保险股集体上扬，截至发稿，友邦保险(01299)涨3.55%，报86港元；中国人寿（601628）(02628)涨 2.86%，报33.1港元；中国人保（601319）(01339)涨2.47%，报6.65港元；新华保险（601336）(01336)涨 2.23%，报61.8港元；中国平安（601318）(02318)涨2.06%，报69.5港元。 摩根士丹利近期发布研报称，预期2026年将是内险股再次跑赢大市的一年，主要驱动因素包括强劲的销 售增长、更佳的业务质量以及有利的投资环境，预期监管政策、利率走势及市场投资情绪将是追踪行业 整体表现的主要催化剂，相信行业估值有上升空间。另外，该行预期友邦保险(多数关键指标在去年第 四季将呈现持续改善的趋势，并维持对新业务价值健康增长的预期。 消息面上，近期，多家上市保险公司陆续披露2025年全年保费收入或净利润相关数据。其中，新华保险 2025年累计实现原保险保费收入1958.99亿元，同比增长15%；中国太保（601601）合计保费收入达 4616.76亿元，同比增长4.43%。华创证券预计上市险企2025年保费均实现稳健增长。该行指，保险板块 持续两周调整，预计 ...

智通财经APP获悉，保险股集体上扬，截至发稿，友邦保险(01299)涨3.55%，报86港元；中国人寿 (02628)涨2.86%，报33.1港元；中国人保(01339)涨2.47%，报6.65港元；新华保险(01336)涨2.23%，报 61.8港元；中国平安(02318)涨2.06%，报69.5港元。 摩根士丹利近期发布研报称，预期2026年将是内险股再次跑赢大市的一年，主要驱动因素包括强劲的销 售增长、更佳的业务质量以及有利的投资环境，预期监管政策、利率走势及市场投资情绪将是追踪行业 整体表现的主要催化剂，相信行业估值有上升空间。另外，该行预期友邦保险(多数关键指标在去年第 四季将呈现持续改善的趋势，并维持对新业务价值健康增长的预期。 消息面上，近期，多家上市保险公司陆续披露2025年全年保费收入或净利润相关数据。其中，新华保险 2025年累计实现原保险保费收入1958.99亿元，同比增长15%；中国太保合计保费收入达4616.76亿元， 同比增长4.43%。华创证券预计上市险企2025年保费均实现稳健增长。该行指，保险板块持续两周调 整，预计主要受开门红增速回落、估值冲高影响。着眼短期，预计上市险企2 ...

本文源自：金融界AI电报 港股保险板块盘初走强，友邦保险(01299.HK)1涨2.35%，中国人寿(02628.HK)涨1.8%，保诚 (02378.HK)、中国人民保险集团(01339.HK)、中国太平(00966.HK)均涨超1%。 ...

Market Overview - The Hang Seng Index (HSI) closed at 26,752.51, down by 13.01 points or 0.05% as of January 26, 16:00 Eastern Time [1] - The index reached a high of 26,826.45 and a low of 26,622.25 during the trading session, with a trading volume of 35.7947 million [1] - The 52-week high for the index is 27,275.90, while the 52-week low is 19,335.70, indicating a trading range of 0.76% [1] Blue-Chip Stocks Performance - HSBC Holdings closed at HKD 132.695, up by 1.29% compared to the Hong Kong market close [2] - Tencent Holdings closed at HKD 600.708, reflecting a slight increase of 0.2% from the Hong Kong market close [2] - Alibaba Group (BABA) saw a decline of 1.96%, closing at HKD 165.200 [3] - Xiaomi Group (01810) decreased by 2.81%, closing at HKD 35.220 [3] - AIA Group (01299) remained unchanged at HKD 83.050 [3] Notable Stock Movements - New World Development (00016) experienced a significant increase of 3.93%, closing at HKD 119.000 [3] - Kuaishou Technology (01024) fell by 3.26%, closing at HKD 78.600 [3] - JD.com (09618) rose by 1.05%, closing at HKD 116.000 [3] - Ctrip Group (09961) increased by 1.40%, closing at HKD 492.200 [3]

近日，友邦人寿北京分公司（以下简称"友邦北京"）隆重发布全新营销员招募价值主张，全新价值主张 以"引领每一次跨越"为主题，依托友邦卓越营销员3.0策略，通过增加营销员渠道投入、优化营销员津 贴及晋升体系、定制化培训管理等一揽子举措，加大对优秀人才的招募和支持，为其提供广阔的事业前 景。 此次友邦人寿全新升级的招募价值新主张，旨在以"长期主义"价值观重塑营销员的职业发展，真正打造 陪伴客户一生的"健康及财富管理伙伴"和"保险企业家"，更响应新时代保险行业高质量发展的使命，为 行业注入发展动能。 夯实卓越营销员队伍，培育渠道人才沃土 为了顺应保险行业高质量发展趋势，持续深化渠道人才版图，此前，友邦北京秉承以客户需求为中心， 重磅推出"HEA人才计划"，不仅抓住当下养老与财富的新趋势，还提供更通畅的职业发展模式，帮助卓 越人才在复杂多变的环境中找到自己的位置。 本次招募价值主张升级也将持续夯实"HEA人才计划"。该计划旨在培养卓越人才，要求年龄在28-45 岁，本科及以上学历，金融、财务、法律、税务等专业人士及中高级管理经验者优先。友邦将予以多项 特殊政策支持、定制化培训支持及专项培养体系支持，为HEA人才发展进行 ...

近日，友邦人寿北京分公司（以下简称"友邦北京"）隆重发布全新营销员招募价值主张，全新价值主张 以"引领每一次跨越"为主题，依托友邦卓越营销员3.0策略，通过增加营销员渠道投入、优化营销员津 贴及晋升体系、定制化培训管理等一揽子举措，加大对优秀人才的招募和支持，为其提供广阔的事业前 景。 此次友邦人寿全新升级的招募价值新主张，旨在以"长期主义"价值观重塑营销员的职业发展，真正打造 陪伴客户一生的"健康及财富管理伙伴"和"保险企业家"，更响应新时代保险行业高质量发展的使命，为 行业注入发展动能。 与此同时，在高速发展的社会环境下，市场上涌现出更多具有事业进取心、卓越领导力，企图寻求不断 跨越向上的优秀人才，他们所处不同的行业领域，更希望遇见一同并肩向上的优秀伙伴，一份真正能够 获得价值认同和长久赋能的事业。 而这样的优秀人才，友邦恰好提供了一个全新的事业平台。作为将营销员制度引入中国的"拓荒者"，友 邦一直视人才为发展的核心竞争力和持续运营的关键。过往30年里，友邦为中国内地的寿险行业输送了 一大批优质的保险营销员。 在友邦，营销员的角色定位不仅仅是保险销售人员，更是陪伴客户一生的"健康及财富管理伙伴"和"保 险 ...

Market Overview - The US stock market indices showed mixed performance on Friday, with the Hang Seng Index ADR closing at 26,719.08 points, down by 30.43 points or 0.11% compared to the Hong Kong close [1]. Major Blue-Chip Stocks - HSBC Holdings closed at HKD 130.896, up by 0.69% from the Hong Kong close [2]. - Tencent Holdings closed at HKD 598.184, up by 0.54% from the Hong Kong close [2]. Stock Performance Summary - Tencent Holdings (HKD 595.000) saw a decrease of HKD 2.500, or -0.42%, with its ADR price at HKD 598.184, reflecting an increase of HKD 3.184 or 0.54% [3]. - Alibaba Group (HKD 168.500) increased by HKD 3.700, or 2.25%, with its ADR price at HKD 168.834, up by HKD 0.334 or 0.20% [3]. - HSBC Holdings (HKD 130.000) rose by HKD 0.300, or 0.23%, with its ADR price at HKD 130.896, up by HKD 0.896 or 0.69% [3]. - Xiaomi Group (HKD 36.240) increased by HKD 1.000, or 2.84%, with its ADR price at HKD 36.287, up by HKD 0.047 or 0.13% [3]. - AIA Group (HKD 83.050) rose by HKD 0.550, or 0.67%, with its ADR price at HKD 83.077, up by HKD 0.027 or 0.03% [3]. - Meituan (HKD 97.550) increased by HKD 0.550, or 0.57%, with its ADR price at HKD 97.735, up by HKD 0.185 or 0.19% [3]. - Kuaishou (HKD 81.250) rose by HKD 2.150, or 2.72%, with its ADR price at HKD 82.648, up by HKD 1.398 or 1.72% [3]. - Ctrip Group (HKD 485.400) increased by HKD 3.800, or 0.79%, with its ADR price at HKD 490.273, up by HKD 4.873 or 1.00% [3].

Market Overview - The Hang Seng Index (HSI) closed at 26,739.45, up by 109.49 points or 0.41% as of January 22, 16:00 Eastern Time [1] - The index reached a high of 26,865.49 and a low of 26,707.64 during the trading session, with a trading volume of 74.379 million shares [1] Stock Performance - HSBC Holdings closed at HKD 130.600, an increase of 0.69% compared to the previous close [2] - Tencent Holdings closed at HKD 594.990, a decrease of 0.42% compared to the previous close [2] - Alibaba Group (ADR) saw a price increase of 4.78%, closing at HKD 164.800, while its ADR price was USD 172.684 [3] - Other notable stock movements include: - China Ping An: down 2.34% to HKD 66.900 [3] - Baidu Group: up 4.10% to HKD 160.000 [3] - BYD Company: up 0.71% to HKD 99.750 [3] - New World Development: up 3.63% to HKD 114.200 [3]

AI基金西部利得港股通新机遇混合A（008861）披露2025年四季报，第四季度基金利润76.21万元，加权平均基金份额本期利润0.0342元。报告期内，基金净 值增长率为4.58%，截至四季度末，基金规模为1559.46万元。 该基金属于灵活配置型基金。截至1月21日，单位净值为0.811元。基金经理是胡超和周晶晶。 基金管理人在四季报中表示，港股市场在经历前期快速上涨后，四季度或受降息和关税预期反复整体进入调整，行业指数表现分化明显，恒生原材料、金融 和能源表现相对较好。本基金重视评估竞争格局和产业周期，精选在行业格局和产业趋势上共振的优质个股。策略上保持稳定，基于对行业格局和产业趋势 梳理，持续看好港股低估值保险板块配置价值，延续三季度策略战略性配置相关板块，同时适当增配出海价值个股和优质龙头公司。 截至1月21日，西部利得港股通新机遇混合A近三个月复权单位净值增长率为9.77%，位于同类可比基金542/1286；近半年复权单位净值增长率为22.31%，位 于同类可比基金624/1286；近一年复权单位净值增长率为58.35%，位于同类可比基金213/1286；近三年复权单位净值增长率为-5.88%，位 ...

Investment Rating - The industry investment rating is "Buy" [3] Core Insights - The Q4 predetermined interest rate research value is 1.89%, indicating that product predetermined rates remain stable [6] - The insurance industry is expected to see a marginal improvement in the "interest and expense difference" due to regulatory guidance aimed at reducing liability costs and potential increases in asset yields [6] - The dynamic adjustment mechanism for predetermined rates and the transformation of participating insurance are expected to drive down the rigid liability costs of new policies, leading to a turning point for existing liability costs [6] - The report suggests focusing on the insurance sector, with specific stock recommendations including China Ping An, China Life, China Taiping, and others [6] Summary by Sections Industry Overview - The Q4 predetermined interest rate research value is 1.89%, which does not meet the conditions for a rate reduction, as it is only 11 basis points lower than the current traditional insurance predetermined rate of 2.0% [6] - The expected stability of the predetermined interest rate is projected to continue into Q1 2026, with an estimated value of around 1.9% [6] Regulatory Environment - The China Insurance Industry Association has set guidelines for adjusting predetermined rates, which require a 25 basis point difference over two consecutive quarters to trigger a reduction [6] - The report highlights the importance of the 10-year government bond yield as a key indicator influencing the research value [6] Investment Recommendations - The report recommends focusing on the insurance sector, particularly companies such as China Ping An (A/H), China Life (A/H), China Taiping (H), and others, due to expected improvements in profitability margins [6][7]