本报记者 彭 妍 春节过后，居民闲置资金集中进入配置窗口，银行理财市场迎来新一轮布局热潮。多家理财公司抢 抓开工季节点，密集推出各类理财产品，一场面向节后回流资金的理财"抢客战"正式打响。 中国邮政储蓄银行研究员娄飞鹏对《证券日报》记者表示，理财公司集中推出开工季理财产品，主 要是为承接节后回流资金与到期存款，同时在低收益环境下通过差异化产品设计提升客户黏性、强化品 牌渗透，满足不同风险偏好投资者的配置需求，实现管理规模与客户群体的双重增长。 差异化竞争态势明显 从机构布局来看，不同类型理财公司差异化竞争态势明显：国有大行理财公司侧重稳健产品线与全 场景覆盖，股份行理财公司聚焦中低风险赛道，通过期限与流动性搭配构建产品矩阵。 农银理财按照风险偏好分层布局，形成"保守+稳健+进取"产品体系。现金管理类产品"农银时时 付"76号支持每日开放申赎，近7日年化收益率为2.08%；稳健型产品"农银安心·天天利"（票息优选）近 1月年化收益率为2.19%；进取型产品"农银进取·灵动"180天（多元衡享）近1月年化收益率达5.66%。 工银理财则构建全场景产品体系，聚焦固收增强类产品，满足投资者稳健增值的需求。其中"天天 ...

本行董事会及全体董事保证本公告内容不存在任何虚假记载、误导性陈述或者重大遗漏，并对其内容的 真实性、准确性和完整性承担法律责任。 中信证券股份有限公司（以下简称中信证券）为中信银行股份有限公司（以下简称本行）向原A股股东 配售股份项目（以下简称本次项目）的联席保荐机构。中信证券原委派马小龙先生、胡雁女士担任本次 项目的保荐代表人。 炒股就看金麒麟分析师研报，权威，专业，及时，全面，助您挖掘潜力主题机会！ 证券代码： 601998 证券简称：中信银行 公告编号：临2026-004 中信银行股份有限公司 关于变更保荐代表人的公告 中信银行股份有限公司董事会 2026年2月25日 胡张拓先生简历 胡张拓，男，保荐代表人，现任中信证券投资银行管理委员会副总裁，曾担任中国邮政储蓄银行股份有 限公司2025年向特定对象发行A股股票项目的保荐代表人，曾参与多个保荐类业务项目，在保荐业务执 业过程中严格遵守《证券发行上市保荐业务管理办法》等相关规定，执业记录良好。 上个马年沪指涨近60%！新年新福利来了，炒股排面要拉满，新号启幸运>> 近日，本行收到中信证券通知，胡雁女士因工作变动，不再担任本次项目的保荐代表人。为保证本次项 ...

线下缴费渠道：各乡镇（街道）"城乡居民基本医疗保险"代征点智能POS机缴费；海南农商银行网点自 动取款机ATM、存取款机（CRS）；邮储银行、工商银行、交通银行、中信银行、招商银行营业网点 柜面。记者 刘兵 本报讯 距离2026年海南省城乡居民基本医疗保险和长期护理保险集中征缴期结束（2月28日）仅剩3 天，省社保中心提醒居民抓紧确认自己或家人是否已缴费，如还未办理需抓紧时间。 缴费标准：18周岁以上缴费标准426元（含长期护理保险26元），18周岁以下缴费标准400元。 线上缴费渠道：1."海南社保医保"微信公众号。点击"海南社保医保"微信公众号，选择"微信息"-"社保 医保个人缴费"，进入"社保缴费"业务，选择"城乡医疗+长护险缴费"。 2."海南医保"小程序或App。进入"海南医保"首页，点击"居民医保及长护险缴费"进入"社保云缴费"小 程序。 ...

Core Insights - The report from Wangshang Bank highlights a vibrant consumer market during the Spring Festival, with significant activity in small and micro enterprises, driven by new consumption trends such as the return home economy, ice and snow tourism, and the pet economy [1] Group 1: Financial Support for Small and Micro Enterprises - Multiple banks have focused on providing on-the-ground services to small and micro businesses during the Spring Festival, exemplified by Wuhan Zhongbang Bank's establishment of a special service team to offer rapid financial services directly at business locations [2] - The banking sector has shown a trend of expanding support for small businesses, with flexible credit options to meet the increased demand for inventory and labor during the holiday season, alongside a shift towards more scene-based and intelligent financial products [2][3] Group 2: AI and Technology in Financial Services - The application of AI technology has streamlined the financing process for small businesses, allowing for quicker and more inclusive access to funds, with over 70% of users receiving interest-free funds coming from third-tier cities [3] - Banks are utilizing AI for intelligent approval processes, reducing manual data entry and enabling real-time credit assessments through big data risk models [3] Group 3: Characteristics of Banking Support - The banking sector's support for small enterprises during the Spring Festival is characterized by four main features: diversified services, precision in addressing core issues like inventory and labor, broader coverage through digital technology, and improved service experiences [4] - Future banking strategies may include predictive services using AI to anticipate funding needs, creating interconnected ecosystems for credit assessment, and enhancing intelligent risk control to ensure sustainable development in inclusive finance [4]

2026.02.25 本文字数：2629，阅读时长大约4分钟 作者 |第一财经 陈君君 春节假期刚过，关于压岁钱的讨论再次升温。 对不少孩子来说，这是春节期间最真实的一笔"大额收入"；对家长而言，则是一场关于财商教育的实操 课；而在银行体系内部，这笔看似分散的小钱，正成为零售转型中的一块新拼图。 近期，从国有大行到股份制银行，再到城农商行，多家机构密集推出儿童专属储蓄账户、亲子共管理财 方案及压岁钱定制存单。部分产品给予阶段性利率上浮，个别产品利率甚至高于同期限成人存款。 业内人士称，当压岁钱不再只是"过年红包"，银行也开始重新审视其客户价值。在净息差持续承压的背 景下，发力零售业务、拓展细分客群，成为银行寻求利润增长点的重要路径。 一笔9000元的"人生第一桶金" 大年初二，12岁的金金跟随父母亲回长辈家拜年。爷爷奶奶各给1000元，外公外婆各1000元，一位伯伯 和一位姑姑各1000元，再加上哥哥姐姐的红包，总计9000元。 这是她目前为止收到的最大一笔压岁钱。 金金告诉记者，这笔钱将由她自己管理。母亲建议将资金存入银行，并适当配置教育类保险。"金额大 小不是关键，重要的是让她学会规划。"母亲说。 相比之 ...

金金告诉记者，这笔钱将由她自己管理。母亲建议将资金存入银行，并适当配置教育类保险。"金额大 小不是关键，重要的是让她学会规划。"母亲说。 相比之下，金金的表姐回忆，自己13岁那年拿到的压岁钱不过1000元，其余都被父母"代为保管"。"现 在回头看，其实对钱的概念建立得比较晚。"她说。 春节假期刚过，关于压岁钱的讨论再次升温。 对不少孩子来说，这是春节期间最真实的一笔"大额收入"；对家长而言，则是一场关于财商教育的实操 课；而在银行体系内部，这笔看似分散的小钱，正成为零售转型中的一块新拼图。 近期，从国有大行到股份制银行，再到城农商行，多家机构密集推出儿童专属储蓄账户、亲子共管理财 方案及压岁钱定制存单。部分产品给予阶段性利率上浮，个别产品利率甚至高于同期限成人存款。 业内人士称，当压岁钱不再只是"过年红包"，银行也开始重新审视其客户价值。在净息差持续承压的背 景下，发力零售业务、拓展细分客群，成为银行寻求利润增长点的重要路径。 一笔9000元的"人生第一桶金" 大年初二，12岁的金金跟随父母亲回长辈家拜年。爷爷奶奶各给1000元，外公外婆各1000元，一位伯伯 和一位姑姑各1000元，再加上哥哥姐姐的红包，总 ...

Core Viewpoint - The central theme of the articles revolves around the liquidity management by the central bank and its impact on the interbank certificate of deposit (CD) rates, indicating a potential downward trend in rates due to increased liquidity measures and easing of funding pressures in the banking sector. Group 1: Central Bank Actions - The central bank has conducted a net injection of 300 billion yuan in medium-term liquidity through MLF operations, indicating a continued effort to maintain ample liquidity in the banking system [1][2] - The central bank's recent actions include a fixed quantity and multi-price bidding for 600 billion yuan in MLF, reflecting a commitment to long-term liquidity support [2] - Analysts suggest that the central bank's liquidity measures may lead to a decrease in interbank CD rates, with expectations that the rates for state-owned banks could fall below 1.55% [3][4] Group 2: Interbank CD Market Dynamics - The usage rate of interbank CDs has significantly declined, with state-owned banks experiencing a notable easing of "liability shortage" pressures compared to previous years [5][6] - As of January, the balance of interbank CDs was reported at 19.03 trillion yuan, a decrease of 2.77 trillion yuan since May 2025, indicating a contraction in the issuance of these instruments [7] - The interbank CD issuance has not seen a significant increase despite the traditional "opening red" period for banks, with net financing volumes remaining negative for several months [9] Group 3: Market Reactions and Trends - The rates for AAA-rated interbank CDs have fallen below 1.6%, influenced by the central bank's liquidity tools and a reduced willingness among banks to issue CDs due to shrinking funding gaps [4][6] - The overall structure of bank deposits is changing, with a noted increase in asset management products, which are shifting towards interbank deposits and CDs, thereby altering the funding landscape for banks [6] - The interbank CD usage rates among major banks have decreased, with the Agricultural Bank of China leading at 84.79%, but still lower than previous years [8]

Core Viewpoint - The influx of year-end bonuses into the financial market is seen as a significant opportunity for banks to attract stable retail liabilities and optimize their funding structure [2][6]. Group 1: Bank Strategies for Year-End Bonus Funds - Commercial banks and their wealth management subsidiaries have launched a series of exclusive financial products targeting year-end bonuses, focusing on flexible terms, risk levels, and low investment thresholds [3][4]. - Banks are moving beyond simply competing on expected returns, instead offering comprehensive asset allocation solutions that combine wealth management, deposits, funds, and insurance [3][7]. - The design of these products emphasizes low entry barriers and stable risk profiles, with some banks offering products with minimum investment amounts as low as 1 yuan [3][4]. Group 2: Product Offerings and Features - Postal Savings Bank has introduced various products catering to different liquidity needs, including low-risk options with daily redemption and moderate-risk products with specific holding periods [4]. - Shanghai Pudong Development Bank has implemented a tiered strategy for product offerings, combining deposit and wealth management products with varying terms and interest rates [4][5]. - Dalian Bank has launched a series of exclusive net value-based financial products with investment periods ranging from 185 to 382 days, with corresponding increases in expected returns [5]. Group 3: Underlying Logic and Market Dynamics - The competition for year-end bonus funds is driven by the need for banks to optimize their liability structures and reduce reliance on high-cost interbank funding, especially in a low-interest-rate environment [6][7]. - The shift in banking strategies reflects a broader transition from product-centric to customer-centric approaches, aiming to meet diverse wealth management needs and build long-term customer relationships [7]. - Analysts emphasize that the focus on year-end bonuses is a strategic choice for banks to stabilize their funding sources and enhance customer retention in a challenging market [6][7].

不缺负债。 今年2月，央行通过加量操作MLF（中期借贷便利）在公开市场净投放3000亿元中期流动性。在此背景 下，有机构判断，已处于低位较长时间的同业存单利率可能还有下行空间，国有大行1年期品种利率有 望降至1.55%以下。 2025年下半年以来，银行业"缺负债"压力明显缓解，市场上量价均有反应。从同业存单使用率来看，去 年国有大行、股份行备案同业存单额度的使用率整体低于上年，同业存单净融资量已连续多个月份为 负；从最新市场表现来看，AAA评级的1年期同业存单利率多数仍在1.6%以下。 央行持续释放中长期流动性 2月24日，央行发布MLF招标公告称，为保持银行体系流动性充裕，25日以固定数量、利率招标、多重 价位中标方式开展6000亿元MLF操作，期限为1年期。考虑到本月有3000亿元MLF到期，央行2月通过 MLF净投放3000亿元，为连续12个月加量操作MLF。 值得注意的是，春节过后，市场短期流动性正迎来逐步收紧，央行在24日、25日分别开展5260亿元7天 期逆回购、4095亿元7天期逆回购，先是净回笼9264亿元，之后小幅净投放95亿元。 "2月3个月期、6个月期买断式逆回购实现6000亿元净投放， ...

银行零售业务的"新蓝海"。 春节假期刚过，关于压岁钱的讨论再次升温。 对不少孩子来说，这是春节期间最真实的一笔"大额收入"；对家长而言，则是一场关于财商教育的实操 课；而在银行体系内部，这笔看似分散的小钱，正成为零售转型中的一块新拼图。 近期，从国有大行到股份制银行，再到城农商行，多家机构密集推出儿童专属储蓄账户、亲子共管理财 方案及压岁钱定制存单。部分产品给予阶段性利率上浮，个别产品利率甚至高于同期限成人存款。 业内人士称，当压岁钱不再只是"过年红包"，银行也开始重新审视其客户价值。在净息差持续承压的背 景下，发力零售业务、拓展细分客群，成为银行寻求利润增长点的重要路径。 一笔9000元的"人生第一桶金" 大年初二，12岁的金金跟随父母亲回长辈家拜年。爷爷奶奶各给1000元，外公外婆各1000元，一位伯伯 和一位姑姑各1000元，再加上哥哥姐姐的红包，总计9000元。 这是她目前为止收到的最大一笔压岁钱。 金金告诉记者，这笔钱将由她自己管理。母亲建议将资金存入银行，并适当配置教育类保险。"金额大 小不是关键，重要的是让她学会规划。"母亲说。 相比之下，金金的表姐回忆，自己13岁那年拿到的压岁钱不过1000元 ...