Recently, market rumors have suggested that China Merchants is taking measures to reduce salaries, with the investment banking department's wages being cut in half and bonuses canceled. On December 12, a reporter called China Merchants as an investor to inquire about the authenticity of the news, and the response was that this matter is handled externally by the media public relations department. The media public relations department of China Merchants has not yet responded to this. A reporter learned from a person in the investment banking department of China Merchants that the company has not officially issued any notices regarding salary cuts. The salary reduction in the investment banking department has attracted significant attention, related to the notable decline in China Merchants' investment banking income this year. (Economic Observer)