大型蓝筹股多数上涨，汇丰控股收报127.188港元，较香港收市涨0.62%；腾讯控股收报624.864港元，较香港收市跌0.42%。 | 序号 | 名称 | 港股代码 | 最新价 | 涨跌额 | 涨跌幅 | ADR代码 | ADR换算价(HKD) | 较港股升跌 较 | | --- | --- | --- | --- | --- | --- | --- | --- | --- | | 1 | 腾讯控股 | @ 00700 | 627.500 | +4.500 | 0.72% | TCEHY | 624.864 | -2.636 | | 2 | 阿里巴巴-W | 09988 | 159.900 | +5.600 | 3.63% | BABA | 162.857 | +2.957 | | 3 | 汇丰控股 | 00005 | 126.400 | +2.300 | 1.85% | HSBC | 127.188 | +0.788 | | 4 | 建设银行 | 00939 | 7.810 | +0.090 | 1.17% | CICHY | 7.778 | -0.032 | | 5 | 小米集团-W | 01810 | ...

格隆汇1月13日｜据彭博，知情人士透露，汇丰前主席杜嘉祺将以顾问这个特别身份继续留在该行，超 出原来计划的时间。而杜嘉祺已于近期出任友邦保险主席。当被问及杜嘉祺身兼两职可能存在的利益冲 突时，友邦的一位代表表示，他的外部活动有适当的监管、充分的披露，且不会影响他对友邦的职责以 及时间投入。汇丰发言人表示，杜嘉祺继续担任汇丰董事会和集团行政总裁的顾问，符合所有适当治理 和信息披露要求。 ...

| 度寿险行业十大烈 | | | | --- | --- | --- | | 序号 | 姓名 | 职务 | | 1 | 醇亚芹 | 农银人寿董事长 | | 2 | 王颖 | 招商信诺章事长 | | 3 | 童天喜 | 中意人寿董事长 | | 4 | 何六艺 | 幸福人寿青事长 | | 5 | 鲁伟鼎 | 民生人寿董事长 | | 6 | 白力 | 长城人寿节事长 | | 7 | 王庆艳 | 交银人寿节事长 | | 8 | 李存强 | 中信保诚人寿董事长 | | 9 | 前华军 | 英大人寿董事长 | | 10 | 《张宇 | 友邦人寿青事长 | | 榜单尚明:排名不分先后,围绕专业能力、业绩表现 行业层 | | | | 响力等维度综合评选得出。 | | | 2025年，张晓宇带领公司实现净利稳步增长，成立独立资管公司，实现资产端与负债端高效协同，提升 资金管理能力。 "2025年度寿险行业十大杰出人物"榜单围绕专业能力、业绩表现、行业影响力等维度综合评选得出。 张晓宇，男，1976年出生，复旦大学并获得应用数学系硕士学位，拥有北美精算师资格认证。于2000年 加入友邦保险，2025年3月起任友邦人寿董事长。曾先 ...

大行评级｜高盛：友邦保险对今年内地及香港市场增长前景持乐观态度 评级"买入" 星展上调友邦保险 目标价至106港元 相关事件 瑞银发表研究报告指，友邦保险管理层出席了该行的大中华研讨会(GCC)，公司认为集团新业务价值可 保持约15%至17%(mid-teens)增长，既合理又可持续，主要驱动因素包括：活跃代理人数高个位数增 长、持续提升代理生产力、来自合作渠道(如银保、经纪)的补充上行空间。该行重申友邦"买入"评级， 目标价为88港元。 ...

本文来自格隆汇专栏：国金证券研究所；作者：舒思勤 黄佳慧 预计26年上市险企新单保费将实现双位数增长，银保渠道是主驱力。展望2026年，预计个险渠道保持稳健增长，银保渠 道直接受益于存款搬家，客户优势和账户优势明显，叠加大型险企开拓银保市场的积极性和优势显著，预计仍将延续较 好增长，市占率继续提升。在银保增长的主驱动下，预计大型险企的2026年新单保费将实现双位数增长；规模增长将摊 薄固定成本，这在银保渠道将更为显著，带来整体盈利提升。 自2020年起头部险企开始重新重视银保渠道，从弥补规模到追求价值，市占率随积极性同步抬升且将延续。个险渠道自 2018年开始进入深度调整期，保险公司为转移业务压力重新发力银保渠道，弥补规模保费。自2020年开始，增额终身寿 热销驱动银保渠道期缴保费增长，且其价值率比趸交产品高，大型险企加大银保渠道发展力度，2023年"老七家"银保规 保新单市占率较2019年提升15.6pct至23.8%。2023年8月银保渠道报行合一开始推行，费用成本大幅下降驱动价值率大幅 提升，叠加"1+3"网点限制的放开，头部公司纷纷大力开拓银保渠道，在资源协同、品牌、服务等优势加持下，头部市 占率提升 ...

Investment Rating - The report maintains a positive investment rating, recommending continued active investment in the insurance sector due to expected double-digit growth in new premiums driven by the bancassurance channel [5]. Core Insights - The insurance industry is projected to achieve double-digit growth in new premiums by 2026, primarily driven by the bancassurance channel, which benefits from the migration of deposits and the competitive advantages of large insurance companies [1][26]. - The bancassurance channel has seen a significant increase in market share, with the "old seven" insurance companies' new premium market share rising from 8.2% in 2019 to 23.8% in 2023, and expected to reach 26.0% in 2024 [2][22]. - A survey of 88 frontline bank wealth managers indicates that a substantial portion of household deposits will mature in 2026, with expectations that many will not be renewed, leading to a shift towards insurance products [3][35]. - The demographic of clients with maturing deposits is predominantly older, with a lower risk appetite, making insurance products a preferred option for reallocating funds [4][40]. - The report highlights that the bancassurance channel's growth will significantly enhance the overall profitability of large insurance companies by spreading fixed costs over a larger premium base [1][26]. Summary by Sections Bancassurance Channel - The bancassurance channel is identified as the main driver of value growth in the insurance industry for 2026, with a compound annual growth rate of 16.2% from 2019 to 2023 [12]. - The report notes that the shift in focus from individual insurance channels to bancassurance began in 2020, driven by the need to compensate for declining individual premium growth [2][12]. Bank Wealth Manager Survey Analysis - The survey indicates that a significant portion of maturing deposits will not be renewed, with expectations that 50% of clients will have deposits maturing in the 10%-30% and 30%-50% ranges [3][35]. - Wealth managers believe that the most acceptable financial products for clients will be bank wealth management and insurance, with insurance ranking second [4][40]. Projections for 2026 - The report estimates that the new premium growth rate for the bancassurance channel will exceed 25% in 2026, with expected incremental funds of 3,057 billion in January, 5,094 billion in Q1, and 11,150 billion for the entire year [5][62]. - The anticipated growth is attributed to the large volume of maturing deposits and the expected shift towards insurance products due to lower renewal rates for traditional bank deposits [60].

| 股票名称 | 沽空金额↓ | 沽空比率 | | 偏离值 | | --- | --- | --- | --- | --- | | 美团-W(03690) | 15.54 亿元 | 21.96% | 4.92% | | | 阿里巴巴-W(09988) | 14.40 亿元 | 8.47% | -6.76% | | | 腾讯控股(00700) | 12.53 亿元 | 11.49% | 0.80% | | | 中国平安(02318) | 10.67 亿元 | 31.14% | 3.29% | | | 百度集团-SW(09888) | 6.38 亿元 | 31.55% | 3.08% | | | 联想集团(00992) | 6.08 亿元 | 40.42% | 11.00% | | | 中国石油化工股份 (00386) | 5.62 亿元 | 27.88% | 2.19% | | | 快手-W(01024) | 5.46 亿元 | 18.47% | 3.10% | | | 友邦保险(01299) | 5.23 亿元 | 32.73% | 11.86% | | | 建设银行(00939) | 5.08 亿元 | 3 ...

智通财经APP获悉，周五，美股三大指数集体收涨。恒生指数ADR上涨，按比例计算，收报26286.73点，较香港收市涨54.94点或0.21%。 | .HSIADR 恒生指数ADR | | | --- | --- | | 26286.73 ↑ +54.94 +0.21% - 收盘价 01/09 16:00 美东 | | | 二月日日 中 中 | | | 最高价 26311.87 开盘价 26301.84 | 成交量 3624.94万 | | 最低价 26201.05 昨收价 26231.79 | 平均价 26256.46 | | 52周最高 27275.90 上 涨 -- | 파 | | 52周最低 18856.77 下 跌 -- | 振 幅 0.42% | | 800000 恒生指数 26231.79 +82.48 +0.32% | | 大型蓝筹股多数上涨，汇丰控股收报125.014港元，较香港收市涨0.17%;腾讯控股收报615.325港元，较香港收市涨0.71%。 | 序号 | 名称 | 港股代码 | 最新价 | 涨跌额 | 涨跌幅 | ADR代码 | ADR换复价(HKD) | 较港股升跌 较港 | | ...

Group 1 - The core point of the news highlights the short-selling ratios and amounts for various companies, indicating significant market activity and investor sentiment towards these stocks [1][2][3] Group 2 - The top three companies by short-selling ratio are Anta Sports-R (82020) and Li Ning-R (82331) at 100.00%, and Tencent Holdings-R (80700) at 90.68% [1][2] - The highest short-selling amounts are recorded for Alibaba-W (09988) at 3.199 billion, Meituan-W (03690) at 1.835 billion, and Xiaomi Group-W (01810) at 1.518 billion [1][3] - Tencent Holdings-R (80700) has the highest deviation value at 45.50%, followed by Beike-W (02423) at 40.51% and China National Offshore Oil-R (80883) at 40.26% [1][3]

Market Overview - The Hang Seng Index (HSI) closed at 26,310.99, up by 161.68 points or 0.62% as of January 8, 16:00 Eastern Time [1] - The index reached a high of 26,311.38 and a low of 25,998.12 during the trading session, with a trading volume of 50.328 million shares [1] Major Blue-Chip Stocks Performance - HSBC Holdings closed at HKD 125.439, up by 0.92% compared to the Hong Kong close [2] - Tencent Holdings closed at HKD 615.197, down by 0.13% compared to the Hong Kong close [2] Stock Price Movements - Tencent Holdings: Latest price HKD 616.000, down by HKD 8.500 or 1.36%, with an ADR price of 615.197, reflecting a decrease of 0.13% [3] - Alibaba Group: Latest price HKD 142.600, down by HKD 3.300 or 2.26%, with an ADR price of 150.458, reflecting an increase of 5.51% [3] - HSBC Holdings: Latest price HKD 124.300, down by HKD 2.900 or 2.28%, with an ADR price of 125.439, reflecting an increase of 0.92% [3] - Other notable movements include Meituan-W down by 3.35% and JD.com down by 2.02% [3]