2023-08-30 16:00Bond Issuance - In the first half of the year, the Panda bond issuance reached CNY 16.785 billion, capturing a market share of 23.67%, ranking first in the market[2] - The offshore bond issuance totaled USD 1.039 billion, with a market share of 7.15%, also ranking first[2] - The bank underwrote bonds totaling CNY 681.11 billion in the interbank bond market in the first half of the year, maintaining the top position in credit bond sales in the market[196] - The bank supported the issuance of green bonds totaling CNY 229.04 billion, ranking first in the interbank bond market[196] - The bank's market share in offshore bond underwriting ranked first, with a leading position in the Panda bond market[196] Asset Management - The total asset management scale of the bank reached CNY 561.226 billion by the end of June, with public fund assets amounting to CNY 455.231 billion[9] - The bank's net profit from the asset management business was CNY 3.91 billion, with total assets of CNY 6.383 billion by the end of June[8] - The bank's asset management business scale reached 3.02 trillion yuan as of June[181] - The bank's total assets under custody reached 16.48 trillion yuan as of June[182] Financial Performance - The group reported a net profit of CNY 1.3 trillion in the first half of the year, representing a year-on-year growth of 2.6%[36] - The group achieved an operating income of CNY 319.21 billion and a net profit of CNY 127.69 billion, representing year-on-year growth of 8.88% and 3.35%, respectively[82] - The group’s operating expenses for the first half of the year were CNY 1,646.39 billion, an increase of CNY 223.21 billion or 15.68% year-on-year[32] - The group achieved a total profit of 4.536 billion USD in the first half of the year, a year-over-year increase of 23.09%[184] Loan Growth - The bank's consumer finance loan balance was CNY 66.282 billion, reflecting a year-on-year growth of 7.25%, with online loans accounting for 55.10% of the total[13] - Strategic emerging industry loans and medium to long-term loans for manufacturing increased by 45.46% and 22.56% respectively compared to the end of last year[66] - Inclusive small and micro enterprise loans exceeded 1.55 trillion RMB, a year-on-year growth of 40.35%[66] - The total customer loans reached CNY 19.264684 trillion, an increase of CNY 1.711923 trillion, or 9.75% year-on-year[110] - The bank's RMB corporate loans in mainland China reached 98,731.95 billion yuan, an increase of 13,975.24 billion yuan, or 16.49% year-over-year[169] Digital Transformation - The bank launched the first ESG-themed ETF in the Hong Kong market, tracking the Greater Bay Area index[4] - The bank's digital transformation efforts included the application for 1,510 patents in the first half of the year, maintaining a leading position in blockchain patent applications[17] - The bank is enhancing its online service capabilities to improve customer transaction convenience and is accelerating the digital transformation of financial market operations[198] - The bank is advancing its digital transformation in personal finance to enhance service efficiency[192] - The group is actively advancing digital transformation, leveraging technologies such as big data, artificial intelligence, and blockchain to enhance service quality[150] Customer Deposits - Total customer deposits reached RMB 22,449.314 billion, an increase of RMB 2,247.489 billion or 11.13% compared to the end of the previous year[127] - As of June, the company's RMB corporate deposits reached RMB 8.46 trillion, an increase of RMB 928.20 billion, or 12.32%, marking the highest increase for the same period in nearly a decade[167] - Foreign currency corporate deposits amounted to USD 106.94 billion, an increase of USD 16.70 billion, or 18.51%, maintaining the top market share among peers[167] Risk Management - The group has implemented a comprehensive risk management framework to address challenges and ensure stability in operations[150] - The company has implemented reforms to enhance risk prevention and promote innovation[65] Non-Performing Loans - The group’s non-performing loan balance stood at CNY 3.2 trillion with a non-performing loan ratio of 1.62% as of June[36] - The non-performing loan ratio improved to 1.28%, down from 1.32% in the previous year[73] - The non-performing loan balance was CNY 246.88 billion, with a non-performing loan ratio of 1.28% and a provision coverage ratio of 188.39%[84] Investment Activities - The investment activities resulted in a net cash outflow of CNY 258.776 billion, an increase of CNY 181.936 billion year-on-year[43] - The total investment amount as of June 30, 2023, was CNY 6.732627 trillion, an increase of CNY 297.383 billion, or 4.62% from the end of the previous year[112] - The group's asset impairment losses amounted to RMB 60.581 billion, an increase of RMB 7.856 billion or 14.90% year-on-year, with loan impairment losses rising by RMB 16.421 billion or 36.03%[120] Customer Base - The bank's effective customer base grew by 10.52% year-on-year, with individual effective customers increasing by 4.85%[67] - As of June, the total financial assets of individual clients reached nearly RMB 14 trillion, with a steady increase in the number of high-end clients[159] - The number of family trust clients grew by 52.59% compared to the end of last year, with a total of 172,900 private banking clients and financial assets amounting to RMB 2.69 trillion[160] Corporate Governance - The company has no instances of non-operating fund occupation by controlling shareholders or related parties during the reporting period[56] - The company’s financial report was guaranteed to be true, accurate, and complete by its legal representative and chairman[55]