Core Viewpoint - The A-share market has shown strong performance at the beginning of 2026, with significant increases in major indices and record trading volumes, driven by multiple favorable factors [2][3]. Group 1: Market Performance - As of January 12, 2026, the Shanghai Composite Index has risen by 4.9%, marking 17 consecutive days of gains since the end of 2025, outperforming major global markets [2]. - The total trading volume on January 12 reached 3.64 trillion yuan, setting a new historical high [2]. - The ChiNext Index and the STAR Market have seen increases of 5.8% and 12.5% respectively since the beginning of the year [2]. Group 2: Supporting Factors for Market Growth - Investor sentiment for 2026, particularly in the first half, is optimistic, leading to early capital allocation [3]. - Recent events in the technology sector, such as the launch of commercial satellites and advancements in AI applications, have catalyzed interest and investment [3]. - Anticipation of positive earnings forecasts from A-share companies at the end of January, particularly benefiting small and mid-cap stocks, has contributed to market optimism [3]. - The trend of residents reallocating deposits continues, creating a positive feedback loop with market performance [3]. - The recent appreciation of the RMB, reaching 6.96, has also supported market sentiment [3]. Group 3: Short-term Market Considerations - The rapid increase in market performance and trading volume necessitates caution regarding potential short-term volatility [4]. - The turnover rate based on free float market capitalization reached 6.7%, the highest since August of the previous year, indicating heightened investor sentiment [4]. - Historical data suggests that turnover rates exceeding 5% often correlate with increased market volatility, warranting close attention to market dynamics [4]. Group 4: Mid-term Outlook - The company maintains a positive outlook for the A-share market's upward trend, driven by the reconfiguration of international order and China's industrial innovation [5]. - The ongoing changes in global monetary order and capital flows are expected to have a more significant impact than short-term domestic fundamentals [5]. - Recent geopolitical developments and the evolving China-U.S. trade relationship are anticipated to further support the restructuring of monetary order [5]. - Continuous advancements in AI technology and related industries are expected to drive growth and asset revaluation in China [5]. Group 5: Investment Recommendations - Focus areas include AI technology, which is entering an application phase, with opportunities in computing power, optical modules, and cloud infrastructure [6]. - Companies involved in overseas expansion, particularly in sectors like home appliances, engineering machinery, and gaming, are recommended due to their growth potential [6]. - Attention should also be given to cyclical sectors that are nearing improvement points, such as chemicals and renewable energy [6]. - Long-term investment in high-dividend companies is advised, considering the trend of institutional capital entering the market [6]. - Sectors expected to show strong performance in annual reports include gold, TMT benefiting from AI, and non-bank financials [6].

Group 1 - The core viewpoint of the article is that Haida International has submitted a listing application to the Hong Kong Stock Exchange, with joint sponsors including JPMorgan, CICC, and GF Securities [1] - Haida International is a technology-driven global agricultural company that provides comprehensive solutions for the entire value chain of the livestock industry, primarily based on its feed business [1] - The company's key markets cover Asia (excluding East Asia), Africa, and Latin America [1] Group 2 - According to Frost & Sullivan data, Haida International is projected to be the second-largest aquaculture feed supplier in Asia (excluding East Asia) in 2024, with a production volume of 1 million tons [1] - The company is also the third-largest feed supplier in Vietnam, with a feed product output of 1.7 million tons [1]

| 股份代號: | 03908 | | --- | --- | | 上市法國名稱: | 中國國際金融股份有限公司 - H股 | | 日期 (日 / 月 / 年): | 13/12/2025 - 13/01/2026 | | 表格序號 | 大股東/董事/最高行政人員名稱 作出披露的 買入 / 賣出或涉及的股 每股的平均價 | | | | 持有權益的股份數目 佔已發行的 有關事件的 | | | --- | --- | --- | --- | --- | --- | --- | | | 份數目 | 月因 | | | ( 請參閱上述 * 註解 ) 有投票權股 (日 / 月 / 4 | | | | | | | | 份自分比 | | | | | | | | (%) | | | CS20260111E00009 | 易方达基金管理有限公司 | 1201(L) | 5,434,000(L) | HKD 22.8139 | 189.405,600(L) | 9.95(L)07/01/2026 | 格隆汇1月13日丨根据联交所最新权益披露资料显示，2026年1月7日，中金公司(03908.HK)遭易方达基金管理有限公司在场内以每 ...

中金公司（601995）(03908)公布，"23中金G2"将于2026年1月17日派付自2025年1月17日至2026年1月16 日期间的利息，票面利率为3.18%，每手债券面值1000元派息31.8元(含税)。 ...

本期债券简称"24中金C1"，本期债券票面利率(计息年利率)为2.87%,每手本期债券面值为1000元,派发利 息为28.70元(含税)。 智通财经APP讯，中金公司(03908)发布公告，中国国际金融股份有限公司2024年面向专业机构投资者公 开发行次级债券(第一期)(品种一)(本期债券)将于2026年1月19日派付2025年1月18日至2026年1月17日期 间的利息。 ...

本期债券简称"24中金C1"，本期债券票面利率(计息年利率)为2.87%,每手本期债券面值为1000元,派发利 息为28.70元(含税)。 中金公司（601995）(03908)发布公告，中国国际金融股份有限公司2024年面向专业机构投资者公开发 行次级债券(第一期)(品种一)(本期债券)将于2026年1月19日派付2025年1月18日至2026年1月17日期间的 利息。 ...

Group 1 - The core point of the article is that China International Capital Corporation (CICC) has been approved to issue perpetual subordinated bonds up to RMB 20 billion, targeting professional investors [1] - The specific issuance under this approval is for a maximum of RMB 3 billion, with a face value of RMB 100 per bond, and will be conducted through a pricing inquiry and allocation method for professional investors [1] - The bond issuance was completed on January 12, 2026, with a final issuance size of RMB 3 billion, a coupon rate of 2.38%, and a subscription multiple of 2.10 times [1]

智通财经APP讯，中金公司(03908)发布公告，中国国际金融股份有限公司2024年面向专业机构投资者公 开发行次级债券(第一期)(品种二)，简称"24中金C2"，将于2026年1月19日付息。本期债券票面利率(计 息年利率)为3.05%，每手本期债券面值为1000.00元，派发利息为30.50元(含税)。 ...

中金公司（601995）(03908)发布公告，中国国际金融股份有限公司2024年面向专业机构投资者公开发 行次级债券(第一期)(品种二)，简称"24中金C2"，将于2026年1月19日付息。本期债券票面利率(计息年 利率)为3.05%，每手本期债券面值为1000.00元，派发利息为30.50元(含税)。 ...

香港交易及結算所有限公司及香港聯合交易所有限公司對本公告的內容概不負責，對其 準確性或完整性亦不發表任何聲明，並明確表示，概不對因本公告全部或任何部份內容 而產生或因倚賴該等內容而引致的任何損失承擔任何責任。 China International Capital Corporation Limited 中 國 國 際 金 融 股 份 有 限 公 司 （於中華人民共和國註冊成立的股份有限公司） （股份代號：03908） 海外監管公告 本公告乃根據香港聯合交易所有限公司證券上市規則第13.10B條而作出。 茲載列中國國際金融股份有限公司（「本公司」）在上海證券交易所網站刊登的本公司2026 年面向專業投資者公開發行永續次級債券（第一期）發行結果公告，僅供參閱。 承董事會命 中國國際金融股份有限公司 董事會秘書 孫男 中國，北京 2026年1月12日 於本公告日期，本公司執行董事為陳亮先生及王曙光先生；非執行董事為張薇女士、 孔令岩先生及田汀女士；以及獨立非執行董事為吳港平先生、陸正飛先生、彼得 • 諾蘭先 生及周禹先生。 中国国际金融股份有限公司 2026 年面向专业投资者公开发行永 续次级债券（第一期）发行结 ...