以上理财产品信息仅供参考，具体应以《产品说明书》等销售文件为准。本文不构成任何投资建议，投 资者据此操作，风险自担。 注：业绩比较基准不是预期收益率，不代表产品的未来表现和实际收益，不构成对产品收益的承诺。 2月24日，据法巴农银理财披露，该公司发行的珐琅金固收增强封闭式C029期认购期为2026年2月24 日-2026年3月5日，产品发行规模上限为10亿元。产品类型为固定收益类，风险评级结果为中低风险， 理财期限447天，业绩比较基准（年化）为2.25%-3.15%。 ...

Group 1 - The company Huizhong Financial has launched a fixed-income wealth management product, the 2607th issue of its trend guide, with a subscription period from February 24, 2026, to March 4, 2026 [1] - The maximum fundraising scale for this product is set at 5 billion RMB, with a minimum subscription amount of 1 RMB [1] - The product has a risk rating of PR2 and a duration of 378 days, with a performance benchmark of 2.50%-3.00% annualized [1]

理财产品净值经历"过山车" 近期，理财产品净值震荡引发投资者关注。小伟在1月底购买了某国有大行理财公司的多款产品，连续 几天的产品净值回撤让他的账户产生了浮亏。 以小伟持仓较多的一款固收增强型产品为例，产品风险等级为R2（中低风险级），投资类型属于"固收 +"。1月15日至1月29日，该产品的净值从1.1124涨至1.1223，增长曲线陡峭；在随后的1月30日、2月2日 两个交易日里，净值从1.1223回撤到1.1138，让不少投资者大呼意外。小伟在1月底买入这款产品，恰好 经历了其净值回撤。 理财净值化驶入深水区 "稳稳的幸福"悄然退场 "最近绿的天数有点多。"理财产品投资者小伟说道。春节前，包括黄金、权益在内的多个市场出现震 荡，理财产品净值随之波动。另外，今年以来理财净值化转型不断深化，产品净值随市场波动已成常 态，这让一些预期能稳稳盈利的投资者不太适应。 中国证券报记者调研发现，在债市低利率的背景下，理财产品通过"多资产、多策略"方式增厚收益。但 净值化转型与资产价格波动加大，正让投资者经历一个必要的市场波动学习期。业内人士表示，市场经 历的许多短期调整，往往是长期向上趋势的组成部分。投资者不妨对理财 ...

"十五五"时期是我国基本实现社会主义现代化的关键时期，宏观政策协同发力，以新质生产力引领的产业升级预计将成为贯穿这一发展阶段的主线。面对 宏观环境的深刻变化与行业的结构性转型，理财公司必须立足时代方位、洞察发展大势，坚守为民理财的初心，才能把握机遇，切实履行助力实体经济发 展与居民财富稳健增值的双重使命。 随着我国进入低利率时代，银行理财产品对投资者的吸引力显著增强，银行理财发展呈现良好态势。根据银行理财登记托管中心1月23日发布的数据，截 至2025年末，全国银行理财市场存续规模达33.29万亿元，充分显示出银行理财在全市场资管板块的重要性。从行业发展看，主要呈现以下态势：一是理 财产品完全净值化转型已基本完成。资管新规实施以来，银行理财净值化转型步伐不断加快。在监管有力推动下，理财行业"真正净值化时代"来临，正在 深刻重塑行业生态。二是行业集中度持续提升。全球资管行业呈现较高集中度的"头部效应"。随着理财销售渠道进一步多元融合，市场份额向头部机构集 聚的趋势预计将延续。三是产品策略逐步拓展。在低利率环境下，基于客户需求，理财公司将在固收类产品为核心盘的基础上丰富产品线，布局多资产多 策略产品，在市场变化中 ...

（来源：经济日报） 登录新浪财经APP 搜索【信披】查看更多考评等级 兴银理财也于2月5日公告，将"稳添利日盈增利6号日开固收类理财产品"的业绩比较基准由年化2％至 2.70％，变更为"人民银行7天通知存款利率"，变更将于2月9日生效。公告指出，若原投资者不接受变 更，可在生效日前按原约定赎回；若继续持有，则视为同意。 此次调整核心源于信披新规要求：资产管理产品披露业绩比较基准的，产品管理人应当保持产品业绩比 较基准的连贯性，原则上不得调整业绩比较基准。 此前理财产品的业绩比较基准多为区间型基准，固收类产品的基准测算主要依据当前市场利率水平、组 合目标久期、可投资债券静态收益率及债券杠杆操作等因素。但近年来，受市场利率持续下行影响，理 财公司频繁下调业绩比较基准，这一操作与信披新规的要求不符。 多位业内人士进一步向记者解读了此次"换锚"的核心逻辑。"监管禁止的是'随意调整'，比如将明确的数 值型基准从2.0％随意下调至1.5％，这类操作会损害投资者预期。"将基准挂钩存款利率、债券指数等， 使其动态反映市场变化，是契合新规、减少被动调整的关键。 从具体实践来看，招银理财2月5日公告，将"招睿日开30天滚动持有1 ...

Core Viewpoint - The year 2026 is expected to present clearer structural opportunities in the capital market, driven by both external and internal economic factors [2][3]. Economic Outlook - China is entering a new development phase characterized by structural changes and resilience in total economic output, with significant contributions from both external and internal environments [2]. - The external environment remains uncertain due to global supply chain restructuring and geopolitical fluctuations, but advancements in artificial intelligence and interest rate reductions in Western economies are favorable for global economic growth [2]. - Internally, China is focused on high-quality development, with steady progress in industrial upgrades and technological independence, leading to a balanced improvement in both quality and quantity of economic growth by 2026 [2]. Capital Market Insights - The bond market is expected to continue a low volatility pattern, emphasizing the need for interest rate trading and credit spread opportunities [3]. - The equity market may experience an upward trend in valuations due to ongoing financial market reforms and increased access for medium to long-term capital, with potential for significant opportunities in hard technology and advanced manufacturing sectors [3]. - Specific sectors benefiting from gradual price recovery and stable cash flows, particularly those with high dividend yields, are anticipated to show strong investment value [3]. - The commodity market, particularly precious metals, is expected to perform well due to global inflation, geopolitical risks, and central bank gold purchases [3]. Company Strategy - The company maintains a positive long-term outlook on the Chinese economy and a favorable investment perspective for 2026, focusing on creating customer value and supporting the real economy [4]. - The company aims to identify and capitalize on key investment opportunities while managing risks, emphasizing a long-term view and professional capabilities [4].

（原标题：中银理财总裁崔海涛：以专业践初心，以匠心守财富） 律回春晖渐，骏业新启程。回望过往，我们与您同心致远、共赴华章，依托国有大行的深厚底蕴与稳健 根基，兼具市场化资管机构的专业活力与创新动能，伴您穿越市场周期、守护财富安盈。中银理财自成 立以来，始终为投资者创造优质收益，积极做好"五篇大文章"，服务于投资者财富管理和实体经济融资 需求。时序更替，2026年作为"十五五"规划开局之年，宏观经济稳中向好，资本市场万象更新，蕴藏着 全新机遇和时代回响。 展望宏观经济运行趋势，国际形势在大国博弈中深刻演变，我国经济基础稳、优势多、韧性强、潜力 大，全要素劳动生产率和产业竞争力有望继续提升，科技自立自强将迈向新征程。供给端，经过前期发 展，我国已经建立起全球规模最庞大、门类最齐全、配套最完善的产业体系，产业链供应链优势将长期 存在；需求端，在深入实施提振新消费专项行动、投资于物和投资于人紧密结合等政策支持下，经济潜 能有望进一步挖掘，不断巩固拓展经济稳中向好势头。宏观经济稳健回升也为金融市场提供了广阔的发 展空间，为投资者带来更多投资机遇。 四是依托专业力量，把握时代机遇。面对复杂的市场环境，选择专业的研判与陪伴 ...

Core Insights - The article highlights the strong performance of "fixed income + equity" products in a volatile market, with a focus on the leading product from Xingyin Wealth Management, which has shown significant returns and low volatility [1][2][3]. Group 1: Market Overview - The bond market in 2026 is characterized by low interest rates, high volatility, and structural differentiation, leading to a fluctuating market environment [1]. - The equity market, particularly A-shares, has experienced rapid sector rotation and significant structural differentiation, increasing the difficulty of single-asset investments [1]. Group 2: Product Performance - Xingyin Wealth Management's "Fengli Xingdong Multi-Strategy Resource Advantage 3-Month A" product achieved a net value growth rate exceeding 7% over the past year, with a maximum drawdown of less than 1% and an annualized volatility of only 1.38% [2][3]. - The product's performance significantly outperformed its benchmark, which had a fluctuation of only 1.6% during the same period [3]. Group 3: Investment Strategy - The product aims for relative returns and employs a balanced asset allocation strategy, focusing on cyclical and technological sectors that are currently in the market's spotlight [5]. - The management team emphasizes a diversified approach to asset allocation, avoiding over-reliance on any single industry or growth driver [4][5]. Group 4: Asset Scale and Trust - The product has an asset scale exceeding 2.248 billion, making it one of the larger and more trusted products in its category, achieving both performance and scale excellence [4]. - The product's strategy allows it to adapt to market changes and macroeconomic cycles, providing a more resilient investment option for investors [6].

距离《银行保险机构资产管理产品信息披露管理办法》正式施行仅剩约半年时间，中国证券报记者从多 家理财公司处获悉，定期报告编制成为主要承压环节。究其原因，系定期报告豁免条款收紧、披露颗粒 度细化，导致机构人力成本与系统改造成本攀升。此外，多家理财机构透露，目前已完成对原有信息披 露系统的升级评估并启动初步改造工作，但系统改造的全面落地仍需等待行业统一标准与模板发布。 尽管行业短期面临整改压力，但从长期来看，统一、透明、高效的信息披露，将为理财行业提升营销服 务水准、锤炼核心投资能力、夯实高质量发展根基提供坚实支撑。这背后是监管端强化约束、基础设施 端提速建设、行业端主动探索的三方聚力。 ● 本报记者 李静 定期报告编制为主要承压点 记者采访多位业内人士了解到，目前行业整体对办法顺利实施持乐观态度。"去年5月，国家金融监督管 理总局就办法草案公开征求意见，彼时多家机构就部分操作性存疑的条款提交反馈意见。从最终发布的 版本来看，监管部门对前期意见采纳度较高，规则的可操作性明显增强。"某理财公司运营管理部人士 说。 "去年征求意见稿发布后，我们就完成了系统改造的整体评估与立项。办法出台后，相关开发工作已陆 续启动，但全 ...

Core Viewpoint - The article emphasizes the importance of personal pension accounts for long-term retirement planning, highlighting tax benefits and exclusive investment products designed for steady accumulation over time [2][3]. Group 1: Investment Products - The "Beijia Target Risk Stable Fixed Income Product" offers a minimum holding period of 365 days with an annualized return of +3.95% since its inception on July 18, 2023, until December 31, 2025 [3]. - The "Jianxin Excellent Progress Pension Target Five-Year Holding Fund" has shown a one-year return of +22.19%, indicating strong performance in the market [3][6]. Group 2: Promotional Offers - New subscribers to personal pension accounts can enjoy five promotional benefits, including rewards for initial deposits and referrals, aimed at encouraging participation [4][5]. - Specific rewards include up to 88 yuan for first-time deposits and additional bonuses for reaching certain deposit thresholds, enhancing the attractiveness of the pension account [4][5]. Group 3: Performance Metrics - The "Jianxin Excellent Progress Pension Target Five-Year Holding Fund" achieved net value growth rates of 12.61% and 22.19% for the years 2024 and 2025, respectively, outperforming its benchmark rates of 11.62% and 15.23% [6].