专题：广东省高质量发展大会 2月24日，2026广东省高质量发展大会举行。深交所相关负责人在会上表示，广东省委省政府高度重视 资本市场的发展，深交所始终把服务广东作为义不容辞的职责。 过去一年，资本市场稳中向好，功能作用日益增强，其中广东企业运用资本市场工具持续领先，在深交 所市场新增上市公司家数、IPO申报企业家数、辅导企业家数、并购重组交易金额、再融资规模、债券 融资规模方面保持了6个第一，并产生了一系列的突破性创新案例。 在"十五五"的开局之年，深交所将在中国证监会的领导下，积极推进资本市场防风险、强监管、促高质 量发展，以创业板改革为牵引，着力完善市场功能，提升服务能级，加快建设世界一流交易所，更好地 服务建设现代化新广东的发展大局。 深交所相关负责人表示，今年，深交所将在广东重点抓好三件事。 第一，深交所将深入开展"粤企面对面"活动，推动更多优质企业上市融资。广东的科技企业充满生机、 实力雄厚。即将实施的深化创业板改革，将设置更加契合新兴领域和未来产业企业特征的上市标准，科 创债、绿色债也受到越来越多科技型企业、现代制造业的青睐。深交所将在省委金融办、发改委、工信 厅和各地市的大力支持下，在2025 ...

四是深化综合服务供给，增强市场参与者获得感。办好各类产业沙龙，搭建政府、产业、资本、科研等 各方沟通交流平台。升级官网股票期权专栏。提升中国证券博物馆展览和服务功能。 一是优化信息公开渠道，提升信息获取便利性。将官网业务规则查询系统在线浏览功能拓展至全部业务 指南，整合同一发行人在上市审核、持续监管等阶段的信息披露内容，建立持有型不动产ABS证券信息 披露专区。 二是提升监管服务质效，提高上市公司治理水平。完善ESG信息披露评价标准，拓展上市公司股东 会"一键通"手机投票服务，将董秘任职培训模式由线上调整为线上线下相结合。 三是丰富指数化投资标的，更好满足多元投资需求。进一步完善"固收+"多资产类指数体系，加强指数 及ETF产品宣传推广。 ◎记者 何昕怡 2月12日，上交所发布《上海证券交易所2026年为市场办实事项目清单》（简称"项目清单"），旨在进 一步深化"开门办审核、开门办监管、开门办服务"工作。 据悉，项目清单是上交所结合提升资本市场包容性适应性、深化投融资综合改革、推进上交所数字化转 型等重点任务，以助力资本市场高质量发展为目标，梳理形成的具体落地举措。项目清单包括五个方面 十件"实事"，覆盖上交 ...

Core Viewpoint - The Shanghai Stock Exchange (SSE) has released a project list for 2026 aimed at enhancing the quality of the capital market through specific actionable measures, focusing on inclusivity, adaptability, and digital transformation [1] Group 1: Key Measures - The project list includes ten actionable items across five main areas: listing review, frontline regulation, product innovation, market services, investor protection, and information technology [1] - One key measure is to optimize information disclosure channels to improve accessibility, including expanding online browsing capabilities for all business guidelines and creating a dedicated section for real estate ABS securities information [1] - Another measure focuses on enhancing regulatory service quality and improving corporate governance by refining ESG disclosure standards and expanding mobile voting services for shareholder meetings [1] Group 2: Market Engagement and Services - The SSE aims to deepen comprehensive service offerings to enhance participant satisfaction by organizing various industry salons and upgrading the stock options section on its website [2] - The SSE plans to enrich index investment options to better meet diverse investment needs, including the development of a more comprehensive "fixed income+" multi-asset index system and promoting index and ETF products [1][2] Group 3: Cost Reduction and Market Benefits - The SSE is committed to reducing market operation costs, with an estimated benefit of approximately 1.113 billion yuan to the market by 2026 [3] - The SSE emphasizes a people-centered approach, aiming to address market concerns through practical measures and has received positive feedback for its ongoing efforts to serve the market [3]

本报讯 （记者毛艺融）为推动中央八项规定精神在上海证券交易所（以下简称"上交所"）落实落细，进一步深化"开门办审核、开门办监管、开门办服 务"工作，上交所在认真研究市场各方诉求基础上，结合交易所实际，梳理形成了《上海证券交易所2026年为市场办实事项目清单》（以下简称《项目清 单》），近日正式对外发布。 三是丰富指数化投资标的，更好满足多元投资需求。进一步完善"固收+"多资产类指数体系，加强指数及ETF产品宣传推广。 四是深化综合服务供给，增强市场参与者获得感。办好各类产业沙龙，搭建政府、产业、资本、科研等各方沟通交流平台。升级官网股票期权专栏。提升中 国证券博物馆展览和服务功能。 五是持续推进降费让利，降低市场运行成本。预计2026年向市场让利约11.13亿元。 《项目清单》是上交所在深入学习贯彻党的二十届四中全会、中央经济工作会议和全国金融系统工作会议精神的基础上，结合提升资本市场包容性适应性、 深化投融资综合改革、推进上交所数字化转型等重点任务，以助力资本市场高质量发展为目标，梳理形成的具体落地举措。 《项目清单》包括五个方面十件"实事"，覆盖上交所上市审核、一线监管、产品创新、市场服务、投资者保护、信 ...

为推动中央八项规定精神在上海证券交易所（以下简称上交所）落实落细，进一步深化"开门办审核、 开门办监管、开门办服务"工作，上交所在认真研究市场各方诉求基础上，结合交易所实际，梳理形成 了《上海证券交易所2026年为市场办实事项目清单》（以下简称《项目清单》），近日正式对外发布。 《项目清单》是上交所在深入学习贯彻党的二十届四中全会、中央经济工作会议和全国金融系统工作会 议精神的基础上，结合提升资本市场包容性适应性、深化投融资综合改革、推进上交所数字化转型等重 点任务，以助力资本市场高质量发展为目标，梳理形成的具体落地举措。《项目清单》包括五个方面十 件"实事"，覆盖上交所上市审核、一线监管、产品创新、市场服务、投资者保护、信息技术等主要业务 领域。 四是深化综合服务供给，增强市场参与者获得感。办好各类产业沙龙，搭建政府、产业、资本、科研等 各方沟通交流平台。升级官网股票期权专栏。提升中国证券博物馆展览和服务功能。 五是持续推进降费让利，降低市场运行成本。预计2026年向市场让利约11.13亿元。 上交所始终坚持树立和践行以人民为中心的价值取向，以务实的工作作风解决市场各方关心的问题，连 续四年做好为市场办实事 ...

《项目清单》是上交所在深入学习贯彻党的二十届四中全会、中央经济工作会议和全国金融系统工作会 议精神的基础上，结合提升资本市场包容性适应性、深化投融资综合改革、推进上交所数字化转型等重 点任务，以助力资本市场高质量发展为目标，梳理形成的具体落地举措。《项目清单》包括五个方面十 件"实事"，覆盖上交所上市审核、一线监管、产品创新、市场服务、投资者保护、信息技术等主要业务 领域。一是优化信息公开渠道，提升信息获取便利性。将官网业务规则查询系统在线浏览功能拓展至全 部业务指南，整合同一发行人在上市审核、持续监管等阶段的信息披露内容，建立持有型不动产ABS证 券信息披露专区。二是提升监管服务质效，提高上市公司治理水平。完善ESG信息披露评价标准，拓展 上市公司股东会"一键通"手机投票服务，将董秘任职培训模式由线上调整为线上线下相结合。三是丰富 指数化投资标的，更好满足多元投资需求。进一步完善"固收+"多资产类指数体系，加强指数及ETF产 品宣传推广。四是深化综合服务供给，增强市场参与者获得感。办好各类产业沙龙，搭建政府、产业、 资本、科研等各方沟通交流平台。升级官网股票期权专栏。提升中国证券博物馆展览和服务功能。五是 ...

春节前分红金额再创新高。中国证券报记者从证监会获悉，2025年12月至今年1月底，沪深北证券交易 所235家上市公司在春节前两个月实施春节前分红，金额合计3488亿元，已超2025年春节前分红总额 (3446亿元)。叠加今年2月分红，春节前分红金额还会继续增长。 业内人士认为，春节前分红，是上市公司持续强化投资者回报、提升投资者获得感的缩影。除了传统的 年度分红外，春节前分红、中期分红、季度分红、特别分红等方式逐渐普及，分红节奏更加贴合企业经 营与股东期待。 金融和大消费行业继续成为分红主力 大消费行业分红同样积极，贵州茅台（600519）、五粮液（000858）、海天味业（603288）等龙头春节 前合计分红448亿元。 南开大学金融学教授田利辉关注到，多家消费行业公司在春节前分红的同时，表示将持续提升公司内在 价值，持续深耕主业，不断做优做强，以更好的业绩表现进一步增强投资者信心，上市公司高质量发展 步入新阶段。 分红时点整体前移 春节前分红时点整体前移，"又好又快"回馈投资者。 相较2025年春节，今年春节前分红时点总体前移，2025年12月实施分红2647亿元，是2024年12月分红金 额的3.7倍， ...

2026 年 2 月 10 日 行业研究/行业周报 非银行金融行业近一年市场表现 资料来源：常闻 【山证非银行金融】建设金融强国，关 注板块投资价值-【山证非银】行业周报 （20260126-20260201）： 2026.2.5 【山证非银行金融】公募业绩基准出台， 关注板块投资价值-【山证非银】行业周 报（20260119-20260125）： 2026.1.29 分析师： 刘丽 执业登记编码：S0760511050001 电话：0351--8686985 邮箱：liuli2@sxzq.com 孙田田 执业登记编码：S0760518030001 电话：0351-8686900 邮箱：suntiantian@sxzq.com 彭皓辰 执业登记编码：S0760525060001 邮箱：penghaochen@sxzq.com 非银行金融 行业周报（20260202-20260208） 领先大市-A(维持)) 修订发行承销监管指引，关注板块投资价值 投资要点 相关报告： 沪深交易所修订发行承销违规行为监管指引。沪深交易所分别 修订了《发行承销违规行为监管指引》，完善监管标准与违规情形， 提升发行承销监管的规范性 ...

Group 1 - The core viewpoint of the article highlights that the capital market is experiencing high-quality development, which is expected to benefit brokerage firms significantly, with a net inflow of over 1.6 billion yuan into the securities ETF (512880) in the past five days [1] - Ping An Securities indicates that due to the recovery of the equity market and increased activity in the capital market, listed brokerages are expected to announce positive earnings forecasts for 2025, showing a notable growth rebound compared to previous years [1] - The trend of performance recovery for brokerages is anticipated to continue in the context of a "slow bull" market and supportive policies for mergers and acquisitions, with the securities industry expected to maintain steady growth in 2026 based on a high base in 2025 [1] Group 2 - The "slow bull" market environment is becoming more pronounced, and brokerages are expected to fully benefit from the high-quality development of the capital market [1] - Policies are encouraging leading brokerages to enhance their strengths through mergers and acquisitions, as these firms possess strong comprehensive service capabilities and balanced business structures, making them more resilient in the current market [1] - The securities ETF (512880) tracks the securities company index (399975), which selects listed companies involved in brokerage, investment banking, and asset management from the A-share market to reflect the overall performance of the securities industry [1]

Core Viewpoint - The article discusses the significant growth and development of listed companies in Xinjiang during the "14th Five-Year Plan" period, highlighting the increase in market capitalization, revenue, and investment returns, as well as improvements in corporate governance and risk management [3][7][8]. Group 1: Market Expansion and Financial Growth - Xinjiang's listed companies increased from 7 to 62 by the end of 2025, with total market capitalization rising from 606.28 billion to 1,020.07 billion, a growth of 68.25% [3]. - Total revenue of listed companies is projected to grow from 533.31 billion in 2020 to 709.78 billion in 2024, an increase of 33.09% [7]. - Cumulative cash dividends paid by listed companies reached 88.33 billion, up 162.33% from the previous period [7]. Group 2: Financing and Investment - Direct financing through various instruments such as stocks, bonds, ABS, and REITs reached 364.76 billion [4]. - By 2025, Xinjiang's companies are expected to raise 59.26 billion through capital market financing [10]. - The region has seen a significant increase in the number of REITs, with new projects contributing to financing of 2.15 billion [14]. Group 3: Corporate Governance and Risk Management - The regulatory framework has been enhanced, with 39 cases of market violations addressed, resulting in penalties exceeding 100 million [8]. - A comprehensive system for preventing financial fraud has been established, improving corporate governance and internal controls [8]. - The implementation of tailored risk management strategies for individual companies has strengthened overall market stability [8]. Group 4: Future Development and Strategic Goals - The "15th Five-Year Plan" aims to leverage Xinjiang's unique resources and improve the business environment to support high-quality economic development [16][17]. - The focus will be on enhancing the capital market's role in supporting local industries and fostering innovation [16]. - The region plans to continue expanding its multi-tiered capital market, with an emphasis on supporting small and medium-sized enterprises [13][14].