Evening Hot Topics in A-shares | Shanghai Futures Exchange takes action to cool down the market! Increases gold and silver futures margin requirement ratios

1. Eight departments issued documents! Promoting the approval and listing of a batch of innovative traditional Chinese medicine, only 9 undervalued stocks with excellent potential Importance: On February 5th, the Ministry of Industry and Information Technology and other eight departments issued the "Implementation Plan for the High-Quality Development of the Traditional Chinese Medicine Industry (2026-2030)", proposing that by 2030, the coordinated development system of the entire industrial chain of traditional Chinese medicine will be initially formed. The continuous and stable supply capacity of key traditional Chinese medicine raw materials will be further enhanced, the level of digitization and greenization will be significantly improved, a number of key technologies will achieve breakthroughs, and the level of industry synergy and innovation will be significantly improved. Innovative products will continue to emerge, promoting the approval and listing of a batch of innovative traditional Chinese medicines. Looking ahead, institutions believe that the traditional Chinese medicine sector is quietly welcoming a turning point after a period of deep adjustment. Sinolink research report stated that after a period of continuous destocking and digestion of performance base numbers from 2024 to 2025, and approaching the expiry period of peak shipments, coupled with a significant increase in influenza incidence rates in the fourth quarter of 2025, it is expected to further promote the digestion of channel inventory. The performance of OTC Chinese patent medicine products related to influenza is expected to improve, companies with light inventory pressure are expected to resume normal delivery rhythms, and performance is expected to show early signs of improvement. In addition, self-selected stocks have also compiled a list of undervalued traditional Chinese medicine stocks with good annual performance, only 9, for reference. 2. Shanghai Futures Exchange: Adjusts the daily limit and trading margin ratio of gold, silver and other futures contracts Importance: On February 5th, according to the Shanghai Futures Exchange announcement, it has been decided to adjust the daily limit and trading margin ratio of silver, copper, and other futures contracts from the closing settlement on February 9th. The daily limit of price fluctuations for existing gold futures contracts has been adjusted to 17%, the hedging position margin ratio has been adjusted to 18%, and the general position margin ratio has been adjusted to 19%; for existing silver futures contracts, the daily limit of price fluctuations has been adjusted to 20%, the hedging position margin ratio has been adjusted to 21%, and the general position margin ratio has been adjusted to 22%. 3. Cyberspace Administration and11 other departments issue opinions! About enhancing the convenience of digital services for... For the full translation, please visit our website: gmteight.com