Zheng Quan Ri Bao·2025-08-08 07:24Core Viewpoint - The establishment of Asset Investment Companies (AICs) by national commercial banks is accelerating, which is expected to enhance banks' participation in technology finance and equity markets, contributing to the high-quality development of the banking industry [1][2]. Group 1: Establishment of AICs - The National Financial Regulatory Administration has approved the establishment of AICs by several national commercial banks, including the first approval for Industrial Bank to set up an AIC [2]. - Following this, CITIC Bank announced a plan to invest 10 billion RMB to establish a wholly-owned subsidiary AIC, while China Merchants Bank plans to invest 15 billion RMB for the same purpose [2]. - The establishment of AICs aligns with the banks' strategies to support technology finance and meet the financing needs of innovative enterprises [3]. Group 2: Impact on Banks - The investments in AICs are seen as key measures for banks to support national strategies and enhance their service capabilities in the real economy [3]. - The establishment of AICs will help banks diversify their operations and improve their integrated business capabilities [3]. Group 3: Benefits and Challenges - The establishment of AICs is expected to bring comprehensive benefits to banks, including enhanced service offerings for technology enterprises and additional revenue streams beyond equity investments [5]. - However, challenges exist, such as the need for strong investment research capabilities and the high risks associated with equity investments, which require banks to develop appropriate long-term assessment mechanisms [6].