1月26日，A股市场震荡，顺周期板块强势，截至15:00，银行ETF汇添富（512820）逆势收涨0.37%，终结三连阴，资金持续涌入高股息的银行板块，银行 ETF汇添富（512820）已连续12日吸金超1.3亿元。 | 1分 5分 15分 = | 综合屏 F9 前复权 超级叠加 画线 工具 Q 2 » | 银行ETF汇添 | 1.350 +0.005 +0.37% | 【银行ETF汇添富】2026/01/26 收1.350 幅0.37%(0.005) 开1.343 高1.360 低1.338 四 | 512 | | | | | | | | | | | | | | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | | 7J MA120 1.447J MA250 1.4191 | 2024/11/25-2026/01/26(286日)▼ | SSE CNY 15:00:15 闭市 查看L2全图 | -1.610 | 交生 | -6.70% 120日 ...

| 代码 | 名称 | 主力净流入 (元) | | 主力净占比 游资净流入 (元) | | 游资净占比 散户净流入 (元) | | 散户净占比 | | --- | --- | --- | --- | --- | --- | --- | --- | --- | | 601398 工商银行 | | | 4.72亿 | 14.30% | -2.61亿 | -7.91% | -2.11亿 | -6.39% | | 601988 中国银行 | | | 3.09亿 | 15.30% | -1.13亿 | -5.58% | -1.96 Z | -9.72% | | 601288 农业银行 | | | 2.80亿 | 6.45% | -6552.67万 | -1.51% | -2.14 Z- | -4.94% | | 601328 交通银行 | | | 2.75亿 | 15.97% | -1.16亿 | -6.74% | -1.59亿 | -9.22% | | 601658 邮储银行 | | | 1.14亿 | 12.58% | -1129.97万 | -1.25% | -1.03亿 | -11.33% | | 601939 ...

Core Viewpoint - The Agricultural Bank of China announced new risk assessment requirements for individual customers participating in the Gold Accumulation Program, effective January 30, 2026 [1] Group 1: New Requirements - Individual customers must complete a unified risk assessment questionnaire when applying for the Gold Accumulation Program, which includes signing, purchasing, and regular investment activities [1] - Customers must achieve at least a "cautious" risk tolerance level in their assessment results to qualify for participation [1] - Existing customers with valid risk assessment results do not need to retake the assessment [1] Group 2: Impact on Existing Customers - Customers who have already signed up for the Gold Accumulation Program are not restricted by the new risk assessment requirements when selling, withdrawing, or executing their investment plans [1] - The bank emphasizes the importance of risk awareness and encourages customers to consider their financial situation and risk tolerance when engaging in the Gold Accumulation Program [1]

Core Viewpoint - Zhongyin International maintains an "overweight" rating on the H-share segment of the domestic banking sector, highlighting the attractiveness of valuations, particularly for Industrial and Commercial Bank of China (ICBC) [1] Group 1: Recommendations - The report recommends buying shares of Agricultural Bank of China, China Merchants Bank, China Construction Bank, Postal Savings Bank of China, and China Everbright Bank in addition to ICBC [1] Group 2: Market Outlook - It is predicted that over 50 trillion yuan of long-term fixed deposits will mature by 2026, which is expected to create a window for repricing bank liabilities, significantly alleviating the downward pressure on net interest margins that has troubled the industry in recent years [1]

公告明确，自2026年1月30日起，个人客户办理存金通黄金积存业务（包括存金通1号、2号）签约、买 入、定投3类业务时，需在业务申请办理渠道，按该行统一的风险测评问卷进行风险承受能力评估、取 得谨慎型及以上的评估结果，已有前述评估结果且在有效期内的无需重测。对于已签约客户的卖出、提 货，有效期内定投计划的执行和终止，以及解约等操作，不受上述条件的限制。农业银行表示，建议客 户提高风险防范意识，基于自身财务状况和风险承受能力理性办理存金通黄金积存业务。 北京商报讯（记者 孟凡霞 周义力）1月26日，农业银行发布公告，为落实监管要求，进一步保护金融消 费者权益，该行将对个人客户参与存金通黄金积存交易增加风险承受能力测评准入。 ...

南方财经1月26日电，中国农业银行发布公告，自2026年1月30日起，个人客户办理存金通黄金积存业务 (包括存金通1号、2号)签约、买入、定投3类业务时，需在业务申请办理渠道，按我行统一的风险测评 问卷进行风险承受能力评估、取得谨慎型及以上的评估结果，已有前述评估结果且在有效期内的无需重 测。已签约客户的卖出、提货，有效期内定投计划的执行和终止，以及解约等操作，不受上述条件的限 制。 ...

近年来，随着家庭园艺市场持续升温，尤其以大花蕙兰和小型蕙兰为代表的年宵花备受青睐。"兰花造 型美、花期长、养护简便，已成为市场宠儿。所以在销售旺季来临前，我们想扩大种植规模，改造升级 下智能温室的花期调控系统，为2026年开个好头。"李晓敏坦言，但岁末年初的资金周转压力，一度成 为扩大规模的"拦路虎"。 农业银行常州武进支行在走访中了解到企业的实际困难，客户经理深入温室实地调研，详细了解不同花 卉品种的特性和销售情况。结合农业科技企业的经营特点与年宵花生产的季节性需求，农行常州分行为 其精准匹配"关键人"贷款产品，通过简化流程、压缩时限，仅用3个工作日就完成从资料收集到贷款发 放的全流程，成功为企业投放300万元经营性贷款。 （来源：新华日报） □ 常农煊 当金融年味与花香交融，农业银行常州分行以精准服务为笔，描绘着现代农业的新画卷。新年临近，花 市率先热闹起来。走进常州市武进区祝庄园艺的智能温室，冬日的阳光透过阳光板，洒满整齐排列的花 丛。色彩鲜亮、寓意吉祥的各类年宵花正竞相绽放——殷红似火的红掌、清雅脱俗的大花蕙兰、姿态缤 纷的蝴蝶兰……一派姹紫嫣红，洋溢着浓浓的喜庆氛围。 "现在的花苗生活条件也好了，都 ...

Group 1: Gold Market Dynamics - International gold prices are experiencing fluctuations, leading to adjustments in domestic high-end jewelry brand prices, with Chow Tai Fook quoting 1455 CNY/gram, Lao Feng Xiang at 1456 CNY/gram, and others around 1453 CNY/gram for gold [1] - Platinum prices remain high at around 940 CNY/gram, while discounts on gold jewelry are increasing, reflecting a cautious consumer sentiment and a relatively quiet market [1] Group 2: RMB Gold Prices - The Shanghai Gold Exchange reports the RMB-denominated gold spot price at 1047.60 CNY/gram, a slight increase of 2.33 CNY or 0.223% from the previous day, with a trading range between 1042.74 CNY and 1048.50 CNY [6] - Retail prices for gold jewelry or bars are higher than the exchange prices due to additional costs such as design and processing, influenced by international market fluctuations, exchange rates, and domestic supply and demand [6] Group 3: Financial Institutions Gold Bar Prices - Various financial institutions have set their gold bar prices, with China Construction Bank at 1050.74 CNY/gram, Industrial and Commercial Bank at 1050.58 CNY/gram, and others ranging from 1049.2 CNY to 1096.5 CNY per gram [7][8][9][10][11][12][13] Group 4: Wholesale and Retail Price Differences - The wholesale price for gold in Shui Bei is approximately 1203 CNY/gram, with significant price differences compared to retail prices, which can be attributed to store rent, operational costs, and brand premiums [14] - The pricing structure for jewelry includes "gold value + processing fee + brand premium," indicating a need for consumers to be aware of the price alignment with base gold prices when investing [14] Group 5: Domestic Gold Price Trends and Market Analysis - Current gold prices are reported at 1047.00 CNY/gram, with a slight increase of 0.11%, while platinum prices are at 606.79 CNY/gram, reflecting a 0.72% increase [15] - Despite rising gold prices, consumer purchasing enthusiasm is declining, with a reported 7.95% year-on-year decrease in gold consumption and a 32.50% drop in gold jewelry consumption in the first three quarters of 2025 [15] Group 6: Retail Strategies and Market Outlook - Brands are adopting strategies like trade-in programs to lower consumer purchase barriers, while research indicates that retailers need to enhance profit margins per gram of gold jewelry and optimize product offerings [16] - The technical structure of gold prices remains in an upward channel, but with weakening momentum, influenced by a strong dollar and rising real interest rates, which increase the opportunity cost of holding gold [17]

证券研究报告·固定收益·固收点评 固收点评 20260125 二级资本债周度数据跟踪 （20260119-20260123） [Table_Tag] [Table_Summary] 观点 ◼ 一级市场发行情况： 本周（20260119-20260123）银行间市场及交易所市场无新发行二级资本 债。 ◼ 二级市场成交情况： 本周（20260119-20260123）二级资本债周成交量合计约 3342 亿元，较 上周增加 691 亿元，成交量前三个券分别为 25 中行二级资本债 02BC （443.52 亿元）、25 广发银行二级资本债 01BC（219.80 亿元）和 25 中 行二级资本债 03A（BC）（77.53 亿元）。 分发行主体地域来看，成交量前三为广东省、山西省和山东省，分别约 为 2521 亿元、299 亿元和 147 亿元。 从到期收益率角度来看，截至 1 月 23 日，5Y 二级资本债中评级 AAA-、 AA+、AA 级到期收益率较上周涨跌幅分别为：-2.18BP、-2.84BP、- 3.84BP；7Y 二级资本债中评级 AAA-、AA+、AA 级到期收益率较上周 涨跌幅分别为：-2.72B ...

Group 1: Gold Price Surge - The price of gold has surged significantly, with spot gold reaching $4981.309 per ounce, approaching the $5000 mark [1] - Domestic gold prices have also increased, with several brands of gold jewelry exceeding 1500 yuan per gram, and some reaching 1548 yuan, marking a daily increase of over 50 yuan [3] Group 2: Demand for Bank Safe Deposit Boxes - The demand for bank safe deposit boxes has skyrocketed, with many banks reporting that all available boxes are rented out, leading to waiting lists for new customers [7][9] - In Hangzhou, major banks have completely rented out their safe deposit boxes, and new customers must wait for existing customers to return their boxes before they can rent one [8] - The surge in demand for safe deposit boxes is attributed to the increasing need for secure storage of high-value items like gold bars, particularly among high-net-worth individuals in major cities [9]