10月15日，"中信证券—洪山国投保障房资产支持专项计划"正式发行。这一产品不仅将湖北年内企业 ABS项目落地数量增至26单，还成为湖北落地的首单保障性租赁住房ABS。这标志着湖北省在保障性住 房融资模式创新上实现零的突破，为破解区域保障房建设资金短缺瓶颈、拓宽社会资本参与渠道提供了 关键实践范本。 数据显示，年内湖北企业ABS发行数量和规模分别同比增长116.67%和190.39%。其中，发行规模在5亿 元以上的项目有11单，占比超四成；对比去年同期，大规模项目发行数量同比增长175%，充分体现出 湖北资产证券化市场强劲的发展活力。 此外，资产类型的多元化布局则进一步丰富了增长内涵。年内湖北企业ABS项目的基础资产已形成"全 品类覆盖"格局，涵盖企业应收账款、保理融资、基础设施收费、CMBS/CMBN、知识产权、类REITs、 融资租赁债权等九大类型。其中，企业应收账款相关项目以5个的数量居首，既贴合实体企业盘活流动 性的核心需求，也反映出市场对基础资产的挖掘能力持续深化。 值得注意的是，多个标杆项目的落地更成为市场创新活力的重要注脚。例如，洪湖旅游投资集团有限公 司于4月份在上海证券交易所发行的全国首单" ...

今年以来，湖北企业ABS发行数量和规模分别同比增长116.67%和190.39% 10月15日，"中信证券—洪山国投保障房资产支持专项计划"正式发行。这一产品不仅将湖北年内企业 ABS项目落地数量增至26单，还成为湖北落地的首单保障性租赁住房ABS。这标志着湖北省在保障性住 房融资模式创新上实现零的突破，为破解区域保障房建设资金短缺瓶颈、拓宽社会资本参与渠道提供了 关键实践范本。 回溯2025年以来，湖北资产证券化市场在政策赋能与产业需求双重驱动下持续突破。据Wind资讯数据 统计（全文数据来源），今年以来，湖北借助交易所市场累计发行26单企业ABS项目，涵盖文旅、供应 链、融资租赁、保障房等领域，合计发行规模达182.77亿元。其中，19单项目落户上海证券交易所，相 关项目发行规模占市场总量的八成以上。 接受《证券日报》记者采访的专家表示，资产证券化正成为激活区域经济活力的重要引擎之一，其核心 价值体现在三重维度：一是"唤醒"存量资产，通过ABS将文旅物业、保障房等"静态资产"转化为"动态 资本"，契合国有"三资"管理改革，同时产生持续的现金流；二是优化融资结构，以资产信用为核心的 ABS模式，既实现低利率 ...

Core Viewpoint - Green finance is a crucial lever for the construction of a beautiful capital and is essential for promoting high-quality development in the capital city [1][3]. Group 1: Importance of Green Finance - Green finance serves as an important support for the multi-dimensional development of the beautiful capital [3]. - Beijing is focusing on strategic green industries such as advanced energy, synthetic biology, smart connected new energy vehicles, climate resilience, ecological protection, and green finance, providing ample application scenarios and innovation space for green finance [3]. Group 2: Achievements and Advantages - Beijing has made significant progress in building a green finance system, with a continuously expanding market scale, innovative products and services, and deepening international cooperation [3]. - The city possesses advantages in green finance, including a favorable policy environment, abundant financial resources, strong technological capabilities, and active international exchanges [3]. Group 3: Future Directions for Green Finance - Future efforts should focus on four dimensions: enhancing precise services, promoting product and model innovation, building a "technology + green" financial ecosystem, and fostering collaboration among government, market, academia, and industry [4][5]. - Financial support should align closely with the new urban planning and ecological protection requirements, emphasizing key areas such as clean energy transition, low-energy buildings, green transportation, and ecological restoration [4]. - Innovative financial products linked to carbon performance and environmental benefits should be developed to support the transition of traditional high-carbon industries to green low-carbon practices [4]. Group 4: Financial Tools and Support - The city has allocated no less than 60 billion yuan for re-loans and rediscounts to support green technology innovation [5]. - A whitelist system for green technology enterprises will be established to ensure targeted financial support [5]. - A comprehensive service platform for green technology finance will be created to provide one-stop financial solutions for green technology enterprises [5].

Group 1 - The core viewpoint of the articles highlights the significant growth and recovery of China's asset securitization market in the first half of 2025, with an issuance scale of approximately 0.96 trillion yuan, representing a year-on-year increase of 28.74% [2] - By the end of June 2025, the market's outstanding scale reached approximately 3.77 trillion yuan, up from 3.09 trillion yuan at the end of May 2025 [2] - Several targeted policies have been introduced to support the development of the asset securitization market, including the promotion of credit asset securitization in key sectors [2] - The issuance of asset-backed notes (ABN) surged to 258.28 billion yuan, marking a year-on-year growth of 48.70%, establishing itself as a significant growth driver in the market [3] Group 2 - The first half of 2025 saw the emergence of innovative asset securitization products, including green ABS, data asset ABS, and new energy ABS, driven by supportive policies [2] - The first data asset ABS was issued in Shenzhen Stock Exchange with a scale of 130 million yuan, exploring new paths for the marketization of data elements [2] - The asset securitization forum scheduled for September 25, 2025, in Shanghai will focus on current market trends and feature discussions on cross-border ABS, consumer infrastructure REITs, and digital asset securitization [3] - The forum will also include the "Jiefu Award" ceremony to recognize outstanding achievements in the financial sector [3]

Core Viewpoint - Dongxing Securities has launched the 2025 "Quality Improvement and Efficiency Enhancement" action plan, aiming for higher quality, efficiency, and sustainable development while enhancing investor satisfaction and rights protection [1][3] Group 1: Business Strategy - The company emphasizes its commitment to "serving the country through finance" and focuses on customer-centric and research-driven approaches to optimize its business structure and strengthen core business advantages [1] - In 2024, Dongxing Securities achieved a net profit attributable to shareholders of 1.544 billion yuan, an increase of 88.39% year-on-year, with a significant improvement in return on equity [1] - The company plans to leverage the synergy of its integrated financial service platform, which includes investment research, investment banking, asset management, and wealth management [1] Group 2: Shareholder Returns - Since its listing in 2015, Dongxing Securities has prioritized shareholder returns, with cumulative cash dividends reaching 4.81 billion yuan (including tax) and a dividend payout ratio exceeding 30% for nine consecutive years [2] - In 2024, the company implemented a mid-term dividend totaling 465 million yuan (including tax), representing 30.14% of the annual net profit attributable to shareholders [2] - For 2025, Dongxing Securities plans to enhance its dividend mechanism, increasing frequency and transparency, with a proposed cash dividend of 0.76 yuan (including tax) per 10 shares [2] Group 3: National Strategy Support - Dongxing Securities is actively implementing the financial "Five Major Articles" to support national strategies, including technology finance, green finance, inclusive finance, pension finance, and digital finance [2] - In 2024, the company underwrote technology innovation bonds worth 4.714 billion yuan and supported innovation enterprises in AI and new energy sectors through equity investments [2] - The company successfully issued the country's first dual-originator green ABS with a scale of 400 million yuan and has engaged in various projects to enhance financial inclusivity and pension strategies [2]

Core Viewpoint - The article emphasizes the importance of developing five key areas in finance: technology finance, green finance, inclusive finance, pension finance, and digital finance, as essential tasks for building a strong financial nation in China. Green finance is highlighted as a critical component for economic transformation and ecological civilization [1] Group 1: Green Finance Strategy - The company has established a "Green Securities Finance Leadership Group" and a dedicated "Green Finance Department" to drive the development of green finance, with a target to exceed 200 billion yuan in green investment and financing by 2025 [2] - The company has created a comprehensive support system to address industry challenges such as inadequate standards and a shortage of professionals in green finance [2] - The company has developed the first industry standard for evaluating green securities finance, incorporating ESG information into the evaluation process [2] Group 2: Green Financing and Investment - The company has supported over 450 billion yuan in green equity and debt financing projects, including innovative products like the first household photovoltaic ABS project in China [3] - As a pioneer in ESG investment, the company has introduced over 260 green-themed financial products, with a total scale exceeding 15 billion yuan [3] - The company has published nearly 500 research reports related to green finance, contributing to the understanding of China's dual carbon goals [3] Group 3: Environmental Rights Trading - The company has facilitated various resource and environmental transactions, achieving a total transaction amount exceeding 5.3 billion yuan, including innovative projects in carbon trading [4] Group 4: Industry Standards and International Cooperation - The company actively participates in the formulation of green securities business standards and aims to unify standards in the green stock sector [5] - The company is committed to enhancing international cooperation in green finance, contributing to the interconnectedness of domestic and international green finance markets [5] Group 5: Capital Mediation and ESG Promotion - The company acts as a bridge for capital, empowering the real economy, particularly in supporting the national dual carbon strategy [6] - The company aims to guide long-term capital towards green low-carbon sectors, optimizing social capital allocation for sustainable development [6]

Core Viewpoint - The article emphasizes the importance of green finance as a strategic pillar for the securities industry, aligning with national goals and contributing to high-quality economic development [1][2]. Group 1: Green Finance Strategy - The company integrates green finance into its entire business chain, viewing it as a strategic support for fulfilling national responsibilities [2]. - A dedicated "Green Finance Department" has been established to promote green finance business development, with a target of exceeding 200 billion yuan in green investment and financing by 2025 [3]. Group 2: Systematic Support Framework - The company has created a comprehensive support system to address industry challenges such as inadequate standards and a shortage of professionals [4]. - It has developed the first industry-specific "Green Securities Financial Business Evaluation Standard," incorporating ESG information into project evaluations [5]. - A training program for green finance specialists has been initiated, with 138 certified professionals across 44 branches by the end of 2024 [5]. Group 3: Green Capital Hub - The company has supported over 450 billion yuan in green equity and debt financing projects, including innovative green bonds [7]. - It has introduced over 260 green-themed financial products, with a total asset scale exceeding 15 billion yuan in green investment products [7]. - The company has published nearly 500 green-related research reports, contributing to the understanding of the "dual carbon" goals [7]. Group 4: Expanding Green Development - The company actively participates in the formulation of industry standards and enhances international cooperation in green finance [9]. - It aims to provide diverse financing solutions for strategic emerging industries and major projects related to national energy and ecological security [9][10]. - The company seeks to guide long-term capital towards green low-carbon sectors, optimizing social capital allocation [10].

Core Viewpoint - The article emphasizes the importance of developing five key areas of finance: technology finance, green finance, inclusive finance, pension finance, and digital finance, as essential tasks for building a strong financial nation in China. Green finance is highlighted as a critical component for economic transformation and ecological civilization [1]. Group 1: Green Finance Strategy - The company has established a "Green Securities Finance Leadership Group" and a dedicated "Green Finance Department" to promote green finance business development, with a target to exceed 200 billion yuan in green investment and financing by 2025 [2]. - The company has created a comprehensive support system to address industry challenges such as inadequate standards and a shortage of professionals, including the first industry-specific "Green Securities Finance Business Evaluation Standard" [3]. Group 2: Green Financial Products and Services - The company has supported over 450 billion yuan in green equity and debt financing projects, including pioneering green ABS projects and green bonds related to national strategies [4]. - The company has introduced over 260 green-themed financial products, with a total asset scale exceeding 15 billion yuan in responsible and green investment products [4]. Group 3: Environmental Rights Trading - The company has facilitated various resource and environmental transactions, achieving a total transaction amount exceeding 5.3 billion yuan, including innovative projects like carbon credit trading [5]. Group 4: Industry Standards and International Cooperation - The company actively participates in the formulation of green finance standards and strengthens international cooperation to enhance the interconnectedness of domestic and international green finance markets [6][7]. Group 5: Empowering the Real Economy - The company aims to bridge the gap between capital and the real economy by providing advisory services and promoting ESG performance among enterprises, while also guiding investors towards green projects [8].

Core Viewpoint - The article highlights the achievements and strategic initiatives of Huaxia Bank Nanjing Branch over the past 30 years, emphasizing its commitment to high-quality development, social responsibility, and support for local economic growth in Jiangsu province. Group 1: Historical Development and Achievements - Huaxia Bank Nanjing Branch was established on June 6, 1995, as the first branch outside its headquarters, becoming one of the earliest joint-stock commercial banks in Jiangsu [1] - The branch has expanded to 9 secondary branches and 63 business institutions, achieving total assets of 220 billion yuan, deposits exceeding 180 billion yuan, and loans over 200 billion yuan [1] - The branch has received numerous accolades, including "National May Day Labor Award" and recognition as a "Civilized Unit" in Jiangsu province [1] Group 2: Party Leadership and Governance - The branch emphasizes the importance of the Party's leadership in guiding its operations and has implemented strict governance measures to foster a culture of integrity [3] - It actively promotes the integration of Party work with business operations, aligning its goals with national strategies such as the "Belt and Road Initiative" and "Yangtze River Economic Belt" [4] Group 3: Social Responsibility and Community Engagement - Over the past decade, the branch has donated over 10 million yuan and engaged in various community support initiatives, enhancing the welfare of local residents [5] - It has been recognized as an advanced unit for its poverty alleviation efforts and has implemented numerous charitable activities [5] Group 4: Economic Development Support - The branch has established specialized teams to support major projects in Jiangsu, providing funding for infrastructure and development initiatives [6] - It has facilitated the issuance of special bonds to support local government projects, helping to secure 16 billion yuan for various initiatives [6] Group 5: Industry Focus and Innovation - The branch has targeted key industries such as biopharmaceuticals and high-end manufacturing, maintaining double-digit growth in manufacturing loans [7] - It has introduced innovative financial products, including green ABS, to support the transformation of traditional industries [7] Group 6: International Trade and Foreign Exchange Services - The branch has enhanced its foreign exchange services to support local enterprises in navigating international markets, providing comprehensive cross-border financial services [8] Group 7: Financial Inclusion and Support for SMEs - Huaxia Bank Nanjing Branch has developed a range of inclusive financial products, serving over 15,000 small and micro enterprises and providing nearly 100 billion yuan in inclusive loans [14] - It has tailored financial solutions for agricultural enterprises, contributing to rural revitalization efforts [15] Group 8: Aging Population and Pension Services - The branch has focused on developing financial services for the elderly, supporting the construction of senior care facilities and offering specialized pension products [16][17] Group 9: Digital Finance and Technological Integration - The branch has launched digital financial products to support various industries, serving over 4,000 clients and facilitating over 10 billion yuan in credit [18] - It has partnered with local data groups to enhance digital infrastructure, contributing to the growth of the digital economy in Jiangsu [19]