公告送出日期：2026年02月11日 1 公告基本信息 ■ 关于汇添富香港优势精选混合型证券投资基金 注：1、汇添富基金管理股份有限公司（以下简称"本公司"）已于2026年01月14日发布《关于汇添富全 球医疗保健混合型证券投资基金暂停大额申购、定期定额投资业务的公告》，对汇添富全球医疗混合 (QDII)人民币的大额申购、大额定期定额投资业务进行限制，限制金额自2026年01月15日起（含2026年 01月15日）为700人民币元；对汇添富全球医疗混合(QDII)美元现汇、汇添富全球医疗混合(QDII)美元 现钞的大额申购、大额定期定额投资业务进行限制，限制金额自2026年01月15日起（含2026年01月15 日）为100美元。 2、自2026年02月12日起（含2026年02月12日），汇添富全球医疗混合(QDII)人民币调整大额申购、大 额定期定额投资业务限制金额，单日单个基金账户单笔或多笔累计申购、定期定额投资的金额不应超过 10000人民币元（含10000人民币元）。当单日某基金账户单笔或多笔累计申购、定期定额投资该份额的 金额超过10000人民币元，本公司将部分或全部拒绝。该份额暂停上述大额业务期 ...

登录新浪财经APP 搜索【信披】查看更多考评等级 公告送出日期：2026年2月11日 1 公告基本信息 投资者可以通过以下途径咨询有关详情： ■ 注：1、银华基金管理股份有限公司决定自2026年2月12日（含2026年2月12日）起暂停办理银华中债1-3 年农发行债券指数证券投资基金500万元以上的大额申购（含定期定额投资及转换转入）业务，即2026 年2月12日起单日每个基金账户累计申购（含定期定额投资及转换转入）银华中债1-3年农发行债券指数 证券投资基金A类基金份额、D类基金份额的合计金额不超过500万元，若超过500万元,本基金管理人有 权部分或全部拒绝银华中债1-3年农发行债券指数证券投资基金的申购（含定期定额投资及转换转入） 申请。如单日某基金账户单笔申购本基金的金额超过500万元，本基金管理人有权确认该笔申购失败； 如单日某基金账户多笔累计申购本基金的金额超过500万元，本基金管理人将按申购金额大小排序，逐 笔累加至符合不超过500万元限额的申请确认成功，其余有权确认失败。针对单笔申购业务申请，仅有 确认和不予确认两种处理方式，不存在对单笔申请的部分确认。敬请投资者留意。 2、在本基金限制大额申 ...

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！ 由海富通基金管理有限公司申请，并经上海证券交易所确认，自2026年2月11日起，海富通上证基准做 市公司债交易型开放式指数证券投资基金（场内简称：信用债，扩位简称：信用债ETF海富通，基金代 码：511190）新增国联民生证券股份有限公司、民生证券股份有限公司为申购赎回代办证券公司。投资 者在销售机构办理本基金申购、赎回等业务的具体流程、规则等以销售机构的规定为准，销售机构的业 务办理状况亦请遵循其规定执行。 投资者可通过以下渠道咨询详情： 1、国联民生证券股份有限公司 网址：www.glms.com.cn 客服电话：95570 本公告的解释权归海富通基金管理有限公司。 风险提示：基金管理人承诺以诚实信用、勤勉尽责的原则管理和运用基金资产，但不保证基金一定盈 利，也不保证最低收益。基金的过往业绩及其净值高低并不预示其未来业绩表现。基金管理人提醒投资 者基金投资的"买者自负"原则，在做出投资决策后，基金运营状况与基金净值变化引致的投资风险，由 投资者自行负责。投资者在投资基金之前，请仔细阅读基金的基金合同、招募说明书、基金产品资料概 要等 ...

Core Viewpoint - Tianhong Fund announced the resignation of fund manager Jiang Xiaoli due to personal reasons, emphasizing the company's commitment to maintaining stable operations of its products despite her departure [2][3]. Group 1: Resignation Announcement - Jiang Xiaoli has resigned from all public fund products she managed, citing a desire for a phase of rest and to focus more on family [2][3]. - The company expressed respect for her decision and gratitude for her long-term professional contributions [3]. - Jiang Xiaoli managed a total of 10 funds with an aggregate scale of 35 billion yuan, all of which reported positive returns during her tenure [3]. Group 2: Background and Experience - Jiang Xiaoli has 16 years of experience in the securities industry, having held various roles at Tianhong Fund and other financial institutions [3]. - She served as a fund manager since 2012, with notable funds like Tianhong Yongli Bond and Tianhong Ankang Yiyang achieving returns exceeding 100% [3]. Group 3: Investor Communication - In her letter to investors, Jiang Xiaoli highlighted the responsibility of managing public funds, which include retirement savings and salaries of working individuals [5]. - She reflected on the intense nature of her work, which left little time for personal life and health, leading to her decision to take a break [6].

Group 1 - The long-term trend for gold remains solid, with significant inflows into gold ETFs, specifically the Cathay Gold ETF (518800), which saw a net inflow of 2.3 billion yuan over four consecutive days, indicating strong demand for gold investments [1] - In the U.S. economic landscape, the ISM manufacturing PMI for January was reported at 52.6, indicating a return to the expansion zone, surpassing expectations of 48.5 and the previous value of 47.9 [1] - The U.S. labor market showed signs of weakness, with the ADP employment change for January at 22,000, lower than the previous figure of 41,000 and the expected 48,000 [1] Group 2 - The ongoing increase in gold reserves by the People's Bank of China marks the 15th consecutive month of accumulation, with reserves reported at 7.419 million ounces (approximately 2,307.567 tons) as of the end of January, reflecting a month-on-month increase of 40,000 ounces (about 1.24 tons) [1] - The backdrop of monetary expansion and fiscal deficit monetization challenges the U.S. dollar credit system, while global geopolitical instability drives the diversification of asset reserves, enhancing the demand for gold as a safe-haven asset [2] - The combination of a Federal Reserve interest rate cut cycle, increasing overseas uncertainties, and a global trend towards de-dollarization supports the outlook for gold prices, positioning gold as a potential new pricing anchor [2]

Core Viewpoint - Vanguard Emerging Markets Government Bond Index Fund ETF (VWOB) offers a yield of 5.65%, providing a premium over U.S. Treasuries, appealing to investors willing to accept associated risks [2][6]. Distribution Structure - VWOB generates income through interest payments from government bonds in emerging markets, differing from equity ETFs that rely on corporate dividends [2]. - The fund's ability to maintain distribution levels is crucial, as traditional dividend safety metrics do not apply [3]. Distribution History - VWOB has maintained uninterrupted monthly payments since its inception in May 2013, with the February 2026 payment slightly above the 12-month average [4]. - Total distributions increased by 2.2% year-over-year from 2024 to 2025, indicating modest growth in income-generating capacity [5]. - The fund has never cut or suspended its dividend, even during market stress in 2020 [5]. Interest Rate Environment - The Federal Reserve's easing cycle, with a rate cut of 75 basis points to 3.75%, has created favorable conditions for emerging market bonds [6]. - VWOB's yield of 5.65% offers a 143 basis point premium over the 10-year Treasury yield of 4.22%, compensating for additional risks [6]. Performance Metrics - VWOB gained 11.85% over the past year and delivered 9.43% over five years, reflecting its performance stability [7].

Core Viewpoint - The precious metals market experienced extreme volatility in early February 2026, with gold and silver prices plummeting and then rebounding sharply, leading to significant market divergence regarding future trends [1][3]. Group 1: Market Dynamics - Gold reached a historical high of $5598.75 per ounce on January 29, 2026, before crashing to $4403.64 within three trading days, marking a single-day drop of over 10% [1]. - Silver saw an even more dramatic decline, falling from $120 to $71.31, with a maximum single-day drop of 35% [1]. - Following the crash, gold rebounded to over $5000, while silver experienced a daily increase of 3% [1]. Group 2: Triggers of Volatility - The volatility was triggered by the nomination of Kevin Walsh, known for his hawkish stance, as the next Federal Reserve Chair, leading to expectations of tighter monetary policy [3]. - The Chicago Mercantile Exchange raised margin requirements, forcing leveraged long positions to liquidate, which exacerbated the market downturn [3][4]. - A significant technical factor was the extreme concentration of long positions, with gold and silver having risen 67% and 120% respectively from December 2025 to January 2026 [3]. Group 3: Institutional Behavior - Institutional investors rapidly exited the market during the downturn, with many international banks significantly reducing their net long positions [6]. - Retail investors, lacking risk management tools, became passive victims of the liquidity crisis [6]. - The divergence in supply and demand fundamentals amplified the volatility, with silver's industrial demand increasing significantly, while gold remained more reliant on monetary attributes [6]. Group 4: Market Outlook - Analysts are divided on the future of gold prices, with some predicting a long-term decline to $4000 or even $3000 by 2027, while others maintain bullish forecasts, raising year-end price targets to $6300 [7]. - The market is experiencing a structural shift, with concerns about the independence of the Federal Reserve easing due to the nomination of a qualified candidate [11][14]. - The extreme volatility has led to a re-evaluation of asset pricing logic, with warnings about the fragility of the silver market compared to gold [16].

Group 1 - The core viewpoint of the articles indicates a significant shift in ETF fund flows, with a reversal from net outflows to substantial inflows, particularly in small and mid-cap style ETFs [1][2] - From February 3 to February 9, stock ETFs experienced a net inflow of 83.89 billion yuan, with notable contributions from the Southern CSI 500 ETF and other sector-specific ETFs [2][3] - The Southern CSI 500 ETF alone saw a net inflow of 33.86 billion yuan during this period, highlighting investor interest in mid-cap stocks [3] Group 2 - New ETFs are being launched, contributing to market liquidity, with four ETFs listed on February 9-10 and eight more scheduled for listing soon [4] - As of February 10, there are three ETFs in the issuance process and seven with confirmed issuance dates, focusing on industry themes such as technology and agriculture [5] - The number of new fund accounts opened in January 2026 surged by 168.72% year-on-year, reflecting increased investor enthusiasm for public funds [5] Group 3 - The market sentiment is improving, with expectations of stabilized risk appetite and reduced selling pressure from large funds, particularly in cyclical sectors [6] - There is a notable recovery in the demand for actively managed equity funds, with several funds exceeding 20 billion yuan in issuance scale [5][6]

Market Overview - On February 10, 2026, A-shares showed mixed performance with the three major indices fluctuating. The AI application and film sectors experienced a surge, while the photovoltaic, real estate, and consumer sectors weakened [1] - A total of 847 ETFs rose in the market, with the film and gaming ETFs seeing significant increases of 9.98% and 5.56%, respectively [1] ETF Performance - The top-performing ETFs included: - Film ETF (159855.SZ) with a rise of 9.98%, estimated scale of 270 million, and a turnover rate of 260.42% [2] - Gaming ETF (159869.SZ) increased by 5.56%, with an estimated scale of 139.25 billion [2] - Conversely, 468 ETFs declined, with the satellite, real estate, and photovoltaic ETFs leading the losses [2][3] Film Sector Insights - The film sector saw a remarkable rally, with the CSI Film Index (930781) soaring by 9.25%. Major stocks like Jiechuan Co. and Huayi Brothers hit the daily limit [5] - The Silver华 Film ETF (159855) reached its daily limit with a 9.98% increase, while the Guotai Film ETF (516620) rose by 9.48%. Both ETFs experienced significant capital inflows [5][6] Gaming Sector Insights - The gaming sector also performed well, with the Animation and Gaming Index (930901) rising by 5.26%. Key stocks such as Light Media and Aofei Entertainment reached their daily limits [12][13] - The top gaming ETFs included: - 华夏 Gaming ETF (159869) with a 5.56% increase and an estimated scale of 2.93 billion [15] - 华泰柏瑞 Gaming ETF (516770) with a 5.22% increase [14] Fund Flow Analysis - On February 9, the A-share market saw a strong rally, with a net outflow of over 28 billion across all stock ETFs. The top inflow sectors included the CSI 500 Index, which saw a net inflow of 27.3 billion [16] - The CSI 500 ETF was highlighted as a core broad-based index reflecting mid to small-cap stocks in the A-share market [19]

Group 1 - National railway is expected to send 13.95 million passengers on February 10, with a total of 101 million passengers sent since the start of the Spring Festival travel rush on February 2 [1][3] - As of February 10, over 185 million train tickets have been sold for the Spring Festival period, with ticket sales for February 24 starting on February 10 [1][3] - Various regions have sufficient remaining tickets for travel, while some routes still have available tickets [1][3] Group 2 - Several instant retail platforms, including Dingdong and Hema, announced an increase in delivery fees during the Spring Festival, with most platforms adding a service fee of 3 yuan and Hema charging a base delivery fee of 6 yuan [1][4] - The increase in service fees during the Spring Festival is generally understood by the public, as many workers receive triple wages during this period [4] Group 3 - The "2026 Guanghuo Goes Global · Lingnan New Year Food Carnival" has attracted over 200,000 visitors in its first five days, becoming a significant event in the Guangfo area during the Spring Festival [7] - The event features nearly 200 quality brands and offers a one-stop shopping experience for New Year goods, along with immersive performances [7] Group 4 - Yingda Taihe Property Insurance announced a leadership change, with Zhou Quanliang stepping down as general manager, and there are expectations for him to become the next chairman [10] - Zhou Quanliang, born in 1973, is seen as a "young leader" in the company [10] Group 5 - Zhongke Wotu Fund has experienced significant management turnover, changing its general manager four times in five years, with the latest change occurring on February 10 [12] - The fund's public product management scale has dropped nearly 75% year-on-year, highlighting challenges faced by small public funds in the industry [12] Group 6 - Kaishi Investment Consulting has been ordered to suspend new client acquisitions for six months due to multiple violations [16] - Other investment firms, including Luojia Investment and Huiyan Zhitu, have also faced similar regulatory actions for violations [17]