1月14日，央行官网发布公告称，为保持银行体系流动性充裕，2026年1月15日，中国人民银行将以固定 数量、利率招标、多重价位中标方式开展9000亿元买断式逆回购操作，期限为6个月（181天）。 数据显示，1月有6000亿6个月期买断式逆回购到期。由此，央行1月15日开展9000亿元买断式逆回购操 作，意味着当月6个月期买断式逆回购加量续作，加量规模3000亿元，为6个月期买断式逆回购连续第五 个月加量续作，加量规模较上月增加1000亿元。 值得注意的是，受稳增长政策发力显效及外需韧性较强等带动，2025年12月官方制造业PMI指数大幅回 升至扩张区间，短期内逆周期调节政策加码需求或有所下降，加之1月央行仍在通过买断式逆回购向市 场注入中期流动性，央行降准预期也可能相应推迟。 图片来源：IC photo 来源：北京日报客户端 记者：潘福达 东方金诚首席宏观分析师王青认为，央行此次操作背后的主要原因在于，为保障重点领域重大项目资金 需求，巩固拓展经济回升向好势头，2026年新增地方政府债务限额已提前下达，这意味着2026年1月会 有一定规模的政府债券开闸发行。另外，2025年10月5000亿元新型政策性金融工具 ...

【导读】央行将开展9000亿元买断式逆回购操作 东方金诚首席宏观分析师王青指出，1月两个期限品种的买断式逆回购合计加量续作3000亿元，加量规模较上月增加1000亿元，为央行连续第8个月通过买 断式逆回购向市场注入中期流动性。 他分析主要原因有二：一是为保障重点领域重大项目资金需求，巩固拓展经济回升向好势头，2026年新增地方政府债务限额已提前下达，意味着2026年1 月会有一定规模的政府债券开闸发行；二是2025年10月5000亿元新型政策性金融工具投放完毕后，还会继续带动今年1月配套贷款较大规模投放，放大信 贷"开门红"效应。 "着眼于应对潜在的流动性收紧态势，央行通过买断式逆回购向银行体系注入中期流动性，能够引导资金面处于较为稳定的充裕状态。"王青表示，这在助 力政府债券发行，引导金融机构加大货币信贷投放力度的同时，也在释放数量型政策工具持续加力的信号，显示货币政策延续支持性立场。 展望后续，王青认为，1月央行会综合运用买断式逆回购、MLF两项政策工具，持续向市场注入中期流动性。这是2026年货币政策延续"适度宽松"基调、 保持流动性充裕的具体体现。不过，1月中期流动性加量规模也可能延续2025年12月 ...

记者丨叶麦穗 编辑丨肖嘉 白银成为2026年开年"最靓的仔"。 1月14日，现货白银（伦敦银现）一口气突破90美元/盎司和91美元/盎司两个重要整数关口。截至北京时间16：30分（下同），最高触及91.531 美元/盎司。 拉长时间线，今年以来，白银最高涨幅已经达到28%。如果从2025年算起，白银的涨幅更是超过210%。 巨大的涨幅，让白银投资者赚得盆满钵满。 日前，广州一家在港股上市的物业公司公告称，该公司已经清仓白银，获利2.47亿元。 投资6年大赚2 . 4 7亿元 1月12日晚间，港股上市公司祈福生活服务公告称，已下单交易28万安士（安士即盎司，后文统一为盎司）银条，总代价约1.62亿元，预计收 益1.04亿元；该公司此前于1月7日下达40万盎司银条出售指令，1月9日公告完成交易并获利1.43亿元。 祈福生活服务的银投资始于2020年。 2020年2月底，公司通过香港渣打银行分批次购入80万盎司银条，累计斥资1.03亿元，折算下来平均成本仅为每盎司128.75元。 不过投资并不是一帆风顺，2021年，公司持有的银条公允价值出现约2124万元亏损，但管理层并未慌神，而是在2022年择机套现50万盎司， ...

中国人民银行已连续第8个月开展买断式逆回购加量续作。东方金诚首席宏观分析师王青认为，中国人 民银行开展买断式逆回购操作，显示出货币政策延续支持性立场，有助于开年政府债券发行，并助力金 融机构加大信贷投放。（记者任军、吴雨） 中国人民银行1月14日发布消息称，为保持银行体系流动性充裕，中国人民银行将于1月15日以固定数 量、利率招标、多重价位中标方式开展9000亿元买断式逆回购操作，期限为6个月（181天）。 记者了解到，1月份将有6000亿元6个月期买断式逆回购到期。这意味着，15日中国人民银行将开展的买 断式逆回购操作是加量续作，加量规模3000亿元。 ...

交银国际(03329)发布公告，于2026年1月13日，Preferred Investment于场外市场以购买价100美元收购本 金额为1000万美元的CSI票据，代价约为1000万美元。 ...

Core Insights - Beijing CBD is set to upgrade its consumption formats and establish an International Consumption Central Vitality Zone (CAZ) by 2026, promoting immediate tax refund services for outbound tourists and creating a matrix of cultural IP and international consumption experience activities [1] Group 1: Economic Development - The Beijing CBD has established a trillion-yuan scale international business district, significantly contributing to the economy during the 14th Five-Year Plan period, with tax revenue from functional areas steadily increasing, accounting for over 60% of the total district revenue [3] - The number of foreign-funded enterprises in the Beijing CBD exceeds 10,000, representing over 60% of the district, with 125 regional headquarters of multinational companies, accounting for over 70% of the district [3] - The CBD has maintained a card consumption amount exceeding 120 billion yuan for three consecutive years, ranking first in the city, and has improved its international ranking, being recognized as the top in China's central business district consumption competitiveness for three years [3] Group 2: Legal and Business Integration - Beijing CBD aims to create a high-level open window area and an international legal-business integration demonstration zone, leveraging its strong economic vitality and solid legal service foundation [4] - The district is conducting pilot tests in commercial arbitration, intellectual property protection, and cross-border data flow, establishing a legal service matrix involving multiple judicial and arbitration institutions [4][5] - The focus will be on enhancing comprehensive service efficiency and innovative development, including pilot projects for joint operations between domestic and foreign law firms [5] Group 3: Innovation and Infrastructure - The district is innovating the development of a new quality productivity integration demonstration zone, attracting platform headquarters and leading enterprises, and expanding application scenarios [6] - Plans include accelerating the construction of an international financial gathering area, attracting notable financial institutions, and enhancing financial services for various sectors [6] - By 2026, the Beijing CBD will promote the construction of international consumption experience zones, upgrade consumption formats, and optimize the international consumption environment, including the introduction of immediate tax refund services for outbound tourists [6]

面对特朗普对美联储的刑事起诉威胁，除了日本央行，全球央行行长们力挺鲍威尔。分析师认为这暴露 了日本政府不敢得罪美国的微妙心态…… 日本央行缺席了声援美联储主席鲍威尔的央行行长名单，这反映出其对政治的回避，以及在提前大选临 近之际，日本政府不愿得罪美国的心理。 据两位政府消息人士透露，为了显示此事的敏感性，日本央行曾非正式地咨询政府是否签署联合声明， 但官员们没能及时给出肯定的答复。 一位因事态敏感而要求匿名的消息人士称："我们不能立即答应的原因，部分在于我们与美国的关系。" 日本央行发言人拒绝置评。日本政府最高发言人木原稔周三也拒绝置评，称此事属于央行职权范围。 周二，全球多国央行行长发表了一份罕见的联合声明，与鲍威尔肩并肩站在一起。此前特朗普政府威胁 要对他进行刑事起诉——这表明他们担心此举可能危及全球央行的独立性。 尽管日本央行行长植田和男一直强调独立性的重要性，但他始终避免对美国总统特朗普攻击美联储的行 为发表评论。 分析人士指出，日本央行决定不签署声明，符合其长期以来对争议性和政治性话题保持沉默的惯例，这 可能源于日本历史上政治干预货币政策的传统。 一些分析人士还表示，这可能也反映了日本央行希望避免卷 ...

Group 1 - The core announcement states that First Credit Financial Group Limited will have its listing status canceled by the Hong Kong Stock Exchange effective from January 16, 2026, at 9:00 AM [1]

Core Viewpoint - Shanghai Industrial Holdings (00363) has entered into a financial services agreement with Shanghai Industrial Finance, which will provide deposit, credit, and other financial services for a period not exceeding three years starting January 14, 2026 [1][2] Group 1: Financial Services Agreement - The agreement allows the group to obtain financial services on terms no less favorable than those from other independent major commercial banks or financial institutions, including interest rates [2] - The preferential interest rates on deposits are expected to enhance the group's earnings returns [2] - The service fees and costs charged by Shanghai Industrial Finance are competitive and cost-effective, which will reduce the group's financial costs [2] Group 2: Financial Stability and Benefits - Shanghai Industrial Finance has maintained a robust capital adequacy ratio and liquidity ratio as of December 31 for the years 2022, 2023, and 2024, and from January 1, 2025, to September 30 [2] - Since its establishment in 2014, Shanghai Industrial Finance has not experienced any non-performing loans [2] - The use of financial services from Shanghai Industrial Finance is expected to create synergies, leading to a deeper understanding and relationship, resulting in more convenient and efficient services compared to those offered by other commercial banks or financial institutions [2]

Group 1 - The company Shanghai Industrial Holdings (00363) has entered into a financial services agreement with Shanghai Industrial Finance, effective January 14, 2026, for a period not exceeding three years [1] - The board believes that utilizing the financial services provided by Shanghai Industrial Finance is beneficial, as the group can obtain services on terms (including interest rates) no less favorable than those from other independent major commercial banks or financial institutions [2] - The preferential interest rates on deposits are expected to enhance the group's earnings returns, while competitive service fees and costs will reduce the group's financial expenses [2] Group 2 - Shanghai Industrial Finance has maintained a robust capital adequacy ratio and liquidity ratio as of December 31 for the years 2022, 2023, and 2024, and from January 1, 2025, to September 30, 2025 [2] - Since its establishment in 2014, Shanghai Industrial Finance has not experienced any non-performing loans [2] - The expected use of financial services from Shanghai Industrial Finance is anticipated to create synergies, leading to a deeper understanding and relationship with the company, resulting in more convenient and efficient services compared to those offered by other commercial banks or financial institutions [2]