Early knowledge: The No. 1 Central Document will be released in 2026; the three major US stock indices all close lower

People’s Financial News, February 4th — The Central No. 1 Document for 2026 has been released: enhancing comprehensive agricultural production capacity and quality efficiency; normalizing targeted assistance; the People’s Bank of China will continue to implement 3-month term buyout reverse repos with increased volume, conducting 800 billion yuan of buyout reverse repo operations today; in January 2026, the Shanghai Stock Exchange opened 4.9158 million new A-share accounts, an increase of approximately 89% month-on-month; the Ministry of Industry and Information Technology: promoting breakthroughs in 6G, quantum technology, biomanufacturing, hydrogen energy, brain-computer interfaces, embodied intelligence, and other fields; eight departments issued new regulations on the security of cross-border automotive data, establishing nine exemption scenarios to help car companies “go overseas”; domestic refined oil prices have increased for two consecutive times, costing about 8 yuan more to fill a tank of gas; China Nonferrous Metals Industry Association: considering including copper concentrates with large trade volume and easy liquidity into the reserve scope; U.S. stock market’s three major indices all closed lower, with the Nasdaq down 1.43%.