8月19日09:00｜隔夜分红披露超100家，央行净回笼958亿元

[ { "event_id": "20260818-omo-4697bn-overnight", "title": "央行开展 4697 亿元隔夜逆回购，净回笼 958 亿元", "event_time_utc": null, "event_time_quality": "day_only", "published_at_utc": "2026-08-18T01:25:00Z", "event_type": "rate_path", "asset_keys": ["DIVIDEND"], "direction_score": -0.15, "confidence": 0.95, "horizon": "short_term", "raw_facts": { "operation_date_local": "2026-08-18", "seven_day_reverse_repo_cny": 0, "overnight_reverse_repo_cny": 469700000000, "overnight_reverse_repo_maturity_cny": 565500000000, "net_liquidity_withdrawal_cny": 95800000000, "operation_note": "7 天期逆回购操作量为零；隔夜逆回购连续第六个工作日零投放。" }, "transmission_chain": "7 天期逆回购零投放且隔夜逆回购净回笼 958 亿元→短端流动性边际收敛→红利低波资产的利率与流动性估值支撑边际减弱；该事件不直接代表 DIVIDEND 成分股基本面变化。", "invalidation_conditions": "若央行或权威市场数据后续修正操作量、到期量或净回笼金额，则按修订值更新；若将隔夜操作的单日净回笼外推为持续性紧缩路径，则该传导判断失效。", "source_urls": [ "[https://www.[stcn.com/article/detail/4083055.html](https://www.stcn.com/article/detail/4083055.html)](https://stcn.com/article/detail/4083055.html](https://www.stcn.com/article/detail/4083055.html))", "https://finance.sina.com.cn/money/fund/original/2026-08-18/doc-ininttrp7328816.shtml" ], "source_tier": "Tier B" }, { "event_id": "20260818-512890-flow-5d-48bn-60d-67bn", "title": "512890 近 5 个交易日资金净流入 4.8 亿元", "event_time_utc": null, "event_time_quality": "day_only", "published_at_utc": "2026-08-18T09:44:08Z", "event_type": "fund_flow", "asset_keys": ["DIVIDEND"], "direction_score": 0.55, "confidence": 0.88, "horizon": "short_term", "raw_facts": { "instrument": "SSE.512890", "fund_name": "华泰柏瑞中证红利低波动 ETF", "reported_trade_date_local": "2026-08-18", "recent_5_trading_day_net_inflow_cny": 480000000, "recent_60_trading_day_net_inflow_cny": 670000000, "flow_definition": "报道中的资金净流入口径，不等同于基金份额净申赎、二级市场成交额或融资净买入。" }, "transmission_chain": "512890 近 5 个交易日和近 60 个交易日均为报道口径净流入→红利低波 ETF 的资金偏好信号偏正→对 DIVIDEND 形成短期正面信号；该口径不替代份额净申赎数据。", "invalidation_conditions": "若资金流统计口径或金额后续被修正，则按修订值更新；若将报道口径资金净流入解释为基金份额净申购，则该传导判断失效。", "source_urls": [ "https://finance.sina.com.cn/money/fund/original/2026-08-18/doc-ininttrp7328816.shtml" ], "source_tier": "Tier B" }, { "event_id": "20260819-a-share-semiannual-dividend-plans-1018bn", "title": "逾百家公司披露中期分红方案，合计 1018 亿元", "event_time_utc": null, "event_time_quality": "day_only", "published_at_utc": "2026-08-18T23:17:00Z", "event_type": "dividend_policy", "asset_keys": ["DIVIDEND"], "direction_score": 0.45, "confidence": 0.9, "horizon": "medium_term", "raw_facts": { "as_of_date_local": "2026-08-19", "companies_with_2026_semiannual_profit_distribution_plans": "超过 100 家", "proposed_dividend_total_cny": 101800000000, "status": "半年度利润分配方案，仍以公司后续审议、公告及实施进度为准。" }, "transmission_chain": "中期利润分配方案披露数量和拟分红总额上升→A 股现金回报事实密度增加→为 DIVIDEND 红利因子提供中期支持；预案不等同于已完成派息。", "invalidation_conditions": "若公司后续审议、公告或实施结果改变方案数量或金额，则按最终披露修正；若将拟分红金额直接视为已派现金额，则该传导判断失效。", "source_urls": [ "[https://www.[stcn.com/article/detail/4085470.html](https://www.stcn.com/article/detail/4085470.html)](https://stcn.com/article/detail/4085470.html](https://www.stcn.com/article/detail/4085470.html))" ], "source_tier": "Tier B" }, { "event_id": "20260818-lishang-guochao-midyear-dividend-010", "title": "丽尚国潮拟每 10 股派 0.10 元", "event_time_utc": null, "event_time_quality": "day_only", "published_at_utc": "2026-08-18T13:25:00Z", "event_type": "dividend_policy", "asset_keys": ["DIVIDEND"], "direction_score": 0.2, "confidence": 0.94, "horizon": "medium_term", "raw_facts": { "company": "丽尚国潮", "ticker": "603900", "announcement_date_local": "2026-08-18", "distribution_stage": "2026 年半年度利润分配预案", "cash_dividend_per_10_shares_cny": 0.1, "proposed_total_cash_dividend_cny": 7426623.23, "tax_included": true }, "transmission_chain": "丽尚国潮提出中期现金分红预案→上市公司现金回报供给增加→对 DIVIDEND 形成单家公司层面的正面事实信号；能否落地取决于后续审议和实施公告。", "invalidation_conditions": "若股东会审议、权益分派公告或后续修订取消、调整该预案，则按最终公告更新；预案未实施前不计作已派息。", "source_urls": [ "[https://www.[stcn.com/article/detail/4084779.html](https://www.stcn.com/article/detail/4084779.html)](https://stcn.com/article/detail/4084779.html](https://www.stcn.com/article/detail/4084779.html))" ], "source_tier": "Tier B" }, { "event_id": "20260818-tianfu-communication-midyear-dividend-500", "title": "天孚通信拟每 10 股派 5 元", "event_time_utc": null, "event_time_quality": "day_only", "published_at_utc": "2026-08-18T15:00:00Z", "event_type": "dividend_policy", "asset_keys": ["DIVIDEND"], "direction_score": 0.25, "confidence": 0.95, "horizon": "medium_term", "raw_facts": { "company": "天孚通信", "ticker": "300394", "announcement_date_local": "2026-08-18", "distribution_stage": "2026 年半年度利润分配方案", "cash_dividend_per_10_shares_cny": 5, "tax_included": true }, "transmission_chain": "天孚通信披露中期现金分红方案→高成长公司现金回报事实增加→对 DIVIDEND 形成单家公司层面的正面信号；方案仍需按后续程序实施。", "invalidation_conditions": "若后续审议、权益分派公告或修订改变每 10 股分红金额，则按最终公告更新；方案未实施前不计作已派息。", "source_urls": [ "[https://www.[stcn.com/article/detail/4084962.html](https://www.stcn.com/article/detail/4084962.html)](https://stcn.com/article/detail/4084962.html](https://www.stcn.com/article/detail/4084962.html))" ], "source_tier": "Tier B" } ]