每经编辑｜程鹏 金价剧烈波动后，投资者心态正悄然生变。买卖两旺的现象重现金市，但投资主线已经转向"防风险"。 据中国证券报2月10日晚报道，2月10日虽然是工作日，但位于北京的菜百首饰总店依旧人头攒动。金价高位震荡下，大额套现频现，一位一次性卖出8公 斤金条的女士吸引了众人的目光。 "这8公斤金条是我这些年陆续买的。"王女士一边指着桌上的金条，一边翻动着手里的存单本，里面保存了她这些年来买的每一根金条的购买凭证、发 票、证书，整整齐齐，一目了然。但由于几十根金条要挨个拆开包装、称重、验金，工作人员花了一个多小时才办理好这笔业务。 投资者一次性出售数公斤黄金 图片来源：中国证券报 "这8公斤金条的回购价是1120元/克，扣除3.8元/克的手续费，一共套现近900万元。近期千万元级别套现的投资者每天都有，8公斤并不是最多的，他们大 多是前些年陆续购入的投资金条。前段时间金价持续上涨时，待价而沽的心态比较重，这几天金价高位震荡，出手的投资者明显多了。"菜百首饰工作人 员对记者表示。 一位正在排队的大爷告诉记者，自己每年都会买点金条，100克的、500克的都有，陆陆续续攒了十几公斤。虽然依旧看好金价长期走势，但为了控 ...

（来源：票风笔记） 一、银票承兑总体情况 根据qeubee对四大类银行中银票承兑余额前100名银行的统计，2026年1月末，排名靠前的100家银行银票承兑余额合计16.95万亿元，较 上年末减少2379亿元，较上年末下降1.4%，占全市场银票承兑余额的93%。股份制银行、国有大行、城商行为银票承兑的三大主力， 农商行占比相对偏低。 分银行类型来看，2026年1月，四大类银行中，国有大行是唯一银票承兑余额增长的银行类型，较上年末增长1.8%；其余三类银行皆为 负增长，股份制银行、城商行、农商行分别较上年末下降3.4%、2.1%、6.0%。 | qeubee | | 2026年1月四类型银行银票承兑余额变化 | 单位: 万亿元 | | --- | --- | --- | --- | | 银行类型 | 样本银行数量 | 银票承兑余额 | 较上年末变化 | | 国有大行 | 6 | 5.93 | 1.8% | | 股份制银行 | 12 | 6.68 | -3.4% | | 城商行 | 68 | 3.98 | -2.1% | | 衣商行 | 14 | 0.36 | -6.0% | | 合计 | 100 | 16.95 ...

Market Overview - The Hang Seng Index rose by 83.23 points, an increase of 0.31%, closing at 27,266.38 points with a total turnover of HKD 217.218 billion [1] - The National Enterprises Index increased by 25.43 points, closing at 9,268.18 points, a rise of 0.28% [1] - The Hang Seng Tech Index gained 48.96 points, closing at 5,499.99 points, reflecting a growth of 0.9% [1] Blue-Chip Stocks - Tencent Holdings decreased by 0.54%, closing at HKD 548 [1] - Hong Kong Exchanges and Clearing rose by 0.19%, closing at HKD 418 [1] - China Mobile increased by 0.06%, closing at HKD 78.45 [1] - HSBC Holdings fell by 0.36%, closing at HKD 139.8 [1] Local Hong Kong Stocks - Cheung Kong Holdings rose by 0.21%, closing at HKD 46.82 [1] - Sun Hung Kai Properties increased by 0.62%, closing at HKD 129.8 [1] - Henderson Land Development gained 0.49%, closing at HKD 32.96 [1] Chinese Financial Stocks - Bank of China remained unchanged, closing at HKD 4.72 [1] - China Construction Bank rose by 0.37%, closing at HKD 8.15 [1] - Industrial and Commercial Bank of China decreased by 0.15%, closing at HKD 6.56 [1] - Ping An Insurance fell by 1.29%, closing at HKD 72.5 [1] - China Life Insurance dropped by 3.94%, closing at HKD 34.12 [1] Oil and Petrochemical Stocks - Sinopec rose by 1.66%, closing at HKD 5.51 [1] - PetroChina increased by 0.75%, closing at HKD 9.38 [1] - CNOOC gained 0.65%, closing at HKD 24.8 [1]

2026年是"十五五"规划开局之年。1月末以来，银行密集召开2025年年度工作会议，在全面总结上年成 果的同时，深入分析当下形势，全面谋划新一年的工作重点。 截至目前，已有六大国有银行和近10家股份制银行召开了2025年度工作会议。从部署方向看，国有大行 主要聚焦于服务国家战略，股份行则更侧重结构调整和提质增效。 2025年以来，银行业净息差已现企稳迹象，多家银行营收增速转正。21世纪经济报道记者梳理发现，展 望2026年，银行普遍将发力点集中在强化风险管控、加强精细化管理、推进数智化转型等方面。不少机 构正在淡化规模目标，转而追求细分领域的深耕。 国有大行：全面加强风险防控 四大行的最新部署以服务国家战略为主线，积极对接"十五五"规划。但面对复杂环境，各银行均将风险 防控置于突出位置。 工商银行在2026年党建暨经营管理工作会议上，将"防风险"置于全年六项部署的首位。该行表示，推动 全面风险管理取得新进步，加快智能化风控平台进业务进场景，有效防控重点领域风险，确保各类风险 总体可控、资产质量基本稳定。对于2026年重点工作，要有效防范化解重点领域风险，加快推进产品客 户对位。突出主责主业，加大贷款投放、债券 ...

Core Insights - The People's Bank of China reported that by the end of Q4 2025, the balance of RMB loans from financial institutions reached 271.91 trillion yuan, marking a year-on-year growth of 6.4%, with an annual increase of 1.627 trillion yuan in RMB loans [1] - Local financial institutions are actively implementing a moderately loose monetary policy to support economic development, as evidenced by various regional financial operation briefings [1] Credit Support - In preparation for the upcoming Spring Festival, the Bank of Communications in Hebei Province launched a project loan for the lantern industry, providing a flexible credit line of over 47 million yuan to assist businesses in stocking up for the busy season [2] - The Gansu branch of the People's Bank of China reported a green loan balance of 469.5 billion yuan by the end of 2025, an increase of 51.4 billion yuan from the beginning of the year, with a year-on-year growth of 11.7% [3] - In Guangxi, financial institutions issued loans totaling 817.48 billion yuan to 585,400 small and micro enterprises, achieving full coverage of small business visits and loan issuance targets [3] - The total amount of re-loans for agriculture and small enterprises reached 155.96 billion yuan in 2025, an increase of 52.52 billion yuan year-on-year, supporting 18,000 market entities and creating over 260,000 jobs [3] Financing Costs - The average interest rate for newly issued corporate loans and personal housing loans was approximately 3.1% in December 2025, reflecting a decrease of 2.5 and 2.6 percentage points respectively since the second half of 2018 [4] Policy Measures - Since September 2024, the Shandong branch of the People's Bank of China has been a pilot for disclosing comprehensive financing costs for corporate loans, which has led to a significant reduction in financing costs [5] - Jiangsu Province reported that the balance of inclusive loans for small and micro enterprises exceeded 4 trillion yuan, with over 1.1 trillion yuan in loans provided to 1.065 million enterprises over the past three years [5] Supply and Demand Balance - By the end of Q4 2025, the balance of foreign currency industrial medium and long-term loans grew by 8.4%, while green loans in foreign currency increased by 20.2% [6] - The China Construction Bank initiated a series of consumer promotion activities for the upcoming Spring Festival, including various discounts and incentives to stimulate consumer demand [7] - The Industrial and Commercial Bank of China provided a 3 million yuan inclusive loan to a dental clinic in Beijing to help address its funding needs during a period of expansion [7] - The People's Bank of China plans to continue implementing a moderately loose monetary policy to align the growth of social financing and money supply with economic growth and price level expectations [7]

汽车消费领域构建了"购、展、用"的多元服务场景。开展汽车以旧换新，报废更新最高补2万元、置换 更新最高补1.5万元；2月1日至3月31日，新区统筹1500万元财政资金，开展汽车消费嘉年华活动，按车 价分档发放1500元至7000元不等新车购车补贴；工商银行同步推出"满200减50"加油优惠活动，精准对 接群众春节自驾返乡、节日出行的加油需求，助力群众舒心出行。元宵节期间，新区还将在郊野公园搭 建汽车展销场景，集聚消费人气，促进政策红利与市场热度叠加共振。 好游： 2月至3月，新区将举办第三届新春嘉年华，精心打造"5+N"文旅融合活动，涵盖公园年味节、奥特莱斯 商街、商务服务中心、雄安体育中心四大专场及三县嘉年华专场，配套推出小马巡游、寻环有禧市、非 遗打铁花等N场特色活动，打造沉浸式新春体验场景，让市民游客在互动游玩中深度感受浓厚的节日氛 围。 2月11日，雄安新区发布2026年春节期间"乐购新春"消费系列活动，诚邀新区居民和游客春节期间在雄 安赏美景、品年味、享福利。本次活动围绕"好吃、好住、好行、好游、好购、好玩"六大主题，发放消 费券、举办特色活动、推出惠民政策等，让居民和游客感受雄安的发展温度与城市活 ...

2月11日南方小年，国际国内金价同步反弹企稳，机构预测短期震荡上行，中长期牛市逻辑未改。 今日金价呈现"国际国内联动、现货期货分化"特点，核心数据如下： （一）国际黄金市场 （二）国内黄金市场 1. 期货及现货（上海黄金交易所） 2. 线下金店及银行金条 春节临近，实物黄金消费旺季来临，金店价多数上涨、品牌价差明显，银行金条价平稳（金店溢价高，银行金条更适合纯投资）。 四、实用提示 1. 实物消费：选款式、对比价差，留存购买凭证。 金店（足金999）： 周大福、周生生：1560.0元/克（分别+5.26%、+5.12%） 老凤祥：1556.0元/克（+3.73%） 周大生：1550.0元/克（-0.64%） 金至尊：1480.0元/克（-4.70%） 银行金条： 建行：1135.42元/克（-0.77%） 工行：1138.47元/克（-0.73%） 中行：1139.02元/克（-0.81%） 平安、浦发银行：1136.40、1204.00元/克（持平） 地缘风险发酵：中东局势紧张、俄乌冲突未消，避险资金流入。 实物需求支撑：春节临近，婚嫁、压岁等需求集中释放。 央行购金+技术面：全球及中国央行持续购金，叠加技 ...

Core Viewpoint - The Hong Kong Dividend Low Volatility ETF managed by Huatai-PB has experienced a decrease in both share count and total assets in 2025, indicating a potential decline in investor interest [1][2] Group 1: Fund Performance - The Hong Kong Dividend Low Volatility ETF (520890) closed at a gain of 0.99% on February 11, with a trading volume of 37.2364 million yuan [1] - The fund's management fee is set at 0.50% annually, while the custody fee is 0.10% annually [1] - The fund's performance benchmark is the Hang Seng Stock Connect High Dividend Low Volatility Index [1] Group 2: Fund Size and Liquidity - As of February 10, the fund's latest share count is 83.008 million, with a total size of 127 million yuan, reflecting a 12.63% decrease in shares and a 6.16% decrease in size since December 31, 2025 [1] - Over the last 20 trading days, the cumulative trading amount reached 595 million yuan, with an average daily trading amount of 29.7258 million yuan [1] - Year-to-date, the cumulative trading amount is 775 million yuan, with an average daily trading amount of 27.6773 million yuan [1] Group 3: Fund Holdings - The current fund manager is Li Qian, who has managed the fund since September 4, 2024, achieving a return of 52.12% during her tenure [2] - Major holdings include Shougang Resources (3.77%), Yancoal Australia (2.68%), and Hang Seng Bank (2.63%), among others, with specific holding values and percentages detailed [2]

Core Viewpoint - A new round of deposit interest rate cuts has begun, with major banks reducing rates on large-denomination certificates of deposit (CDs), indicating a shift in the banking sector aimed at alleviating interest margin pressure and better serving the real economy [1][5]. Group 1: Interest Rate Changes - Major state-owned banks have lowered the annualized interest rates on 1-month and 3-month large-denomination CDs to below 1%, with some products seeing a maximum reduction of 35 basis points [1][2]. - The latest rates for China Bank's CDs are 0.9% for 1-month and 3-month terms, and 1.1% for 6-month terms, marking a significant decrease from previous rates [2][3]. - Other banks, including Industrial and Agricultural Banks, have also reduced their 1-month and 3-month CD rates to 0.9% [4]. Group 2: Implications for Banks and Investors - The reduction in deposit rates is expected to help stabilize banks' net interest margins, which have been under pressure, as evidenced by a 9 basis point decline to 1.43% in the first quarter of this year [5][6]. - Analysts suggest that investors should adjust their expectations for investment returns and consider a diversified asset allocation strategy, including cash management products and government bonds, in light of declining deposit rates [6].

日前，招商银行发布公告称，该行将于4月9日起停止ATM扫码存款服务，后续，客户可持银行卡，通过招商银行ATM或前往该行营业网点办理存 款业务。 近年来，多家银行都在收紧无卡存取款业务。谈及调整此类业务的原因，多家银行表示，是基于优化金融服务、风险管理以及成本效率等方面的 考量。 （原标题：超50家银行宣布暂停各类无卡业务） 你有多久没用过ATM扫码存款了？ 从用户角度来看，随着移动支付的兴起，现金使用频率降低，银行相继关闭ATM二维码存款功能，与保护客户资金安全、相关功能使用起来较为 繁琐等多种原因有关。 近一年来，超50家银行暂停各类无卡业务 据不完全统计，近一年来已经有超过50家银行机构宣布，停止无卡存款、无卡取款、扫描取款等各类业务。 去年三、四月份，多家国有大行率先作出调整 比如，工商银行率先表示，其个人手机银行无卡取现功能已于去年4月17日起暂停服务，客户可通过ATM机手机银行扫码取现功能提取现金，或 在ATM机上插卡提现。 交通银行随后发布公告称，于2024年5月24日起停止个人手机银行无卡取款功能中的预约取款服务。客户仍可通过交通银行智能机具办理有卡取 款、扫码取款或前往银行营业网点办理取款业务 ...