21碳中和课题组快评：该标准缓解了大湾区在数据口径与披露深度上的不一致问题，在对接国家标准与 国际框架的同时，进一步提升了湾区绿债市场的透明度和可执行性，有助于降低跨境交易成本、提升发 行可信度。 2. 深圳支持建立基于区块链等技术的绿色资产开发平台 11月19日，深圳与香港联合发布《关于携手打造港深全球金融科技中心的行动方案（2025—2027 年）》，将"绿色金融"列为五大重点协同领域之一，提出深化企业碳账户金融端应用，推广应用"降碳 贷"等创新金融服务模式，推动金融机构基于企业碳账户、碳排放数据等，为企业"碳减排"精细化定 价。鼓励深圳企业赴港发行可持续发展离岸人民币债券。支持建立基于区块链、智能合约等技术的绿色 资产开发平台。持续提升碳减排计量、核算和披露水平，打造具有深圳特色的"数据获取便捷、核算评 价科学、应用场景丰富"的企业碳账户体系。 21碳中和课题组快评：深港将金融科技能力系统嵌入碳数据、碳核算与绿色资产开发，强化跨境绿色金 融的技术底座。此次方案有望推动碳数据进入可定价、可交易的资产化阶段。两地协同机制成熟后，有 望在全球范围内形成具有竞争力的绿色金融科技标准体系。 南方财经记者郭晓洁 2 ...

近日，中国银行成功发行300亿元绿色金融债券，其中，固定利率品种200亿元，票面利率1.72%， 浮动利率品种100亿元，票面利率较1年期LPR减点121个基点（1.79%）。债券得到市场投资者踊跃认 购，全场倍数达1.69倍。 据悉，这是中国银行近10年来首次在境内市场发行浮动利率债券，也是目前境内商业银行单笔发行 规模最大的浮动利率债券，有助于实现资产投放与市场融资在价格方面的精准匹配，进而有效拓宽绿色 产业项目融资渠道。作为《绿色金融支持项目目录（2025年版）》施行以来市场首批适用新目录的商业 银行绿色金融债券，本期债券募集资金将精准投向基础设施绿色升级、能源绿色低碳转型等合规绿色产 业领域。 责任编辑：杨喜亭 数据显示，截至三季度末，中国银行绿色贷款余额超过4.66万亿元，较上年末增长20.11%；绿色债 券投资规模超1000亿元。 ...

在海南自由贸易港全岛封关进入最后一个月倒计时之际，国家金融监督管理总局11月18日在海口召开外 资金融机构座谈会，海南省委书记冯飞表示，欢迎外资金融机构充分发挥全球网络和专业优势，做好金 融"五篇大文章"，助力海南更好融入"一带一路"建设和全球产业链供应链体系，实现金融与实体经济良 性循环。 前述座谈会提出"推动更多金融改革开放措施在琼先行先试"。国研新经济研究院创始院长朱克力向《证 券日报》记者表示，外资金融机构可从三方面参与推动海南金融改革开放先行先试。一是参与制度创 新，结合国际经验提出跨境资金流动、资本项目开放等领域的改革建议，比如探索跨境资金池、本外币 一体化账户等新模式；二是引入新产品新服务，在风险可控前提下试点跨境资产转让、绿色金融债券等 创新业务，丰富海南金融市场工具箱；三是搭建国际合作平台，联合国内外机构开展跨境金融研讨会 等，促进人才交流与规则对接，提升海南自由贸易港国际影响力。通过这些实践，外资金融机构或将成 为海南金融改革的"试验田"和"连接器"。 今年10月份发布的"十五五"规划建议提出"高标准建设海南自由贸易港"。中国国际经济交流中心科研信 息部副部长刘向东在接受《证券日报》记者采 ...

Group 1: Climate Financing - The UN Conference on Trade and Development emphasizes the need for better climate financing support for developing countries, highlighting a significant gap between the $100 billion climate financing commitment achieved in 2022 and the $1.3 trillion target set for 2024 COP29 [2] - The report calls for systemic reforms in the international financial architecture to increase non-debt financing and improve the operations of multilateral development banks, enabling developing countries to become co-creators of rules rather than mere rule-takers [2] Group 2: Carbon Reduction Pathways - The Beijing Green Finance and Sustainable Development Research Institute released a study outlining carbon reduction pathways for six high-carbon industries from 2020 to 2060, providing a reference for financial institutions and third-party evaluations of corporate transformation plans [3] - The study suggests using a 2-degree scenario as a benchmark for assessments, aligning with China's "3060" dual carbon strategy goals, and aims to mitigate the risk of "false transformation" being included in financial support [3] Group 3: Blue Economy Financial Support - The Guangdong Province has opened a public consultation for the "Blue Industry Financial Support Guidelines," which aims to support sustainable development in marine industries, including fisheries, tourism, and marine renewable energy [4] - The guidelines provide operational principles for government, financial institutions, and enterprises, promoting standardization in blue finance and addressing challenges in identifying, quantifying, and qualifying blue economic activities [4] Group 4: Carbon Market Activity - The national carbon market reported a highest price of 62.48 yuan/ton and a closing price increase of 4.12% over the previous week, with a total trading volume of 16,774,989 tons and a total transaction value of approximately 1 billion yuan [5] - Cumulative trading volume in the national carbon market reached 795,940,642 tons with a total transaction value of approximately 53.29 billion yuan as of November 14, 2025 [5] Group 5: Green Financial Instruments - Shanghai Pudong Development Bank issued its first green financial bond of the year, totaling 20 billion yuan with a fixed interest rate of 1.73%, indicating market confidence in green financial instruments [6] - The issuance aims to provide long-term funding support for green projects, reflecting the growing recognition of green finance in the market [6] Group 6: Biodiversity Financing - The first biodiversity-linked loan in Ya'an, Sichuan Province, was issued for 478 million yuan, utilizing a combination of policy-based financial tools and market financing to meet project funding needs [7] - This loan integrates biodiversity impact assessments to monitor ecological effects, promoting a win-win scenario for ecological protection and industrial development [7]

面对农业绿色转型具有周期长、公益性强、收益不明显等特点，银行可以将绿色转型指标纳入授信评级 体系，聚焦畜禽粪污综合利用、绿色农机研发、种植业固碳增汇等关键领域，优化资源配置，通过差异 化信贷政策确保资金向绿色转型重点领域和环节倾斜，实现政策导向与市场需求的精准对接。 日前，农业农村部在山东省临沂市召开的加快建设农业强国规划实施推进暨"十五五"农业农村发展规划 编制工作会强调，要加快推进农业发展全面绿色转型，谋划开展新一轮农业资源区划工作。 这一部署既明确了乡村振兴的生态底色要求，也为银行开辟了服务"三农"的新赛道。农业绿色转型离不 开资金的长期投入，银行作为金融体系的重要力量，需以政策为引领、以创新为抓手、以协同为支撑， 成为农业全面绿色转型的"输血者"与"赋能者"。 当前，农业绿色转型面临的"融资难、融资贵"问题，根源在于传统信贷产品与转型需求的不匹配。破解 这一难题，银行需打破传统抵质押思维，围绕农业绿色产业的独特属性创新金融产品体系。一方面，可 针对不同绿色农业场景设计特色信贷产品，简化审批流程，实行"一次核定、随用随贷"模式，适配小农 户和新型农业经营主体的碎片化、高频化资金需求；另一方面，应积极探索 ...

Core Viewpoint - Chengdu Bank has approved two significant bond issuance proposals during its recent board meeting, indicating a strategic move to enhance its capital structure and support financial operations [1] Group 1: Bond Issuance Proposals - The bank plans to issue 7 billion yuan in subordinated capital bonds with a 10-year maturity and a redemption option at the end of the fifth year [1] - A total of 10 billion yuan is planned for the issuance of special financial bonds and ordinary financial bonds, with a cap of 3 billion yuan for technology innovation bonds and 3 billion yuan for green financial bonds [1] - Both proposals will be submitted for shareholder meeting approval, with the final issuance plan subject to regulatory approval [1]

Core Viewpoint - Chengdu Bank's board of directors held a temporary meeting to discuss and approve several key financial proposals, including investment and financing management for 2026, issuance of capital instruments, and bonds to support various financial needs [2][3][4][5][7]. Group 1: Meeting Overview - The meeting was held on November 11, 2025, with 11 directors present, including 3 in person and 7 via video [2]. - The meeting complied with relevant laws and regulations, ensuring the legality and validity of the resolutions made [2]. Group 2: Approved Proposals - The board approved the proposal for implementing investment management related to state-owned enterprises in Chengdu for 2026, with unanimous support [3]. - The board also approved the financing management proposal for state-owned enterprises in Chengdu for 2026, again with unanimous support [4]. - A proposal was approved to issue up to 7 billion yuan in secondary capital bonds, with a 10-year term and an option for early redemption after 5 years, aimed at enhancing the bank's capital adequacy [5]. - The board approved a proposal to issue up to 10 billion yuan in special and ordinary financial bonds, including specific allocations for technology innovation and green finance, with a maximum term of 5 years [7]. - A proposal for related party transactions with Chengdu Inclusive Financing Guarantee Co., Ltd. was approved, with one director abstaining from the vote [8].

Group 1 - The core viewpoint of the article highlights the stable performance of the Value ETF (510030) with a 0.55% increase and a trading volume of 3.68 million yuan, while the fund's latest scale is 169 million yuan [1] - Among the constituent stocks, China Power Construction, Huayu Automotive, and New China Life Insurance showed the strongest performance with increases of 5.11%, 3.56%, and 2.85% respectively, while Shanghai Pudong Development Bank and Agricultural Bank of China experienced declines of over 1% [1] - The signing of the Economic Partnership Framework Agreement between China and several Pacific island countries on November 4, 2025, aims to deepen trade cooperation [1] Group 2 - The 180 Value Index constituent stock, Industrial Bank, has been approved to issue 50 billion yuan in green financial bonds to support clean energy and environmental projects [1] - Guohai Securities indicates that the growth theme is expected to continue in the coming month, with the current TMT industry crowding at approximately 35%, and a warning for style switching if it reaches 40% [1] - The Value ETF (510030) and its linked funds passively track the 180 Value Index, with the top ten weighted stocks including China Ping An, China Merchants Bank, and Industrial Bank [1]

Core Viewpoint - Nanjing Bank's Q3 2025 report indicates robust growth in key operational metrics, demonstrating resilience and high-quality development amidst a complex external environment, aligning with national and regional development strategies [1] Group 1: Financial Performance - Total assets reached 2.96 trillion yuan, a 14.31% increase from the end of last year [2] - Total liabilities grew to 2.75 trillion yuan, up 14.48% year-on-year [2] - Deposits increased to 1.64 trillion yuan, a 9.65% rise, while loans reached 1.41 trillion yuan, growing by 12.34% [2] - Operating income was 41.949 billion yuan, an 8.79% year-on-year increase, with net interest income at 25.207 billion yuan, up 28.5% [2] - Net profit attributable to shareholders was 18 billion yuan, reflecting an 8.06% increase [2] - Non-performing loan ratio remained stable at 0.83%, with a cost-to-income ratio of 23.27%, down 4.81 percentage points [2] - Provision coverage ratio stood at 313.22%, and core Tier 1 capital adequacy ratio was 9.54%, showing strong capital strength [2] Group 2: Business Segments - The bank focused on three main business segments: corporate finance, retail finance, and financial markets, enhancing its comprehensive financial service capabilities [3] - Corporate finance loans reached 1.07 trillion yuan, with a growth rate exceeding 14.6%, and medium to long-term loans for manufacturing increased by 31.56% [3] - Technology finance loans amounted to 174.28 billion yuan, a 17.5% increase, with various innovative products launched to support enterprises [4] - Inclusive finance served 200,000 small and micro enterprises, with inclusive loan balances growing over 16.1% [4] - Green finance loans increased by 667.7 billion yuan, a growth rate exceeding 33%, with over 5,500 green loan clients [5] - Retail financial assets reached 968.7 billion yuan, a 17.1% increase, with personal deposits growing by 18.6% [6] Group 3: Market Recognition and Shareholder Support - Major shareholders, including Nanjing High-Tech and Zijin Trust, have increased their stakes, reflecting confidence in the bank's stable operations and future growth [8] - The bank celebrated its 20th anniversary of strategic cooperation with BNP Paribas, signing a new memorandum to deepen collaboration [8] - The bank's high-quality performance has attracted positive evaluations from multiple domestic and international securities firms [9] - A cash dividend of 3.062 yuan per share was announced, totaling 3.7857 billion yuan, representing 30% of the net profit attributable to shareholders [9]

Group 1 - The core viewpoint emphasizes the necessity of legal frameworks to support financial innovation and enhance service quality in the financial sector [1] - In cross-border trade, legal support is crucial for maintaining national and corporate credit, especially in light of frequent fraud disputes involving guarantees and letters of credit [1] - The international financial landscape is evolving with new structures, products, and business models, necessitating proactive legal measures to manage emerging risks [1] Group 2 - The Beijing Financial Court has asserted jurisdiction over securities fraud lawsuits involving overseas companies listed in Hong Kong, highlighting the importance of protecting domestic investors' rights [2] - The court's approach reflects China's commitment to international financial governance and its strategic use of law as a tool for global rule-making [2] - Specialized research teams have been established to address legal challenges in cross-border finance, focusing on issues such as digital asset governance and the latest developments in international legal principles [2]