Trend Alert | Hermès Artisan Workshops Arrive in Shanghai, UNIQLO Releases 2026 Consumer Trends Report, Amiri Pop-Up Opens in Shenzhen, Kantar Unveils 2026 Global Brand Value Ranking

From May 17 to 24, the 15th stop of Hermès’ global touring exhibition of its artisan workshops arrived at the Shanghai Exhibition Centre.

cls.cnMay 21 21:34

Breaking the RMB 10 mark! CCB's share price hits a record high—where does the sector stand following recent valuation assessments?

① Today, China Construction Bank's share price surpassed the RMB 10 mark, reaching a record high, with trading volume hitting the second-highest level of the year. ② China Construction Bank's recent margin financing balance has remained stable, hovering around RMB 1.2 billion. ③ The banking index currently offers a dividend yield of 5.12%, placing it at the 74.3rd percentile over the past decade.

cls.cnMay 21 17:29

One foot on the brake, the other on the accelerator: A closer look at proprietary holdings of affiliated funds by China’s state-owned and joint-stock banks in 2025, with some yielding over 16%

① In 2025, commercial banks reduced their proprietary investments in funds, cutting their holdings of publicly offered funds by approximately RMB 460 billion to RMB 7.35 trillion for the full year. ② Under the related-party definition, the combined fund holdings of 14 major state-owned and nationwide joint-stock commercial banks increased by RMB 112.5 billion in the second half of the year, yet the banking sector as a whole still reduced its fund positions. ③ In terms of investment fund performance, large state-owned banks achieved stable returns, while joint-stock banks experienced significant volatility.

cls.cnMay 21 12:15

Four securities firms appear on Changxin's shareholder list, with hundreds of billions in unrealized gains reshuffling rankings—equivalent to creating one and a half 'China Merchants Securities'.

① According to Changxin Technology's prospectus, four securities firms—China Merchants Securities, Huaan Securities, CITIC Securities, and CICC—hold indirect stakes in the company. ② Based on Changxin Technology’s estimated valuation of RMB 3 trillion, China Merchants Securities stands to realize an unrealized gain of nearly RMB 20 billion, while Huaan Securities exceeds RMB 10 billion, significantly boosting both firms’ net profits. ③ The earnings contribution from this equity investment is expected to propel China Merchants Securities into the top three among securities firms by profitability and help Huaan Securities break into the industry’s top ten.

cls.cnMay 21 09:55

The securities industry is facing nearly one penalty per day on average, with two sponsor representatives each fined one million yuan for 'covert shareholding,' and a broker barred from the industry for two years.

① Peng Jinlin is barred from holding any client development or service position for two years due to allegations involving unauthorized trading on behalf of clients, ‘off-the-books’ transactions ('fei dan'), and engaging in outside employment that created conflicts of interest; ② Su Huafeng and Shi Zheyuan were fined RMB 900,000 and RMB 1,000,000 respectively for violations related to improper equity investments by employees; ③ Wei Wenjing received a warning letter for engaging in unauthorized trading on behalf of clients and making improper guarantees of investment returns.

cls.cnMay 21 07:42

Spotting the trend once again! AICs of China's five major state-owned banks have appeared on the shareholder lists of Changxin Technology and Yangtze Memory Technologies, signaling initial success in their investment-lending linkage transformation.

① AIC subsidiaries of multiple banks—including Bank of China, Agricultural Bank of China, Bank of Communications, and China Construction Bank—have collectively appeared as shareholders in ChangXin Technology and Yangtze Memory Technologies, two memory companies preparing for IPOs; ② Previously, many banks successfully invested in equity stakes aligned with high-growth sectors such as new energy and artificial intelligence; ③ Industry observers believe that banks’ accelerated expansion into AIC equity investment operations will facilitate their business transformation and help establish diversified profit centers.

cls.cnMay 20 23:01