26.02.27 基金亏损98元～ 场内买入270元。 场内盈收32元；场外亏损130元。 10,203.70 +191.21 星期五 日收益 场外 -130.34 2026-02-27 ( 历史收益 > 搜狐号@土拘爱学习 " 尝到了一点小甜头 » 1 今日盈亏金额 场内 +32.24 搜狐号@土狗爱学习 ...

● 本报记者 石诗语 "2026年我们将着力强化财富管理与综合金融服务能力，提升中收对营收的支撑。做大财富管理、资产 托管、投行等轻资本业务，优化收入结构，应对息差压力。"某股份行北京分行相关负责人向中国证券 报记者表示。 这一变化也直接体现在银行基层考核导向的调整中。"今年已明确调整了零售考核指标，比较明显的变 化是，存款的指标权重和任务量下降了，理财、基金、保险、信托等产品的销售任务增加了，私行客户 的拉新和AUM提升任务加重。"某国有大行北京地区某支行零售业务负责人说。 此外，组织架构的调整也成为银行加码财富管理的重要举措。去年12月，交通银行（601328）副行长周 万阜在出席活动时表示，交行在总行层面已成立财富管理部，进一步强化财富金融特色，提升客户服务 能力。 息差承压倒逼转型 谈及银行加大财富管理业务布局的原因，业内人士认为，净息差持续承压，倒逼银行盈利模式转型，推 动银行盈利结构从"利息依赖型"向"多元均衡型"转变，增强盈利稳定性和抗周期能力。同时，随着居民 财富持续积累，由储蓄为主转向多元资产配置的进程已然开启，财富管理市场前景广阔。 国家金融监督管理总局最新披露数据显示，2025年四季度商 ...

Core Viewpoint - The recent suspension of real-time fund valuation by various third-party financial platforms has raised concerns among investors about how to make informed investment decisions without access to real-time data [1]. Group 1: Suspension of Real-Time Valuation - Multiple third-party platforms have removed the real-time valuation feature for funds, now only displaying the previous day's net value [1]. - The regulatory authorities mandated the removal of real-time valuation features to prevent misleading investors, as discrepancies exist between real-time estimates and actual net values [1]. Group 2: Alternative Investment Strategies - Investors can estimate the daily valuation of funds by monitoring the performance of corresponding indices, such as using the Shanghai and Shenzhen 300 Index for index funds [3]. - For industry-themed funds, investors should track the relevant industry indices, while bond funds can refer to the China Bond Composite Index [3][4]. - It is suggested that investors focus on the investment strategy, long-term performance, and risk management of the fund rather than short-term fluctuations [4].

26.02.26 基金亏损65元 ~ 场外买入200元。 场内亏损76元；场外盈收11元。 11.93 好 +11.70 > +818 总资产 > ◎ | 仓位 98.5% 星期四 日收益 场外 +11.70 2026-02-26 ( 历史收益 > 搜狐号@土狗爱学习 » 留得青山在, 一定有柴烧 \\\ 今日盈亏金额 -76.70 搜狐号@土狗爱学习 场内 10,060.98 证券市值 2 9,905.50 +158.97 ...

来源：@华夏时报微博 华夏时报记者 张萌 卢梦雪 北京报道 春节假期刚过，银行网点迎来了一波存款高峰。 "开工第一天就来存钱，没想到人这么多。"在上海工作的"90后"小宇拿着过年剩下的现金准备存入银行。他常去 的那家网点大厅里人头攒动，等候区的座位早已坐满。排队的人群中，以中老年人为主，也有不少家长带着孩子 来存压岁钱。柜员不得不提高嗓门询问："有没有办其他业务的？可以到这边来！"但响应者寥寥，绝大多数客户 都是来存款的。 付一夫向记者表示，银行普遍将一季度视为全年业务的"开门红"阶段，抢占这一窗口期对全年业绩至关重要。当 前环境下，银行更倾向于通过"资产配置礼"而非单纯提高存款利率来吸引资金，原因有二：一方面，存款利率已 处于较低水平且持续下行，单纯靠利率竞争空间有限且会进一步压缩银行息差；另一方面，"资产配置礼"能够引 导客户资金从存款转向理财、基金、保险等多元产品，既有助于银行提升中间业务收入，也能通过资产配置服务 增强客户黏性，符合零售业务向财富管理转型的大趋势。 排队间隙，小宇被大厅里一块醒目的"资产配置有礼"宣传板吸引，他顺手扫码看了看活动详情。"现在定存利率不 高，不如先把钱转入理财，把银行送的 ...

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！ 要点 存款如何"搬家"，是居民部门根据自身情况综合考虑各金融资产的风险性、收益性和流动性之后的选择 结果。 责任编辑：杨红卜 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！ 作者 | 谢亚轩招商证券研发中心负责人 以银行定期存款方式形成的数十万亿规模的居民财富在2026年陆续到期，考虑存款利率下降至低位和资 本市场日趋活跃的现实，有研究认为会有一定规模的到期银行存款"搬家"去购买股票、债券、基金、保 险等金融产品。银行存款是否会"搬家"，搬多少，搬到哪里去，有许多不同观点。本质上，这是中国居 民部门资产选择特别是金融资产选择的问题。 中国社科院国家资产负债表研究中心负责编制中国非金融企业部门资产负债表，根据国民经济核算体系 的原则，中国居民部门的金融资产主要包括：通货和存款、债券、股票和股权、证券投资基金份额（包 括银行理财产品）、保险（社会保险和商业保险）五大类，2022年末占比分别为50.2%、8.8%、 19.5%、11.7%和9.8%。换言之，如果我们不考虑居民部门的银行存款选择购买房地产或者黄金等实物 ...

Group 1 - Public funds are preparing for a significant market entry with nearly 140 new funds expected to bring in around 100 billion yuan [1] - Fund managers believe that incremental capital, trends in the technology sector, and expectations of interest rate cuts by the Federal Reserve will support the A-share market [1] - Public funds are actively positioning themselves in the Hong Kong stock market, focusing on technology and cyclical sectors [1] Group 2 - Insurance funds are expected to continue increasing their equity market allocations in 2026, with a record high stock allocation reported [2] - A survey of 127 insurance institutions indicates a generally optimistic outlook for the A-share market in 2026, with plans for slight increases in stock allocations [2] - Many insurance institutions plan to maintain their current allocation ratios for bank deposits, bonds, and other financial assets [2] Group 3 - Several domestic and international companies have announced price increases for semiconductor products due to rising raw material costs, with increases starting at 10% [3][4] - The demand for AI is driving a broad price increase for passive components, with major manufacturers discussing price hikes for MLCCs [3][4] Group 4 - Aston Martin is implementing significant measures including a 20% workforce reduction and a permanent sale of its F1 team naming rights due to financial losses [5] - The company reported a 10% decline in wholesale sales and a 21% drop in revenue for the fiscal year 2025 [5] Group 5 - Longfor Group announced the sale of its UK power network business for over 110 billion HKD, aiming to use the proceeds for future investments [5] - The sale involves three companies under the Longfor Group, with significant accounting gains expected from the transaction [5] Group 6 - Nvidia reported fourth-quarter revenue of $68.1 billion, a 73% year-over-year increase, exceeding market expectations [6] - The company anticipates first-quarter revenue between $76.44 billion and $79.56 billion, also above market estimates [6] Group 7 - Transsion Holdings reported a 4.5% decline in revenue for 2025, with net profit down 53.43% due to increased competition and rising supply chain costs [12] - The company's total assets decreased by 1.55% compared to the beginning of the year [12] Group 8 - Ankai Microelectronics reported a revenue increase of 1.87% for 2025, but a net loss of 139 million yuan due to competitive pressures and increased financial costs [11] - The company faced challenges with asset impairment losses and increased R&D expenses impacting profitability [11]

最近本号受获得了很多新读者的关注。考虑到不少朋友还是新手，为了让大家读文章、看讨论时不再一 头雾水，今天小编就用最直白的大白话，把理财圈里那些常用"黑话"和概念捋一遍。懂了这些，你的理 财体验将提升一个档次，至少不会因为听不懂暗语而心慌慌。 在之前的文章《建仓、加仓、减仓、清仓是什么意思？你投资的"仓"在哪里？》里，我们聊过关 于"仓"的那些事儿。这个概念是基础中的基础，咱们再快速回顾一下。 仓位，是指你拿出来去买基金或股票的资金总额，大家习惯把全部可投资的钱分成十份，一成仓位就是 用了10%的钱买了产品。 空仓：就是一点都没买，账户里全是现金，投资者处于观望状态。 理解了"仓"这个核心，我们再看看在具体操作过程中，常出现的那些词，背后都是血泪教训和经验总 结。 投资了50%左右的钱，拥有了五成仓位的股票和基金，就叫半仓，这时候算是中度参与了，但手里弹药 还比较充足。这种仓位比较中庸，兼顾了风险和收益，不至于太激进，也不会因为过于保守而错过机 会。 当你买得越来越多，超过了投资资金的七成，就处于重仓状态了。如果把所有钱都买成了股票或基金， 那就是全仓，也叫满仓，意味着你已经押上了全部身家，后面涨跌全靠它了。 ...

Core Viewpoint - The article discusses the potential "migration" of bank deposits as a significant portion of household wealth matures in 2026, influenced by low deposit rates and an increasingly active capital market [1][7]. Group 1: Financial Asset Structure - As of the end of 2022, the financial assets of Chinese households were composed of cash and deposits (50.2%), bonds (8.8%), stocks and equity (19.5%), securities investment funds (11.7%), and insurance (9.8%) [2][8]. - The choice of whether to "migrate" deposits is fundamentally about the selection of financial assets based on risk, return, and liquidity considerations [2][8]. Group 2: International Comparisons - Research indicates that by 2024, the financial asset structure of U.S. households will be significantly different, with cash and deposits at 11.2%, bonds at 4.5%, stocks and investment funds at 55.3%, and insurance and pensions at 27.8% [3][9]. - The comparison with developed countries shows that cash and deposits in countries like the UK, Japan, and Germany remain above 30%, suggesting that the U.S. model may not be applicable to China [3][9]. Group 3: Demographic and Economic Influences - Aging population trends in China are expected to increase the preference for low-risk assets, as older individuals tend to favor safer investments [4][10]. - Low interest rates are prompting households to seek higher returns, but the method of achieving this—whether through direct stock investments or indirect methods like insurance and funds—remains uncertain [4][10][11]. Group 4: Market Performance Correlation - Historical data shows that the proportion of household stock holdings correlates with long-term stock market performance, with increases in stock fund holdings observed in the U.S., Japan, and Germany from 2013 to 2024 [5][11]. - The stability of stock and equity holdings among Chinese households is crucial for achieving a sustained bullish market [5][11].

较25Q3增长2.7%，延续稳健增长，债券及银行存款占比有所提升，权益类资产中股票持平、基金与长 股投占比略有下降。截至25Q4末，股票+基金+长股投比例达23.0%，较上年末提升2.6pct，对应规模合 计增加1.97万亿元，其中2025Q4单季新增约997亿元。分项来看，股票及基金规模合计5.7万亿元，占比 15.4%，全年新增1.60万亿元，四季度新增1,101亿元。1）债券：人身险与财产险公司合计配置债券占 比50.4%，较上年末/25Q3分别+0.9pct、+0.1pct，Q4单季增配幅度明显低于往年同期（23Q4、24Q4债券 占比分别环比提升1.2、1.1pct），利率震荡下险资阶段性放缓长久期债券增配节奏。2）股票：占比 10.1%，较25Q3基本持平，较上年末提升2.5pct；规模较25Q3及上年末分别增长1135亿和1.31万亿。四 季度配置增量有限，一方面受季节性因素影响，Q4保费流入占全年比重约10%，新增资金规模相对较 小；另一方面，权益市场震荡背景下，预计部分险企择机兑现浮盈。3）基金：占比5.3%，较25Q3下降 0.2pct，较上年末小幅提升0.1pct；规模较25Q3减少34 ...