香港交易及結算所有限公司及香港聯合交易所有限公司對本公告的內容概不負責，對其準 確性或完整性亦不發表任何聲明，並明確表示，概不對因本公告全部或任何部份內容而產 生或因倚賴該等內容而引致的任何損失承擔任何責任。 於2026年2月13日（星期五）舉行的2026年第一次臨時股東會的投票結果 | 出席臨時股東會的股東和授權代表人數 | 5,678 | | --- | --- | | 其中：A股股東人數 | 5,674 | | H股股東人數 | 4 | | 所持有表決權的股份總數 | 7,769,990,617 | | 其中：A股股東所持有表決權的A股股份總數 | 3,318,174,680 | | H股股東所持有表決權的H股股份總數 | 4,451,815,937 | 1 | 佔本公司股份總數的比例 | 42.9100 | | --- | --- | | 其中：A股股東所持A股佔股份總數的比例 | 18.3247 | | H股股東所持H股佔股份總數的比例 | 24.5853 | 會議的召開符合公司法、《上市公司股東會規則》及公司章程的規定。本公司董事長馬明哲 先生因其他公務安排遠程參會，為保障會議效果，經董事長提議， ...

Group 1 - JPMorgan's long position in Ping An Insurance (Group) Company of China, Ltd. - H shares increased from 7.95% to 8.23% as of February 9, 2026 [1]

证券代码：601318 证券简称：中国平安 公告编号：临 2026-001 中国平安保险（集团）股份有限公司 2026年第一次临时股东会决议公告 中国平安保险（集团）股份有限公司（以下简称"本公司"或"公司"）董事会 及全体董事保证本公告内容不存在任何虚假记载、误导性陈述或者重大遗漏，并 对其内容的真实性、准确性和完整性承担法律责任。 重要内容提示： | 1、出席会议的股东和代理人人数 | 5,678 | | --- | --- | | 其中：A 股股东人数 | 5,674 | | 境外上市外资股股东人数（H 股） | 4 | | 2、出席会议的股东所持有表决权的股份总数（股） | 7,769,990,617 | | 股股东持有股份总数 其中：A | 3,318,174,680 | | 境外上市外资股股东持有股份总数（H 股） | 4,451,815,937 | | 3、出席会议的股东所持有表决权股份数占股份总数的比例 | | | （%） | 42.9100 | | 其中：A 股股东持股占股份总数的比例（%） | 18.3247 | | 境外上市外资股股东持股占股份总数的比例（%） | 24.5853 | ( ...

法律意见书 编号: AJFS2026SZ (20260213) AnJie Broad 安办山治 杰出 所以安心 Dedicated to Excellence 致：中国平安保险（集团）股份有限公司 关于 中国平安保险(集团)股份有限公司 2026年第一次临时股东会的 北京安杰世泽(深圳)律师事务所(以下简称"本所")是在中华人民共和国 (以下简称"中国",不向括香港特别行政区、澳门特别行政区及台湾地区)注册 并经中国司法部门批准从业的律师事务所。本所接受中国平安保险(集团)股份 有限公司(以下简称"公司"或"中国平安")的委托,指派律师列席了中国平安于 2026 年 2 月 13 日召开的 2026 年第一次临时股东会（以下简称"本次股东会")。 根据中国平安的要求,并根据《中华人民共和国公司法》(以下简称"《公司法》")、 《中华人民共和国证券法》(以下简称"《证券法》")、《上市公司股东会规则》 (以下简称"《股东会规则》")等有关法律、法规和规范性文件以及《中国平安 保险（集团）股份有限公司章程》(以下简称"《公司章程》")、《中国平安保险 (集团)股份有限公司股东会议事规则》(以下简称"《股东会议事 ...

Core Viewpoint - JPMorgan has increased its long position in Ping An Insurance (Group) Company of China, Ltd. - H shares from 7.95% to 8.23% as of February 9, 2026 [1] Company Summary - JPMorgan's long position in Ping An Insurance has seen an increase, indicating a growing confidence in the company's performance and potential [1]

Industry Focus - The ten bank-affiliated insurance companies are projected to achieve a total premium income of 477.15 billion yuan by 2025, representing a year-on-year growth of 15.29% [1] - The net profit for these companies is expected to reach 24.364 billion yuan, a significant increase of 145.06% compared to 2024, with all companies reporting profitability [1] - Notably, CITIC Prudential Life and Everbright Sun Life have turned losses into profits [1] - The average simple investment return rate is projected to be 4.153%, with five companies exceeding 4%, although the comprehensive investment return rate has declined to an average of 1.71%, down 8.004 percentage points year-on-year [1] Corporate Dynamics - Ping An Life Insurance Co., Ltd. has increased its registered capital from 33.8 billion yuan to approximately 36.003 billion yuan, marking a growth of about 7% [2] - This capital increase, driven by shareholders, aims to enhance the company's capital strength and solvency, potentially improving its comprehensive solvency and market competitiveness [2] Financial Personnel Changes - The chairman of China Post Life Insurance Co., Ltd., Han Guangyue, has submitted his resignation due to personal age reasons, with his 60th birthday approaching in two months [3] - Zeng Shangyou has been appointed as the temporary head and party secretary of PICC Reinsurance Co., Ltd., following the resignation of former chairman Xiao Jianyou in October 2025 [4] - Lei Wanchun has been approved as the general manager of Three Gorges Life Insurance Co., Ltd. by the Chongqing Financial Regulatory Bureau [5] - Yan Wenbo, the party secretary and president of Huajin Securities, is set to be appointed as the chairman of Hengqin Life Insurance, succeeding Qian Zhonghua, who resigned on January 22 [6]

Core Viewpoint - The company, Ping An Pension Insurance, is actively engaged in a nationwide public welfare initiative called "New Year Warmth Delivery," aimed at providing support and care to vulnerable groups, including impoverished families, elderly individuals living alone, children in need, and families with special requirements during the New Year period [1][8]. Group 1: Targeted Assistance - In Taibai Village, Shaanxi Province, volunteers from Ping An Pension Insurance's Shaanxi branch visited impoverished families, engaging in conversations to understand their health, income, and challenges, while also providing essential supplies like rice and cooking oil [1]. - In Laohhe Village, Anhui Province, the company donated 100 computers to enhance the information technology capabilities of local government offices and schools, and conducted financial literacy classes for students to raise awareness about financial safety [1]. Group 2: Care for Special Groups - In Wuhan, Hubei Province, volunteers collaborated with a center for families with autistic children, providing essential supplies and engaging in interactive activities to foster communication and support for these families [4]. - In Yinchuan, Ningxia Province, the company provided school supplies and educational materials to underprivileged children, aiming to encourage their optimism and healthy growth [4]. - In Jinan, Shandong Province, volunteers delivered essential goods to sanitation workers, acknowledging their hard work during the winter season [4]. Group 3: Community Engagement - In Changsha, Hunan Province, volunteers visited elderly individuals and families in need, offering support and information about available policy assistance while delivering care packages [6]. - In Urumqi, Xinjiang Province, the company set up a "Warmth Point" at a busy train station, providing travelers with practical items and festive goods to enhance their travel experience during the New Year [6]. Group 4: Commitment to Long-term Support - The company emphasizes that true warmth comes from sustained companionship and consistent efforts rather than one-time donations, reflecting its commitment to ongoing community support and care [8].

Core Viewpoint - The approval for the change of business location for China Ping An Property & Casualty Insurance Co., Ltd. Guangzong Branch has been granted by the Xingtai Financial Regulatory Bureau [1] Group 1 - The new business location for China Ping An Property & Casualty Insurance Co., Ltd. Guangzong Branch is specified as: S-2 Building 303, Tianyi City Commercial Street, East Side of Heping Road South Section, South Side of Limao Street, Guangzong County, Xingtai City, Hebei Province [1] - The company is required to handle the change and obtain the new license in accordance with relevant regulations [1]

Core Insights - The Hong Kong stock market is experiencing two distinct but resonant waves of incremental capital from mainland China and South Korean retail investors, with mainland southbound funds achieving a record net purchase of 1.41 trillion HKD, establishing themselves as core builders of pricing power in the market [1][10] - Southbound funds are characterized by long-term value investment, while South Korean retail investors engage in high-frequency trading and narrative-driven investments, creating a diversified funding source and a layered pricing logic in the Hong Kong market [1][10] Funding Scale and Structure - Southbound funds have become the core incremental source and valuation system reshaper for the Hong Kong market, with a cumulative net inflow of 5.11 trillion HKD by the end of 2025, and a market value exceeding 6.3 trillion HKD, accounting for 12.7% of the total market [2] - South Korean retail investors, while having a smaller capital scale, exhibit concentrated trading behavior and significant leverage, particularly impacting specific sectors like new economy IPOs and the semiconductor industry [2][5] Industry Preferences - Southbound funds focus on financials and high-dividend utilities, with significant investments in major banks and state-owned enterprises driven by high dividend yields and low valuation levels, while South Korean investors show minimal interest in these sectors [3][5] - South Korean retail investors heavily invested in Xiaomi and MiniMax-WP, demonstrating a high turnover and narrative-driven trading approach, contrasting with the stable, long-term holdings of Southbound funds [5][8] Trading Behavior and Decision-Making - Southbound funds exhibit a decision-making anchor based on dividend yield, ROE stability, and free cash flow generation, characterized by continuous accumulation and stable holdings, as seen with significant net purchases in major banks [8][9] - South Korean retail investors, on the other hand, are driven by industry narrative strength and social media trends, with a high frequency of trading and a tendency to hold stocks for less than three months, reflecting a stark contrast to the long-term holding strategy of Southbound funds [9][10] Market Dynamics - The influx of South Korean retail investors into the Hong Kong market represents a diversification of the investor base, providing liquidity while also potentially increasing volatility during certain periods [9][10] - The interaction between Southbound funds and South Korean retail investors is creating a new normal in the Hong Kong market characterized by layered pricing and concurrent narratives, necessitating both stable investment strategies and agile trading approaches [10]

智通财经APP获悉，根据2026年2月12日披露数据，中国电信（00728）、昊天国际建投（01341）、绿 色动力环保（01330）位居港股通持股比例前3位，分别为71.33%、69.79%、68.88%。此外，腾讯控股 （00700）、阿里巴巴－W（09988）、南方恆生科技（03033）在最近有统计数据的5个交易日内，持股 额增幅最大，分别为+99.96亿元、+34.58亿元、+24.12亿元;中国平安（02318）、山东黄金（01787）、 招金矿业（01818）在最近有统计数据的5个交易日内，持股额减幅最大，分别为-5.71亿元、-5.66亿 元、-4.04亿元。 具体数据如下（交易所数据根据T+2日结算）： 1、港股通最新持股比例排行（前20名） | 公司名称 | 持股数量 | 最新持股比例 | | --- | --- | --- | | 中国电信(00728) | 99.00亿股 | 71.33% | | 昊天国际建投(01341) | 77.44亿股 | 69.79% | | 绿色动力环保(01330) | 2.79亿股 | 68.88% | | 南方恆生科技(03033) | 101.67亿 ...