金融界8月14日消息，上证指数高开低走，中证港股通非银行金融主题指数 (港股通非银，931024)上涨 2.07%，报4372.53点，成交额284.3亿元。 数据统计显示，中证港股通非银行金融主题指数近一个月上涨9.82%，近三个月上涨34.47%，年至今上 涨47.39%。 据了解，中证港股通非银行金融主题指数从港股通证券范围中选取符合非银行金融主题的不超过50家上 市公司证券作为指数样本，以反映港股通范围内非银行金融主题上市公司的整体表现。该指数以2014年 11月14日为基日，以3000.0点为基点。 从指数持仓来看，中证港股通非银行金融主题指数十大权重分别为：中国平安（15.05%）、友邦保险 （13.69%）、香港交易所（12.96%）、中国人寿（9.38%）、中国太保（7.72%）、中国财险 （6.77%）、新华保险（4.07%）、中国人民保险集团（3.81%）、中信证券（2.84%）、山高控股 （2.29%）。 从中证港股通非银行金融主题指数持仓的市场板块来看，香港证券交易所占比100.00%。 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 ...

Group 1 - China Ping An increased its stake in China Pacific Insurance (CPIC) by approximately 1.74 million shares at a price of HKD 32.0655 per share, totaling around HKD 55.84 million, resulting in a 5.04% ownership stake in CPIC's H-shares, triggering the "stockholding" threshold [2] - This marks the first instance of an insurance company acquiring a stake in a peer since China Life's acquisition of CPIC in 2019, drawing significant attention from the industry and market [2] - Insurance companies have been actively acquiring stakes in listed companies, with 22 instances recorded since 2025, although peer-to-peer acquisitions are relatively rare [2] Group 2 - The investment by China Ping An is characterized as a financial investment and part of the routine operations of its equity investment portfolio [2] - The positive outlook for the equity market has prompted China Ping An to increase its allocation in this area, as indicated by previous investments in Postal Savings Bank and China Telecom [2] - Analysts from China Galaxy Securities suggest that the insurance industry is moving towards high-quality development, with improved investment returns and reduced pressure on profit margins due to favorable policy changes [3] Group 3 - The recent acquisition by China Ping An signals that long-term capital, such as insurance funds, is also interested in insurance stocks, which are considered to have "dividend" characteristics [3] - The ongoing reforms in China's capital market are encouraging listed companies to focus more on shareholder returns, which may enhance the attractiveness of insurance stocks for institutional investors [3] - Current high dividend yields in the Hong Kong insurance sector, with companies like New China Life and Sunshine Insurance yielding over 5%, are likely to sustain the trend of insurance funds increasing their allocation to high-yield equity assets [3] Group 4 - China Pacific Insurance has distributed dividends 18 times since its listing, with a total dividend payout of CNY 119.28 billion, including CNY 85.41 billion from A-shares and CNY 33.87 billion from H-shares, reflecting a pre-tax dividend rate of 2.86% and a payout ratio of 23.23% [4] - Since 2025, the H-shares of China Pacific Insurance have increased by over 42%, closing at HKD 36 on August 14, with a rise of 4.71% on that day [6]

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。 中國太平洋保險（集團）股份有限公司 CHINA PACIFIC INSURANCE (GROUP) CO., LTD. 承董事會命 中 國 太 平 洋 保 險（集 團）股 份 有 限 公 司 傅 帆 董事長 香 港，2025年8月14日 於 本 公 告 日 期，本 公 司 執 行 董 事 為 傅 帆 先 生 和 趙 永 剛 先 生；非 執 行 董 事 為 黃 迪 南 先 生、王 他 竽 先 生、陳 然 先 生、周 東 輝 先 生、路 巧 玲 女 士 和John Robert DACEY先 生；和 獨 立 非 執 行 董 事 為 陳 欣 女 士、林 婷 懿 女 士、羅 婉 文 女 士、金 弘 毅 先 生 和 姜 旭 平 先 生。 （於中華人民共和國註冊成立的股份有限公司） （股份代號：02601） 董事會會議通知 中 國 太 平 洋 保 ...

Report Summary 1. Investment Rating No investment rating for the industry is provided in the report. 2. Core View Yesterday, it was suggested that there might be significant resistance near the upper pressure line of the stock market. Today, the stock market rose on strong trading volume but retreated in the late session, which was in line with expectations. At the industry level, affected by the information of Ping An Insurance Group's stake - increase, the financial sector showed a relatively strong trend. The banking sector was also supported to some extent by the transfer of profit - taking funds to high - dividend industries and showed resilience. In the futures index market, small - cap futures indexes pulled back significantly, while large - cap indexes were more resilient. After a failed attempt to break through and with most of the week's key data released, it is expected that market investment will turn cautious. There is only a small probability of another upward rush in the short term, and the market is expected to fluctuate and correct [6]. 3. Summary by Directory Market Review Today, the stock index continued to decline on heavy trading volume, while the large - cap index showed resilience. The trading volume of the two markets increased by 12.8272 billion yuan. In the futures index market, IF declined on heavy trading volume, IH rose on heavy trading volume, and IC and IM declined on reduced trading volume [4]. Important Information Ping An Insurance Group and its asset management subsidiary, Ping An Asset Management, increased their stakes in CPIC H - shares, triggering the mandatory tender offer threshold [5]. Strategy Recommendation For the insurance strategy, it is recommended to hold the underlying assets and buy put options [7]. Futures Index Market Observation | Index | Main Contract Intra - day Return (%) | Trading Volume (10,000 lots) | Trading Volume Change (10,000 lots) | Open Interest (10,000 lots) | Open Interest Change (10,000 lots) | | --- | --- | --- | --- | --- | --- | | IF | - 0.02 | 15.3749 | 2.6975 | 27.1876 | 0.5578 | | IH | 0.48 | 8.709 | 2.0405 | 10.4724 | 0.3248 | | IC | - 1.00 | 11.2146 | 0.5277 | 21.5557 | - 0.9652 | | IM | - 0.95 | 26.5731 | 3.6064 | 36.5293 | - 0.6229 | [7] Spot Market Observation | Index | Value | | --- | --- | | Shanghai Composite Index Return (%) | - 0.46 | | Shenzhen Component Index Return (%) | - 0.87 | | Ratio of Rising to Falling Stocks | 0.16 | | Total Trading Volume of the Two Markets (billion yuan) | 227.9209 | | Trading Volume Change (billion yuan) | 12.8272 | [8]

Core Viewpoint - The A-share market experienced a collective pullback, with the Shanghai Composite Index losing its 3700-point level, indicating a potential correction phase in the market [2][3]. Market Performance - The Shanghai Composite Index fell by 0.46% to close at 3666.44 points, while the Shenzhen Component and ChiNext Index dropped by 0.87% and 1.08%, respectively [2]. - A total of 4396 stocks declined, with only 727 stocks rising, reflecting a broader market downturn despite the seemingly moderate index declines [3]. - The trading volume reached 22.79 billion, marking a significant increase of 1.283 billion from the previous day, indicating a large sell-off [3]. Sector Analysis - Only four sectors saw gains, with the insurance sector leading at a 2.64% increase, driven by China Ping An's acquisition of a stake in China Pacific Insurance [5]. - The insurance sector is expected to benefit from a "Davis Double Play" scenario, where valuation recovery coincides with performance growth [5][6]. - The H-shares of insurance companies have recently outperformed their A-share counterparts, with some nearing a reversal in valuation ratios [5]. Investment Trends - There is a notable trend of "overseas flowers blooming while domestic flowers wither," where foreign investors have a better understanding of the insurance sector compared to domestic investors who have been focusing on speculative stocks [6]. - High dividend yields are highlighted as a focal point for long-term investors, particularly insurance funds, which are expected to be the biggest beneficiaries [6]. Market Sentiment - The current market is characterized by a peak in old themes and a lack of new themes, with performance being heavily scrutinized during the ongoing mid-year report disclosures [8]. - Data shows that 2900 stocks have underperformed the market since August, indicating a structural market where gains and losses are highly differentiated [8]. Monetary Policy - The People's Bank of China announced a 500 billion reverse repurchase operation, indicating ongoing efforts to maintain market liquidity [9]. - The total reverse repurchase operations in August are expected to exceed 1.2 trillion, suggesting a proactive approach to ensure sufficient liquidity in the market [9].

2025年1月至7月，中国太保子公司中国太平洋人寿保险股份有限公司累计原保险业务收入为人民币 1,859.62亿元，同比增长9.0%；子公司中国太平洋财产保险股份有限公司累计原保险业务收入为人民币 1,286.28亿元，同比增长0.8%。 中国经济网北京8月14日讯中国太保（601601）(601601.SH)昨日晚间发布保费收入公告。2025年1月1日 至2025年7月31日，中国太保累计原保险业务收入为3145.90亿元，同比增长5.5%。 ...

智通财经APP获悉，港股未能延续昨日强劲走势，三大指数集体高开低走。其中，恒科指表现最弱，午 后一度挫逾1%。截止收盘，恒生指数跌0.37%或94.35点，报25519.32点，全日成交额为2701.21亿港 元；恒生国企指数跌0.23%，报9128.93点；恒生科技指数跌0.97%，报5576.03点。 招商证券指出，在当前经济弱复苏/稳定复苏的环境下，流动性驱动仍然是股票市场的一个主要特点， 市场风险偏好的变化主导市场节奏，短期市场对国内政策预期有所降温；未来阶段市场将通过 7月和8 月的通胀数据、8月就业数据、8月下旬的Jackson Hole年会等对美联储降息预期进行修正，这可能导致 未来阶段美元指数的波动增大。同时考虑到当前港股市场情绪处于较高水平，在外部环境波动增大情况 下，港股可能进入阶段性震荡行情。 蓝筹股表现 李宁(02331)领涨蓝筹。截至收盘，涨5.88%，报18港元，成交额10.62亿港元，贡献恒指3.62点。星展表 示，公司已改善线下及电子商务渠道的零售折扣率，预计李宁2025及2026财年销售额，将分别温和增长 1%和6%，受跑步及户外服饰类别的稳定增长，及即将在意大利米兰举行的2 ...

中 國 太 平 洋 保 險（集 團）股 份 有 限 公 司（「本公司」）董 事 會（「董事會」）茲 通 告謹定於2025年8月28日（星 期 四）舉 行 董 事 會 會 議，以 審 議 及 批 准 本 公 司 截 至2025年6月30日止六個月之中期業績及其發佈，並處理其他有關事項。 承董事會命 中 國 太 平 洋 保 險（集 團）股 份 有 限 公 司 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。 中國太平洋保險（集團）股份有限公司 CHINA PACIFIC INSURANCE (GROUP) CO., LTD. （於中華人民共和國註冊成立的股份有限公司） （股份代號：02601） 董事會會議通知 香 港，2025年8月14日 於 本 公 告 日 期，本 公 司 執 行 董 事 為 傅 帆 先 生 和 趙 永 剛 先 生；非 執 行 董 事 為 黃 迪 南 先 生、王 他 竽 ...

| 代码 | 名称 | 主力净流入（元） | 主力净占比 游资净流入 (元) | | 游资净占比 散户净流入（元） | | 散户净占比 | | --- | --- | --- | --- | --- | --- | --- | --- | | 601318 中国平安 | | 4.671Z | 7.61% | -2.961Z- | -4.82% | -1.717, | -2.79% | | 601601 中国太保 | | 1.39亿 | 6.86% | -1914.71万 | -0.94% | -1.20亿 | -5.91% | | 601319 中国人保 | | 1.36/Z | 8.72% | -6226.21万 | -4.00% | -7356.58万 | -4.72% | | 601336 新华保险 | | 1.30亿 | 7.26% | -7513.89万 | -4.21% | -5456.01万 | -3.06% | | 601628 中国人寿 | | 2469.25万 | 1.72% | 2463.82万 | 1.72% | -4933.08万 | -3.44% | 从资金流向上来看，当日保险板块 ...

近日，中国平安及旗下平安人寿、平安养老等子公司，频繁增持银行、通讯、保险等H股。 香港交易所 最新披露信息显示 ，8月11日，中国平安以平均每股32.07港元的价格买入中国太保H股，合计买入 174.14万股，耗资约5583.89万港元。此次增持后，占中国太保H股持股比例从4.98%提高到5.04%。 中国平安方面对券商中国记者表示，相关投资属于财务性投资，是险资权益投资组合的常规操作。 据港交所披露易显示，平安人寿于8月8日增持1414.1万股邮储银行H股股份，于当日达到该行H股股本的 15%。这已经是第三次举牌，此前1月8日首次举牌邮储银行H股之后，5月9日又耗资超过1.1亿港元增持邮储银 行H股。 增持中国太保H股达5% 券商中国记者查询港交所披露易发现，8月11日，中国平安以平均每股32.07港元的价格买入中国太保H股，合 计买入174.14万股，耗资约5583.89万港元。 此前，中国平安就持有中国太保H股1.38亿股，占H股总股本比例达到4.98%；此次增持之后，共计持有中国太 保H股1.40亿股，持股比例达到了5.04%。 操作上，中国平安通过旗下子公司平安人寿持有中国太保H股13809万股，子 ...