2026 年 1 月 13 日至 14 日，瑞银集团在上海举办第 26 届瑞银大中华研讨会（GCC）。本届研讨会 以"新前沿：识变局,，谋增长"为主题，吸引超过3600名与会者，其中包括2300余位来自全球的机构投 资者、主权财富基金、家族办公室代表及私人投资者。大会期间，超过300家领先的中国企业也参与交 流，相关企业合计市值约为 4.3 万亿美元。 瑞银集团首席执行官安思杰 (Sergio P. Ermotti) 在上海为今年的研讨会致欢迎辞。他表示："中国是瑞银 集团的战略市场之一。中国经济展现出的韧性，在先进制造、人工智能等领域不断释放的创新动能，以 及其稳步提升的资本市场全球影响力都为全球投资者带来了新的机遇。大中华研讨会为客户提供了洞察 中国未来增长趋势的前瞻性窗口——这也体现了瑞银持续推动全球资本与中国发展机遇深度连接的长期 承诺。" 2025 年，中国跨境资本市场活动明显回暖，国际机构投资者持续加码配置中国股票。与此同时，中国 内地企业赴港上市步伐加快，截至2025年12月底，中国香港市场共有111家中国内地企业完成首次公开 发行（IPO），发行后合计市值达5623亿美元。 瑞银集团中国区总裁 ...

Core Insights - The A-share market showed mixed performance on Wednesday, with the Shanghai Composite Index closing down by 0.31%, while the Shenzhen Component Index and the ChiNext Index rose by 0.56% and 0.82% respectively. The total trading volume in the Shanghai and Shenzhen markets reached 39,411.26 billion yuan [2][8] - In terms of sector performance, the computer, comprehensive, and communication sectors led the gains, while the banking, real estate, and non-bank financial sectors experienced declines. Notably, the concepts of Xiaohongshu, Pinduoduo, and Kuaishou saw significant increases, whereas the special town, titanium dioxide, and duty-free shop concepts faced notable declines [2][8] - The Hong Kong market also saw positive movement, with the Hang Seng Index and the Hang Seng Technology Index both rising by 0.56% and 0.66% respectively. Conversely, the U.S. markets experienced a collective decline, with the Dow Jones down by 0.09%, the S&P 500 down by 0.53%, and the Nasdaq down by 1% [2][8] Important News - The China Securities Regulatory Commission approved an adjustment to the financing margin ratio for the Shanghai and Shenzhen Stock Exchanges, increasing the minimum margin ratio for investors financing the purchase of securities from 80% to 100%. This adjustment applies only to new financing contracts, while existing contracts will continue under previous regulations. Analysts suggest that this increase aims to lower leverage levels and protect investors' rights, promoting long-term market stability and health [3][8]

Group 1 - The agricultural commercial bank sector experienced a decline of 0.94% on January 15, with Hu Nong Commercial Bank leading the drop [1] - The Shanghai Composite Index closed at 4112.6, down 0.33%, while the Shenzhen Component Index closed at 14306.73, up 0.41% [1] - The trading volume and turnover for various agricultural commercial banks are detailed in a table, showing mixed performance among individual stocks [1] Group 2 - The net outflow of main funds from the agricultural commercial bank sector was 42.961 million yuan, while retail funds saw a net outflow of 56.997 million yuan [1] - The table of fund flows indicates that some banks, like Changshu Bank and Zhangjiagang Bank, had positive net inflows from retail and speculative funds, while others like Yunnan Agricultural Bank and Jiangyin Bank faced significant outflows [2] - Specific data shows that Changshu Bank had a main fund net inflow of 8.1314 million yuan, while Yunnan Agricultural Bank had a net outflow of 25.5857 million yuan [2]

Group 1 - The core viewpoint of the news is that the state-owned large bank sector experienced a decline of 1.11% on January 15, with Agricultural Bank leading the drop [1] - The Shanghai Composite Index closed at 4112.6, down 0.33%, while the Shenzhen Component Index rose by 0.41% to 14306.73 [1] - The trading performance of individual state-owned banks showed varying results, with Agricultural Bank falling by 2.01% to a closing price of 7.33 [1] Group 2 - The net outflow of main funds from the state-owned large bank sector was 159 million yuan, while retail investors saw a net inflow of 242 million yuan [1] - The detailed fund flow data indicated that Industrial and Commercial Bank had a main fund net inflow of 346 million yuan, while Agricultural Bank had a significant main fund net outflow of 462 million yuan [2] - The retail investor net inflow for Agricultural Bank was 302 million yuan, indicating strong retail interest despite the overall sector decline [2]

Group 1 - The banking sector experienced a decline of 0.37% on January 15, with Everbright Bank leading the drop [1] - The Shanghai Composite Index closed at 4112.6, down 0.33%, while the Shenzhen Component Index rose by 0.41% to 14306.73 [1] - The trading volume and turnover for various banks showed mixed results, with CITIC Bank closing at 7.63, up 0.39%, and Everbright Bank at 3.38, down 1.46% [1] Group 2 - The net outflow of main funds from the banking sector was 38.51 million yuan, while retail investors saw a net inflow of 42.9 million yuan [1] - The detailed fund flow data indicated that Industrial Bank had a net inflow of 13.72 million yuan from main funds, while CITIC Bank had a net outflow of 12.12 million yuan [2] - Retail investors showed varying trends, with CITIC Bank experiencing a net outflow of 7.91 million yuan, while Industrial Bank had a net inflow of 23.6 million yuan [2]

每经AI快讯，1月15日，国瓷材料（300285）(300285.SZ)公告称，公司近日取得中国民生银行股份有限 公司东营分行出具的《贷款承诺函》，同意为公司提供本次回购公司股份专项贷款融资支持，贷款额度 不超过人民币18,000万元，贷款期限为36个月，担保方式为信用。该事项不构成关联交易，亦不构成重 大资产重组，不会对公司的经营业绩产生重大影响。 ...

渣打集团(02888)发布公告，于2026年1月14日，该公司斥资996.13万英镑回购54.13万股股份。 ...

按美元计值，2025年12月，银行代客涉外收入8244亿美元，对外付款7109亿美元。2025年1-12月，银行 代客累计涉外收入79725亿美元，累计对外付款76704亿美元。 2025年12月，银行代客涉外收入58197亿元人民币，对外付款50186亿元人民币。2025年1-12月，银行代 客累计涉外收入569405亿元人民币，累计对外付款547906亿元人民币。 本文编选自"国家外汇管理局"官网，智通财经编辑：刘家殷。 智通财经APP获悉，国家外汇管理局统计数据显示，2025年12月，银行结汇22446亿元人民币，售汇 15382亿元人民币。2025年1-12月，银行累计结汇185227亿元人民币，累计售汇171314亿元人民币。按 美元计值，2025年12月，银行结汇3180亿美元，售汇2179亿美元。2025年1-12月，银行累计结汇25949 亿美元，累计售汇23983亿美元。 ...

Group 1 - The core point of the article is that Songdu Service (09608.HK) has announced a strategic move to utilize its idle funds for better returns by entering into structured deposit agreements with China Minsheng Bank [1] Group 2 - The company’s subsidiary, Hangzhou Qiyu, will invest RMB 9.9 million in a structured deposit product [1] - Another subsidiary, Zhejiang Hechen, will invest RMB 16 million in a structured deposit product [1] - The agreements are aimed at optimizing the use of the group's internal funds [1]

摩通认为，中信银行2025年全年净利润同比增长3%，符合摩通预期，但较市场预高出2%。第四季计， 净利润增长3%，但营业利润表现超出预期，同比增长9%，分别较该行和市场预期的第四季估计高出5% 和2%，带来惊喜。 智通财经APP获悉，摩根大通发布研报称，预计中信银行(00998)2026年营收增速将转正，全年利润增长 保持稳定，重申对其H股"增持"评级。目前中信银行H股交易于预测2026年于0.45倍市账率，对应9.1% 的ROE以及5.9%的股息率，估值仍处于相对吸引水平。目标价8.85港元。 ...