投顾周刊：多家公募机构发布2026年投资策略展望

Group 1 - China will become the first economy to pay interest on central bank digital currency, with the digital yuan framework set to launch on January 1, 2026, transitioning from "digital cash" to "digital deposit currency" [1] - The People's Bank of China will implement a reduction in the interest rates for existing housing loans starting January 1, 2026, with first-time home buyers seeing rates drop to 2.1% for loans under five years and 2.6% for loans over five years [1] - The 2026 national subsidy plan has been officially released, with 62.5 billion yuan allocated for consumer goods replacement and upgrades, including new categories like smart glasses and smart home products [2] Group 2 - A significant policy change in the real estate market will lower the value-added tax on the sale of homes held for less than two years from 5% to 3%, effective January 1, 2026, which is expected to increase transaction activity in the second-hand housing market [3] - Multiple public fund institutions have released optimistic investment strategies for 2026, highlighting technology as a key investment theme, with expectations for improved overall corporate performance [2] - Silver has emerged as a standout asset in 2025, with a cumulative increase of approximately 147%, significantly outperforming gold, and analysts expect the factors supporting silver prices to remain relevant in 2026 [3]