Core Viewpoint - Kintor Pharmaceutical announced the termination of its subscription to a structured deposit agreement with Bank of China, amounting to RMB 980 million, effective January 7, 2026, without incurring any fees or penalties due to the termination occurring within the investment cooling-off period [1] Group 1 - The company subscribed to a structured deposit agreement with Bank of China for a principal amount of RMB 980 million [1] - The termination of the subscription was made after further consideration and adjustment of the company's financial management strategy [1] - The company will not have to pay any amount or incur any additional costs or penalties due to the termination [1]

Core Viewpoint - The company has announced the termination of its investment in a structured deposit agreement with Bank of China, amounting to RMB 980 million, which will not incur any costs or penalties due to the timing of the termination within the investment cooling-off period [1] Group 1 - The company subscribed to a structured deposit agreement with Bank of China for a principal amount of RMB 980 million [1] - The termination of the subscription was executed on January 7, 2026, after further consideration and adjustment of the company's financial strategy [1] - The termination does not require the company to pay any amount or incur any additional fees or penalties [1]

中国银行1月7日大宗交易平台出现一笔成交，成交量181.00万股，成交金额1006.36万元，大宗交易成交 价为5.56元。该笔交易的买方营业部为华泰证券股份有限公司总部，卖方营业部为国投证券股份有限公 司总部。 1月7日中国银行大宗交易一览 | 成交量 | 成交金额 | 成交价格 | 相对当日收盘折溢 | 买方营业部 | 卖方营业部 | | --- | --- | --- | --- | --- | --- | | （万股） | （万元） | （元） | 价（%） | | | | 181.00 | 1006.36 | 5.56 | 0.00 | 华泰证券股份有限 | 国投证券股份有限 | | | | | | 公司总部 | 公司总部 | （文章来源：证券时报网） 证券时报·数据宝统计显示，中国银行今日收盘价为5.56元，下跌0.54%，日换手率为0.13%，成交额为 15.29亿元，全天主力资金净流入3312.27万元，近5日该股累计下跌2.11%，近5日资金合计净流出5.15亿 元。 两融数据显示，该股最新融资余额为15.41亿元，近5日增加1.45亿元，增幅为10.42%。（数据宝） ...

作为主承销商，中国银行参与了80%以上的跨国公司熊猫债发行，凭借卓越的专业能力，支持众多外资 企业从市场的"新伙伴"成长为深耕中国的"老朋友"。 来源：中国银行 中国银行将继续发挥跨境金融服务主渠道作用和外汇外贸专业优势，依托覆盖境外64个国家和地区的机 构网络，助力全球企业共享中国发展机遇，当好连接中国与全球市场的金融纽带。 责任编辑：曹睿潼 来源：中国银行 1月7日，中国银行作为唯一中资主承销商，成功协助德国工业巨头汉高集团在中国银行间债券市场发行 15亿元熊猫债。 1月7日，中国银行作为唯一中资主承销商，成功协助德国工业巨头汉高集团在中国银行间债券市场发行 15亿元熊猫债。 本次发行是汉高集团在人民币债券市场的"首秀"，也是2026年全市场首笔外资熊猫债，对进一步提升熊 猫债市场国际影响力具有积极意义。 作为熊猫债市场的深耕者和引领者，中国银行始终致力于搭建中国内地资本市场双向开放的桥梁。自 2014年梅赛德斯-奔驰集团开启跨国公司熊猫债先河以来，以威立雅、宝马、大众、巴斯夫、汉高等为 代表的二十余家国际巨头相继入场。 作为熊猫债市场的深耕者和引领者，中国银行始终致力于搭建中国内地资本市场双向开放的桥梁 ...

格隆汇1月7日｜香港交易所信息显示，贝莱德在中国银行H股的持股比例于01月02日从5.98%升至 6.11%。 ...

Core Viewpoint - The China Bank Jiangxi Branch is actively promoting consumption during the New Year and Spring Festival by implementing various financial services and products to stimulate economic activity and enhance consumer experience [1][2]. Group 1: Enhancing Consumer Experience - The bank has launched a series of mobile banking promotions themed "Financial Benefits to Promote Consumption," including discounts on shopping and credit card repayment [2]. - It has integrated credit card services into high-frequency consumption scenarios, offering personalized benefits to meet diverse customer needs, such as discounts on public transport and fuel [2]. - The bank is also running online activities to encourage credit card usage, aiming to boost consumer spending [2]. Group 2: Innovative Financial Products - The bank has introduced tailored financial products like "Catering Loans," "Specialty Loans," and "Inn Loans" to support individual businesses and small enterprises, ensuring they have access to efficient financial services [6]. - These products are designed to alleviate financial pressures on local businesses, particularly during peak consumption periods like festivals [5][6]. Group 3: Increased Credit Supply - The bank is enhancing resource allocation and increasing credit investments to support regional cultural and tourism resources, thereby meeting diverse consumer demands [7]. - It has invested 30 million yuan to support the development of cultural heritage experiences, enhancing the consumer experience in traditional crafts [7]. - The bank has provided a total of 480 million yuan in loans to support the construction of scenic areas, significantly contributing to the local tourism economy [8].

Core Viewpoint - Morgan Stanley (China) Limited has been granted the qualification of general lead underwriter for non-financial corporate debt financing instruments by the China Interbank Market Dealers Association, marking a significant milestone in its bond business in China [1][2] Group 1: Company Developments - The approval of the general lead underwriter qualification will enhance Morgan Stanley's ability to serve both domestic and international issuers and investors, leveraging its global resources and local expertise [1] - Since entering the Chinese interbank bond market in 2004, Morgan Stanley has progressively expanded its qualifications, including becoming a market maker in 2008 and obtaining settlement agency qualifications in 2017 [1] - The company aims to contribute to the internationalization and inclusiveness of China's capital market, enhancing its pricing influence and resource allocation efficiency within the global financial system [1] Group 2: Market Position - From 2021 to 2025, Morgan Stanley is expected to maintain a leading position in the global bond underwriting market with an international bond underwriting scale of nearly $1.7 trillion and a market share of nearly 6% [1] - The company has completed over 9,000 issuance transactions for global issuers and holds over 7% market share in the international sovereign and quasi-sovereign bond underwriting sector [1] - The recognition of Morgan Stanley's capabilities by regulatory authorities reflects its commitment and professional service in the Chinese market [2]

中国银行1月6日发布公告称，因工作调动，自2026年1月6日起，赵蓉不再担任该行风险总监职务。这位 出生于1971年的"老中行人"，自1998年加入中国银行以来，从办公室副主任一步步升至总监职务，已在 该行服务27年。据中国出口信用保险公司（下称"中国信保"）官网披露，赵蓉已出任中国信保党委委 员。 中国银行原风险总监赵蓉 从办公室副主任走向风险总监 1月6日，中国银行发布公告称，该行风险总监赵蓉因工作调动辞任。公告明确，赵蓉确认与中国银行董 事会无不同意见，亦无任何其他事项需通知股东，并已完成相关交接工作。中国银行董事会对赵蓉任职 期间对该行做出的贡献表示感谢。 公开简历显示，赵蓉的职业生涯与中国银行紧密相连。1998年，她毕业于中国人民银行总行金融研究 所，获经济学博士学位，同年加入中国银行。她的早期经历包括办公室副主任、个人金融部营销总监、 采写：南都·湾财社记者 黄顺威 赵蓉担任中国银行风险总监期间，中国银行资产质量保持稳定。根据中国银行2025年第三季度报告，截 至2025年9月末，集团不良贷款率为1.24%，较年初下降0.01个百分点；总资产较年初增加4.93%至36.79 万亿元。 据中国信保官 ...

Core Viewpoint - Morgan Stanley (China) Co., Ltd. has officially obtained the qualification of general lead underwriter for non-financial corporate debt financing instruments from the China Interbank Market Dealers Association, marking a significant milestone in its bond business in China and promoting its deep participation in the innovative development and high-level opening of the Chinese bond market [1][3] Group 1: Company Achievements - Since 2004, Morgan Stanley has witnessed and participated in the continuous high-level opening of the Chinese bond market, achieving various qualifications over the years, including market maker in 2008, settlement agent in 2017, and becoming a market maker for Bond Connect in 2018 [1][3] - The approval of the general lead underwriter qualification will further broaden the company's service scope for domestic and foreign issuers and investors, leveraging its dual advantages of "global resources + local expertise" [1][3] Group 2: Market Position - Morgan Stanley has maintained a leading position in the bond underwriting field, with an international bond underwriting scale of nearly $1.7 trillion and a market share of nearly 6% from 2021 to 2025, serving over 9,000 issuance transactions globally [1][3] - The company ranks among the top in the international sovereign and quasi-sovereign bond underwriting field with over 7% market share [1][3] Group 3: Industry Context - The Chinese bond market continues to expand, with a custody balance reaching 196.3 trillion RMB by the end of November 2025, ranking second in the world, and achieving significant growth in both scale and quality [2][4] - As of the end of November 2025, the scale of bonds held by foreign institutions reached 3.61 trillion RMB, with 1,187 foreign institutions entering the market, making the Chinese bond market an important destination for global capital allocation [2][4]

Core Viewpoint - The report indicates that the global economy will continue to experience low growth, with real GDP growth expected to remain around 2.4% in 2026, influenced by various positive and negative factors [1][9][21]. Economic Overview - In 2025, global economic growth slowed compared to 2024, with real GDP growth at approximately 2.4%. Consumption faced pressure, while investment showed moderate expansion, particularly in the AI sector. Different economies exhibited varied performances, with manufacturing experiencing significant fluctuations and services remaining active [1][8][11]. - Global inflation continued to decline, with CPI growth around 3.6%. The frequent adjustments in U.S. tariff policies emerged as a major disruption to global trade, while cross-border direct investment showed a "front low back high" trend [1][2][8]. Inflation Trends - The downward trend in global inflation is nearing its end, with CPI growth expected to remain around 3.6% in 2026. Different economies are experiencing diverging inflation rates, with service trade and high-value goods trade showing potential for growth [2][22][24]. Trade Dynamics - U.S. tariff policies have become a primary disruptive factor in global trade, leading to a slowdown in overall trade growth and accelerating structural adjustments. The global trade growth rate is projected to be between 1% and 2% in 2026, with a focus on regional trade agreements and high-value goods [25][31][33]. Fiscal Policy - Major economies are expected to continue with expansionary fiscal policies, focusing on tax cuts, military spending, and infrastructure investments. The U.S. is projected to maintain a high defense budget, while the EU and Japan are also increasing their fiscal expenditures [34][37][39]. Monetary Policy - Central banks in major economies are likely to adopt flexible monetary policies, with the Federal Reserve expected to implement gradual interest rate cuts. The European Central Bank is anticipated to maintain a neutral rate, while the Bank of Japan continues its normalization path [40][41][42].