Core Insights - The report highlights a positive outlook for various industries in March 2026, driven by domestic demand policies and sector-specific growth opportunities [2][3] - Key stocks recommended across different sectors are expected to show significant profit growth and favorable valuations, indicating potential investment opportunities [2][3] Industry Summaries Social Services - China Oriental Education is positioned to benefit from the growth in new service consumption, with a projected net profit of 1.1 billion yuan in 2026, reflecting a 40% increase and a PE ratio of approximately 11 times [2][3] Construction - Yaxin Integration is expected to gain from significant investments in the cleanroom industry, with orders and performance not fully anticipated, particularly from major clients like Micron and TSMC [2][3] Non-Bank Financials - CITIC Securities is recommended as a leading brokerage benefiting from market recovery and favorable policy environments, with valuations not reflecting the improving profit trends [2][3] Agriculture - Youran Dairy, a leader in dairy farming, is set to benefit from rising beef and milk prices, with expectations of high earnings recovery due to favorable market conditions [2][3] Power Equipment and New Energy - Delijia is expanding its capacity in wind power gearbox projects, with a strong order backlog and projected profit growth of 55% in 2025 [2][3] - Sifang Co. is actively expanding its overseas presence and has secured multiple projects, with a focus on cutting-edge technologies like solid-state transformers [2][3] Automotive - Xingyu Co. is positioned in a high-growth segment of automotive lighting, with a focus on smart products and expanding its global customer base, projecting revenues of 16 billion yuan in 2025 [2][3] Home Appliances - Haier Smart Home is benefiting from domestic policies promoting appliance upgrades and is enhancing operational efficiency through digital transformation, with a stable increase in market share [2][3] Basic Chemicals - Chuanheng Co. is expected to increase its phosphate mining capacity significantly by 2028, with a strong dividend payout history and high-quality product offerings [2][3] Military Industry - Lianchuang Optoelectronics is experiencing substantial growth in laser products and is entering the commercial space launch market, indicating a broad market potential [2][3]

公司董事会及经营管理层将按照有关法律法规和上述批复的要求，根据公司 2023年度股东大会的授权，实施上述公司债券发行工作。 证券代码：600030 证券简称：中信证券 公告编号：临2026-015 中信证券股份有限公司 关于向专业投资者公开发行公司债券 获得中国证监会注册批复的公告 本公司董事会及全体董事保证本公告内容不存在任何虚假记载、误导性陈述 或者重大遗漏，并对其内容的真实性、准确性和完整性承担法律责任。 日前，公司收到中国证监会《关于同意中信证券股份有限公司向专业投资者 公开发行公司债券注册的批复》（证监许可〔2026〕288号）。据此批复，公司 可以向专业投资者公开发行面值总额不超过800亿元公司债券。此批复自同意注 册之日起24个月内有效，公司在注册有效期内可以分期发行。 特此公告。 中信证券股份有限公司董事会 2026年2月26日 ...

以上内容为证券之星据公开信息整理，由AI算法生成（网信算备310104345710301240019号），不构成 投资建议。 最新公告列表 《中信证券股份有限公司关于向专业投资者公开发行公司债券获得中国证监会注册批复的公告》 截至2026年2月26日收盘，中信证券（600030）报收于27.38元，较前一交易日下跌1.3%，最新总市值为 4057.87亿元。该股当日开盘27.75元，最高27.78元，最低27.33元，成交额达36.48亿元，换手率为 1.09%。 近日，中信证券股份有限公司发布《关于向专业投资者公开发行公司债券获得中国证监会注册批复的公 告》。公告显示，公司收到中国证监会批复，同意公司向专业投资者公开发行面值总额不超过800亿元 的公司债券。批复自注册之日起24个月内有效，公司可在有效期内分期发行。董事会及经营管理层将根 据法律法规、股东大会授权及批复要求组织实施债券发行工作。 ...

股票研究 /[Table_Date] 2026.02.26 赋能金融强国，券商国际业务迎新篇 投资银行业与经纪业 [Table_Industry] 券商国际业务系列专题之一 | [姓名table_Authors] | 电话 | 邮箱 | 登记编号 | | --- | --- | --- | --- | | 刘欣琦(分析师) | 021-38676647 | liuxinqi@gtht.com | S0880515050001 | | 张轩铭(分析师) | 021-38038437 | zhangxuanming@gtht.com | S0880526020001 | | 吴浩东(分析师) | 010-83939780 | wuhaodong@gtht.com | S0880524070001 | 本报告导读： 国际化发展即是券商自身业务发展的主动选择，也是建设全球一流投行的题中之义， 在金融强国的使命责任下，证券行业需进一步提升国际市场中资本配置能力和资产 定价话语权，国际业务有望成为头部券商未来业绩成长重要驱动。 证 券 研 究 报 告 请务必阅读正文之后的免责条款部分 [Table_Invest] 评级： ...

责任编辑：磐石 格隆汇2月26日丨中信证券(600030.SH)公布，日前，公司收到中国证监会《关于同意中信证券股份有限 公司向专业投资者公开发行公司债券注册的批复》（证监许可〔2026〕288号）。据此批复，公司可以 向专业投资者公开发行面值总额不超过800亿元公司债券。此批复自同意注册之日起24个月内有效，公 司在注册有效期内可以分期发行。 财经频道更多独家策划、专家专栏，免费查阅>> ...

Group 1 - Huang Yanming, the director of Dongfang Securities Research Institute, stated that the next investment focus in A-shares will be on mid-cap blue chips, moving away from the previous high-growth tech and high-dividend strategies [1] - The investment focus will be on three main areas: globally priced cyclical goods such as chemicals, non-ferrous metals, agricultural products, and global shipping; manufacturing sectors related to technology and national strength enhancement, including military industry, robotics, and new energy; and technology sectors related to large model performance realization [1] Group 2 - The International Institute of Finance reported that global debt has surged to a record $348 trillion, increasing by nearly $29 trillion, marking the fastest growth since the onset of the COVID-19 pandemic [2] - Government debt in countries like the United States and the Eurozone exceeds $10 trillion [2] Group 3 - Several lithium mining companies expect Zimbabwe's lithium ore exports to resume within one month after a temporary suspension [3] - Companies like Zhongmin Resources and Yahua Group are preparing to submit supplementary materials for export applications, indicating that the ban is expected to be lifted soon [3] Group 4 - Overseas tech companies are increasingly turning to loans backed by chips, particularly GPUs, to fund their substantial AI investments, with Moody's beginning to rate GPU-backed debt [4] - NAND flash memory prices are rising due to ongoing shortages, prompting major manufacturers like Phison to require advance payments from customers [4] Group 5 - The Chinese smartphone industry is set to experience a comprehensive price increase starting in March 2026, with new models expected to rise by at least 1,000 yuan [5] - Major brands such as OPPO, OnePlus, Vivo, iQOO, Xiaomi, and Honor are likely to raise prices for older models as well, marking a historic trend of simultaneous price hikes across all categories and brands [5] Group 6 - CCD cameras, once common, have seen a resurgence in popularity, with prices for certain models skyrocketing in the second-hand market [6] - Young consumers are driving this trend, primarily for the aesthetic quality of the images produced by these cameras [6] Group 7 - Baidu Group reported a total revenue of 32.7 billion yuan for Q4 2025, reflecting a year-on-year growth of 5% [7] - The net profit attributable to Baidu was 1.8 billion yuan, with a net profit margin of 5% [7] Group 8 - ByteDance's valuation is reportedly around $550 billion, as investment firm General Atlantic is selling part of its stake [8] - This valuation places ByteDance between Tencent and Alibaba in terms of market capitalization [8] Group 9 - New Hope Liuhe announced a cash investment of 74.87 million yuan to acquire a 70% stake in Luochuan Lingxian Company [9] - The investment will be used for both purchasing shares and increasing capital for the company [9] Group 10 - Aokema plans to acquire a 45% stake in its subsidiary Qingdao Aokema Smart Industry Co., Ltd. for 253 million yuan, aiming for full ownership [10] - The transaction is part of a strategy to consolidate control over its subsidiary [10]

证券日报网讯 2月26日，纳微科技发布公告称，公司于近日收到中信证券股份有限公司出具的《关于更 换保荐代表人的函》，中信证券作为公司首次公开发行并在科创板上市的保荐机构，原指派的保荐代表 人为朱绍辉先生、王栋先生，并于2022年8月变更为王琦先生、王栋先生，法定持续督导期截至2024年 12月31日，鉴于公司首次公开发行的募集资金尚未使用完毕，中信证券将对募集资金使用情况继续履行 持续督导义务，直至募集资金使用完毕。现因王琦先生工作调整，不再负责对公司的持续督导工作，为 保证持续督导工作有序进行，中信证券决定指派邵才捷女士接替王琦先生担任公司的保荐代表人，继续 履行持续督导职责。本次变更后，公司首次公开发行并在科创板上市的保荐代表人为邵才捷女士、王栋 先生。本次变更不影响中信证券对公司的持续督导工作。 （文章来源：证券日报） ...

2月26日，光通信、电路板、覆铜板等AI硬件方向表现活跃。指数层面，中证科创创业人工智能指数上涨2.1%，中证人工智能主题指数、上证科创板人工智 能指数均上涨1.7%。相关ETF受资金青睐，人工智能ETF易方达（159819）和科创人工智能ETF易方达（588730）近5个交易日分别获6.7亿元和5800万元资 金净流入。 中信证券研报称，预计算力板块2025年业绩将在CSP大厂Capex持续兑现、Token需求不断释放、产品能力不断提升等背景下持续景气增长；AI应用显现结构 性亮点，如AI金融科技、AI医疗、AI数据等领域表现突出，通用Agent应用亦韧性增长；板块整体盈利有望明显改善。展望2026年，算力景气有望持续、AI 应用迎拐点机遇。 跟踪中证科创创业人工智能指数 该指数聚焦科创创业人工 智能龙头,由科创板和创 业板市场中50只市值较大 且业务涉及人工智能基础 资源、技术以及应用支持 的股票组成,电子、通信、 计算机行业占比近90%。 �日 该指数涨跌 2.1% 科创人工智能ETF易方达 跟踪上证科创板人工智能指数 该指数覆盖科创板人工智能 龙头,由科创板市场中30 只市值较大目业务涉及人工 智能基 ...

4. 摩根大通：泰国央行或进入长期政策观望期 摩根大通经济学家在报告中指出，预计泰国央行将从现在起至2027年期间将政策利率维持在1%不变， 以在不确定性上升之际保留政策空间。政策声明措辞表明，进一步降息的门槛较高，且央行已暗示当前 政策利率反映了足够宽松的货币政策立场。得益于2025年第四季度优于预期的表现及大选后政治局势的 稳定，泰国经济今年也可能进一步提速。 国外 1. 美银：金价有望在未来12个月内触及6000美元 美国银行在周二发布的一份报告中称，预计未来12个月内，黄金价格将涨至每盎司6000美元。该机构补 充道："尽管当前白银价格的上涨可能加速太阳能电池板制造商的需求萎缩，但今年白银价格仍有可能 再次涨至每盎司100美元以上。" 2. 花旗：新兴市场有望成为今年最受青睐的交易市场 据外媒报道，花旗集团分析师在审查了各基金发布的展望报告后表示，全球前几大资产管理公司（合计 管理着超过20万亿美元的资产）正在买入新兴市场的股票、本币债券和信贷产品，押注强劲的全球经济 增长和美元走软将有利于这些市场。尽管本周全球市场因担忧人工智能可能颠覆经济的诸多领域而震 荡，但新兴市场资产依然表现良好。MSCI新兴 ...

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！ 上海证券交易所 上证公告（基金）【2026】399号 特此公告。 2026年02月26日 为促进兴业中证科技优势成长50策略交易型开放式指数证券投资基金（以下简称科技成长，基金代 码:563560）的市场流动性和平稳运行，根据《上海证券交易所基金自律监管规则适用指引第2号——上 市基金做市业务》等相关规定，本所同意中信证券股份有限公司自2026年02月27日起为科技成长提供主 做市服务。 ...