Core Viewpoint - China Construction Bank (CCB) has demonstrated a positive transformation towards light asset and light capital business, achieving growth in non-interest income and net commission income in the first half of the year [1][10]. Financial Performance - CCB reported operating income of 385.9 billion yuan, a year-on-year increase of 2.95% [1]. - Net commission income reached 65.2 billion yuan, growing by 4.02% year-on-year [1]. - Pre-provision profit was 290.1 billion yuan, up 3.37% year-on-year [1]. - The bank's non-interest net income was 99.2 billion yuan, reflecting a 25.93% increase [10]. Asset and Liability Management - Total assets amounted to 44.43 trillion yuan, a growth of 9.52% from the previous year [3]. - Loans and financial investments increased by 2.7 trillion yuan, marking the highest growth in three years [3]. - The bank's loan and financial investment balance reached 27.44 trillion yuan and 11.77 trillion yuan respectively, with growth rates of 6.2% and 10.17% [3][4]. Investment Strategy - CCB's bond investment scale increased by nearly 1 trillion yuan, focusing on government bonds, local government bonds, and corporate bonds [4]. - The bank's technology loans reached 5.15 trillion yuan, growing at 16.81%, while strategic emerging industry loans grew by 18.92% to 3.39 trillion yuan [4]. Non-Interest Income Growth - Other non-interest income surged to 34 billion yuan, a remarkable increase of 111.36% [12]. - Investment income reached 27.9 billion yuan, up 217.29% year-on-year, driven by gains from bond and equity investments [13]. - The bank's wealth management and investment banking sectors contributed significantly to the income structure, with over 60% of income coming from these areas [12]. Cost Management - CCB's total liabilities were 40.85 trillion yuan, reflecting a 9.73% increase [7]. - The bank effectively managed its deposit costs, with interest expenses on deposits decreasing by 16.01% year-on-year [7][8]. - The proportion of demand deposits exceeded 40%, indicating a stable customer relationship and effective service capabilities [8].