北京商报讯（记者 孟凡霞 实习记者 周义力）9月4日，A股银行板块迎来里程碑时刻。农业银行 （601288）A股股价收报7.52元，大涨5.17%，盘中最高触及7.55元，创下历史新高；H股亦同步上涨 2.07%，报5.43港元。 今日银行板块整体表现强劲，24家上市银行股价收涨。除农业银行外，邮储银行（601658）、中信银行 （601998）分别上涨2.90%、2.17%，工商银行、中国银行（601988）、常熟农商行等涨幅均超1%。 市场表现方面，农业银行A股年内股价涨幅已达47.15%，在A股上市银行板块中居首。从业绩基本面 看，2025年上半年，农业银行实现营业收入3699.37亿元、归母净利润1395.10亿元，同比分别增长 0.8%、2.7%，是四大行中唯一保持净利润正增长的机构，同时也是国有六大行中归母净利润增速最高 的银行。相比之下，工商银行上半年该行以4270.92亿元的营收、1681.03亿元的归母净利润继续稳居商 业银行首位，但归母净利润同比下降1.4%。 截至今日收盘，农业银行总市值达2.55万亿元，首次超越工商银行（601398）的2.49万亿元，登顶银行 板块总市值榜首。这也是农 ...

港股方面，药明康德跌超7%，中芯国际、地平线机器人、商汤等跌超6%，华虹半导体跌超5%；农业银 行、百度集团等涨超2%。 A股今日（9月4日）继续回调，沪指盘中跌超2%，创业板指一度跌超5%，尾盘跌幅有所收窄；港股亦 下挫，恒生科技指数一度跌超2%。 具体来看，沪指盘中震荡下探，一度跌超2%，尾盘在金融、酿酒等板块的带动下跌幅有所收窄。创业 板、科创50指数等大幅下挫。截至收盘，沪指跌1.25%报3765.88点，深证成指跌2.83%报12118.7点，创 业板指跌4.25%报2776.25点，科创50指数跌逾6%，北证50指数跌0.8%，沪深北三市合计成交25823亿 元，较此前一日增加1862亿元。 场内近3000股飘绿，半导体板块领跌，寒武纪大跌超14%，海光信息、华虹公司、敏芯股份等跌超 10%；CPO概念大幅下挫，新易盛、天孚通信、太辰光等跌超15%，中际旭创跌逾13%；军工板块再度 下行，北方长龙、长城军工等连续两日跌停；食品饮料、旅游餐饮、零售等消费板块集体拉升，润普食 品、欢乐家、百大集团、国光连锁等涨停；券商、银行板块尾盘异动，太平洋涨停，市值超2万亿的农 业银行（601288）涨超5%续创 ...

股份發行人及根據《上市規則》第十九B章上市的香港預託證券發行人的證券變動月報表 截至月份: 2025年8月31日 狀態: 新提交 致：香港交易及結算所有限公司 公司名稱: 中國農業銀行股份有限公司 呈交日期: 2025年9月4日 I. 法定/註冊股本變動 | 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) | 01288 | 說明 | | | | | | | | | | | 法定/註冊股份數目 | | | 面值 | | | 法定/註冊股本 | | | 上月底結存 | | | 30,738,823,096 | RMB | | 1 | RMB | | 30,738,823,096 | | 增加 / 減少 (-) | | | | 0 | | | RMB | | 0 | | 本月底結存 | | | 30,738,823,096 | RMB | | 1 | RMB | | 30,738,823,096 | | ...

Market Overview - A-shares continued to decline on September 4, with the Shanghai Composite Index dropping over 2% at one point, while the ChiNext Index fell over 5% before narrowing its losses towards the end of the trading day [1] - The Shanghai Composite Index closed down 1.25% at 3765.88 points, the Shenzhen Component Index fell 2.83% to 12118.7 points, and the ChiNext Index decreased by 4.25% to 2776.25 points [1] Sector Performance - The semiconductor sector led the decline, with stocks like Cambricon falling over 14% and several others dropping more than 10% [2][12] - The CPO concept stocks also saw significant declines, with New Yisheng and Tianfu Communication dropping over 15% [2] - Conversely, the food and beverage, tourism, and retail sectors experienced a collective rise, with stocks like Runpu Food and Huanlejia hitting the daily limit [2][8] Financial Sector Insights - The financial sector showed signs of recovery towards the end of the trading day, with notable gains in brokerage and banking stocks [3][5] - Agricultural Bank of China saw its stock rise over 5%, surpassing Industrial and Commercial Bank of China in total market capitalization, thus becoming the new "universe bank" [2][6] - In the first half of 2025, 44 listed brokerages achieved a net profit of 948.46 billion yuan, marking a year-on-year increase of 52.9% [4] Future Outlook - Institutions forecast that the securities industry will benefit from high trading volumes and a normalized equity financing environment, leading to improved performance in the second half of 2025 [5][7] - The banking sector is also expected to see positive developments, with a focus on retail loan demand and risk improvement [7] Consumer Sector Trends - The consumer sector is showing signs of recovery, with a focus on rational consumption and quality upgrades [10][11] - Traditional consumer sectors are also experiencing a rebound, particularly in essential goods [11] Technology Sector Decline - The technology sector, particularly semiconductors, faced significant declines, with stocks like Dongxin and Cambricon dropping over 14% [12][14] - Cambricon has seen a cumulative drop of over 24% in the last five trading days following a peak in late August [14]

格隆汇9月4日丨农业银行A股今日大涨5.17%，单日涨幅创2023年5月以来近2年新高。目前，农业银行 总市值升至2.55万亿元，首次超越工商银行的2.49万亿元，并成为A股总市值冠军。同时，农业银行年 内总市值累计共增长7219亿元，增长规模也位居A股第一。若以A股市值统计，农业银行此前已于8月6 日超越工商银行，并稳居A股市值榜首且持续领跑至今。 ...

Group 1 - The state-owned large bank sector increased by 2.83% on September 4, with Agricultural Bank leading the gains [1] - The Shanghai Composite Index closed at 3765.88, down 1.25%, while the Shenzhen Component Index closed at 12118.7, down 2.83% [1] - Agricultural Bank's closing price was 7.52, reflecting a rise of 5.17%, with a trading volume of 9.6163 million shares and a transaction value of 702.3 million yuan [1] Group 2 - The net inflow of main funds in the state-owned large bank sector was 2.367 billion yuan, while retail investors experienced a net outflow of 1.419 billion yuan [1] - Agricultural Bank had a net inflow of 1.47 billion yuan from main funds, accounting for 20.93% of its total, while retail investors had a net outflow of 797.1 million yuan [2] - Industrial and Commercial Bank saw a net inflow of 277 million yuan from main funds, with a net outflow of 24.7 million yuan from retail investors [2]

股份發行人及根據《上市規則》第十九B章上市的香港預託證券發行人的證券變動月報表 截至月份: 2025年8月31日 狀態: 新提交 I. 法定/註冊股本變動 | 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) | 01288 | 說明 | | | | | | | | | | | 法定/註冊股份數目 | | | 面值 | | | 法定/註冊股本 | | | 上月底結存 | | | 30,738,823,096 | RMB | | 1 | RMB | | 30,738,823,096 | | 增加 / 減少 (-) | | | | 0 | | | RMB | | 0 | | 本月底結存 | | | 30,738,823,096 | RMB | | 1 | RMB | | 30,738,823,096 | 第 1 頁 共 11 頁 v 1.1.1 FF301 致：香港交易及結算所有限公司 公司名稱: 中國農業 ...

（文章来源：21世纪经济报道） 业绩层面，国有四大行2025年半年报已悉数亮相，农行实现营业收入3699亿元，同比增长0.85%；归母 净利润1395亿元，同比增长2.66%，为四大行中唯一保持利润正增长的银行。反观工行，虽营收规模 4271亿元仍居首位，但归母净利润1681亿元，同比下滑1.39%，增速落后农行逾4个百分点。 股价涨幅更直观反映市场态度。截至9月4日，农业银行年内股价涨幅达47.15%，涨幅位居银行板块榜 首，远超工商银行13.54%的涨幅。 9月4日，银行板块探底回升，截至收盘，农业银行（601288.SH，01288.HK）A股涨超5%再创历史新 高，A+H总市值约2.55万亿元，首次反超工商银行（601398.SH，01398.HK）的2.49万亿元，成为总市 值"冠军"。这也是继8月6日农行A股流通市值登顶后，不到一个月内完成的第二次超越。 ...

Core Viewpoint - A-shares experienced a collective decline, with major indices falling significantly, while bank stocks showed resilience, particularly Agricultural Bank of China reaching a historical high [1] Group 1: Market Performance - The Shanghai Composite Index fell by 1.25% to 3765 points, the Shenzhen Component Index dropped by 2.83%, the ChiNext Index decreased by 4.25%, and the STAR 50 Index declined by 6.08% [1] - Bank stocks, including Agricultural Bank of China and Postal Savings Bank, saw gains, with Agricultural Bank rising over 5% to a new historical high [1] Group 2: ETF Performance - Bank ETFs and related funds saw increases of over 1%, with specific funds like Bank ETF and Bank ETF Fund rising by 1.04% and 1.02% respectively [3] - The Bank ETF tracks the CSI Bank Index, which includes 42 listed banks, focusing on high dividend opportunities and growth potential [4] Group 3: Financial Metrics - In the first half of 2025, listed banks reported a total operating income of 2.92 trillion yuan, a year-on-year increase of 1.0%, and a net profit attributable to shareholders of 1.10 trillion yuan, up 0.8% [4] - The net interest margin for listed banks decreased by 14 basis points year-on-year to 1.41%, with expectations of a slight narrowing in the decline due to policy changes [4] Group 4: Asset Quality and Growth - Asset quality pressure has slightly increased, with rising overdue rates and non-performing loan generation rates, particularly in the retail sector [5] - Total assets of listed banks grew by 9.6% year-on-year as of the end of Q2 2025, indicating a recovery in growth rates [5] Group 5: Future Outlook - The banking sector is expected to see a bottoming out in 2025, with potential for revenue and profit growth to turn positive in 2026, driven by policy support and improved asset quality [6] - The emphasis on long-term investment in the banking sector remains strong, with recommendations for diversified allocations focusing on banks with high dividend yields and solid asset quality [6]

Group 1 - Agricultural Bank of China (ABC) shares surged over 5%, while Postal Savings Bank rose over 3%, both reaching historical highs [1][2] - ABC's market capitalization surpassed that of Industrial and Commercial Bank of China (ICBC), marking it as the new "universe bank" [1] - The overall market liquidity improved significantly during the rally led by ABC and other banks [1] Group 2 - The banking sector experienced a strong performance, with major banks like CITIC Bank and ICBC also seeing gains of over 2% [2] - The overall market was weak, with the Shanghai Composite Index down 1.25% and the Shenzhen Component down 2.83% [4] - Despite the overall market decline, the banking stocks showed resilience and strength, indicating a potential shift in market dynamics [1][2] Group 3 - Recent reports suggest that the narrowing of interest margin and reduced non-interest disturbances could lead to improved revenue and profit growth for listed banks in the first half of 2025 [3] - The banking sector's price-to-book (PB) ratio is currently at 0.71, which is at a low level compared to historical data, indicating potential value for investors [3] Group 4 - Market volatility has increased, with significant fluctuations in stock prices and investor sentiment [6][7] - Analysts suggest that the current market downturn is primarily due to a decline in risk appetite rather than any substantial negative news [7] - The market is expected to experience a period of consolidation, similar to past patterns observed in 2014-2015, before potentially moving higher [7][8]