2月5日，市场传出一则"小作文"，大体意思是"中财期货在价格暴跌前大规模做空，浮盈超过36亿元"，引发了 大家的关注。进入2月，随着白银价格的大幅回调，中财期货席位持卖单量逐步减少。数据显示，截至2月5日 收盘，该公司席位在白银期货部分合约上的持卖单量仍处于全市场前列。 值得一提的是，中财期货席位上的上述持仓均属于代客持仓，即中财期货经纪业务客户的整体持仓。因此，前 述"小作文"所谓的"中财期货做空盈利"的说法并不准确。 中财期货相关负责人也表示，交易所公布的中财期货席位在白银期货合约上的持仓数据及其变化，反映的是公 司客户在白银期货上的头寸变动。他同时强调，公司始终坚持合规经营，致力于为客户提供专业服务。 来源：期货日报 责编：汪云鹏 校对： 刘星莹 百万用户都在看 集体杀跌！三大变数，突袭股市！ 直线大跳水！刚刚，多股跌停！白银，崩了 A股突发！多只大牛股，紧急提示风险！ 利好来了！多只A股，突发公告！ AI，突传重磅！四大巨头，同时出手！ 违法和不良信息举报电话：0755-83514034 邮箱：bwb@stcn.com 券中社 × 券商中国 券 中 社 扫码下载券中社APP 扫码关注券商中国公众号 q ...

在有色金属方面，铜、铝、铅、锌、氧化铝期货已上市合约的涨跌停板幅度调整为10%，套保持仓交易保证金比例调整为11%，一般持仓交易保证金比例调 整为12%；铸造铝合金、线材、不锈钢期货已上市合约的涨跌停板幅度调整为8%，套保持仓交易保证金比例调整为9%，一般持仓交易保证金比例调整为 10%；镍、锡期货已上市合约的涨跌停板幅度调整为12%，套保持仓交易保证金比例调整为13%，一般持仓交易保证金比例调整为14%。 | 品种← | 合约← | | 现行标准(%) < 交易保证金 | | | --- | --- | --- | --- | --- | | | | 涨跌停板(1 | | | | | | | 套保持仓< | ਦਿ | | 旬〜 | 已上市合约4 | 94 | 10< | 1 : | | 铝← | 已上市合约4 | 94 | 10< | 1: | | 锌← | 已上市合约4 | 94 | 10< | 1 : | | 铝← | 已上市合约4 | ت جو | 10< | 1: | | 寝← | 已上市合约4 | 114 | 12« | 1: | | 锡← | 已上市合约(1 | 114 | 124 | 1: | ...

上图为1月26日中财期货（代客）席位AG2604合约持卖单量情况 上图为1月26日中财期货（代客）席位AG2608合约持卖单量情况 近期，白银市场经历一轮暴涨暴跌行情。2月5日，市场传出一则"小作文"，大体意思是"中财期货在价 格暴跌前大规模做空，浮盈超过36亿元"，引发了大家的关注。那么，这一说法是否属实？记者就此查 阅了交易所的相关持仓数据，并致电了中财期货。 持仓数据变化 从交易所公布的持仓数据来看，在本轮白银价格波动行情中，中财期货席位在白银期货上的持仓变化确 有值得关注之处。今年1月26日，该公司席位在白银期货主力合约AG2604上的卖单量为3501手，排名全 市场第20位；而在远月合约AG2608上持有2969手卖单，位列全市场第2位。 市场风险提示 值得注意的是，近期贵金属市场波动显著加大，黄金、白银价格均出现快速回调。市场人士提醒，目前 海外市场贵金属价格尚未完全企稳，市场情绪仍较敏感，价格急跌带来的波动可能传导至其他关联品 种。建议交易者理性看待市场波动，避免盲目跟风，注意仓位管理，做好风险防范。 进入2月，随着白银价格的大幅回调，中财期货席位持卖单量逐步减少。数据显示，2月3日，该公司席 ...

近期，白银市场经历一轮暴涨暴跌行情。2月5日，市场传出一则"小作文"，大体意思是"中财期货在价 格暴跌前大规模做空，浮盈超过36亿元"，引发了大家的关注。那么，这一说法是否属实？期货日报记 者就此查阅了交易所的相关持仓数据，并致电了中财期货。 持仓数据变化 从交易所公布的持仓数据来看，在本轮白银价格波动行情中，中财期货席位在白银期货上的持仓变化确 有值得关注之处。今年1月26日，该公司席位在白银期货主力合约AG2604上的卖单量为3501手，排名全 市场第20位；而在远月合约AG2608上持有2969手卖单，位列全市场第2位。 | 6 | 中财期货 | 6544 | -443 | | --- | --- | --- | --- | | | (代客) | | | 上图为1月26日中财期货（代客）席位AG2604合约持卖单量情况 上图为1月26日中财期货（代客）席位AG2608合约持卖单量情况 进入2月，随着白银价格的大幅回调，中财期货席位持卖单量逐步减少。数据显示，2月3日，该公司席 位在AG2608、AG2610、AG2612等合约上的持卖单量下降。2月4日，该公司席位在主力合约AG2604上 的持卖单量也有 ...

（文章来源：每日经济新闻） 每经AI快讯，2月5日，国内商品期货夜盘开盘多数下跌，沪金跌2.12%，沪银跌13.06%，沪铜跌2%， 沪锡跌4.28%，焦煤跌1.44%，原油跌0.71%，甲醇跌1.2%。 ...

市场有风险，投资需谨慎。本文不构成个人投资建议，也未考虑到个别用户特殊的投资目标、财务状况或需要。用户应考虑本文中的任何 意见、观点或结论是否符合其特定状况。据此投资，责任自负。 2月5日，市场传出一则"小作文"，大体意思是"中财期货在价格暴跌前大规模做空，浮盈超过36亿元"， 引发了大家的关注。那么，这一说法是否属实？记者就此查阅了交易所的相关持仓数据，并致电了中财 期货。 从交易所公布的持仓数据来看，在本轮白银价格波动行情中，中财期货席位在白银期货上的持 仓变化确有值得关注之处。今年1月26日，该公司席位在白银期货主力合约AG2604上的卖单量为3501 手，排名全市场第20位；而在远月合约AG2608上持有2969手卖单，位列全市场第2位。 进入2月，随着 白银价格的大幅回调，中财期货席位持卖单量逐步减少。数据显示，2月3日，该公司席位在AG2608、 AG2610、AG2612等合约上的持卖单量下降。2月4日，该公司席位在主力合约AG2604上的持卖单量也 有所减少。截至2月5日收盘，该公司席位在白银期货部分合约上的持卖单量仍处于全市场前列。 值得 一提的是，中财期货席位上的上述持仓均属于代客持仓，即 ...

Group 1 - The article highlights the significant investment activities of Chinese billionaire trader Bian Ximing, who has made substantial profits from gold trading and is now focusing on silver, holding a short position valued at nearly $300 million [1][3]. - Since early 2022, Bian has reportedly earned close to $3 billion by going long on gold contracts at the Shanghai Futures Exchange, establishing himself as a major player in the precious metals market [1][3]. - Bian's current silver short position amounts to approximately 450 tons, equivalent to 30,000 contracts, and has generated a floating profit of about 2.88 million USD due to a recent drop in silver prices [1][5]. Group 2 - Data from the exchange indicates that Bian began increasing his silver short positions through his brokerage, Zhongcai Futures, starting from the last week of January [3][5]. - On January 28, Zhongcai Futures' silver short positions surged to around 18,000 contracts, further climbing to approximately 28,000 contracts by January 30, coinciding with a historical peak in silver prices [5].

Core Viewpoint - The precious metals market experienced a pullback after an initial rise, with short-term profit-taking by futures traders and a rebound in the US dollar index contributing to the reduced upward momentum [1][3]. Group 1: Market Dynamics - Gold and silver prices maintained slight increases during midday but showed a significant reduction compared to the previous night's strong gains [1][3]. - The global gold ETFs faced a record outflow of nearly $980 million on Tuesday, indicating a panic among investors as gold retreated from historical highs [1][3]. Group 2: External Financial Environment - The macroeconomic pressure remains significant, with the US 10-year Treasury yield around 4.28%, which, along with a stronger dollar, diminishes gold's appeal as a safe-haven asset [2][4]. - Crude oil prices have dropped to approximately $63.25 per barrel, further weakening inflation expectations that could support precious metals [2][4]. Group 3: Technical Analysis - April gold futures have formed a bearish "key reversal" pattern, suggesting an increased likelihood of market topping; if bulls cannot reclaim the $5000 level, a drop to the $4423.20 support level may occur [2][4]. - The silver market is also concerning, with March silver futures forming a bearish flag pattern; unless the closing price breaks above $100, the market may continue to test the $70 level [5].

Core Viewpoint - The Shanghai Futures Exchange (SHFE) announced adjustments to the price fluctuation limits and margin requirements for various futures contracts, including gold and silver, effective from February 9, 2026 [1]. Group 1: Adjustments to Futures Contracts - The fluctuation limit for gold futures contracts will be adjusted to 17%, with the margin requirement for hedging positions set at 18% and for general positions at 19% [3][4]. - The fluctuation limit for silver futures contracts will be adjusted to 20%, with the margin requirement for hedging positions set at 21% and for general positions at 22% [3][4]. - For copper, aluminum, lead, zinc, and alumina futures contracts, the fluctuation limit will be adjusted to 10%, with margin requirements of 11% for hedging and 12% for general positions [3][4]. - The fluctuation limit for futures contracts of casting aluminum alloy, wire, and stainless steel will be adjusted to 8%, with margin requirements of 9% for hedging and 10% for general positions [3][4]. - Nickel and tin futures contracts will have their fluctuation limit adjusted to 12%, with margin requirements of 13% for hedging and 14% for general positions [3][4]. Group 2: Market Trends and Analysis - In January 2023, the gold and silver markets experienced significant volatility, with both assets seeing extreme price fluctuations [5][6]. - As of early February 2023, gold futures and spot prices have declined by over 1%, while silver futures have dropped by more than 7%, and silver spot prices have decreased by over 10% [6]. - Analysts from Galaxy Futures suggest that the gold and silver markets are currently in a phase of rebound and recovery following a sharp decline, with a favorable macroeconomic environment expected in the medium to long term, although caution is advised in the short term [6]. - Funi Futures indicates that due to ongoing global political and economic uncertainties, as well as pressures on U.S. fiscal sustainability, gold remains bullish in the medium term, but short-term price volatility may lead to a potential second bottom [6].

炒股就看金麒麟分析师研报，权威，专业，及时，全面，助您挖掘潜力主题机会！ 来源：华儿街之狼 彭博报道 一名中国交易员靠黄金期货赚了30亿美金（210亿人民币） 新浪合作大平台期货开户 安全快捷有保障 新浪声明：此消息系转载自新浪合作媒体，新浪网登载此文出于传递更多信息之目的，并不意味着赞同 其观点或证实其描述。文章内容仅供参考，不构成投资建议。投资者据此操作，风险自担。 责任编辑：何俊熹 炒股就看金麒麟分析师研报，权威，专业，及时，全面，助您挖掘潜力主题机会！ 来源：华儿街之狼 彭博报道 一名中国交易员靠黄金期货赚了30亿美金（210亿人民币） 员靠黄金赚了30亿美元, 作者: Alfred Cang 和 Jin Wu (新闻) February 5, 2026 at 12:27 PM GMT+8 06 0.0 -1.0 海期货交易所、影博H计算 : 图表显示的是基于截至2026年2月3日的数据的估算,估算基于合约的每日加权平均价格, 据交易所数据显示,卡建明通过其经纪公司中财期货有限公司,于1月 最后一周开始增持白银空头头寸。上海期货交易所并未披露经纪账户 背后个人投资者的身份,但知情人士表示,下建明本人的 ...