以金额进行统计，4月17日回购金额最多的是友邦保险，回购金额为2.44亿港元；其次是中国宏桥，回 购金额为1.11亿港元；回购金额居前的还有瑞声科技、波司登等。回购数量上看，4月17日回购股数最 多的是有赞，当日回购量为1380.00万股；其次是中国宏桥、波司登等，回购数量分别为850.80万股、 500.00万股。 值得关注的是，卡罗特本次回购为年内首次进行回购。本次回购2.44亿港元的友邦保险，年内则进行多 次回购，合计回购金额为61.97亿港元。（数据宝） 证券时报·数据宝统计显示，4月17日有50家香港上市公司进行了股份回购，合计回购4720.10万股，回购 金额4.97亿港元。 友邦保险回购数量450.00万股，回购金额2.44亿港元，回购最高价为54.250港元，最低价为53.000港元， 年内累计回购金额61.97亿港元；中国宏桥回购数量850.80万股，回购金额1.11亿港元，回购最高价为 13.280港元，最低价为12.780港元，年内累计回购金额16.22亿港元；瑞声科技回购数量90.00万股，回购 金额3006.05万港元，回购最高价为33.800港元，最低价为32.450港元，年内累计 ...

Group 1 - The appointment of Zhang Min as Deputy General Manager marks a clearer senior management structure at AIA Life, a leading foreign life insurance institution [2] - A core team of nearly 20 executives has been established, including 11 Deputy General Managers, indicating a well-defined hierarchy and division of responsibilities [3][5] - The management team is characterized by youthfulness, with a significant representation from the "post-75" generation, and a notable number of "Chief" positions have been created to comply with regulatory requirements [5][6] Group 2 - Zhang Xiaoyu will transition from General Manager to Chairman of AIA Life in March 2025, while Yu Hong, a former executive from Ping An, is expected to take over as General Manager [7][10] - Both Zhang Xiaoyu and Yu Hong are recognized figures in the Chinese life insurance sector, with extensive experience and notable achievements in their careers [11] Group 3 - The trend of hiring executives from the "Ping An system" reflects AIA's strategy to leverage experienced talent for its expansion efforts [13][24] - AIA Life has recently received approval to establish branches in four regions, which collectively have a GDP of 27 trillion RMB, potentially reaching an additional 100 million customers [23][24] Group 4 - AIA Life reported significant growth in key operational metrics, including a 20% increase in new business value and an 18% rise in total weighted premium income [25] - The company is focused on maintaining a healthy business structure and competitive differentiation, emphasizing the importance of talent development and innovation [27]

智通财经4月15日电，香港交易所信息显示，摩根大通在友邦保险的持股比例于04月09日从7.06%降至 6.98%，平均股价为49.9479港元。 ...

Core Viewpoint - The China Securities Index for non-bank financial themes has shown a mixed performance, with a recent increase of 3.63% but a decline of 11.34% over the past month [1][2]. Group 1: Index Performance - The China Securities Index for non-bank financial themes closed at 2875.01 points with a trading volume of 14.822 billion yuan [1]. - Year-to-date, the index has decreased by 4.54%, while it has increased by 4.16% over the last three months [1]. Group 2: Index Composition - The index comprises up to 50 listed companies that meet the non-bank financial theme criteria, reflecting the overall performance of this sector within the Hong Kong Stock Connect [1][2]. - The top ten weighted companies in the index include Hong Kong Exchanges (17.3%), China Ping An (14.56%), and AIA Group (14.48%) [1]. Group 3: Sector Breakdown - The index's sample composition shows that insurance accounts for 64.72%, other capital markets for 21.81%, and securities companies for 12.10% [2]. - Other financial services and consumer credit represent a minimal portion of the index, at 1.19% and 0.19% respectively [2]. Group 4: Sample Adjustment Mechanism - The index samples are adjusted biannually, with changes implemented on the next trading day following the second Friday of June and December [2]. - In special circumstances, temporary adjustments may occur, such as when a sample company is delisted or when new companies meet the criteria for inclusion [2].

金融界4月14日消息，上证指数高开高走，中证香港300现代服务指数 (H300现代服务，H30107)报 1442.23点。 从中证香港300现代服务指数持仓样本的行业来看，金融占比34.49%、通信服务占比27.84%、可选消费 占比24.40%、房地产占比4.48%、公用事业占比3.79%、工业占比2.25%、医药卫生占比1.61%、信息技 术占比1.14%。 资料显示，指数样本每半年调整一次，样本调整实施时间分别为每年6月和12月的第二个星期五的下一 交易日。特殊情况下将对指数进行临时调整。当样本退市时，将其从指数样本中剔除。样本公司发生收 购、合并、分拆等情形的处理，参照计算与维护细则处理。 据了解，中证香港300主题指数系列从中证香港300指数样本中根据中证行业分类选取符合相应主题的证 券作为指数样本，反映了在香港交易所上市各主题证券的整体表现。该指数以2004年12月31日为基日， 以1000.0点为基点。 从指数持仓来看，中证香港300现代服务指数十大权重分别为：腾讯控股（17.81%）、阿里巴巴-W （12.17%）、汇丰控股（8.41%）、美团-W（5.41%）、建设银行（4.82%）、友邦 ...

1. 友邦保险(01299.HK)拟回购最高达16亿美元的股份。 2. 世茂集团(00813.HK)一季度累计合约销售总额约70.7亿元。 3. 富力地产(02777.HK)3月总销售收入共约11.9亿元，同比增长10.2%。 4. 紫金矿业(02899.HK)一季度归母净利润101.67亿元，同比增长62.39%。 5. 花旗集团增持中国人寿(02628.HK)约514.5万股，每股作价约12.83港元。 6. 中广核新能源(01811.HK)3月完成发电量1765.1吉瓦时，同比减少4.7%。 7. 众安在线(06060.HK)前三个月原保险保费收入约79.57亿元，同比增长12.29%。 8. 君实生物(01877.HK)主席熊俊认可公司长期投资价值，拟增持不低于1亿元的股份。 9. 如祺出行(09680.HK)联手高域科技战略合作，探索"飞行汽车+Robotaxi"智慧交通新场景。 10. 昭衍新药(06127.HK)可能因美国FDA拟取消单克隆抗体及其他药物的动物试验而导致股价异动。 11. 中国太保(02601.HK)：太平洋人寿保险一季度累计原保险保费收入1002.15亿元，同比增长9.3%。 ...

每经记者 黄婉银 每经编辑 魏文艺 ｜2025年4月14日 星期一｜ NO.1 宁德时代获港交所上市批准，预计筹资50亿美元 4月11日，全球最大的电动汽车电池制造商宁德时代获得香港交易所上市批准，预计筹资规模至少达到50亿美元，有望成为2025年全球规模最 大的招股案。宁德时代发言人宣布，公司于周四获得港交所批准，最快可能在5月份登陆香港股市。此次上市若成功融资50亿美元，将成为自 2021年快手科技IPO以来香港规模最大的上市案。 点评：宁德时代获港交所上市批准，预计筹资50亿美元，将成为香港最大IPO之一，反映出电动车市场的强劲需求。投资者应关注其融资用途 及未来增长潜力，适时考虑参与，分散投资风险。 NO.2 腾讯与长安汽车合作推动智能驾驶 4月11日，富力地产（HK02777，股价1.01港元）公布，集团于2025年3月的月內总销售收入共约11.9亿元，同比增加10.2%，销售面积达约 11.84万平方米。累计至2025年3月底，总销售收入约27.7亿元，同比增加2.21%，销售面积达约25.48万平方米。 点评：富力地产3月销售收入同比增长10.2%，显示出市场回暖迹象。尽管累计增幅较小，投资者应 ...

Investment Rating - The report maintains a "Recommendation" rating for the insurance industry, suggesting that the industry index is expected to rise more than 5% over the next 3-6 months compared to the benchmark index [22]. Core Insights - The insurance index fell by 4.77% this week, underperforming the broader market by 1.89 percentage points. Major insurance stocks also experienced declines, with notable drops from companies like AIA (-15.93%) and Taiping (-16.17%) [1]. - The insurance sector is seeing significant growth in the electric vehicle (EV) insurance market, with 31.05 million EVs insured in 2024, generating premium income of 140.9 billion yuan. This represents 15.4% of the total auto insurance premiums [4]. - The report highlights that the profitability of the auto insurance segment is crucial for the overall profitability of property insurance companies, with EV insurance becoming a competitive focus as penetration rates increase [5]. Summary by Sections Market Performance - The insurance index decreased by 4.77% this week, with major companies like Ping An and China Life also showing declines [1]. - The 10-year government bond yield is at 1.66%, down 6 basis points from the previous week [1]. Regulatory Developments - The China Banking and Insurance Regulatory Commission announced adjustments to the regulatory ratios for equity assets, increasing the upper limit for equity asset allocation and relaxing requirements for tax-deferred pension ratios [2]. - By the end of 2024, the first batch of pilot commercial pension accounts reached approximately 1.955 million, a nearly 230% increase from the end of 2023 [2]. Electric Vehicle Insurance Insights - The average premium for EV insurance in 2024 is approximately 4,538 yuan, which is a concern for potential customers due to high costs. Despite this, the segment is experiencing underwriting losses primarily due to high claims and repair costs [4]. - The report suggests that collaboration between insurers and automakers to enhance data models could improve pricing accuracy for EV insurance [4]. Investment Recommendations - The report notes that the recent market downturn due to tariff conflicts has led to a valuation correction in the insurance sector, presenting potential long-term investment opportunities [5]. - Current price-to-earnings (PE) and price-to-book (PB) ratios for major insurers are provided, with Ping An at a PE of 6.53 and a PB of 0.91, indicating a strong buy recommendation [10].

友邦保险公告，公司董事会宣布根据资本管理政策启动16亿美元股份回购计划。公司已与一家国际独立 经纪商签订协议，委托其全权运作回购计划。根据协议，经纪商将在香港联交所回购公司股份，金额最 高可达16亿美元，约124.36亿港币。回购计划的持续期限最长为三个月。 ...

Financial Performance - The new business value for 2024 is projected at $5.407 billion, reflecting a decrease from $8.606 billion in 2022[18]. - The annualized new premiums for 2024 are reported at $5.219 billion, down from $8.606 billion in 2022[18]. - The post-tax operating profit for 2024 is estimated at $41.398 billion, showing an increase from $36.859 billion in 2023[20]. - Total weighted premium income for 2024 is expected to reach $71.626 billion, compared to $71.202 billion in 2023[22]. - The insurance benefits and claims for 2024 are projected to be $21 billion[13]. - AIA achieved a strong performance in 2024, with key financial indicators such as profitable new business, core earnings, and cash flow recording double-digit growth[63]. - The company returned $6.5 billion to shareholders, including a proposed final dividend increase of 10% to $0.13098 per share[67][69]. - Net profit for 2024 was $6.836 billion, an increase of 84% compared to 2023, with basic earnings per share rising by 92% to 61.79 cents[163][165]. - The company’s embedded value equity increased by 13% to $78.104 billion, with a year-end embedded value equity of $71.626 billion after accounting for dividends and share buybacks[67]. - The total embedded value profit for 2024 was $9.087 billion, up from $5.163 billion in 2023[130]. Shareholder Returns - The company aims to return 75% of annual generated free surplus to shareholders through dividends and share buybacks, following the optimized capital management policy announced in April 2024[33]. - The board proposed an additional final dividend of $1.00 per share and approved a further $1.6 billion share buyback, enhancing the total shareholder return to approximately 6%[107]. - The company has returned $18.2 billion to shareholders through dividends and share buybacks from 2022 to 2024[117]. - The board has proposed a 10% increase in the final dividend per share to 130.98 HK cents, reflecting a commitment to a sustainable dividend policy[199]. - The company plans to initiate a new round of $1.6 billion share repurchase, aiming to achieve a payout ratio of 75% of the net free surplus generated annually[199]. Business Growth and Expansion - AIA is expanding its presence in mainland China, with regulatory approval to establish branches in four new provinces, reaching approximately 340 million target customers across 14 regions[34]. - New business value in Hong Kong grew by 23% to $1.764 billion, driven by an increase in active agents and productivity[88]. - New business value in China increased by 20% to $1.217 billion, reflecting successful strategies to meet the financial protection needs of affluent customers[88]. - New business value in Thailand increased by 15% to a record high of USD 816 million, driven by productivity growth and an increase in active insurance sales agents[89]. - New business value in Singapore grew by 15% to USD 454 million, with strong performance across all distribution channels[90]. - New business value in Malaysia increased by 10% to USD 349 million, supported by strategic partnerships and strong growth in the corporate solutions business[90]. - New business value in other markets grew by 18% to USD 467 million, with all markets in this segment recording growth[91]. Digital and Technological Initiatives - AIA Group has been recognized as the "Digital Insurer of the Year" for four consecutive years by InsuranceAsia News[13]. - The digital submission rate for new business reached 99%, and 82% of all policies were completed through automated underwriting, resulting in a 43% reduction in unit costs from 2020 to 2024[93]. - AIA launched AIA International Wealth in Singapore in April 2024, aimed at providing wealth management services to high-net-worth individuals[34]. Corporate Social Responsibility and ESG - The company has committed to a $1 billion scholarship program to support 100 university students in Hong Kong, celebrating its first graduates in 2024[57]. - AIA's "AIA Vitality" program has seen over 95 million physical activities and 1.7 million mindfulness courses completed by members across 12 markets[54]. - The company has positively impacted 496 million people through various initiatives aimed at improving health and promoting financial inclusivity[70]. - The company continues to be recognized for its ESG efforts, ranking in the top decile of the insurance industry by Sustainalytics[71]. Financial Position and Capital Management - The company maintained a strong financial position with free surplus growing to $19.032 billion, and a year-end free surplus of $12.554 billion after accounting for capital returns[67]. - The capital management policy includes a total dividend of approximately $2.4 billion and a $2.3 billion share buyback for 2025[102]. - The company’s capital ratio remained strong at 236% as of December 31, 2024, down from 269% at the end of 2023 due to capital returns to shareholders[119]. - The leverage ratio increased to 13.1% from 12.1% in 2023, primarily due to increased borrowing and reduced equity from capital returned to shareholders[179]. Investment Performance - The total investment return for non-participating and surplus assets increased by 4% to $5.816 billion[156]. - The investment performance net amount after expenses decreased by 1% to $3.303 billion, but adjusted for certain items, it increased by 6%[155]. - The average credit rating of the fixed income investment portfolio remained stable at A, with 2% of the entire bond portfolio rated below investment grade or unrated, valued at approximately $3.4 billion[187].