Intensive capital supplementation in the banking industry, large banks are enthusiastic about issuing bonds while small banks focus on private placement increase.

On June 14, Weihai Bank announced that it had entered into an H-share subscription agreement with Hengyuan Holdings, intending to issue up to 150 million H shares to Hengyuan Holdings, with the net proceeds from the issuance, after deducting relevant expenses, to be used to supplement the company's core Tier 1 capital. Weihai Bank's capital increase is a microcosm of the current trend of intensive capital supplementation in the banking industry. Based on the public information, Securities Times reporters found that since 2026, the capital supplementation efforts of banks have significantly accelerated against the backdrop of continuously narrowing net interest margins and insufficient internal capital supplementation. On one hand, the issuance of Tier 2 capital bonds and perpetual bonds has entered a intensive period since May, but the issuers are still mainly focused on large and medium-sized banks; on the other hand, cases of smaller banks supplementing their core Tier 1 capital through capital increases, share expansions, and targeted equity offerings have been frequently seen, presenting a clear differentiation pattern of "large banks issuing bonds, small banks conducting private placements".