Comprehensive Analysis of Multiple Events in the Financial Market on January 15, 2026

Based on search results, I will provide a systematic analysis of the impacts of multiple events in the financial market on January 15, 2026.

[1][2]

According to statistics from Securities Times · Data Treasure, a total of

will have their restricted shares unlocked this week (January 12-16), with a total unlocked share volume of . Based on the latest closing price, the total .

:

Stock Name	Unlock Market Value	Unlock Ratio	Unlock Type
Bluetrum Technology	RMB 11.087 billion	63.25%	Restricted Shares of Initial Original Shareholders
Tianxin Pharmaceutical	RMB 7.841 billion	66.41%	Restricted Shares of Initial Original Shareholders
Sepax Technologies	RMB 4.702 billion	61.40%	Restricted Shares of Initial Original Shareholders
Shangtai Technology	RMB 2.023 billion	-	Private Placement and Others

: Major shareholders of Bluetrum Technology, including Huang Zhiqiang and shareholders holding more than 5% of shares (Bluetrum Management, Bluetrum Technology, Chuangyuan Shiji), have voluntarily pledged not to reduce their holdings for [1], which has effectively eased market concerns over share unlocks.

: 7 individual stocks have an unlock ratio exceeding 25%, among which Tianxin Pharmaceutical (66.41%), Bluetrum Technology (63.25%), and Sepax Technologies (61.40%) rank top in unlock ratios [2].

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[3][4]

Indicator	Data
Operation Time	January 15, 2026
Operation Scale	RMB 90 billion outright reverse repo
Tenor	6 months (181 days)
Maturing Volume	RMB 60 billion
Net Injection	RMB 30 billion

This is the

that the central bank has increased the scale of rolling over 6-month outright reverse repos, with the increment increased by RMB 10 billion compared to last month. It is also the that the central bank has injected medium-term liquidity into the market via outright reverse repos [3].

:

• To create a favorable liquidity environment for
  government bond issuance
  at the beginning of the year
• To support the “strong start” of credit extension
• To ensure funding needs for major projects in key areas
• The 2026 new local government debt quota has been issued in advance [4]

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[5]

• Time
  : 3:00 PM, Thursday, January 15, 2026
• Theme
  : Effects of Monetary and Financial Policies in Supporting High-Quality Development of the Real Economy
• Speakers
  :
  • Zou Lan
    , Spokesperson and Deputy Governor of the People’s Bank of China
  • Li Bin
    , Spokesperson and Deputy Administrator of the State Administration of Foreign Exchange

This press conference will summarize the implementation of monetary policy in 2025 and release signals regarding the direction of monetary policy in 2026.

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[6]

On January 14, a total of

released announcements related to share buybacks:

• 4 companies disclosed their initial share buyback plans
• 2 companies disclosed the progress of buyback implementation
• 8 companies completed their buyback programs

[6]

On the same day,

released announcements related to private placements:

• 4 companies disclosed private placement plans (Shandong Pharmaceutical Glass: RMB 3.235 billion, Fulin Precision Industry: RMB 3.175 billion, Invengo Information Technology: RMB 0.691 billion)
• 2 companies’ private placement plans were approved by their general meetings of shareholders
• 4 companies’ private placement plans were approved by the China Securities Regulatory Commission (CSRC)
• 1 company suspended its private placement plan

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[7]

Company Name	Dividend Plan	Remarks
Foxconn Industrial Internet	RMB 3.30 cash dividend per 10 shares (including tax)	Total cash dividend distributed: RMB 6.55 billion (including tax)
Yunlu Advanced Materials	RMB 5.00 cash dividend per 10 shares	-
Foran Energy Group	RMB 2.50 cash dividend per 10 shares	-
Guangdong Pearl Co., Ltd.	RMB 2.00 cash dividend per 10 shares	-

The record date for Foxconn Industrial Internet’s 2025 semi-annual equity distribution plan is January 15, 2026, and the ex-rights (ex-dividend) date and cash dividend payment date are January 16, 2026 [7].

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1. Adequate Liquidity
   : The central bank’s RMB 90 billion outright reverse repo with a net injection of RMB 30 billion provides sufficient liquidity support for the market [3][4]
2. Major Shareholders’ Pledge Not to Reduce Holdings
   : Major shareholders of Bluetrum Technology voluntarily pledged to extend the lock-up period, effectively easing concerns over share unlocks [1]
3. Active Dividends and Buybacks
   : The total scale of dividends and share buybacks in 2025 exceeded RMB 220 billion, reflecting a continuous increase in shareholders’ return awareness [8]
4. Stable Policy Expectations
   : The monetary policy maintains a “moderately accommodative” stance, with a clear attitude of policy support [4]

1. Concentrated Unlock Pressure
   : The weekly unlock market value reaches RMB 48.5 billion, with 3 individual stocks having an unlock ratio of over 60% [2]
2. Increased Funding Demand
   : The launch of government bond issuance and the “strong start” of credit extension have led to increased funding demand
3. Performance Verification Period
   : The fundamentals of some unlocked stocks need attention (e.g., Bluetrum Technology’s significant performance growth mainly comes from changes in the fair value of investments) [1]

• Focus on high-quality targets where
  major shareholders voluntarily pledge not to reduce holdings
• Focus on beneficiary opportunities in
  liquidity-sensitive sectors
  (securities firms, banks, etc.)
• Exercise caution towards individual stocks with
  high unlock ratios and insufficient fundamental support
• Pay attention to incremental information from the policy press conference to capture new trends in 2026 monetary policy

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[1] Securities Times - “600676, Planning Major Asset Restructuring! 6 Stocks to Have High Unlock Market Value Next Week” (https://www.stcn.com/article/detail/3584703.html)

[2] Zhitong Finance - “This Week’s Trading Strategy: Short-Term Market Momentum Expected to Continue” (https://hk.investing.com/analysis/article-117573)

[3] China Fund News - “Central Bank to Conduct RMB 90 Billion Outright Reverse Repo Operation” (https://www.chnfund.com/article/ARbb4d1439-e47f-44cc-9617-3a1ece695dc1)

[4] Beijing Daily - “Increasing by RMB 30 Billion, Central Bank to Conduct RMB 90 Billion Outright Reverse Repo Operation Tomorrow” (https://news.bjd.com.cn/2026/01/14/11524091.shtml)

[5] CLS.com - “Introducing the Effects of Monetary and Financial Policies in Supporting High-Quality Development of the Real Economy” (https://www.cls.cn/detail/2258234)

[6] The Economic Observer - “Today’s Key Points” (http://www.eeo.com.cn/2026/0114/779093.shtml)

[7] CLS.com - “Foxconn Industrial Internet: Total Cash Dividends of RMB 6.55 Billion for 2025 Half-Year” (https://www.cls.cn/detail/2252135)

[8] Dahe Cube - “China Securities: 2026 A-Share Liquidity Outlook” (https://app.dahecube.com/nweb/pc/article.html?artid=259571)