Core Viewpoint - CITIC Bank Shenzhen Branch has been committed to serving the economic and social development of Shenzhen for 37 years, focusing on five key areas: technology finance, green finance, inclusive finance, pension finance, and digital finance [1] Group 1: Technology Finance - CITIC Bank Shenzhen Branch has increased support for technology innovation and specialized enterprises, helping over 200 local specialized enterprises become national "little giants" [2] - The bank has provided financial services throughout the lifecycle of technology companies, with nearly 1,300 technology enterprise loan accounts and a loan balance of approximately 28.6 billion yuan as of September 2025 [2] Group 2: Green Finance - The bank has strengthened its green finance system, contributing to Shenzhen's green low-carbon transformation, with a green loan balance of 26.9 billion yuan, an increase of 9.5 billion yuan (54%) from the beginning of the year [3] - CITIC Bank has actively participated in green bond issuance, underwriting 1.122 billion yuan in green credit bonds and investing 410 million yuan in green credit bonds in 2025 [3] Group 3: Inclusive Finance - The bank has enhanced its financing coordination for small and micro enterprises, with inclusive loan balances exceeding 12 billion yuan in 2025, a year-on-year increase of over 50% [4] - CITIC Bank has developed a product matrix for scenario-based credit loans, focusing on various industry clusters and supply chains [4] Group 4: Pension Finance - The bank has established a comprehensive "Happiness+" pension finance service system, providing pension planning for nearly 20,000 citizens [5] - It has also supported medical and rehabilitation institutions and conducted renovations for accessibility in all branches [5] Group 5: Digital Finance - CITIC Bank has integrated new technologies like AI, big data, and blockchain into its services, launching the "Xiao Tian Yuan" platform to enhance digital capabilities for small and medium enterprises [6] - The bank aims to create a positive cycle of "technology empowerment - efficiency improvement - value creation" through its digital finance strategy [6]

Core Viewpoint - JD Finance has officially transformed from Jiexin Consumer Finance to JD Consumer Finance, marking a significant step in its strategic expansion in the consumer finance sector with the appointment of Li Bo as chairman [1][5]. Group 1: Leadership and Management - Li Bo, born in 1975, has over 20 years of experience in the financial industry and previously served as the deputy branch manager of ICBC in Hunan Province. He joined JD Group in March 2021 and has held key positions in financial technology [3]. - The approval of Li Bo's appointment as chairman by the Tianjin Financial Supervision Administration signifies a new leadership era for JD Consumer Finance [1][5]. Group 2: Company Background and Strategic Moves - JD Consumer Finance, established in 2010, was one of the first four pilot consumer finance companies. JD Group acquired a 65% stake in Jiexin Consumer Finance in December 2024, becoming the controlling shareholder [3][5]. - Following the name change, JD Consumer Finance has solidified its independent identity and further enhanced JD's strategic landscape in consumer finance [5]. Group 3: Operational Plans and Focus Areas - JD Consumer Finance plans to establish a team of around 200 people in Tianjin to build an operation center, data center, risk control center, and research center. The company aims to focus on high-quality development, consumer support, financial ecosystem construction, and regional industrial chain collaboration [5]. - The company intends to leverage its consumer finance license to enhance the regional consumption environment and support the development of Tianjin as an international consumption center [5]. Group 4: Collaboration and Partnerships - JD Consumer Finance has begun testing offline consumer credit services in Tianjin, integrating into the JD ecosystem. Consumers can use the JD App for interest-free installment payments at JD malls [6]. - The company has disclosed a list of five internet loan partners and three post-loan partners, including companies associated with major internet platforms and JD Group subsidiaries [8][10][13].

互联网巨头旗下消金公司终于迎来新"掌舵人"。 10月10日，天津金融监督管理局发布批复公告称，核准李波天津京东消费金融有限公司（下称"京东消 金"）董事长的任职资格。 "75后"金融老将掌舵京东消金 公告显示，核准李波天津京东消金董事长的任职资格，要求其严格遵守金融监管总局有关监管规定，自 本行政许可决定作出之日起3个月内到任，并按要求及时报告到任情况。 公开资料显示，李波出生于1975年，为金融行业"老将"，有超过20年的金融从业经验，此前曾担任工商 银行湖南省分行副行长。于2021年3月加入京东集团后，李波一直担任金融科技群要职，今年以来曾多 次以京东集团副总裁、京东科技金融科技事业群总裁参与活动。 9月26日，在2025·青岛创投风投大会上，李波出席并发表主题演讲，他表示，金融在这几年一直在持续 探索大模型技术和金融业务的结合点，经过多年时间已经从技术验证逐步走向了场景新增，覆盖场景从 用户交互到体验创新到目前智能风控智能决策效率在提升。 "科技是手段，普惠才是目的。AI驱动的重构之路，最终还是要落在普惠上，做好科技金融、绿色金 融、普惠金融、养老金融、数字金融五章大文章，让供应链金融科技广泛汇集每一个 ...

Group 1: Company Performance - Hengfeng Bank has achieved a total asset scale of 1.56 trillion yuan, with revenue of 14 billion yuan and net profit of 3 billion yuan, maintaining a "double increase" in revenue and profit for two consecutive years [1] - The non-performing loan ratio has decreased to 1.47%, indicating a stable and improving development trend [1] Group 2: Support for Traditional Industries - Hengfeng Bank is actively supporting traditional industries by providing financial assistance, such as a 15 million yuan credit support to Shandong Jun Cheng Metal Technology Co., Ltd. for building a new production line [2] - The bank has introduced a comprehensive financial service package, including digital supply chain products, to enhance production efficiency and support research and development [2][3] Group 3: Innovation in Financial Services - Hengfeng Bank has launched the "Hengyin E-chain" to provide online supply chain financial services, addressing the financing challenges faced by small and medium-sized enterprises in the supply chain [3] - The bank is focusing on building a diversified technology financial service system to support the construction of a modern industrial system [3] Group 4: Green Finance Initiatives - Hengfeng Bank has integrated ESG principles into its operations, with a focus on green finance as a core strategic engine, achieving a 28% growth in green credit by mid-year [10] - The bank has successfully provided a 26 million yuan loan for a carbon capture and utilization project, supporting the development of green projects [9] Group 5: Digital Transformation - Hengfeng Bank is constructing a comprehensive digital financial system, leveraging digital transformation as a core strategy [11] - The bank has initiated data asset financing and improved customer onboarding efficiency through a smart due diligence system [12] Group 6: Future Goals - Hengfeng Bank aims to become a first-class joint-stock bank, focusing on sustainable operations, effective risk control, and agile service [13]

Core Insights - The public fund industry in China is entering a phase of high-quality development, where long-termism is essential and not optional [1] - The China Securities Regulatory Commission has emphasized long-term investment behavior in its action plan, focusing on long-term returns and investor interests [1] - As of August 2025, the total scale of public funds is expected to exceed 36 trillion yuan, reflecting investor trust and the need for fund companies to adhere to fiduciary duties [1] Industry Challenges - The path to high-quality development for public funds is not straightforward, with increasing industry differentiation posing challenges [2] - The action plan suggests creating demonstration schemes for small and medium-sized fund companies to support differentiated development [2] - Small and medium-sized fund companies are encouraged to embrace innovation and leverage financial technology for competitive advantages [2] Company Strategies - Changsheng Fund emphasizes a long-term investment philosophy, focusing on customer-centric approaches and avoiding short-term profit-seeking [3] - The company is exploring its unique development path while contributing to the industry's high-quality growth [3] - Changsheng Fund integrates sustainable investment strategies into its overall development, focusing on ESG ratings and risk analysis [4] Financial Innovations - The company is enhancing its investment capabilities in technology and directing funds towards key industries [4] - Changsheng Fund is committed to improving its research, risk control, and customer service across its business chain [4] - The firm is actively involved in pension finance, managing social security funds with a focus on long-term and responsible investment [4]

Core Viewpoint - The article emphasizes the importance of efficient investment software in the increasingly volatile global capital markets, highlighting several standout applications for trading in Hong Kong and U.S. stock markets [1]. Group 1: Overview of Investment Software - Sina Finance APP is recognized as a benchmark for its comprehensive capabilities, covering over 40 global financial markets including A-shares, Hong Kong stocks, U.S. stocks, futures, foreign exchange, and precious metals [2]. - The APP boasts a refresh speed of 0.03 seconds and unique access to Nasdaq Level 2 data streams, maintaining millisecond-level updates even during market volatility [3]. - The APP integrates with over 40 major domestic brokerages, allowing users to complete the entire process of account opening, fund transfer, and trading without switching platforms [4]. Group 2: Notable Competitors - Futu NiuNiu is a licensed brokerage platform favored by Chinese investors for its seamless integration of Hong Kong and U.S. stock trading, offering free Level 2 U.S. stock depth data and supporting pre-market and after-hours trading [5]. - Tonghuashun excels in quantitative analysis, featuring a MindGo system that supports millisecond-level backtesting and high-frequency strategy execution, although it has a slight delay in international market data updates [6][8]. - Huxin Trading is an emerging platform providing a smooth trading experience for global investors, while Jiufu Benben, launched by Jiufu Securities, focuses on intelligent trading applications for Hong Kong and U.S. markets, leveraging AI technology [9][11]. Group 3: User Guidance - Investors are advised to select trading software based on their specific needs, with Sina Finance APP recommended for global allocation investors due to its extensive market coverage and AI alert system [13]. - Technical users may find a combination of Tonghuashun and Futu NiuNiu beneficial, as the former offers institutional-level backtesting while the latter provides in-depth Nasdaq market insights [13]. - New users are encouraged to consider platforms like Tiger Securities or Tonghuashun for their user-friendly interfaces [15]. Group 4: Conclusion - Choosing the right investment software is crucial, with Sina Finance APP being the preferred choice for many investors, while Futu NiuNiu excels in the Hong Kong and U.S. markets, and Tonghuashun stands out in quantitative analysis [16].

（原标题：哥伦比亚企业亮相第四届全球数字贸易博览会） 据哥伦比亚《时代报》9月29日报道，来自巴西、智利、巴拿马与哥伦比亚的初创企业及风险投资 基金代表团亮相第四届全球数字贸易博览会，拓展科技与数字经济合作。其中，哥金融科技企业EFY 公司重点展示了一款融合法币与加密货币支付的跨境结算平台，支持实时支付、多币种兑换与合规监 管。公司创始人托邦表示，区块链实时支付正重塑金融格局，而亚洲已成为全球区块链与数字金融创新 高地，哥伦比亚等拉美国家希望借助数贸会，展示其在全球数字经济转型中的战略潜力，并加强与亚洲 市场的技术合作。 ...

Core Insights - Luxembourg's sovereign wealth fund has allocated 1% of its assets to Bitcoin ETFs, marking it as the first national fund in the Eurozone to make such an investment [1] - The investment is part of a new policy approved by the government in July 2025, aimed at highlighting Luxembourg's leadership in digital finance [1][3] - The fund, known as the Future Generations Sovereign Fund (FSIL), was established in 2014 to accumulate reserves for future generations and currently has approximately $730 million in assets, primarily invested in high-quality bonds [1] Investment Strategy - The revised investment framework allows FSIL to continue investing in stocks and bonds while permitting up to 15% of its assets to be allocated to alternative investments, including private equity, real estate, and crypto assets [2] - To mitigate operational risks, the fund is investing indirectly in Bitcoin through multiple Bitcoin ETFs [3] Risk Management Perspective - The management committee believes that a 1% allocation strikes a reasonable balance between risk and signaling, reflecting confidence in Bitcoin's long-term potential [3] - The fund's strategy is tailored to its unique positioning and mission, which may not be suitable for other investors [3]

新京报贝壳财经讯（记者黄鑫宇）9月28日晚，中国银行业协会（简称"中银协"）发布"2025年中国银行 业前100名单"。在这份最新出炉的名单中，据记者统计，63家银行的资产规模超过5000亿元，其中属 于"万亿俱乐部"的银行数量为33家，占比超过一半。 据中银协介绍，本次发布的"百强"名单是按照核心一级资本净额，对商业银行进行的排序，并对各家银 行的经营规模、盈利能力、运营效率及资产质量进行综合展示。 值得关注的是，新"百强"名单显示，全国性商业银行竞争力进一步增强。 6家大型商业银行核心一级资本净额达13.51万亿元，总资产合计199.68万亿元，资产质量保持稳定。12 家全国性股份制银行发展稳健，核心一级资本净额增长8.55%至5.46万亿元，不良贷款率平均值改善至 1.34%，展现出较强的经营韧性。这18家全国性商业银行的核心一级资本净额和资产规模分别占100家 代表性银行的81.18%和80.84%。 此外，从这份名单中也可以看到，中小银行通过改革化险和市场化重组不断提升竞争力。 56家城市商业银行和18家农村商业银行核心一级资本净额分别同比增长9.53%和9.67%。头部民营银行 发展态势良好，依托 ...

Core Viewpoint - The successful implementation of online export credit insurance policy financing by CITIC Bank's Changsha branch demonstrates the effectiveness of cross-border financial service platforms in enhancing financing efficiency for small and micro foreign trade enterprises [1][2] Group 1: Business Overview - CITIC Bank's Changsha branch facilitated an online export credit insurance policy financing for a small micro foreign trade enterprise in Yongzhou, addressing the company's short-term funding pressure [1] - The enterprise, a clothing company, faced challenges due to increased export orders and cash flow cycles, prompting CITIC Bank to respond quickly to its financing needs [1] Group 2: Technological Integration - The financing process utilized the cross-border financial service platform's data verification capabilities, allowing for rapid approval and disbursement of funds within 10 minutes without collateral [1][2] - The platform enhances information sharing and verification among government, banks, enterprises, and insurance institutions, effectively addressing information asymmetry in financing [2] Group 3: Future Directions - CITIC Bank plans to deepen cooperation with China Export & Credit Insurance Corporation and continue to support small micro enterprises through innovative financial products like "Export Convenience Loan" [2] - The bank aims to leverage technology to optimize service processes and provide professional, quick, and flexible financial support to more small micro foreign trade enterprises, contributing to high-quality regional foreign trade development [2]