Core Viewpoint - The A-share market has seen a rise in bank stocks, with several banks experiencing significant gains despite overall market trends [1] Group 1: Stock Performance - CITIC Bank increased by 3.48%, with a total market capitalization of 414 billion [2] - Shanghai Bank rose by 2.49%, with a market cap of 134.6 billion [2] - Huaxia Bank saw a gain of 2.05%, with a market value of 103 billion [2] - Industrial Bank increased by 1.98%, with a market cap of 403.6 billion [2] - Everbright Bank rose by 1.81%, with a total market capitalization of 199.7 billion [2] - Nanjing Bank increased by 1.52%, with a market cap of 132.2 billion [2] - Beijing Bank saw a rise of 1.51%, with a market value of 113.7 billion [2] - Agricultural Bank increased by 1.49%, with a market cap of 23,869 billion [2] - Industrial and Commercial Bank rose by 1.38%, with a market value of 26,196 billion [2] - Zhejiang Bank increased by 1.37%, with a market cap of 81 billion [2] - Bank of Communications rose by 1.36%, with a market value of 592.9 billion [2] - Shanghai Pudong Development Bank increased by 1.29%, with a market cap of 338.7 billion [2] - Qingdao Bank saw a rise of 1.15%, with a market value of 30.7 billion [2] - Bank of China increased by 1.12%, with a market cap of 17,496 billion [2] - Minsheng Bank rose by 1.07%, with a market value of 165.9 billion [2] - China Construction Bank increased by 1.03%, with a market cap of 23,047 billion [2] - Ping An Bank rose by 1.02%, with a market value of 212.3 billion [2] Group 2: Year-to-Date Performance - CITIC Bank has a year-to-date decline of 3.38% [2] - Shanghai Bank has decreased by 6.24% year-to-date [2] - Huaxia Bank has a year-to-date decline of 4.34% [2] - Industrial Bank has decreased by 9.45% year-to-date [2] - Everbright Bank has a year-to-date decline of 3.15% [2] - Nanjing Bank has decreased by 6.47% year-to-date [2] - Beijing Bank has a year-to-date decline of 1.82% [2] - Agricultural Bank has decreased by 11.20% year-to-date [2] - Industrial and Commercial Bank has a year-to-date decline of 7.31% [2] - Zhejiang Bank has decreased by 2.96% year-to-date [2] - Bank of Communications has a year-to-date decline of 7.45% [2] - Shanghai Pudong Development Bank has decreased by 18.25% year-to-date [2] - Qingdao Bank has increased by 17.86% year-to-date [2] - Bank of China has a year-to-date decline of 5.24% [2] - Minsheng Bank has decreased by 1.04% year-to-date [2] - China Construction Bank has a year-to-date decline of 5.06% [2] - Ping An Bank has decreased by 4.12% year-to-date [2]

对接会上，中信银行郑州分行围绕企业出海全流程金融需求，聚焦企业"从出口到出海"的转型路径与关 键环节，系统介绍了跨境出海综合服务方案。该方案覆盖从海外架构设计与设立、境外投资备案 （ODI）的全流程辅导，到离岸贸易、项目融资等全周期的环节，形成了本外币、在岸离岸一体化服务 体系。同时，该行还结合外汇展业改革试点、外向型企业积分贷、信保融资白名单、跨境闪贷、外汇衍 生品专项授信等创新金融工具，帮助企业理解政策、用好政策，以"外汇管家式"服务支持外贸企业成 长。 【大河财立方 记者 席韶阳 通讯员 王康丽 常双双】近日，国家外汇管理局新乡市分局联合中国人民银 行新乡市分行、市金融办、市商务局共同举办"金融支持稳外贸"新乡专场政银企对接会，中信银行郑州 分行作为协办单位受邀出席，并就跨境金融服务作专题宣讲，新乡市50余家头部外贸企业参会。 跨境金融是连接国内国际双循环的重要纽带。近年来，中信银行郑州分行依托其在岸、离岸、自贸一体 化跨境服务优势，持续深耕企业在进出口贸易、国际结算、外汇交易、跨境投融资等领域的服务能力， 为企业提供全方位、高标准的跨境金融支持。本次政银企对接，为企业出海提供了政策、融资、避险、 资金 ...

Group 1 - The banking sector experienced a decline of 0.53% on January 30, with Huaxia Bank leading the drop [1] - The Shanghai Composite Index closed at 4117.95, down 0.96%, while the Shenzhen Component Index closed at 14205.89, down 0.66% [1] - Major banks such as China Merchants Bank and CITIC Bank showed mixed performance, with China Merchants Bank slightly up by 0.36% and CITIC Bank down by 0.28% [1] Group 2 - The banking sector saw a net outflow of 665 million yuan from institutional investors, while retail investors contributed a net inflow of 564 million yuan [1] - Specific banks like Huaxia Bank and Minsheng Bank faced significant net outflows from institutional investors, with Huaxia Bank seeing a net outflow of 67 million yuan [1] - Retail investors showed a preference for certain banks, with significant net inflows into banks like Ping An Bank and Zhejiang Commercial Bank [1]

此次对接会上，中信银行郑州分行围绕企业出海全流程金融需求，聚焦企业"从出口到出海"的转型路径 与关键环节，系统讲解中信银行跨境出海综合服务方案，深入解读为出海企业提供的海外架构设计与设 立、境外投资备案（ODI）的全流程辅导以及离岸贸易、项目融资等在内的全周期、本外币、在岸离岸 一体化服务体系。中信银行还为企业提供了创新产品和工具，助力企业懂政策、用政策、享红利， 以"外汇管家式"服务陪伴企业成长。 未来，中信银行郑州分行将依托"更加便利、更加开放、更加安全、更加智慧"的外汇管理要求，持续 为"走出去"企业提供全方位、综合化的跨境金融解决方案，助力更多企业稳健前行。 来源：环球网 中信银行郑州分行相关负责人表示，此次政银企对接为企业出海提供了政策、融资、避险、资金管理等 方面的专业建议，助力企业吃透外汇局和银行的扶持政策，精准破解企业难题。 近日，国家外汇管理局新乡市分局联合中国人民银行新乡市分行、市金融办、市商务局共同举办"金融 支持稳外贸"新乡专场政银企对接会。中信银行郑州分行作为协办单位，被邀请做跨境金融服务专题宣 讲，新乡市50余家头部外贸企业参加对接会。 近年来，中信银行郑州分行深耕企业进出口贸易、 ...

Core Viewpoint - The overall performance of the banking industry shows a steady improvement in asset scale expansion, profitability, and risk management as ten listed banks report their preliminary performance for 2025 [1] Group 1: Asset Scale Expansion - Ten banks achieved steady growth in total asset scale, with some banks reaching new milestones; for instance, China Merchants Bank's total assets exceeded 13 trillion yuan for the first time, reaching 13.07 trillion yuan, an increase of 918.49 billion yuan or 7.56% year-on-year [3][5] - CITIC Bank and Shanghai Pudong Development Bank both surpassed the 10 trillion yuan mark in total assets, indicating a significant expansion in their asset scale [5][4] - By the end of 2025, the total assets of CITIC Bank reached 10.13 trillion yuan, growing by 6.28%, while Shanghai Pudong Development Bank's total assets reached 10.08 trillion yuan, increasing by 6.55% [5][6] Group 2: Profitability Performance - Nine banks reported both revenue and net profit growth, with notable performances from Hangzhou Bank, Shanghai Pudong Development Bank, and Qingdao Bank, which achieved double-digit growth in net profit [8] - In 2025, Hangzhou Bank's operating income was 38.80 billion yuan, a year-on-year increase of 1.09%, with net profit attributable to shareholders reaching 19.03 billion yuan, up 12.05% [8] - Shanghai Pudong Development Bank's operating income was 173.96 billion yuan, an increase of 1.88%, while net profit attributable to shareholders rose by 10.52% to 50.02 billion yuan [9][10] Group 3: Risk Management - Half of the banks reported a decline in non-performing loan (NPL) ratios, indicating effective risk management; for example, CITIC Bank's NPL ratio was 1.15%, down by 0.01 percentage points [12][11] - The overall NPL ratio for the ten banks remained stable, with five banks showing a decrease, while others maintained their ratios, reflecting strong asset quality management [12][11] - The provision coverage ratio for eight banks decreased, but remained at sufficient levels to absorb potential risks, with Shanghai Pudong Development Bank and Qingdao Bank being the exceptions, as their ratios increased [15][14]

中信、浦发资产规模破十万亿，城商行保持两位数高增 具体来看，中信银行、浦发银行资产规模双双迈入十万亿关口；9家银行实现营收净利双增长，城商行 增速表现亮眼；半数银行不良率下行，拨备出现回调但风险缓冲空间依旧充足。 截至目前，10 家上市银行 2025 年业绩快报首批亮相。整体上，行业规模扩张、盈利表现、风险管控三 大核心维度均呈现稳健向好态势。 2025年，10家银行总资产规模均实现了稳步增长，且部分银行资产规模上了新台阶。其中，招商银行资 产总额首次超过13万亿元，截至2025年12月31日，招商银行资产总规模13.07万亿元，较上年末增加 9184.87亿元，增幅7.56%；负债总额11.79万亿元，较上年末增加8710.63亿元，增幅7.98%。 兴业银行总资产也突破11万亿元，截至年末达11.09万亿元，同比增长5.57%。从核心业务来看，其各项 贷款余额5.95万亿元，同比增长3.70%；各项存款余额5.93万亿元，同比增速达7.18%，存款端增长势头 强劲。 值得关注的是，中信银行、浦发银行的资产规模双双迈进10万亿元大关。 而截至2025年末，中信银行、浦发银行双双迈过十万亿门槛，使该俱乐部成员 ...

如有疑问，请咨询中信银行24小时客户服务热线95558，感谢您的理解与支持。 （https://www.citicbank.com/common/financialnews/fwjm/202509/P020250930556298793295.pdf）。新的个 人金融短信通服务在保留原有服务内容基础上，丰富了信息展示要素，完善了收费标准。 2026年1月29日，中信银行（601998）发布公告称，为向您提供更好的动账短信通知体验，自2026年2月 1日起，个人金融短信通服务全面升级，本次升级已在2025年9月30日进行公示 2026年2月1日起，如您是新开通个人金融短信通的客户，可直接享受升级后服务，并且按照新《服务价 目表》（https://www.citicbank.com/common/financialnews/jmfwb2/201606/t20160608_3435960.html）执行 收费；如您之前已开通服务，在未主动授权升级的情况下，暂保持原有服务并按更新前的收费规则执 行，但因新服务生效后原有服务已下架，所以不再支持维护修改，建议尽快升级到新服务，或改为使用 免费的微信消息提醒，享受更优质的 ...

Core Viewpoint - The report highlights a decline in the scale of bank wealth management sales in December 2025, with a total of 13.46 trillion yuan, a decrease of 1.05% from November, but an increase of 10% from the beginning of the year. The growth is attributed to a "deposit migration" logic, indicating a shift in customer preferences towards wealth management products [2][6]. Group 1: Bank Performance - Postal Savings Bank showed a remarkable growth rate of 27.2%, leading among the 11 national banks, while China Merchants Bank followed with a 12.2% increase [2][4]. - In absolute terms, China Merchants Bank led with a wealth management sales scale of 4.41 trillion yuan, followed by CITIC Bank and Industrial Bank, each exceeding 1 trillion yuan [2][4]. - The ranking of the 11 banks remained relatively stable, with Postal Savings Bank rising from 7th to 4th place by the end of the year [2][4]. Group 2: Market Dynamics - The overall wealth management sales scale of the 11 banks increased by 1.22 trillion yuan, reflecting a 10% growth from the beginning of the year, with three banks (Postal Savings, China Merchants, and Huaxia) achieving growth rates above 10% [5][6]. - The average yield of wealth management products fell below 2% for the first time, at 1.98%, yet the number of investors increased by 14.37%, indicating a strong demand for stable-return products [8][9]. - The "deposit migration" narrative remains a key driver for the growth of wealth management, as banks focus on deeper market penetration and optimizing customer service [9][10]. Group 3: Future Outlook - Predictions suggest that by the end of 2026, the wealth management scale could reach approximately 38 trillion yuan, with a growth rate of around 12% [11]. - The average risk index is expected to gradually rise, and the proportion of long-term products is anticipated to increase, while T+0 products will decrease [11].

Group 1: Core Insights - The 2025 annual performance reports of 10 listed banks in A-shares show a year-on-year increase in net profit and stable asset growth, with some banks achieving double-digit growth in key sector loan balances [1][2] - The reported banks include four joint-stock banks, five city commercial banks, and one rural commercial bank, all of which have demonstrated revenue and net profit growth [2][3] Group 2: Financial Performance - Among the joint-stock banks, China Merchants Bank leads with a net profit of 150.18 billion yuan, a year-on-year increase of 1.21%, while Shanghai Pudong Development Bank shows a remarkable growth of 10.52% [2][3] - City commercial banks and rural commercial banks also reported revenue and net profit growth, with Ningbo Bank and Nanjing Bank showing significant increases in revenue [2][3] Group 3: Asset Quality and Risk Management - The asset quality of the 10 listed banks remains stable, with non-performing loan ratios ranging from 0.76% to 1.26%, and several banks have seen a decrease in their non-performing loan ratios compared to the previous year [7] - The overall provision coverage ratio has declined for most banks, indicating a strategic release of provisions to support net profit while maintaining a solid risk buffer [7]

Core Viewpoint - Multiple banks are targeting the year-end bonuses of workers by launching exclusive financial products and promotional activities to attract customers [2][5][10]. Group 1: Year-End Bonus Financial Products - Several banks, including Postal Savings Bank, Bank of Communications, and China Merchants Bank, have introduced dedicated sections in their mobile banking apps for year-end bonus financial products [5][6][7]. - For example, Postal Savings Bank offers products like "Daily Earnings" with a maximum annualized rate of 1.52% and a low-risk product with an annualized rate of 4.28% [6]. - China Merchants Bank has a "Year-End Bonus" section that includes tasks for customers to unlock rewards, specifically targeting customers with salary accounts [7]. Group 2: Asset Allocation Strategies - Some banks are providing asset allocation strategies for year-end bonuses, suggesting a breakdown of funds into categories such as daily expenses, safety nets, stable investments, and growth investments [8]. - For instance, the Guangdong branch of China Construction Bank recommends allocating 10%-20% for daily expenses, 5%-10% for safety, 40%-60% for stable investments, and 10%-20% for growth [8]. Group 3: Market Trends and Data - As of the end of 2025, the total scale of the bank wealth management market reached 33.29 trillion yuan, an increase of 11.15% from the beginning of the year, with the number of investors growing by 14.37% [12][13]. - The report indicates that low-risk and medium-low-risk products dominate the market, with 95.73% of the total wealth management products falling into these categories [14]. - In 2025, wealth management products generated a total return of 730.3 billion yuan for investors, with an average yield of 1.98% [14].