上海银行行长施红敏：丰富多元化策略布局 把握人民币国际化加速推进的战略机遇

Core Viewpoint - Shanghai Bank is focusing on strategies to navigate bond market volatility and achieve stable revenue growth through a diversified income approach [1][2]. Group 1: Revenue Strategies - The bank emphasizes the importance of the "three major income" streams to adapt to market cycles and ensure sustainable growth [1]. - In terms of net interest income, the bank has maintained stability despite a slight narrowing of net interest margins, supported by the growth of interest-earning assets [2]. - The bank is enhancing its wealth management and trade settlement services to offset the decline in fee income, with expectations of a gradual narrowing of the revenue drop [2]. Group 2: Bond Investment Strategy - The bank's bond investment strategy includes four key directions: 1. Serving the real economy by optimizing asset allocation and enhancing comprehensive services for corporate clients [3]. 2. Diversifying strategies to leverage the acceleration of RMB internationalization and expanding offshore asset investments [3]. 3. Maintaining core trading value contributions by improving market analysis and capturing trading signals effectively [3]. 4. Balancing risk and return by controlling portfolio duration to mitigate market interest rate volatility risks [3].