公告显示，2014年5月，招商银行无锡分行委托中山证券设立定向资产管理计划，并向作为管理人的中山证券发出《投资指令》，要求投资以下资产：投资 内容——平安银行深圳分行作为受托人的委托贷款，投资金额为3.5亿元，投资期限为2014年5月30日至2015年5月29日；授权委托中山证券代表招商银行无 锡分行与平安银行深圳分行、柳河聚鑫源米业有限公司（下称"柳河米业"）签订《委托贷款合同》；明确该投资系由招商银行无锡分行决策，投资安全及任 1月20日，锦龙股份发布公告称，控股子公司中山证券近日收到吉林省长春市中级人民法院《应诉通知书》（〔2026〕吉01民初7号），光大银行长春分行作 为原告，以招商银行无锡分行、中山证券、平安银行深圳分行、国民基金及朱东卫作为被告，就侵权责任纠纷向吉林省长春市中级人民法院提起诉讼。 何风险收益均由招商银行无锡分行负责。随后，中山证券根据相关约定，代表资产管理计划及其委托人通知平安银行深圳分行将委托贷款资金3.5亿元转入 借款人柳河米业账户。投资期限届满后，该笔委托贷款未能按约收回。 光大银行长春汽车厂支行员工张磊与柳河米业实控人刘孝义冒用光大银行长春分行名义于2014年5月与招商银行 ...

• 日本众议院正式解散，央行维持利率不变，承诺维护债市稳定 •全球金属市场狂欢， 黄金逼近5000美元，白银价格首次破百 • 公募基金业绩比较基准新规落地，薪酬与基准达标挂钩，设置一年过渡期 •控制67个账户操纵博士眼镜股价， 自然人余韩被证监会罚没超10亿元 • 周五A股放量上涨，资金涌入宽基ETF，沪深300系列ETF霸榜百亿成交 • TikTok官宣美国方案：成立数据安全合资公司，字节跳动保留算法知识产权并控股 1. 证监会正式发布公募基金业绩比较基准指引，中国基金业协会同步发布操作细则，自今年3月1日起施 行。新规重点从精准画像、全流程监管、与薪酬挂钩和信息透明等4个方面发力，直指"基准模糊""风格 漂移""基金盲盒"等行业痛点。新规明确了存量产品基准调整过渡期一年。 6. 三部门对外公示拟开展有奖发票试点城市名单，包括北京、上海、深圳、广州、南京、成都、重庆、 天津等50个城市入选。试点政策覆盖日常消费主要场景，如购物、外出就餐、旅游住宿、文体活动、生 活服务等。 7. 网信办等八部门发布《可能影响未成年人身心健康的网络信息分类办法》，将炫富拜金、非理性极 端"饭圈"、摆拍等突出问题纳入治理范围，对 ...

1. 证监会正式发布公募基金业绩比较基准指引，中国基金业协会同步发布操作细则，自今年3月1日起施行。 新规重点从精准画像、全流程监管、与薪酬 挂钩和信息透明等4个方面发力，直指"基准模糊""风格漂移""基金盲盒"等行业痛点。新规明确了存量产品基准调整过渡期一年。 2.证监会2026年首张罚单落地。证监会公布行政处罚决定书显示，自然人余韩控制使用67个账户操纵"博士眼镜"。 证监会决定，没收余韩违法所得5.11亿 元，并处以5.11亿元的罚款。同时，对余韩采取3年证券市场禁入措施以及3年证券市场禁止交易措施。 3. 白银价格继续高歌猛进，COMEX白银、现货白银先后历史性突破100美元/盎司大关，并站上103美元关口，年内累计涨幅已超40%，同期表现远超黄 金。 与此同时，黄金价格继续向5000美元发起冲击，COMEX黄金期货一度涨至4991美元/盎司。 1. 国家主席习近平同巴西总统卢拉通电话。 习近平强调，当前国际形势动荡不安，中国和巴西为全球南方重要成员，应当坚定站在历史正确一边，更好 捍卫两国和全球南方共同利益，共同维护联合国核心地位和国际公平正义。 1. 周五A股震荡攀升，上证指数涨0.33%报413 ...

Group 1 - US stock market showed mixed results with Nasdaq and S&P slightly up while Dow Jones declined, Intel's stock plummeted by 17% due to poor earnings guidance, while Nvidia and other chip stocks provided support [1] - The dollar index continued to weaken, and gold futures reached an all-time high, with silver breaking the $100 mark for the first time, driven by severe weather that caused US natural gas prices to surge by 70% in a week [1] - European countries hold approximately $3.6 trillion in US Treasury bonds, representing 40% of the overseas total, which could be used as leverage against the US amid tariff pressures, although coordinated selling may lead to significant losses [2][19] Group 2 - Japanese Prime Minister Fumio Kishida's tax cut promises have raised market concerns, leading to a massive sell-off of Japanese government bonds, causing long-term bond yields to soar to multi-year highs [3][20] - The US oil service giant SLB stated it could quickly expand operations in Venezuela if permitted, being the only international oil service company currently operating there, with competitors like Halliburton also looking to re-enter the market [4][21] - Canadian billionaire Eric Sprott has significantly profited from investing in the struggling Hycroft Mining Company, with a return on investment of 678%, capitalizing on the bull market for gold and silver [5][22] Group 3 - Silver prices have historically surpassed $100 per ounce, with a year-to-date increase of 40%, driven by strong industrial demand and ongoing structural supply shortages [6][23] - Economists have revised their expectations, indicating that the Federal Reserve may delay interest rate cuts until June, with inflation pressures and a robust labor market reducing the urgency for rate reductions [7][24] - Nomura's chief economist suggested gradually increasing farmers' pensions to 1,000 yuan per month, which could significantly improve rural elderly income expectations and stimulate consumption [8][25] Group 4 - The A-share market saw a surge in the photovoltaic sector, with major investment from well-known funds in commercial aerospace and semiconductor industries, indicating a strong institutional interest [10][26] - Musk's support for space-based solar power has led to a significant rally in photovoltaic stocks, with over 30 stocks hitting the daily limit up, although the industry still faces substantial technical and cost challenges [11][28] - China Merchants Bank has become the first bank to surpass 13 trillion yuan in total assets, indicating a potential turning point in its financial performance, while other banks also reached significant asset milestones [12][29]

华见早安之声 请各位听众升级为见闻最新版APP，以便成功收听以下音频。 市场概述 投资者等待下周美联储会议和大型科技公司财报。美股主要股指涨跌互现。道指跌0.6%，标普基本持 平，本周累计跌0.42%，去年6月以来首次两周连跌。科技七巨头涨超1%。英特尔绩后暴跌17%。苹果 跌0.12%，本周累计跌近4%、连续第八周下跌，创2022年5月以来最长连跌。 周五美债交投相对平淡，10年期美债收益率跌1个基点，2年期收益率持平。 美元重挫0.87%，创去年8月以来最大日跌幅。非美货币大涨，日元因市场传言日本当局可能干预而飙 升1.6%。 加密货币盘中反弹后回落，比特币和以太坊大体持平于周四尾盘。 贵金属继续飙升。现货黄金涨1%、逼近5000美元，本周累计涨超8%、创近六年来最大周涨幅。现货白 银周五盘中暴涨7%，首次突破100美元大关。美油涨超2%，报道称特朗普企图阻挠伊拉克出口石油。 亚洲时段，AH股震荡走高，商业航天、光伏大爆发，碳酸锂突破18万大关，沪银站上25000创历史新 高。 要闻 公募业绩基准新规落地：业绩长期低于基准，基金经理应降薪，设置一年过渡期。 金属狂欢掀高潮！白银首次破百、黄金逼近5000美 ...

Core Viewpoint - The implementation of the latest fiscal interest subsidy policy for personal consumption loans aims to boost consumption and expand domestic demand, with several major banks actively participating in this initiative [1][6][7][8][9]. Group 1: Policy Implementation - The fiscal interest subsidy policy for personal consumption loans has been extended until December 31, 2026, covering the period from September 1, 2025, to December 31, 2026 [6][10]. - The credit card installment payment subsidy policy will be effective from January 1, 2026, to December 31, 2026 [6]. Group 2: Policy Optimization - The policy has been optimized to include credit card installment payments, expanding the support range [9][11]. - The subsidy criteria have been broadened by removing the restriction on single transactions of 50,000 yuan and above [9][12]. - The subsidy standards have been improved by eliminating the 500 yuan cap on single transaction subsidies and the 1,000 yuan cap for individual borrowers at the same financial institution [9][12]. - Customers who have previously signed the personal consumption loan subsidy agreement will automatically benefit from the new subsidy policy starting January 1, 2026, without needing to re-sign the agreement [12].

登录新浪财经APP 搜索【信披】查看更多考评等级 ■ 招商银行股份有限公司2025年度业绩快报公告 本公司董事会及全体董事保证本公告内容不存在任何虚假记载、误导性陈述或者重大遗漏，并对其内容 的真实性、准确性和完整性承担法律责任。 本公告所载2025年度主要财务数据为招商银行股份有限公司（简称本公司或本行）初步核算的集团口径 数据，未经会计师事务所审计，具体数据以本公司最终披露的2025年度报告财务数据为准，请投资者注 意投资风险。 一、主要财务数据和指标 ■ 注： 1. 基本每股收益和加权平均净资产收益率根据《公开发行证券的公司信息披露编报规则第9号一一净资 产收益率和每股收益的计算及披露》计算。本公司在计算基本每股收益和加权平均净资产收益率 时，"归属于本行股东的净利润"扣除了当期优先股股息和永续债利息，"加权平均净资产"扣除了优先股 和永续债。 2. 此处金融工具项目的余额未包含应计利息。 3. 归属于本行普通股股东的每股净资产按扣除优先股和永续债后的归属于本行普通股股东的权益除以期 末普通股股本总数计算。 4. 拨备覆盖率=贷款损失准备／不良贷款余额。 5. 贷款拨备率=贷款损失准备／贷款和垫款总额。 ...

Core Viewpoint - The article provides the latest prices for gold, 24K gold, and bank gold bars in China as of January 22, 2026, highlighting the importance of these assets in the fluctuating financial market [1]. Group 1: Gold and 24K Gold Prices - The price of gold 9995 is reported at 1086.00 CNY per gram, with a 10-gram price of 10860 CNY [5]. - The price of gold 9999 is reported at 1081.57 CNY per gram, with a 10-gram price of 10815.7 CNY [6]. - The price of 24K gold (千足金9999) is reported at 1087.90 CNY per gram, with a 10-gram price of 10879 CNY [7]. Group 2: Bank Gold Bar Prices - The price of the Industrial and Commercial Bank of China (ICBC) gold bar is 1112.03 CNY per gram, with a 10-gram price of 11120.3 CNY [9]. - The price of the China Merchants Bank gold bar is 1111.22 CNY per gram [10]. - The price of the Agricultural Bank of China gold bar is 1109.35 CNY per gram, with a 10-gram price of 11093.5 CNY [11]. - The price of the Postal Savings Bank of China gold bar is 1104.35 CNY per gram [12]. - The price of the Bank of China investment gold bar is 1093.47 CNY per gram, with a 10-gram price of 10934.7 CNY [13]. - The price of the CITIC Bank gold bar is 1096.50 CNY per gram [14]. - The price of the China Construction Bank Longding gold bar is 1096.30 CNY per gram, with a 10-gram price of 10963 CNY [15]. - The price of the Ping An Bank Harmony gold bar is not provided, but the 10-gram price is 11069 CNY [16].

Core Insights - Guangdong's cross-border RMB settlement volume reached a historic high in 2025, ranking among the top three provinces in China, with a year-on-year growth of 21.5%, accounting for over 50% of total cross-border receipts and payments [1][2] Group 1: Cross-Border RMB Settlement - In 2025, the cross-border RMB settlement scale in Guangdong exceeded 800 billion yuan, with "new foreign trade entities" accounting for over 90% of the total cross-border settlement volume [3][2] - The People's Bank of China (PBOC) in Guangdong implemented a "post-random inspection" model for cross-border RMB settlements for high-credit enterprises, significantly reducing processing time by 2 to 3 hours per transaction [3][2] Group 2: Financial Innovation and Trade Facilitation - The PBOC in Guangdong has enhanced the Free Trade Account system, with a total of 12,800 accounts opened by the end of 2025, representing a 2.2-fold increase in multi-functional accounts since the beginning of the year [5][6] - Guangdong's cross-border financial services have been optimized through institutional innovation, allowing enterprises to flexibly utilize both domestic and international markets [5][6] Group 3: Cross-Border Investment and Economic Growth - Guangdong's total cross-border receipts and payments reached 2.5 trillion USD in 2025, with a year-on-year growth of 7.2%, and a net inflow of 289.3 billion USD, up 23.4% [6][4] - The province saw the addition of 2,773 new pilot enterprises in cross-border trade and investment, a 1.7-fold increase year-on-year, with private and "specialized, refined, unique, and innovative" enterprises making up 71% and 21.5% respectively [6][4] Group 4: Regional Highlights - Shenzhen ranked third nationally in cross-border receipts and payments, with a total of 5.83 trillion yuan in RMB cross-border transactions, maintaining its position as the primary currency for cross-border settlements between Shenzhen and Hong Kong [7][6]

Group 1: Currency Exchange and Economic Predictions - The offshore RMB/USD exchange rate is expected to rise above 7.0 by the end of 2025, marking a 14-month high, influenced by the onset of the Federal Reserve's interest rate cuts and global capital flow shifts [1] - Economist Huang Qifan predicts that the RMB will appreciate to around 6.0 against the USD over the next decade, supported by China's industrial value added accounting for 32% of the global economy [1] Group 2: Federal Reserve Policy and Capital Flows - The Federal Reserve is projected to cut interest rates by a total of 200 basis points by the end of 2025, bringing the federal funds rate to a range of 4.00-4.25% [3] - The USD index is expected to decline from 105 to below 95, prompting investors to reassess global asset allocations [3] - By the second half of 2025, Chinese companies are anticipated to sell off $800 billion in USD assets, primarily investing in technology sectors such as semiconductors and renewable energy [3] Group 3: Impact on Import and Export Sectors - The appreciation of the RMB is expected to benefit import enterprises, with China's oil import costs projected to decrease by approximately 5% due to exchange rate factors, saving over $1 billion for petrochemical companies [4] - Conversely, the export sector faces challenges, with a projected 5% decline in exports to the US, leading to reduced orders for textile companies [6] Group 4: Cross-Border Capital Flows and Payment Systems - By 2025, northbound capital inflows are expected to exceed 150 billion RMB, doubling from 2024, with significant investments in high-dividend assets [6] - The CIPS cross-border payment system is projected to handle 12% of SWIFT's transaction volume, with RMB payments accounting for 30%, facilitating capital repatriation [6] Group 5: Global Currency Dynamics - The RMB's weight in the IMF's SDR basket is expected to rise to 12.28% by 2025, with countries like Iran and Saudi Arabia beginning to use RMB for oil trade settlements [6] - Criticism of the US for misusing dollar hegemony is growing, particularly as its budget deficit reaches 6% of GDP while continuing to lower interest rates [6] Group 6: Economic Structure and Trade Dynamics - China's export of new energy vehicles is projected to reach $120 billion by 2025, a sevenfold increase since 2019, while integrated circuit exports are expected to rise from $100 billion to $150 billion [10] - The US's attempts to reverse trade deficits through tariffs have resulted in an overall widening of its trade deficit [10]