敬请您妥善安排业务办理时间。如需帮助，请拨打中国农业银行客户服务热线：95599。 2026年1月9日，中国农业银行（601288）发布公告称，中国人民银行支付系统拟定于2026年开启6次系 统维护窗口，分别为2026年3月22日、4月19日、6月14日、7月19日、9月13日、11月15日00:00开始， 6:00前结束。维护窗口开启期间，人民银行小额支付系统、网上支付跨行清算系统暂停受理业务。 ...

春节长假临近，"持币过节"还是"持基过节"成为资金策略抉择。2月10日上午，市场延续热点轮动，两市红利标杆品种——中证红利ETF （515080）截至发稿涨0.06%、日K冲击6连阳，实时成交额居同类前列，最新规模81.59亿元；成份股中文传媒、中南传媒等领涨，中国海 油、中国石油及银行多股同步走强。 分析指出，在节前市场波动加大、热点快速切换的背景下，资金向高股息、低估值资产的倾斜趋势明显。 据中泰证券分析，一方面，在2月初市场波动明显放大的背景下，科技与高弹性周期板块回撤幅度较大；相比之下，高股息及稳健类板块整体 回撤幅度相对有限。另一方面，从纵向估值修复的角度看，高股息板块虽在年初以来出现边际回暖，但整体仍运行于历史低估值区间。 同时在低利率市场环境下，以煤炭、银行为代表的高股息板块，其股息率显著高于长期国债收益率，构成了扎实的"安全垫"。市场表现方面， 近期高股息资产在波动中展现出较强的抗跌性，同时估值仍处于历史偏低区间，具备横向防御与纵向修复的双重特征。 此外，高股息板块当前收益率较长债更具吸引力，估值仍处历史偏低区间，走势呈现"横向抗跌、纵向修复"。从行业层面看，当前A股市场中 股息率最高的板块为 ...

Group 1: Domestic News - The Shanghai and Shenzhen Stock Exchanges have launched a package of measures to optimize refinancing, aimed at enhancing flexibility and better serving technological innovation and new productivity development. The measures emphasize support for high-quality listed companies and clarify the refinancing interval requirements for unprofitable innovative enterprises [2] - The Ministry of Finance and other departments announced tax incentives for cross-border e-commerce export return goods, exempting import duties and VAT for goods returned within six months due to unsold or returned reasons, effective from January 1, 2026, to December 31, 2027. This policy aims to reduce costs for cross-border e-commerce enterprises and support the development of new foreign trade formats [3] Group 2: International News - U.S. Treasury Secretary Basant indicated that the Federal Reserve may not quickly reduce its balance sheet, suggesting a cautious and observant approach to asset management. He mentioned that it could take up to a year for the Fed to decide on its balance sheet adjustments, alleviating concerns about rapid monetary tightening impacting market liquidity [4] Group 3: Bond Market Dynamics - On February 9, the bond market showed a warm trend, with the yield on the 10-year government bond falling to 1.8000%, down 0.20 basis points. The 10-year policy bank bond yield also decreased to 1.9210%, down 1.25 basis points [9][10] - The secondary market for credit bonds saw significant price deviations, with some bonds experiencing price changes exceeding 10%. For instance, "H9 Long Control 01" fell over 16%, while "H1 Vanke 04" rose over 13% [11] Group 4: Convertible Bonds - The convertible bond market followed the equity market's upward trend, with major indices rising. The China Convertible Bond Index, Shanghai Convertible Bond Index, and Shenzhen Convertible Bond Index increased by 1.25%, 1.16%, and 1.42%, respectively. The trading volume in the convertible bond market was 857.98 billion, down 29.57 billion from the previous trading day [21][22]

截至2026年2月10日，欧元兑美元报1.1899，延续近期震荡企稳格局。汇价走势受欧洲央行政策、欧美 货币政策分歧、欧元区经济韧性及美国关键数据多重影响，短期聚焦本周美国非农、CPI数据，中长期 取决于欧央行政策走向与美联储降息节奏，以下从融合视角展开解析。 美国经济数据与政策表态是短期波动关键：花旗研报预警，本周延迟发布的1月非农(2月11日，预计新 增7-8.5万人、失业率4.4%)及CPI数据(2月13日)，可能引发美元不对称波动，若数据不及预期，美元抛 售或将推动欧元走强；上周五美国密歇根大学消费者信心指数升至57.3(六个月新高)短暂压制欧元，但 未改震荡格局，而美国通胀反弹担忧与美联储官员表态分化，进一步加剧汇价波动。 技术面来看，汇价围绕1.1900附近震荡企稳，短期均线走势平缓，未形成明确多空排列，当前波动区间 1.1897-1.1914。技术指标方面，MACD指标接近零轴，柱状能量微弱，显示多空动能均衡；RSI指标处 于中性区间，未出现明显超买或超卖迹象，多空分歧显著，与基本面"政策维稳、多空交织"的格局相契 合，短期静待关键数据触发突破。 关键支撑阻力清晰：支撑位依次为1.1897(当日 ...

国家外汇局表示，2026年1月，受主要经济体财政政策、货币政策及预期等因素影响，美元指数下跌，全球主要金融资产价格总体上涨。 汇率折算和资产价格变化等因素综合作用，当月外汇储备规模上升。我国经济运行稳中有进，发展韧性进一步彰显，为外汇储备规模保 持基本稳定提供支撑。 新华财经北京2月10日电10日亚洲交易时段盘中，离岸人民币兑美元升穿6.91关口，最高升至6.9060，续刷2023年5月以来新高；在岸人民 币兑美元升破6.92关口，最高升至6.9112。日内，人民币兑美元中间价上调65点报6.9458。 隔夜，美元指数两连跌至一周来盘中低位，离岸人民币兑美元涨破6.92关口，为近三年来首次。 近期，在内外部因素共振下，人民币汇率呈现出阶段性走强行情。上周CFETS人民币汇率指数报98.34，环比涨1.35；BIS货币篮子人民 币汇率指数报105.44，环比涨1.38；SDR货币篮子人民币汇率指数报93.44，环比涨0.92。 中国人民银行日前发布公告称，根据《中国人民银行与英格兰银行合作备忘录》，中国人民银行决定授权中国银行股份有限公司伦敦分 行担任英国人民币清算行。 伦敦作为全球主要金融中心，设立人民币清算 ...

Core Insights - The report highlights that 2025 marks a critical year for China's financial reform and opening-up, transitioning from market access to institutional openness, focusing on rules and regulations, and aiming for high-quality development in the financial sector [9][10]. Market Development - The capital market's two-way opening continues to deepen, with significant improvements in the Shanghai-Hong Kong Stock Connect and Bond Connect, leading to increased trading activity and market stability [10][18]. - The internationalization of the Renminbi (RMB) is accelerating, with a global cross-border payment system and rapid development of the digital RMB, creating a dual-driven new pattern [10][33]. - The bond market has seen substantial growth, with the "Bond Connect" mechanism enhancing cross-border investment and risk management capabilities, making Chinese bonds a core option for global asset allocation [23][27]. Industry Development - Foreign financial institutions are accelerating their entry into the Chinese market, focusing on wealth management, green finance, and technology insurance, while domestic institutions are expanding internationally, particularly in Belt and Road Initiative countries [10][52]. - The insurance sector is witnessing increased foreign participation, with foreign insurance companies' total assets reaching 3.32 trillion RMB, a 12.1% increase from the previous year [57]. Institutional Introduction - The introduction of foreign institutions is shifting from mere expansion to focusing on high-net-worth wealth management and cross-border finance, indicating a more strategic approach [72]. - As of mid-2025, there are 42 foreign banks operating in China, with a strong emphasis on capital strength and international experience, contributing significantly to the local banking landscape [47][50]. Business Development - The Qualified Foreign Institutional Investor (QFII) and Qualified Domestic Institutional Investor (QDII) systems are continuously optimized, expanding investment channels and quotas, which enhances cross-border financial integration [11][52]. - The establishment of cross-border financial services in strategic regions like the Yangtze River Delta and the Guangdong-Hong Kong-Macao Greater Bay Area is progressing, creating a multi-layered regional opening pattern [11][12]. Regulatory Reform - Financial regulatory reforms are being implemented, including the optimization of the qualified foreign investor system and the introduction of new policies to enhance the financial regulatory framework [11][12]. - The integration of finance and technology is deepening, forming a comprehensive financial support system for technological innovation throughout its lifecycle [11][12]. Future Outlook - Looking ahead to 2026, the focus will be on deepening institutional openness, aligning rules and standards with international practices, and promoting a more competitive and resilient modern financial system [12].

Group 1 - The core viewpoint is that bank stocks have seen a reduction in under-allocation, yet they still represent the largest under-allocation among all industries, indicating potential for future allocation as long-term incremental capital enters the market [1] - By 2026, the investment logic for bank stocks is expected to shift from purely dividend defense to a dual drive of "dividend + growth," maintaining their characteristics of high dividends and low valuations [1] - The decline in risk-free interest rates will continue to attract stable capital due to the bond-like attributes of bank stocks, while improved net interest margins, regional credit demand recovery, and growth in non-interest income will enhance the performance elasticity of quality banks [1] Group 2 - The Financial ETF (510230) tracks the 180 Financial Index (000018), which selects representative securities from the financial industry in the A-share market, covering sub-industries such as banking, insurance, and securities to reflect the overall performance of listed companies in the financial sector [1]

2026年春运大幕正式开启，鹰潭火车站迎来返乡客流高峰。为坚持以人民为中心的发展思想，切实 守护群众 "钱袋子"、提升旅客反诈防范意识、筑牢金融消费者权益保护防线，春运首日，中国人民银 行鹰潭市分行联合九江银行鹰潭分行、鹰潭铁路公安处鹰潭站派出所及铁路鹰潭车站，共同开展 "金融 安全共守护 全民反诈迎新春" 主题宣传活动。通过定点宣传、流动科普、媒体播报的多维联动模式，为 春运旅途筑起坚实的反诈防护屏障。 火车站进站通道LED屏持续滚动"全民反诈 人人有责"等宣传标语，车站广播循环播放注意事项， 贯穿旅客进出站全过程，潜移默化的温馨提醒，让反诈意识融入出行细节，时刻敲响安全警钟。鹰潭铁 路公安处鹰潭站派出所民警李林博表示："春运期间人员流动大、旅客警惕性易松懈，多部门联合宣传 能形成防控合力，通过这种接地气的方式，让反诈知识深入人心，护航广大旅客平安返乡、欢乐团 圆"。 流动科普全覆盖 精准提醒无死角 在售票处、候车大厅、出站口等客流密集区域，由民警和宣传员组成的流动宣传小分队灵活穿梭。 针对不同场景精准发声："陌生电话不轻信，陌生链接不点击""车次改签请走官方渠道，切勿轻信短信 链接""公共Wi-Fi慎连接 ...

Group 1 - The overall equity market experienced adjustments, with the Shanghai Composite Index declining by 1.27% to 4065.58 points, and the Shenzhen Component Index falling by 2.11% to 13906.73 points [8][10] - The convertible bond market showed weak fluctuations, with the China Convertible Bond Index rising by 0.05% and the Shanghai Convertible Bond Index decreasing by 0.36% [15][16] - The bond market saw most yields rise, with the 1-year government bond yield increasing by 2.08 basis points, while the 3-year, 5-year, 7-year, and 10-year yields decreased [18][19] Group 2 - The commodity futures market weakened overall, with significant declines in silver prices, which dropped by 9.06%, while gold prices increased by 1.65% [9][28] - The market for agricultural products showed mixed results, with CBOT soybeans rising by 4.75% and corn increasing by 0.58% [9][10] - The overall commodity index experienced a decline of 4.49%, with precious metals leading the drop at 17.11% [27][30]

在广西南宁，一句"友仔，吃粉去不"是街头最亲切的问候。一碗酸辣咸香的老友粉，一杯清新馥郁的茉 莉花奶茶，一锅温补暖身的马山黑山羊煲……这些不仅是南宁人的日常滋味，更是这座城市跳动的经济 脉搏。在热气腾腾的烟火气背后，有一股坚实的金融力量在默默"加柴添火"。其中，农行南宁分行以一 系列精准温暖的金融服务，为百姓餐桌"增色添香"。 花香是它的灵魂。这抹独一无二的清新源自"中国茉莉花之乡"横州市。农行横州市支行深耕于此，是花 农与产业的"芬芳守护者"。截至2025年末，该行信贷支持茉莉花茶产业上下游企业200多家，金额超3亿 元，资金用于从标准化种植、高效烘干到精油萃取的全产业链升级，让横州茉莉花不仅飘香茶盏，更化 身为高附加值的食品原料，成就奶茶杯里那口辨识度极高的"广西味"。 一碗河粉 "飘香"东南亚 "老友粉的灵魂，一半在料头，一半在粉。"在广西—东盟经济技术开发区老友粉产业园一家专注河粉生 产数十年的食品企业里，非遗技艺传承人正带领工人们忙碌。这里生产的正是许多南宁老友粉店指定的 品牌河粉，其传统技艺已被列入非物质文化遗产名录。 随着市场对品质要求的提升和订单的增长，企业急需资金升级设备、扩大产能，让这口传 ...