固定利率债券，票面利率为 1.87%。 本期债券募集资金将依据适用法律和主管部门的批准，通过贷款、债券等多种途径，专项支持科技创新 领域业务。 ...