阳泉开创投资控股集团有限公司作为市属重点国企，在区域产业升级、实体经济发展中发挥着重要作 用。浦发银行太原分行精准把握企业直接融资需求，通过债券投资业务搭建高效融资桥梁，不仅为企业 锁定了优质融资资源、降低了融资成本，更助力企业将募集资金精准投向主营业务发展，为地方产业结 构优化升级注入金融动能。 据介绍，作为服务地方经济发展的金融主力军，浦发银行太原分行始终聚焦区域核心主体融资需求，以 创新金融服务助力实体经济高质量发展。浦发银行太原分行相关负责人表示，未来，该行将持续聚焦区 域核心国企、重点产业主体的金融需求，不断深化直接融资业务布局，以更专业的金融产品、更精准的 服务举措，衔接企业多元化融资诉求，为区域实体经济高质量发展贡献更多浦发力量。 山西晚报·山河+讯（记者 张珍 通讯员 郑惠帆 刘雨轩）近日，浦发银行太原建设路支行成功参与 阳泉开创投资控股集团有限公司2025年首期公司债券投资，以1.1亿元认购金额，为企业5亿元债券发行 提供坚实金融支撑，实现区域国企直接融资的重要突破。 据悉，此次发行的公司债券创下两项区域行业纪录，该债券既是山西省内AA主体非煤企业发行的首单 此类债券，更以2.52%的票面利 ...

1. 公开市场操作 央行公告称， 12 月 16 日以固定利率、数量招标方式开展了 1353 亿元 7 天期逆回购操作，操作利率 1.40% ，投标量 1353 亿元，中标量 1353 亿元。 Wind 数据显示，当日 1173 亿元逆回购到期，据此计算，单日净投放 180 亿元 。 2. 资金面 （*数据来源：Wind-央行动态PBOC） 虽然适逢月度税期时点，银行间市场周二整体流动性依然偏松，存款类机构隔夜回购加权利率（ DR001 ）进一步下行至 1.27% 附近。 海外方面，最新美国隔夜融资担保利率为 3.67% （IMM） // 债市综述 // （*数据来源：Wind-国际货币资金情绪指数、资金综合屏） 3. 同业存单 全国和主要股份制银行一年期同业存单最新成交在 1.67% 附近，较上日小幅上行。 （*数据来源：Wind-同业存单-发行结果） 4. 银行间主要利率债收益率 （*数据来源：Wind-利差分析） 6. 国债期货收盘 30 年期主力合约跌 0.19% 10 年期主力合约涨 0.05% 5 年期主力合约涨 0.03% 2 年期主力合约跌 0.02% （*数据来源：Wind-国债期货） | ...

Regulatory - Sichuan, Chongqing, and Guizhou have expanded the consumer loan interest subsidy policy to local banks, encouraging more banks to participate in the subsidy program and adapt financial products to consumer scenarios [2] - The current round of consumer loan subsidies is a continuation of previous policies, with a nationwide consumer loan interest subsidy policy officially launched in August, involving six major state-owned banks and twelve national joint-stock banks as initial participating institutions [2] Banking - Yibin Bank has been approved to increase its registered capital from 3.9 billion to 4.5884 billion RMB, with an increase of 688.4 million RMB [2] - Shanghai Pudong Development Bank's Kunming branch was fined 500,000 RMB for serious negligence in the "three checks" of loans [3] - The vice chairman of Cangzhou Bank has had his appointment qualifications approved by the Hebei Financial Regulatory Bureau [4] Large Companies - Changsha Bank plans to increase its investment in its subsidiary, Hunan Changyin 58 Consumer Finance Co., Ltd., by no more than 1.55 billion RMB, subject to regulatory approval [5][6] - The increase aims to enhance the capital strength of Changyin 58, improve its risk resistance capabilities, and promote sustainable development [6] - Jin Bo has been promoted from deputy general manager to general manager of Puda Credit, with a background in credit, social credit, and digital finance [6]

浦发银行抚州分行的成立，是浦发银行落实国家金融改革部署、防范化解金融风险、优化区域战略布局、提升金融服务能级的重要成果，也是浦发银行南昌 分行完善服务网络、服务区域经济社会发展的具体行动。浦发银行党委委员、公司业务总监汪素南出席揭牌仪式并向抚州分行负责人授牌，南昌分行班子成 员、相关部门负责人和抚州分行干部员工代表参加仪式。 当天，浦发银行抚州分行及其辖属抚州临川支行、抚州唱凯支行同时揭牌开业。至此，浦发银行南昌分行在江西省开设的网点总数达41家，进一步完善立足 南昌、辐射全省的金融服务网络。 转自：新华财经 12月12日，浦发银行抚州分行揭牌正式开业，成为浦发银行南昌分行辖属的第6家二级分行，标志着浦发银行收购村镇银行设立的首家二级分行焕新启航， 同时也成为江西省内村镇银行改革后设立二级分行机构的首个成功案例。 编辑：穆皓 浦发银行南昌分行党委书记、行长郝佳表示，20年来，浦发银行南昌分行认真贯彻落实江西省委、省政府决策部署，紧跟监管要求和总行战略导向，以服务 全省经济社会高质量发展为己任，统筹运用多元金融服务模式，多渠道引资入赣，累计向江西提供各类融资超8000亿元，成为助推江西经济社会发展的重要 金融力 ...

智通财经APP讯，光大环境(00257)公布，公司全资附属公司光大环保中国已于2025年12月16日完成发行 光大环保(中国)有限公司2025年度第一期绿色定向资产支持票据(碳中和债)。于2025年度第一期资产支 持票据项下发行的资产支持票据的总面值为人民币7.87亿元。所得款项将用作补充其流动资金、偿还其 金融机构借款及╱或其他符合国家有关产业政策和适用法律法规的用途。 在承销协议的框架下，光大环保中国也与光大证券股份有限公司、上海浦东发展银行股份有限公司、中 国民生银行股份有限公司及宁波银行股份有限公司就发行2025年度第一期资产支持票据订立承销协议， 据此，光大证券作为主承销商，浦发银行、民生银行及宁波银行作为联席主承销商负责按照承销协议的 条款发行2025年度第一期资产支持票据。 ...

南财智讯12月16日电，天赐材料公告，公司于2025年12月15日与上海浦东发展银行股份有限公司九江分 行签订《最高额保证合同》，为合并报表范围内的全资子公司九江天赐资源循环科技有限公司的授信业 务提供连带责任保证担保，最高担保金额为1亿元。本次担保事项在公司已审批的对子公司担保额度范 围内，无需提交董事会及股东大会审议。截至目前，公司及子公司对外担保余额为111,573万元，占归 属于上市公司股东最近一期经审计净资产的8.51%，无逾期担保、诉讼担保或因担保被判决败诉的情 况。 ...

Core Viewpoint - The gold market is experiencing a historic surge, with prices reaching 1353 CNY per gram on December 15, 2025, compared to 340 CNY per gram on the same day in 2019, driven by factors such as interest rate cuts by the Federal Reserve, global central banks' gold purchases, and escalating geopolitical tensions [1][3]. Group 1: Price Trends - On December 15, 2025, gold prices in China ranged from 1301 to 1353 CNY per gram, with high-end brands like Chow Tai Fook exceeding 1350 CNY [3]. - The international gold price was reported at 4304 USD per ounce, showing a slight increase of 0.1% from the previous day, but down from a high of 4353 USD [3]. - In 2025, gold prices surged from 2650 USD per ounce at the beginning of the year to 4300 USD by December, marking a growth of over 60% [1][3]. Group 2: Market Dynamics - The global central bank gold purchases reached a record level in 2025, with net purchases amounting to 254 tons by October, and total purchases exceeding 1200 tons in the first eleven months, a 15% increase year-on-year [5][7]. - The Federal Reserve's decision to cut interest rates by 25 basis points in December 2025 contributed to an 8% decline in the dollar index, prompting a shift of funds from bonds to gold [7]. - The geopolitical landscape, including ongoing conflicts and trade tensions, has reinforced gold's status as a safe-haven asset, leading to significant inflows into gold ETFs [9][11]. Group 3: Investment Behavior - In 2025, gold ETF inflows reached 500 tons in the first three quarters, surpassing the entire net inflow of 400 tons in 2019 [11]. - Short-term traders are adopting a cautious approach, with strategies focused on specific price ranges, while long-term investors are targeting a price range of 4900 to 5000 USD for 2026 [12][14]. - There is a noticeable shift in consumer behavior, with a 15% increase in bank gold bar sales but a 10% decrease in gold jewelry sales, indicating a preference for lower-premium investment gold bars over jewelry [14].

Investment Rating - The report rates the industry as "Overweight" [4]. Core Insights - The establishment of wealth management companies by banks in 2025 is expected to stabilize and positively contribute to income, especially with favorable equity market conditions enhancing performance elasticity [2]. - The wealth management market has surpassed 30 trillion yuan, accounting for 18.8% of the large asset management market, indicating a shift towards standardized development [7][9]. - The risk appetite for wealth management investments has marginally increased, with a notable shift in asset allocation towards high liquidity assets and public funds [32][37]. Summary by Sections 1. Wealth Management Development - The total scale of wealth management products has exceeded 30 trillion yuan, with 4.39 million products in circulation, reflecting a 10% year-on-year growth [7]. - By the end of Q3 2025, the scale of wealth management companies reached 29.28 trillion yuan, representing 91.1% of the total market, with 14 companies managing over 1 trillion yuan each [12][17]. 2. Changes in Product Types and Asset Investment Structure - The proportion of fixed income and hybrid products has steadily increased since 2024, while cash management products have significantly decreased [23]. - By Q3 2025, fixed income products accounted for 76.5% of the total wealth management products, with a notable decline in cash management products [23][24]. 3. Future Income Expectations - Wealth management income is anticipated to show stable and positive growth, with a significant recovery from a 43.2% year-on-year decline in 2023 to a narrower decline of 2.7% in 2024 [6][7]. - The transition period for asset management regulations is nearing completion, which is expected to alleviate previous income pressures [6][7]. 4. Investment Structure and Risk Appetite - The investment structure has shifted, with a decrease in bond investments and an increase in cash and bank deposits, reflecting a strategy to enhance liquidity [34]. - The risk appetite for equity investments has improved, with a notable increase in the proportion of public fund investments [37].

证券时报·数据宝统计，截至上午收盘，今日沪指跌1.22%，A股成交量782.45亿股，成交金额11396.19 亿元，比上一个交易日减少4.85%。个股方面，917只个股上涨，其中涨停35只，4467只个股下跌，其 中跌停22只。从申万行业来看，商贸零售、美容护理等涨幅最大，涨幅分别为1.11%、0.86%；有色金 属、综合、电力设备等跌幅最大，跌幅分别为3.52%、3.18%、3.02%。（数据宝） （文章来源：证券时报网） | 申万行业 | 行业涨跌（%） | 成交额（亿元） | 比上日（%） | 领涨（跌）股 | 涨跌幅（%） | | --- | --- | --- | --- | --- | --- | | 商贸零售 | 1.11 | 360.75 | 50.13 | 永辉超市 | 10.10 | | 美容护理 | 0.86 | 32.62 | 15.33 | 百亚股份 | 4.08 | | 石油石化 | -0.25 | 57.76 | 17.23 | 恒逸石化 | -8.87 | | 食品饮料 | -0.32 | 227.32 | 1.03 | 交大昂立 | -6.38 | | 银行 | -0.37 ...

12月15日，万科企业股份有限公司（万科A，000002.SZ）发布关于2022年度第四期中期票据（22 万科MTN004）第一次持有人会议的答复公告，确认知晓本次债券持有人会议的表决结果，并就展期相 关事宜给各相关方带来的影响致歉。万科表示，公司将与各方坦诚沟通协商，研究完善举措，继续寻求 本期债券解决方案，维护各方长远共同利益。 根据《银行间债券市场非金融企业债务融资工具持有人会议规程》规定及本期债券发行文件约定， 三项议案须分别由持有本期债务融资工具表决权超过总表决权数额90/100的持有人同意后方可生效。 根据万科2022年度第四期中期票据展期方案投票结果，三项展期方案均未获90%的生效门槛。 其中，议案一遭零票支持；16家机构投出反对票，有效表决权数额为15340000，占总表决权数额的 76.70%；其他表决权均弃权。议案二获得83.40%的同意表决，也是最接近通过的方案。 同意议案二的持有人或持有人代理人共7家，有效表决权数额为16680000，占总表决权数额的 83.40%；投反对票的共11家，有效表决权数额为3210000，占总表决权数额的16.05%；其他表决权均弃 权。 议案三则仅获1家 ...