Sou Hu Cai Jing·2025-06-20 07:51Group 1 - Postal Savings Bank of China (PSBC) has announced a capital increase exceeding 100 billion yuan, marking its first large-scale state injection, with the Ministry of Finance becoming the third-largest shareholder [1] - The raised funds will be used entirely to supplement core Tier 1 capital, supporting future business development [1] - In the context of the government's plan to issue 500 billion yuan in special bonds to support state-owned commercial banks' capital replenishment, four major banks, including PSBC, collectively announced a fundraising plan of 520 billion yuan [1] Group 2 - The strategic significance of this capital reinforcement is not only for short-term capital supplementation but also for deeper financial supply-side reforms and mitigating debt risks [2] - Research indicates that banks with higher capital adequacy ratios can increase credit growth by 15% to 20% after capital replenishment [2] - The capital increase is expected to enhance the stability of long-term dividends, despite a slight short-term decline in dividend yield [2]