Group 1 - The Winter Olympics in Italy has reignited public interest in ice and snow sports, leading to increased participation in activities such as ice skating and skiing in popular locations like Beijing and Chongli [1] - Chongli, a key area for ice and snow tourism, is projected to receive over 10 million visitors by 2025, with weekend visitor numbers at certain ski resorts reaching around 15,000 [1] - The Northeast region of China is experiencing a booming ice and snow economy, highlighted by the launch of the "2026 'Buy in China' National Ice and Snow Consumption Season" in Harbin [1] Group 2 - The "Ice and Snow +" initiative aims to broaden the consumption chain, transforming ice and snow entertainment into a diversified consumer experience [2] - A complete ice and snow consumption chain has formed, with consumers spending significantly on equipment and travel, indicating the growing potential of the ice and snow economy [3] - Popularity in ski resorts is driving growth in related sectors such as transportation, accommodation, and dining [3] Group 3 - Hotel bookings in Chongli are in high demand, with some hotel types already fully booked, and snow equipment stores are also seeing increased customer traffic [4][5] - The China Tourism Research Institute forecasts that ice and snow tourism participants will reach 360 million by the winter of 2025-2026, generating an income of 450 billion yuan, with 220 million tourists primarily motivated by ice and snow activities [6] - Local governments are implementing targeted policies and initiatives to stimulate ice and snow consumption, integrating it into the overall New Year consumption season [6] Group 4 - Hubei province plans to launch a "Dance with Winter" ice and snow consumption season, distributing consumption vouchers and creating premium tourism routes to boost related spending by over 200 million yuan [7] - Jilin province aims to establish itself as a world-class ice and snow tourism destination, with a 5 billion yuan fund and 1 billion yuan in consumption vouchers to promote the industry [7] - Financial institutions are introducing various financial products to support the ice and snow economy, including interest-free installment plans and discounts for consumers [8] Group 5 - The ice and snow economy is transitioning from a seasonal trend to a high-quality, full-industry chain development, becoming a significant driver for domestic demand and consumption [8]

普惠金融，特别是小微企业融资问题，被称为"世界性"难题。由于小微企业的金融需求特点 是"短、小、频、急、散"，商业银行普惠金融业务普遍面临服务规模化、风险可控性与商业可持续 的"不可能三角"难题，如何构建高质量可持续发展的普惠金融模式，是提升实体经济服务质效的重要课 题。 中信银行坚守服务实体经济的初心使命，始终坚持金融工作的政治性、人民性，通过构建"产品创 新工厂、智能风控平台、数字运营体系"三大数字平台，依托"线上化—数据化—智能化"三步走，建 立"敢贷愿贷能贷会贷"长效机制，培育了中信特色的普惠金融数字化创新生态，全面提升了小微企业的 金融可得性，为破解"普惠不可能三角"贡献了中信方案。 产品创新工厂重构普惠产品供给模式。依托信用、抵押、质押等多条标准化生产线，打造"信贷工 厂"，实现了产品的"乐高式"组装和场景化定制，孵化了"房、链、政、创、网"五大系列、20余项体验 良好和成效显著的线上产品。 智能风控平台赋能业务的全程全景管理。秉承"数据资产即商业信用"创新理念，通过整合内部数 据、连通外部信息，利用人工智能、机器学习等技术构建多维度指标，首创了基于全链路自动机器学习 模式，在"指标体系—归因发现 ...

Group 1 - The core viewpoint of the articles suggests that investors are advised to "hold stocks during the festival" based on historical patterns, improving fundamentals, and potential recovery in risk appetite [1][2][3] - Historical data indicates a significant "Spring Festival effect" in the A-share market, with an 81% probability of the Shanghai Composite Index rising in the week before the festival and a 76% probability in the week after [2][6] - Multiple securities firms, including Dongwu Securities and Huajin Securities, believe that the current market conditions, characterized by a gradual reduction of suppressive factors, will create space for a post-festival rally [2][3] Group 2 - The market style typically shifts significantly before and after the Spring Festival, with a preference for defensive sectors like banks and food and beverage before the festival, and a transition to cyclical and growth stocks afterward [4][6] - Historical quantitative data shows that the CSI 300 Index (representing large caps) outperforms the CSI 2000 Index (representing small caps) in the week before the festival, while the reverse is true in the week after [4] - Analysts from Galaxy Securities note that the market is currently exhibiting typical "pre-festival risk aversion," with funds moving away from high-valuation technology and cyclical sectors towards value and consumption themes [4][8] Group 3 - Despite the optimistic outlook for the Spring Festival market, potential risks remain, particularly from external uncertainties that could impact post-festival market sentiment [5][6] - The upcoming long holiday may lead to a short-term market fluctuation as some funds may choose to exit the market to avoid overseas volatility [6][8] - Analysts emphasize the need to monitor two main areas: uncertainties in overseas markets, including fluctuations in Federal Reserve policy and geopolitical tensions, and potential short-term liquidity shocks from pre-festival fund exits [8]

目前，主动授信模式已成为新的业务增长点，不仅显著提升了金融信贷服务的覆盖面，还有效强化 了风险防控能力，为内需增长提供了有力支撑。在乡村振兴业务模式方面，通过持续丰富"三农"服务场 景、深化网格化管理，进一步扩大了乡村金融规模并提升了服务质效，增强了农村金融服务的普惠性与 可及性。截至2025年6月末，邮储银行涉农贷款余额达2.44万亿元，较上年末增加1495.85亿元，其中专 注于服务农户和个体工商户的小额贷款余额为1.6万亿元。相关创新实践入选农业农村部"金融支农十大 创新模式"，为行业提供了可复制、可推广的宝贵经验。 责任编辑：韩胜杰 一是夯实技术基础，实现科技自立自强。在技术底座建设方面，邮储银行坚持核心技术自主可控， 基于开源Hadoop体系自研了适配ARM架构的大数据平台产品（UDZ），攻克多个组件的信创适配和兼 容性难题，实现基础平台的自主可控。支持"批量+微批+实时"多时效服务模式，为全域数据处理提供 了强大支撑。 二是构建全域数据资产体系，释放数据价值。在数据资产体系的建设上，围绕"治理即服务、数据 即价值、可见即可得"目标，构建具有邮储银行特色的数据管理体系，搭配完整的大数据支撑架构，为 ...

2月9日晚间，九方智投控股有限公司（以下简称"九方智投控股"）发布公告称，上海证监局对其子 公司上海九方云智能科技有限公司（以下简称"九方智投"）出具《行政监管措施决定书》，责令该公司 改正及自收到决定书之日起暂停新增客户3个月，并立即开展全面整改工作。 公告显示，其整改方案包括：严肃处理涉及违规的个别人员，并组织开展专项合规教育培训，增加 检查频率；进一步加强规范营销宣传行为，通过技术监测与人工复核，以保障营销宣传内容真实、准 确、适度并遏制误导性宣传；强化直播内容管控，聚焦内容真实、数据准确、逻辑严谨，进一步加强素 材溯源、事前审查、事中监测与事后审查的管理系统，确保信息可溯可查；健全合规风控体系，优化营 销、直播及人员资质管理等合规风控系统；明确业务操作边界，严禁未经合规审查的观点传播与不当解 读，防范未登记备案人员违规提供投资建议。 2026年以来，证券投资咨询行业的监管罚单密集落地。九方智投是年内第五家被暂停新增客户的持 牌投顾机构。 2月9日晚间，港股上市机构九方智投控股发布公告称，鉴于九方智投存在违规行为，包括部分营销 宣传内容存在误导性、直播营销内容存在虚假不实信息、合规管理和风险控制机制不健 ...

"点得我手都快麻了。"陷在江苏家中的沙发里，大三学生钟襄身边散落着砂糖橘和瓜子壳，拇指在 手机屏幕上快速起落，眼神在几个亮着的屏幕间来回切换。这个寒假，她最主要的"工作"是在元宝、千 问和百度文心一言等人工智能（AI）应用间循环往复——抢红包。 马年春节前夕，互联网营销大战再次上演。和往年不同的是，冲锋在前的既不是传统电商、也非外 卖平台，而是各大科技公司旗下的AI大模型应用。和以往类似的是，这场看似崭新的技术竞赛，用的 却依旧是"发红包"抢客的传统路数。 新坛装旧酒，在AI时代，还能奏效吗？ "这轮AI红包营销是各大互联网巨头在技术变革关键窗口期，以经典'烧钱'模式争夺下一代超级入 口的卡位战。与此前争夺支付、社交的'红包大战'有本质不同。"南开大学金融发展研究院院长田利辉 告诉《金融时报》记者，过去争的是"支付习惯"和"用户时长"，现在争的是"第一反应"与"服务调度 权"。例如，当用户遇到问题时，是习惯性打开微信问"元宝"，还是去淘宝找"千问"。 多重好礼 自1月底起，一场跨越年龄与圈层的全民AI应用"入口争夺战"，以熟悉的配方、升级的战场，引爆 了整个互联网。 1月25日，百度率先官宣马年春节红包活动， ...

Core Insights - The year-end bonus wealth management market is heating up as banks launch exclusive products and services tailored for year-end bonuses, reflecting a shift towards more diversified asset allocation strategies [1][2] Group 1: Market Trends - Major banks, including state-owned and joint-stock banks, are introducing specialized financial products for year-end bonuses, focusing on low investment thresholds and diverse strategies [1] - The traditional focus on single product yield competition is changing, with financial institutions now emphasizing one-stop asset allocation services that combine wealth management, deposits, and funds [1][2] Group 2: Consumer Behavior - Year-end bonuses are characterized by concentrated amounts, flexible terms, and a tendency towards conservative risk preferences, prompting banks to offer tailored solutions [2] - The rise in year-end bonus wealth management reflects a rational upgrade in residents' financial awareness and behavior, with consumers prioritizing stability and liquidity in their investment choices [2][3] Group 3: Investment Strategies - A three-tier investment framework is recommended: cash management tools for short-term liquidity, stable products for mid-term planning, and disciplined investments for long-term goals [3] - Investors are advised to understand that performance benchmarks do not guarantee returns and to carefully assess the underlying assets and historical volatility of products [3] Group 4: Market Outlook - The wealth management market in China, with a scale of approximately 33 trillion yuan, is entering a mature development phase, expected to experience structural deepening and quality growth [3][4] - The shift in asset allocation from real estate to financial assets indicates a solid foundation for the growth of wealth management products, with a competitive focus on asset allocation capabilities and customer service [4]

Core Viewpoint - The Central Financial Work Conference emphasizes the importance of focusing on five key areas: technology finance, green finance, inclusive finance, pension finance, and digital finance, highlighting the interconnected roles of technology and finance in supporting the real economy [1][2]. Group 1: Technology and Finance Integration - The conference theme "Technology Bridges, Finance Foundations" illustrates the relationship between technology and finance, where technology acts as a bridge to overcome development obstacles and connect innovative resources, while finance serves as a foundation to support the real economy [1]. - The continuous innovation in financial technology is evident from recent awards and applications, showcasing the vibrant development of technology within the financial sector [1]. Group 2: Promotion and Sharing of Financial Technology Achievements - Effective promotion and sharing of financial technology achievements will rely on authoritative channels and industry consensus, with a focus on leveraging professional financial media for deep reporting and case studies [2]. - Establishing a collaborative ecosystem for the effective transformation and sharing of financial technology results is crucial, particularly for small and medium-sized institutions, to reduce costs and foster a culture of collaboration [2]. Group 3: Serving the Real Economy - The value of financial technology achievements will increasingly be measured by their ability to meet the real needs of the economy, such as addressing financing challenges for tech enterprises and enhancing the accessibility of inclusive finance [2]. - The commitment to ensuring that technological innovations serve the core business and enhance service coverage, accessibility, and satisfaction is essential to prevent a disconnect from the real economy [2].

数智化转型是金融行业立足金融工作的政治性和人民性、加快推进金融强国建设、做好金融"五篇 大文章"的战略使命与核心任务。作为服务实体经济、助力乡村全面振兴的金融主力军，农业银行深刻 把握数智化发展时代趋势，将数智化转型作为推动业务流程重塑、实现高质量发展的必然选择，自2019 年启动数智化转型工作以来，探索形成数智驱动的企业级业务架构建设实践路径，以数智化赋能金融服 务质效全面提升。 金融行业数智化转型兼具复杂性与挑战性，既面临行业共性的转型难题，也受限于金融强监管的行 业属性，需在保障业务连续、运营安全、合规发展的前提下稳步推进。农业银行经深入调研分析，梳理 出转型过程中亟待破解的五个痛点：高质量数据供给不足、部分领域数据存在缺失；智能能力转化为业 务生产力的效率相对碎片化；业务"用数"需求日益增长但应用场景相对零散，体系化程度有待提升；数 据驱动银行业务流程升级的能力不足、人机协同的体系化运营模式尚未完全形成；支撑体系化转型的技 术平台、工艺标准、运营管控等基础能力亟待加强。同时，转型工作还面临三大约束：市场竞争日趋激 烈、产品开发迭代提速、业务连续稳定保障，这些都对转型提出了极高要求。 农业银行立足行业发 ...

为深入贯彻国家战略，在中国人民银行等部门的政策指导下，交通银行将科技金融作为业务特色与 发展方向，集成总行、分行及子公司力量，构建协同服务体系。 据悉，交通银行的集团一体化科技金融服务体系建设于2022年8月启动，目标为"1+3+N"。"1"指建 立全集团一体化协同机制，发挥全牌照优势，形成母子公司协同工作机制；"3"指塑造三大核心优势， 即打造覆盖企业全生命周期的"交银科创"品牌和"4+3"产品服务体系、构建"1+N"科技型企业评价模 型、推出交通银行特色主动授信模式；"N"指基于智能体技术，形成适配科技型企业的"千人千面"营销 方案。2023年，交通银行正式发布"交银科创"品牌；2024年，"1+N"科技型企业评价模型上线，随后整 套模式在全行范围内开始推广。 在技术架构与业务功能层面，该体系以数据中台为基础，整合风控、运营、营销三大业务中台能 力，构建客户画像、行业分析等800多个模型指标，融合人工智能、区块链、隐私计算等技术，形成四 大产品体系与三大场景生态，为科技型企业提供一站式综合金融服务方案。在部署方面，该行基于云平 台与微服务架构，实现同城双活与异地灾备，并注重系统、网络、数据、AI应用及集团 ...