该产业园 作 为黄河三角洲绿色转型的标志性工程 ，是 东营市政府规划 的 重点园区， 也 是全国首 个 实现 100% 绿电直连 的 离网型零碳产业园 。 建成后 ，园区 将实现电池生产全链条绿电追踪 认证，并助力当地石油炼化企业 完成 绿电转型。在项目规划 初期 ，威海银行东营分行 便 成立专 项服务团队， 主动 对接，深入调研 ，全面了解 项目融资需求。 近日，威海银行向东营市某重点零碳产业园发放 1.82 亿元 " 低碳园区贷 " ，专项用于园区内绿色 智造基地基础设施建设，以金融活水赋能黄河流域绿色产业升级与生态保护协同共进。 下一步，威海银行将持续深化绿色金融战略布局， 立足 黄河流域生态保护 和高质量发展 战略，聚 焦低碳园区建设、绿色产业升级等重点领域，创新绿色金融产品与服务模式，为区域 经济 绿色低碳 转型 贡献更多金融力量。 威海银行的支持 资金 有力推动了园区 项目一期 40GWh 锂电池绿色智造基地管网配套建设，为项 目明年顺利投 产 提供了坚实保障。此次 " 低碳园区贷 " 的投放 ，不仅严格遵循绿色金融政策标 准，更聚焦 " 零碳园区 " 服务场景，结合项目绿电直连模式，将节能降碳成 ...

Core Viewpoint - The "Action Plan" released by China Pacific Insurance and Bank of Communications aims to strengthen Shanghai's position as an international shipping center and promote green shipping initiatives through a comprehensive financial service system [2][3][4]. Group 1: Financial Service Integration - The "Action Plan" focuses on optimizing and integrating financial service offerings, creating a comprehensive shipping financial service system that includes bank financing, leasing, shipping insurance, risk reduction, and legal services [3]. - It aims to enhance "one-stop" customer service capabilities while increasing financing support and underwriting capacity in key areas such as high-end ship research and development, autonomous replacement of key components, and the green and intelligent transformation of the shipping industry [3]. Group 2: Risk Reduction and Climate Change - The plan emphasizes building global risk reduction service capabilities, leveraging China Pacific Insurance's strengths in maritime risk reduction services and Bank of Communications' global service network to provide diverse risk reduction services [3]. - It also highlights the importance of addressing the impact of international climate change on the shipping industry and developing financial measures to respond to these challenges [3]. Group 3: Green Shipping and Digital Transformation - The "Action Plan" prioritizes enhancing financial services for the digital and green transformation of shipping, focusing on areas such as digital infrastructure, logistics, and green port financing [4]. - China Pacific Insurance aims to tackle key challenges in green shipping and strengthen green insurance through collaborative research and innovative exploration [4]. Group 4: International Influence and Strategic Alignment - The plan seeks to enhance the international influence of Shanghai's shipping center by engaging in dialogue through international platforms like the UK-China Green Finance Working Group and the International Union of Marine Insurance [4]. - Developing green shipping and strengthening shipping insurance are seen as vital steps in aligning with China's 14th Five-Year Plan for green development and responding to national contribution goals [4].

新华财经北京11月28日电日前，"融汇琴澳跨境协同创见未来——琴澳债券市场创新发展论坛"在横琴粤 澳深度合作区召开。 横琴粤澳深度合作区金融发展局局长池腾辉在致辞中表示，"债券市场是琴澳金融业的重要发力方向， 在多方共同努力下，澳门债券市场建设已取得系列重要进展。"池腾辉指出，横琴出台了企业赴澳门发 行债券专项扶持办法，鼓励横琴企业利用澳门债券市场融资，目前已经促成横琴企业在澳门发行5亿元 离岸人民币债券。针对债券市场创新，他指出横琴的核心优势在于"咸淡水融合"的离岸在岸联动特性。 未来，横琴将继续发挥"跨境金融创新的试验田"的战略定位，在中央政策支持下，与澳门携手打造更具 特色的跨境金融市场，为粤港澳大湾区建设贡献力量。 （文章来源：新华财经） 澳门中央证券托管结算一人有限公司（MCSD）副总裁沈国斌表示，"澳门债券市场正以'对接内地、联 通国际'为宗旨，构建可持续发展的金融生态。"他介绍，澳门债券市场呈现多元发展态势，前景可期。 MCSD作为澳门金管局全资设立的机构，核心职能是提供证券登记、清算、结算、托管一体化服务，为 债券市场高效安全运行保驾护航。 "'十五五'规划建议提出'加快建设金融强国'，而金融 ...

湖北宜昌是长江经济带重要节点城市，绿色是宜昌最鲜明的底色。近年来，中国邮政储蓄银行宜昌市分行主动作为，通过创新绿色金融产品，加大绿色信贷投放力度，支持宜昌经济高质量转型发 在当阳市，循环经济企业湖北金庄科技再生资源有限公司在环保升级的关键时期遭遇资金瓶颈。邮储银行宜昌市分行经过长期跟踪调研，创新推出"抵押贷+科技信用贷"组合方案，授信5000万元 在远安县，邮储银行紧扣当地矿产资源特色，精准支持栖凤新材料有限公司"大寨坡智慧矿山及生态修复建设项目"。该项目通过系统性生态修复和智能化开采，致力于打造环境友好、矿地和谐的 这套"科技资质+环保成效"双维度评估体系，已成为该行服务绿色企业的标准范式。截至2025年10月末，邮储银行宜昌市分行绿色贷款余额达16.44亿元，金融活水不仅助力企业绿色转型，更 在山区县五峰，中药材产业迎来新的发展机遇。邮储银行五峰支行积极对接农业农村部门，联动担保公司破解贷款流程堵点，绘制中药材产业营销战略地图，梳理出全县46家中药材加工主体、3 通过"整村授信+信用建档"模式，该行累计在全市建档评级信用村1216个，建立农户信用档案33939户，打造"富镇强村示范村"38个。从茶叶到柑橘 ...

绿色发展频传捷报，近日，天津泰达资源循环集团股份有限公司（以下简称"泰达股份"）与所属企业天 津泰达环保有限公司（简称"泰达环保"）在绿色融资领域双双落地，以"双债齐发"的强劲势头，为公司 的绿色征程注入金融动能。 近日，泰达股份成功完成天津地区首单非公开发行低碳转型挂钩公司债券的发行工作。本期债券总规模 10亿元，其中品种一（三年期）与品种二（五年期）各发行5亿元，票面利率分别为2.59%和3.13%，认 购倍数达3.53倍和2.12倍，市场认购踊跃。作为一家聚焦循环经济的实体产业公司，泰达股份此次融资 充分体现了监管部门与资本市场对公司扎实的循环经济产业基础及转型发展前景的高度认可。 本期创新债券的最大特点在于"挂钩"二字。它将债券条款与公司预定的低碳转型目标"垃圾焚烧发电项 目年垃圾处理量"直接关联，这意味着，此次发债不仅是公司拓宽融资渠道的创新举措，更是在用实实 在在的行动，立下了一份必须兑现的低碳转型"军令状"，是公司践行高质量发展、主动进行转型升级、 聚焦循环经济赛道的郑重承诺。 二、泰达环保成功发行绿色定向资产支持票据（ABN）巩固环保主业 一、泰达股份成功发行低碳转型挂钩债券立下"军令状" | ...

【大河财立方消息】11月28日，生态环境部举行11月例行新闻发布会。 "绿色发展投融资合作伙伴关系"由"一带一路"绿色发展国际联盟联合首批16家中外金融机构及合作伙伴，在第三届"一带一路"国际合作高峰论坛绿色发展高 级别论坛上正式启动，并被纳入第三届高峰论坛主席声明和多边合作成果清单。伙伴关系围绕绿色投融资工具创新、海外碳资产开发、气候韧性基础设施建 设等关键领域，搭建沟通协作平台，统筹国内外绿色发展资源，着力破解绿色"一带一路"建设中的投融资瓶颈，推动"一带一路"绿色项目落地实施。伙伴关 系发起至今，已先后与洪都拉斯、印尼等国家开展了务实合作，与巴西绿色发展投融资国家平台积极开展对接。 下一步，生态环境部和中国人民银行将通过"指导委员会"完善协调机制，加强统筹管理，为"一带一路"绿色投融资合作提供指导支持，高水平支撑"一带一 路"绿色发展。 2017 0.03 and 10 2018 责编:王时丹 | 审核:李震 | 监审:古筝 the state of the states Annes and all and and the TS 2018 11:47 1. 201 Lands and 0 22 an E ...

人民财讯11月28日电，11月28日，生态环境部举行11月例行新闻发布会。有关负责人介绍，生态环境部 与中国人民银行决定筹建绿色发展投融资合作伙伴关系指导委员会，推动中国绿色金融"走出去"， 为"一带一路"绿色发展重大金融合作提供政策建议和方向指引。 "绿色发展投融资合作伙伴关系"由"一带一路"绿色发展国际联盟联合首批16家中外金融机构及合作伙 伴，在第三届"一带一路"国际合作高峰论坛绿色发展高级别论坛上正式启动，并被纳入第三届高峰论坛 主席声明和多边合作成果清单。伙伴关系围绕绿色投融资工具创新、海外碳资产开发、气候韧性基础设 施建设等关键领域，搭建沟通协作平台，统筹国内外绿色发展资源，着力破解绿色"一带一路"建设中的 投融资瓶颈，推动"一带一路"绿色项目落地实施。伙伴关系发起至今，已先后与洪都拉斯、印尼等国家 开展了务实合作，与巴西绿色发展投融资国家平台积极开展对接。 ...

Report Overview - Date: November 28, 2025 - Report Type: Commodity Research Morning Report - Green Finance and New Energy - Covered Commodities: Nickel, Stainless Steel, Lithium Carbonate, Industrial Silicon, Polysilicon 1. Report Industry Investment Rating - Not provided in the report 2. Report's Core View - Nickel: The inventory accumulation pace has slightly slowed down, with short - term disturbances from macro and news factors [2][4] - Stainless Steel: Steel prices are under pressure and oscillating at a low level, but the downside potential is limited [2][4] - Lithium Carbonate: The approaching resumption of production by large manufacturers and the failure to meet de - stocking expectations are putting pressure on the upside [2][9] - Industrial Silicon: Mainly in a range - bound oscillation [2][12] - Polysilicon: Attention should be paid to the position of the 2512 contract [2][13] 3. Summary by Commodity Nickel and Stainless Steel - **Fundamental Data**: For nickel, the closing price of the Shanghai Nickel main contract was 116,900 yuan, down 360 yuan from the previous day. The trading volume of the Shanghai Nickel main contract was 97,221 lots, a significant decrease of 79,345 lots. For stainless steel, the closing price of the main contract was 12,410 yuan, down 45 yuan, and the trading volume was 186,323 lots, down 37,935 lots [4] - **Macro and Industry News**: Multiple events including the takeover of a nickel mine in Indonesia, China's suspension of non - official subsidies for Russian copper and nickel imports, and various regulatory policies in Indonesia have affected the market. Also, the Fed's dovish remarks have influenced market sentiment [4][5][7] - **Trend Intensity**: Both nickel and stainless steel have a trend intensity of 0, indicating a neutral outlook [8] Lithium Carbonate - **Fundamental Data**: The closing price of the 2601 contract was 94,000 yuan, down 500 yuan. The trading volume was 216,915 lots, a large decrease of 145,740 lots. The inventory decreased by 2452 tons compared to last week [9][11] - **Macro and Industry News**: The SMM battery - grade lithium carbonate index price increased, and the production this week decreased slightly [9][10][11] - **Trend Intensity**: The trend intensity is - 2, indicating a very bearish outlook [11] Industrial Silicon and Polysilicon - **Fundamental Data**: The closing price of the Si2601 contract for industrial silicon was 9,115 yuan, up 95 yuan. The trading volume was 323,524 lots, down 45,701 lots. For polysilicon, the closing price of the PS2601 contract was 55,235 yuan, down 660 yuan [13] - **Macro and Industry News**: China Energy Construction's 2025 photovoltaic module centralized procurement project bid candidate was announced [13][15] - **Trend Intensity**: The trend intensity of industrial silicon is 0 (neutral), and that of polysilicon is - 1 (slightly bearish) [15]

Core Insights - The Shanghai Stock Exchange is actively promoting green finance and has made significant progress in developing the green and ESG bond market, with nearly 900 billion yuan in cumulative green bond issuance by the end of October 2025 and over 80 billion yuan in low-carbon transition bonds since their launch in 2022 [1][4] Group 1: Green Finance Development - The Shanghai Stock Exchange has been implementing the national green development strategy and innovating products and mechanisms related to green finance [1] - The cumulative issuance of green bonds is approaching 900 billion yuan, indicating strong market growth [1] - Low-carbon transition bonds have seen a cumulative issuance of over 80 billion yuan since their introduction in 2022 [1] Group 2: ESG Management Trends - Chinese enterprises are shifting from passive compliance to proactive management of ESG factors, particularly in response to challenges faced during international expansion [1] - The ESG evaluation system in mainland China, although initiated relatively late, is developing rapidly, with significant advancements in both theoretical frameworks and practical applications [4] - Recent policy developments, such as the draft guidelines for corporate sustainable disclosure and the revised guidelines for sustainability reporting by listed companies, are helping enterprises identify risks and opportunities in their sustainable development processes [4]

Core Insights - The investment banking business of securities firms is experiencing a recovery, with net income reaching 252 billion yuan in the first three quarters of 2025, a year-on-year increase of 24% [1][2] - The IPO market is rebounding, with A-share and H-share IPOs growing by 61% and 237% respectively, while Hong Kong's IPO scale ranks first globally [1][2] - The industry is characterized by a "stable top tier and emerging mid-tier" dynamic, with the market share of the top five firms (CR5) increasing to 52% [2][3] Industry Performance - In the first three quarters of 2025, listed securities firms achieved a total investment banking net income of 251.5 billion yuan, a 23.5% increase year-on-year [2] - Major firms like CITIC Securities and CICC reported significant growth in net income, with increases ranging from 23.4% to 46.2% [2] - The concentration of investment banking business is rising, benefiting top firms more than smaller ones, with the CR5 market share up by 8 percentage points compared to 2024 [2] Future Outlook - The investment banking sector is expected to focus on hard technology, mergers and acquisitions, and green finance as key areas of growth in 2026 [1][3][4] - The A-share market is anticipated to maintain a steady expansion, particularly in the hard technology sector, due to ongoing reforms and increased IPO opportunities [3][4] - The Hong Kong market is expected to see continued high demand for listings from Chinese companies, supported by the A+H listing model [5][6] Strategic Initiatives - Firms are enhancing their organizational structures to improve collaboration and efficiency, focusing on sectors like hard technology and renewable energy [6][7] - Investment banks are actively expanding their presence in the Hong Kong IPO market, with firms like Huatai and Guolian Minsheng aiming to strengthen their competitive advantages through talent development and cross-border integration [7][8][9] - The implementation of supportive policies such as the "Six Merger Rules" and "Eight Science and Technology Innovation Board Rules" is driving market vitality and creating opportunities for investment banks [5][6]