In response to shifting deposits, several leading banks are intensifying their 'stringent selection' processes. What new strategies will another major bank adopt upon joining the list?

① Similar to China Merchants Bank's actions, ICBC launched its fund sales service brand 'Gongying Research Selection,' while CCB introduced its carefully curated fund brand 'Longying FOF'; ② Each bank’s carefully selected fund brand adopts different strategies, but all have moved away from the traditional 'shelf consignment' model, instead building competitive advantages through research and investment capabilities.

cls.cn14:56

As gold prices retreat, major banks have begun to lower the risk rating for accumulated gold investments.

On May 12, ICBC announced that one week later (May 19), the product risk level of the Ruyi Gold Accumulation business would be downgraded from R3 (medium risk) to R2...

wallstreetcn14:34

The official 'farewell' on June 30 marks the countdown to the shutdown of the first major state-owned bank's credit card app! The integration of credit card channels has become an inevitable trend.

①This morning, Bank of China Credit Card Center announced that the 'Colorful Life' App will fully cease operations at 24:00 on June 30, 2026. ②In addition to Bank of China, other major state-owned banks have also made adjustments to their credit card businesses. ③Banks can no longer rely on credit card operations to generate substantial revenue. In consideration of cost reduction and efficiency enhancement, the consolidation of app-based channel services is understandable.

cls.cn12:27

20 Mid-Year Strategy Conferences Debate the Second Half of 2026: Is the AI Sector a Bubble or a New Turning Point?

①Currently, 20 securities firms have confirmed the schedule for their mid-year strategy meetings, including those recently held by TF Securities and China International Capital Corporation (CICC); ②Huang Wentao, administrative head of CICC's Research and Development Department, stated that investing in the strategic trend of 'the East rising while the West declines' is the best strategy for this era; ③The mid-year strategy meetings remain highly popular, with over 2,000 participants at CICC’s event, more than 1,100 at TF Securities’, and each session of CITIC’s conferences historically exceeding 4,000 attendees.

cls.cn10:38

The Race for AI in Brokerage Firms: Leading Brokerages Boost AI Integration in Apps—What Can Investors Gain?

① The launch of the AI-powered YiDa feature in version 10.0 of 'Qingting Dianjin' has drawn significant attention, highlighting the divergent approaches among securities firms regarding AI integration within mobile applications; ② Like CSC Financial, many firms are exploring a 'seamless integration' model by upgrading their existing apps with intelligent functionalities, which represents the predominant choice for securities firms at this stage; ③ A notable trend in the industry's evolution is that securities firms are increasingly emphasizing the deep integration of AI technology with financial expertise.

cls.cn10:00

A 31% surge in scale! Mixed fortunes for securities firms' asset management: 37 products gained over 20% year-to-date, while 20 incurred losses exceeding 5%.

① Since the beginning of this year, 37 non-placement broker asset management products have achieved returns exceeding 20%, with flexible allocation mixed products becoming the mainstay; ② 20 broker asset management products have seen their returns fall by more than 5% since the beginning of this year, with industry-themed and broad-based index equity products being the hardest hit.

cls.cnMay 12 21:06