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分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。 （於中華人民共和國註冊成立的股份有限公司） （股份代號：6066） 海外監管公告 本 公 告 乃 中 信 建 投 証 券 股 份 有 限 公 司（「本公司」）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 本 公 司 於 上 海 證 券 交 易 所 網 站 刊 發 之《中 信 建 投 証 券 股 份 有 限 公 司關於間接全資附屬公司根據中期票據計劃進行發行並由全資子公司 提 供 擔 保 的 公 告》，僅 供 參 閱。 承董事會命 中信建投証券股份有限公司 董事長 劉 成 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。 重要内容提示： 担保对象及基本情况 中國北京 2026年2月3日 於 本 公 告 ...

（文章来源：每日经济新闻） 从指数形态来看，科创半导体ETF（588170）今日高开后窄幅震荡，午后持续走强，最终收盘价站稳30 日均线之上，形成初步的短期企稳信号。另一方面，今日成交量略低于前几个交易日，表明经历几日回 调，资金偏谨慎。若后续能配合基本面利好或板块轮动催化，有望进一步企稳回升。 中信建投指出，AI驱动的逻辑、存储扩产需求持续向上。从国内fab扩产角度来看，先进逻辑缺口较 大，自主可控背景下，看好后续先进逻辑扩产加速；存储大周期向上，两存大幅扩产确定性强，弹性值 得期待。同时看好国内先进封装后续放量。 2月3日，市场迎来反弹修复，沪指、创业板指均涨超1%，深成指涨超2%。从板块来看，商业航天概念 爆发，太空光伏概念持续走强，化工板块表现活跃，贵金属概念探底回升，AI应用概念反复活跃。 ETF 方面，科创半导体ETF（588170）上涨3.40%，最新价报1.76元；半导体设备ETF华夏（562590）上 涨3.38%，最新价报1.9元。 从资金净流入方面来看，科创半导体ETF近4天获得连续资金净流入，最高单日获得3.43亿元净流入， 合计"吸金"6.16亿元，日均净流入达1.54亿元；半导体设 ...

Core Viewpoint - Keshou Pharmaceutical Co., Ltd. is preparing for an IPO on the Beijing Stock Exchange, focusing on innovative small molecule drugs for cancer treatment, with a significant emphasis on the MAPK signaling pathway [2] Group 1: Company Overview - Keshou Pharmaceutical was established in 2014 and specializes in the research and development of innovative drugs for cancer treatment, having entered the commercialization phase [2] - The company's research pipeline includes important indications such as melanoma, non-small cell lung cancer, colorectal cancer, neurofibromatosis type 1, and radiotherapy protection [2] Group 2: Financial Performance - The projected operating revenues for Keshou Pharmaceutical from 2022 to the first half of 2025 are as follows: 3.42 million, 2.25 million, 17.48 million, and 22.87 million yuan respectively [2] - The net losses for the same periods are projected to be 125 million, 71.4 million, 110 million, and 182 million yuan respectively [2] Group 3: Shareholding Structure - HONGQI TIAN directly holds 17.05% of the company's shares and is the controlling shareholder, with an additional 6.72% held through Shanghai Changxue, totaling 23.77% [2] - The company's shareholding is relatively dispersed, with Decheng Ke Chow holding over 10% and connections among several shareholders [3] Group 4: Regulatory Requirements - The Beijing Stock Exchange has requested Keshou Pharmaceutical to clarify the basis for identifying the actual controller, considering the company's articles of association, shareholder meeting attendance, and management background [5] - The company is also required to explain the implications of a low shareholding percentage of the actual controller on control stability and governance effectiveness [5]

Core Viewpoint - The public fund industry in China is set to undergo significant institutional changes aimed at promoting high-quality development through revised information disclosure standards [1][2][7] Group 1: Key Revisions in Disclosure Standards - The China Securities Regulatory Commission (CSRC) has released a draft for public consultation regarding the revised "Guidelines for Information Disclosure of Publicly Offered Securities Investment Funds" [1][2] - The new guidelines consolidate existing disclosure requirements for annual, semi-annual, and quarterly reports into a single normative document, enhancing clarity and reducing redundancy [2][3] - The revisions aim to simplify and adjust certain disclosure requirements based on higher regulations and industry practices, drawing from experiences in mature foreign markets [1][2][3] Group 2: Focus on Investor-Centric Disclosure - The revised standards emphasize an "investor-centric" approach, requiring funds to disclose long-term performance metrics over 7 and 10 years, while eliminating short-term performance data from the past month [4][5] - This shift encourages a focus on long-term investment and value investment principles, aiming to cultivate a more rational investment culture among investors [5][6] Group 3: Enhancing Stability in Investment Behavior - The new guidelines mandate the disclosure of stock turnover rates in annual reports, addressing concerns over high turnover rates that contradict long-term investment principles [6][7] - This requirement is intended to promote more prudent investment practices among fund managers and enhance the stability of investment behaviors within the industry [6][7] Group 4: Overall Impact on the Industry - The integration and revision of disclosure rules are seen as a crucial step towards high-quality development in the public fund sector, reducing the complexity and execution friction associated with fragmented regulations [7] - By establishing targeted and tiered disclosure requirements based on the different functions of various reports, the revisions aim to improve the relevance and readability of disclosed information [7]

Market Performance - The three major indices opened higher, with the Shanghai Composite Index up by 0.70%, the Shenzhen Component Index up by 1.18%, and the ChiNext Index up by 1.65% [1] - The Shanghai Composite Index closed at 4043.91 points, the Shenzhen Component Index at 13986.89 points, and the ChiNext Index at 3318.06 points, reflecting increases in trading volume and market capitalization [2] External Market - The US stock market showed stable performance amid a calming sell-off in precious metals and cryptocurrencies, with the S&P 500 up by 0.54%, the Nasdaq Composite up by 0.56%, and the Dow Jones Industrial Average up by 1.05% [3] - Chinese concept stocks exhibited mixed results, with the Nasdaq Golden Dragon China Index down by 0.65%, and notable movements in individual stocks such as Alibaba down by 0.69% and Pinduoduo up by 2.38% [3] Industry Insights - CICC suggests capitalizing on the transformative potential of space photovoltaic technology within the commercial aerospace sector, emphasizing the importance of manufacturing industry developments [4] - CITIC Securities indicates that the white liquor sector is approaching a turning point, presenting a cyclical bottom configuration opportunity as various market factors align ahead of the Spring Festival [5] - Huatai Securities recommends focusing on stable high-dividend stocks with defensive attributes, as the high-dividend sector is expected to perform better amid increasing market volatility [6]

Group 1 - The issuer of the bond is China National Railway Group Co., Ltd., and the total issuance scale is 10 billion yuan for the "2026 Third Phase China Railway Construction Bond" [4][29] - The bond is divided into two types: a 10-year bond with a scale of 5 billion yuan and a 30-year bond with a scale of 5 billion yuan, totaling 10 billion yuan [21][29] - The bonds will be issued at a fixed interest rate, with the 10-year bond's interest rate being the Shibor benchmark rate plus a basic spread ranging from -0.3% to 0.7%, and the 30-year bond's interest rate ranging from 0.1% to 1.1% [21][29] Group 2 - The main underwriter for this bond issuance is Guotai Junan Securities Co., Ltd., which is responsible for managing the underwriting team and coordinating the issuance process [5][31] - The bonds will be publicly issued to institutional investors through a bidding system on the Shenzhen Stock Exchange [22][31] - The bonds will be registered and held by the Shenzhen branch of the China Securities Depository and Clearing Corporation and the Central Government Bond Registration and Clearing Co., Ltd. [24][30] Group 3 - The bonds will have a maturity date of February 5, 2036, for the 10-year bond and February 5, 2056, for the 30-year bond [27] - The bonds will be issued at par value of 100 yuan, with a minimum subscription unit of 10 million yuan [24][29] - The bonds will be guaranteed by the Railway Construction Fund, providing an irrevocable joint liability guarantee [29]

COMEX白银日K线图 "市场普遍预测贵金属价格周一会继续下跌，是因为在多头'踩踏'下，按在跌停板上平不掉的仓单，只 能在周一继续挂单平仓。"上述交易员进一步解释称。 然而，2月2日市场陷入"单边市"后，流动性急剧萎缩，这部分被动平仓盘也难以成交。 国泰君安期货市场分析师张驰宁称，2月2日，沪银跌停后成交量持续萎缩，仅在早盘开盘阶段出现千手 级别的成交，随后便迅速衰减，至当日午后，小时成交量已缩至仅一两百手，这反映出市场抛压沉重， 而投机性买盘几乎消失。 ◎记者 张骄 全球贵金属市场刚刚经历了"黑色星期五"，周一黄金、白银交易再掀巨浪。 2月2日，市场延续抛售行情，上演"过山车"走势。伦敦现货白银盘中一度翻红，随后急转直下，日内最 大跌幅超15%，抹平近一个月涨幅，随后跌幅收窄；伦敦现货黄金一度失守4500美元/盎司，日内最大 跌幅超10%，随后企稳回升，截至记者发稿时，收复4800美元/盎司关口。 有些声音将此次贵金属价格的"决堤"，归咎于美联储主席提名人选——偏鹰派的凯文·沃什。中信建投 期货贵金属首席分析师王彦青接受上海证券报记者采访时表示，提名事件更多是引发了短期情绪扰动， 而非实质性的影响。 此前， ...

Core Viewpoint - Wolffly Chang Kong has completed nearly 1 billion financing, marking the largest single financing in the low-altitude economy at the beginning of 2026, aimed at accelerating the certification of the AE200 series and establishing a global headquarters [2] Group 1: Company Overview - Wolffly Chang Kong Technology Development Co., Ltd. focuses on low-altitude operations and is a new aviation enterprise under Geely Technology Group, specializing in vertical take-off and landing, new energy power, and intelligent driving [2] - The company has successfully completed flight test verification for the 2.5-ton class tilt-rotor eVTOL, leading the nation in key technology breakthroughs and certification progress [2] Group 2: Financing and Strategic Partnerships - The recent financing round was led by CITIC Securities, with participation from various investment institutions, including Lianxin Capital and Xiangfeng Investment, among others [2] - Wolffly Chang Kong has established strategic partnerships with several companies, including "ICBC Financial Leasing" and "CITIC Heli," securing hundreds of aircraft orders for applications in passenger transport, tourism, and business travel [2] Group 3: Low-Altitude Economy and Material Innovation - The low-altitude economy relies on low-altitude airspace and promotes the integration of related fields, but eVTOLs face inherent disadvantages in payload and range compared to traditional aircraft due to the weight and volume of electric propulsion systems [4] - Modified nylon materials are expected to replace some metal materials in eVTOLs due to their lightweight, high strength, and excellent fatigue resistance, making them suitable for various components [4] Group 4: Upcoming Conference - DT New Materials will host the "2026 Advanced Nylon Industry Innovation and Application Development Conference" in Guangzhou on March 19-20, 2026, focusing on the latest advancements in nylon technology and applications [8][13] - The conference aims to gather industry leaders, experts, and end-users to explore high-quality development paths for the nylon industry, particularly in emerging applications like low-altitude vehicles and robotics [13][14]

截至收盘，国证机器人产业指数下跌1.9%，中证智能电动汽车指数下跌2.4%，中证消费电子主题指数下跌3.5%，中证物联网主题指数下跌4%，资金逆势布 局，机器人ETF易方达（159530）全天净申购达1000万份。 中信建投证券指出，展望2026年，全球流动性宽松格局进一步深化，国内金融市场政策红利持续增厚，个人投资者入市的动力正在增强，A股市场增量资金 有望覆盖更大基础。整体来看，支持牛市的核心逻辑预计仍将延续甚至强化。综合商业化场景分析，预计具身智能远期市场规模超过万亿，人形机器人板块 关注核心从主题投资到量产预期。 Hostell 易门公 ( 跟踪中证智能电动汽车指数 该指数聚焦的智能电动汽 车有望成为具身智能落地 �日 的代表性方向之一,覆盖 动力系统、感知系统、决 策系统、执行系统、通讯 系统、整车生产等产业链 环节。 -2.4% 消费电子ETF易方达 惯 跟踪中证消费电子主题指数 该指数聚焦的AI硬件是目前 主要的智能终端品类,由业 务涉及元器件生产、整机品 牌设计及生产等消费电子相 关公司股票组成。 �日 该指数涨跌 3.5% 物联网 ETF易 广 该指数涨跌 每日经济新闻 ...

除了宏观政策面的风向突变，交易层面的因素也放大了波动。在1月份价格飙升至历史高位的过程中， 黄金的相对强弱指数（RSI）等技术指标已进入严重超买区间，积累了巨大的获利了结压力。早期涌入 的投机资金与高杠杆交易盘在价格转向时集中平仓，引发了连锁式的技术性抛售。其中，白银因市场规 模相对较小、金融与工业属性交织且投机资金参与度更高，其价格波动较黄金更为剧烈。 针对后市走向，光大期货认为，贵金属价格剧烈调整是对前期极端超买与过度拥挤交易的一次"挤泡沫 和降杠杆"式的强制性清算，但支撑贵金属的长期核心变量（如美元信用体系重构、去美元化储备趋 势、地缘政治裂痕常态化）并未发生逆转，长期驱动逻辑依然完整。进入2月，市场将更加关注宏观、 政策信号与地缘事件驱动寻求贵金属的支撑点，波动率仍将维持高位，但各品种将走向分化。 从长周期来看，国联期货表示，贵金属整体趋势依然稳定。在全球秩序重构大势不可逆、地缘政治仍处 于高度不确定性、全球信用货币体系重构（美元信用松动）的长期宏观趋势背景下，黄金作为重要储备 资产，在避险、货币对冲及抗通胀的配置需求支持下，仍将维持强势格局。而白银在全球战略资产储备 需求升温、结构性供需缺口长期存在 ...