毕马威（中国）合伙人李晨重点分析了企业出海普遍面临国际税制复杂、监管严格及利润汇回困难等挑 战，提出在投资前期就必须进行全面的税务规划，构建合理的控股与融资架构。 深圳市南山区作为科技与产业创新的核心区，汇聚了大量具备国际化潜力的创新企业。本次活动聚焦跨 境投资与并购，围绕资产评估、法律查明与税务考量等实务议题，助力企业提升全球化运营能力，实现 稳健"出海"。 活动最后，宁波银行后海支行交易银行部刘然重点介绍了一站式综合金融服务平台。 本次活动的成功举办，标志着深圳市南山区工商联（总商会）在系统化赋能企业国际化征程上迈出了坚 实的一步。 作为本次活动的承办方，深圳市南山区资本市场协会也将持续深化这一服务路径，通过后续系列活动， 将资本市场的"活水"精准引入企业"出海"的各个环节，切实降低国际化转型的试错成本，提升全球资源 配置效率，为南山企业扬帆远航保驾护航。 本报讯 （记者刘晓一）11月20日，由深圳市南山区工商联（总商会）主办，深圳市南山区资本市场协 会承办的"企业出海的全球化战略与风险应对"系列活动第一场——"战略破局之海外投资并购与市场进 入策略"成功举办。 活动伊始，深圳市南山区工商联（总商会）相关 ...

| 基金名称 | 兴银创盈一年定期开放债券型发起式证券投资基金 | | --- | --- | | 基金简称 | 兴银创盈一年定开债发起 | | 基金主代码 | 018826 | | 基金管理人名称 | 兴银基金管理有限责任公司 | | 公告依据 | 《公开募集证券投资基金信息披露管理办法》《基金 | | | 管理公司投资管理人员管理指导意见》 | | 基金经理变更类型 | 解聘基金经理 | | 共同管理本基金的其他基金经理姓名 | 叶冬义 | | 离任基金经理姓名 | 陶围峰 | 中国经济网北京11月21日讯近日，兴银基金公告，陶国峰离任兴银创盈一年定开债发起，叶冬义管理。 兴银创盈一年定开债发起成立于2024年3月6日，截至2025年11月20日，其今年来收益率为0.24%，成立 来收益率为1.96%，累计净值为1.0196元。 叶冬义历任国投瑞银基金管理有限公司信用研究员、宁波银行股份有限公司资金营运中心信用研究员。 2023年12月加入兴银基金管理有限责任公司，历任固定收益部基金经理助理，现任基金经理。 ...

Core Viewpoint - Ningbo Bank will suspend certain electronic banking services due to the People's Bank of China's system downtime and will conduct a system upgrade to enhance service quality [1] Group 1: Service Suspension Details - From 00:00 to 06:00 on November 23, 2025, Ningbo Bank will halt cross-bank transfer transactions and super online banking services [1] - During the system upgrade from 20:00 on November 22 to 04:00 on November 23, various functionalities of the mobile banking system will be temporarily unavailable, including rights redemption, coupon usage, and credit card services [1] - The customer service system will only support phone calls and will not handle specific business transactions during the upgrade period [1] Group 2: Specific Service Interruptions - The mobile banking system, online banking system, treasury management system, and digital human resources system will be temporarily unavailable from 00:00 to 02:00 on November 23 [1] - Customers are encouraged to contact the Ningbo Bank customer service hotline for assistance during the service interruptions [1]

2025 年 11 月 21 日 双融日报 --鑫融讯 分析师：万蓉 S1050511020001 wanrong@cfsc.com.cn 市场情绪：32 分（较冷） 最近一年大盘走势 资料来源：Wind，华鑫证券研究 -10 -5 0 5 10 15 20 25 (%) 沪深300 相关研究 1、《双融日报》2025-11-20 2、《双融日报》2025-11-19 3、《双融日报》2025-11-18 ▌ 华鑫市场情绪温度指标：（较冷） 华鑫市场情绪温度指标显示，昨日市场情绪综合评分为 32 分，市场情绪处于"较冷"。历史市场情绪趋势变化可参 考图表 1 ▌ 热点主题追踪 今日热点主题：有色金属、电力设备、银行 1、有色金属主题：美元降息提振需求预期，AI 数据中心拉 动边际增量。铜：金融属性叠加矿端紧张、冶炼厂减产，传 统需求韧性+AI 拉动，价格中枢上移。铝：国内产能见顶、 海外增量有限，十五五开局紧平衡强化。相关标的：紫金矿 业（601899）、中国铝业（601600） 2、电力设备主题：在全球能源转型与数字化转型的交汇点， 人工智能正加速渗透电力行业。国际能源署（IEA）预测，到 2030 年，全 ...

Core Viewpoint - The article discusses the upcoming 25th China Venture Capital & Private Equity Annual Forum, highlighting its significance in the investment landscape and the participation of key industry leaders [2][3]. Event Details - The forum will take place from December 2 to December 5, 2025, in Shenzhen, China [3]. - The event is themed "Innovation and Investment Carnival," featuring a lineup of prominent speakers and industry experts [5]. Key Speakers - Notable speakers include Chen Wei (Chairman and Founding Partner of Dongfang Fuhai), Ni Zhengdong (Founder and Chairman of Qianhai Capital), and other influential figures from various investment firms [6][8][21][24][30][36][40][44][49][66]. Agenda Highlights - The agenda includes a series of keynote speeches, panel discussions, and roundtable dialogues focusing on investment trends, challenges, and opportunities in the venture capital space [129][132][134]. - Specific topics will cover themes such as the future of mergers and acquisitions in China, the rise of corporate venture capital, and the investment landscape in hard technology [134][135]. Special Activities - The forum will also feature special events such as a networking dinner and a sports event, aimed at fostering connections among industry professionals [144][147]. Sponsorship and Support - The event is supported by various sponsors, including prominent investment firms and financial institutions, indicating strong industry backing [151][152].

登录新浪财经APP 搜索【信披】查看更多考评等级 注：本基金不向个人投资者公开销售。 2、申购、赎回、转换业务的办理时间 （1）开放日及开放时间 投资人办理基金份额的申购、赎回等业务的开放日为相应开放期的每个工作日，2025年11月24日（含该 日）至2025年11月28日（含该日）为本基金第四个开放期。管理人有权根据本基金的申购、赎回及转换 情况调整本次开放期。 （2）申购、赎回、转换业务办理时间 （1）申购金额限制 投资人办理基金份额的申购、赎回、转换业务的开放日为开放期内的每个工作日，具体办理时间为上海 证券交易所、深圳证券交易所的正常交易日的交易时间，但基金管理人根据法律法规、中国证监会的要 求或基金合同的规定公告暂停申购、赎回、转换业务时除外。 本基金申购的单笔最低金额为1元人民币（含申购费）。各销售机构在此最低金额基础之上对申购限额 及交易级差有其他规定的，以各销售机构的业务规定为准。 基金合同生效后，若出现新的证券交易市场、证券交易所交易时间变更或其他特殊情况，基金管理人将 视情况对前述开放日及开放时间进行相应的调整，但应在实施日前依照《信息披露办法》的有关规定在 规定媒介上公告。 基金管理人不 ...

1.公告基本信息 ■ 2.与分红相关的其他信息 ■ （4）权益登记日当天，注册登记人不接受投资者申请办理转托管、非交易过户等特殊业务。 （5）根据《光大保德信安和债券型证券投资基金基金合同》的规定，红利分配时所发生的银行转账或 其他手续费用由投资者自行承担，若红利分配金额小于银行转账或其他手续费用，则自动转为红利再投 资。因此，当投资者的红利分配金额小于最低现金红利发放限额10.00元（不含10.00元）时，注册登记 机构则将投资者的现金红利按2025年11月24日除权后的基金份额净值自动转为基金份额。 （6）光大保德信基金管理有限公司网站：www.epf.com.cn。 （7）光大保德信基金管理有限公司客户服务热线：4008-202-888。 （8）本基金代销机构 中国民生银行股份有限公司、交通银行股份有限公司、晋商银行股份有限公司、宁波银行股份有限公 司、平安银行股份有限公司、兴业银行股份有限公司、招商银行股份有限公司、中国光大银行股份有限 公司、中国建设银行股份有限公司、光大证券股份有限公司、国金证券股份有限公司、中信证券股份有 限公司、东方财富证券股份有限公司、国泰海通证券股份有限公司、国投证券股份有 ...

2025 年 11 月 20 日 双融日报 市场情绪：37 分（较冷） 最近一年大盘走势 -15 -10 -5 0 5 10 15 20 25 (%) 沪深300 资料来源：Wind，华鑫证券研究 相关研究 | 1、《双融日报》2025-11-19 | | --- | | 2、《双融日报》2025-11-18 | | 3、《双融日报》2025-11-17 | ▌ 华鑫市场情绪温度指标：（较冷） 华鑫市场情绪温度指标显示，昨日市场情绪综合评分为 37 分，市场情绪处于"较冷"。历史市场情绪趋势变化可参 考图表 1 ▌ 热点主题追踪 今日热点主题：有色金属、电力设备、银行 1、有色金属主题：美元降息提振需求预期，AI 数据中心拉 动边际增量。铜：金融属性叠加矿端紧张、冶炼厂减产，传 统需求韧性+AI 拉动，价格中枢上移。铝：国内产能见顶、 海外增量有限，十五五开局紧平衡强化。相关标的：紫金矿 业（601899）、中国铝业（601600） 2、电力设备主题：在全球能源转型与数字化转型的交汇点， 人工智能正加速渗透电力行业。国际能源署（IEA）预测，到 2030 年，全球数据中心的耗电量将翻一番。作为世界电力大 国， ...

Core Viewpoint - The "2025 China Financial Institutions Annual Conference" held in Shenzhen focuses on empowering and reshaping value in the financial sector, with discussions on current economic and financial issues in China [1][2]. Group 1: Event Overview - The conference includes a main forum and six sub-forums covering various sectors such as securities investment banking, asset management, banking, insurance, trust, and futures [2]. - Over 1,000 industry elites from leading banks, insurance companies, securities firms, and futures companies participated in discussions [2]. Group 2: Awards and Recognitions - The "2025 China Banking Industry Tianji Award" results were announced, with over 100 banking institutions competing [2]. - Notable winners include: - Regional Influence Bank Tianji Award: Industrial Bank, Ningbo Bank, WeBank, and others [5]. - Outstanding Service Bank Tianji Award for the Guangdong-Hong Kong-Macao Greater Bay Area: China Construction Bank Shenzhen Branch, CITIC Bank Shenzhen Branch, and others [5]. - Outstanding Wealth Management Bank Tianji Award: Agricultural Bank of China Wealth Management, Ping An Wealth Management, and others [6]. Group 3: Specific Awards - Various awards were given for different categories, including: - Outstanding Consumer Finance Company Tianji Award: Zhaolian [6]. - Leading Wealth Management Team Tianji Award: Teams from Bank of China Wealth Management, Ping An Wealth Management, and others [11]. - Outstanding Mobile Banking APP Tianji Award: Shanghai Bank's mobile banking [18]. Group 4: Industry Impact - The Tianji Award, organized by the Securities Times, is a prestigious recognition in the banking sector, focusing on the progress and development of commercial banks over the past year [21]. - The award evaluation process combines quantitative indicators, expert reviews, and public voting, aiming to identify the best companies and innovations in the Chinese banking industry [21].

Core Insights - Recent actions by banks in the public fund distribution sector reflect a competitive strategy to attract clients through fee reductions while simultaneously increasing risk ratings for certain funds, indicating a focus on investor protection and appropriate risk management [1][6][8] Fee Discounts - Minsheng Bank announced a 50% discount on the subscription fee for the "Minsheng Jiayin Multi-Asset Stable Allocation Fund" from November 24 to December 31, 2025, applicable through various banking channels [3] - Industrial Bank also introduced a 50% discount on subscription and regular investment fees for four Morgan fund products starting November 25, 2025, with specific fee reductions detailed [4] - WeBank has taken a more aggressive approach, offering some funds with a 0% subscription fee, significantly lower than traditional banks' discounts [4][5] Risk Rating Adjustments - Minsheng Bank has raised the risk ratings of several public fund products from "low risk" to "medium risk," emphasizing the importance of investor suitability and risk awareness [6][7] - Other banks, including China Construction Bank and Postal Savings Bank, have also adjusted risk ratings upward for various funds, indicating a trend of increasing risk assessments across the industry [7][8] - The adjustments are seen as a proactive measure to enhance compliance and protect investor interests amid market volatility [8] Industry Trends - The competitive landscape in wealth management is shifting from a focus on sales to a more client-centric approach, with banks aiming to improve customer experience and long-term value through diversified services [6][10] - Analysts suggest that banks need to overcome traditional sales-focused mindsets and enhance their advisory capabilities to build sustainable competitive advantages [9][10] - The emphasis on risk rating adjustments and fee discounts reflects a broader industry trend towards more precise risk disclosures and improved investor protection [8][9]