中经记者慈玉鹏北京报道 近日，中信金融资产增持了光大银行、中国银行股份。增持后，中信金融资产分别持有光大银行8.00% 股份、中国银行18.02%股份。 《中国经营报》记者了解到，近两年，AMC热衷增持银行股，这有利于稳定银行股价，同时强化了 AMC与商业银行的战略协同效应。值得注意的是，部分AMC通过可转债增持方式增持银行股份，可以 避免承担直接增持的股价波动风险。 中信金融资产增持 光大银行公告表示，中信金融资产于2025年1月20日至7月22日期间，增持本行A股股份2.63亿股，H股 股份2.79亿股，合计占本行总股本的0.92%。中信金融资产持股比例由7.08%增加至8.00%。 近日中国银行在港股披露，大股东中信金融资产于2025年6月27日增持中国银行H股股份，此次增持 后，中信金融资产持股比例由17.32%上升至18.02%。 此次增持早有预告。2024年11月，中信金融资产公告表示，近年来，该公司把握市场机遇，开展了一系 列投资配置，取得积极成效。为实现股东利益最大化，本公司拟在前期投资的基础上，加大投资力度。 彼时，中信金融资产透露了三大投资标的和一项资产服务信托投资（即四项交易）。其一是通 ...

Core Viewpoint - The recent increase in shareholding by asset management companies (AMCs) in listed banks is seen as a recognition of the value of bank stocks, which can boost market confidence and support stock prices [1][3]. Group 1: Reasons for Increased Holdings - AMCs have increased their holdings in banks for three main reasons: financial synergy, policy alignment, and strategic collaboration [3]. - Financially, bank stocks are characterized by low valuations and high dividends, aligning with AMCs' need for "stable assets" [3]. - Policy-wise, the transfer of AMC shares to the Central Huijin Investment Ltd. aligns their actions with the mission to stabilize the capital market [3]. - Strategically, AMCs and banks can create a closed loop of "bad asset disposal + capital replenishment," enhancing cooperation through supply chain finance [3]. Group 2: Specific Holdings and Transactions - China CITIC Financial Asset Management Co., Ltd. increased its stake in Everbright Bank from 7.08% to 8.00% by acquiring approximately 263.6 million A-shares and 279.1 million H-shares [2]. - The total investment plan announced by CITIC Financial Asset includes 50.3 billion yuan, with allocations for purchasing shares in multiple banks [2]. Group 3: Convertible Bonds as a Method of Investment - AMCs are also utilizing convertible bonds to increase their stakes in banks, as seen with the conversion of 117.85 million convertible bonds into shares of Shanghai Pudong Development Bank [4]. - This method is viewed as an innovative integration of risk mitigation and capital replenishment, benefiting both banks and AMCs [4]. Group 4: Overall Implications - The trend of AMCs increasing their stakes in banks reflects a dual outcome of transformation needs and policy guidance, optimizing asset allocation for AMCs while aiding banks in capital replenishment [5].