来源：学慧观天下 这两天地产界又传出一个重磅消息，中国平安（601318.SH）派出的董事王葳在11月20日公开登报声明，称她本人对公司华夏幸福（600340.SH）申请破产预重整一事完全不知情，她已就上述 已经成功重组了近2000亿元金融债务的华夏幸福，为何会被400余万元的工程欠款逼到进行破产预重整？为什么董事王葳公开提出反对意见？总市值达万亿元的中国平安与曾经的千亿华夏幸福之 至三季度末，中国平安旗下的平安人寿及寿险产品合计持有华夏幸福9.8亿股，持股比例约为25.05%。2018年，平安人寿曾耗费近180亿元获得华厦夏幸福7.58亿股股份，持股比例为25.25% 之前2021年，在华夏幸福陷入债务危机之时，中国平安还计提了432亿元投资华夏幸福的资产损失。这意味着，在投资华夏幸福7年之后，中国平安累计亏损600亿元。本来以为双方联姻会很"幸 01 产也"破"、债也"破"，司法程序来助"破" 华夏幸福11月17日发布公告，称债权人龙成建设向廊坊中院申请对公司进行重整，同时申请启动预重整程序。 公告称，公司收到河北省廊坊市中院送达的《通知书》，债权人龙成建设工程有限公司，向河北省廊坊市中院申请启动华夏幸福 ...

二、中国平安财产保险股份有限公司应按照有关规定及时办理变更及许可证换领事宜。 一、同意中国平安财产保险股份有限公司东阜城镇营销服务部将营业场所变更为：新疆石河子市东阜城 镇2小区97栋9号。 2025年11月17日，石河子金融监管分局发布批复称，《关于中国平安（601318）财产保险股份有限公司 东阜城镇营销服务部变更营业场所的请示》（平保产新分石河子中支发〔2025〕13号）收悉。经审核， 现批复如下： ...

Group 1 - China Pacific Insurance (Group) Co., Ltd. increased its stake in CRRC Corporation Limited by acquiring 8.58 million shares at an average price of HKD 6.3429 per share, totaling approximately HKD 54.42 million [1][2] - Following this transaction, China Pacific Insurance's total shareholding in CRRC has risen to 265,816,000 shares, increasing its ownership percentage from 5.88% to 6.08% [1][2]

格隆汇11月21日丨根据联交所最新权益披露资料显示，2025年11月17日，中国中车(01766.HK)获中国平安保险（集团）股份有限公司在场内以每股均价 6.3429港元增持858万股，涉资约5442.21万港元。 | 表格序號 | 大股東/董事/最高行政人員名稱 作出披露的 買入 / 賣出或涉及的股每股的平均價 | | 持有權益的股份數目 佔已發行的 有關事件的日 | | | --- | --- | --- | --- | --- | | | | | (請參聞上述*註解)有技票權版(日/月/年) | | | | | | 分自分库 | | | CS20251120E00027 | 中国平安保险(集团)股份有 (1001(L) | 8,580,000(L) | HKD 6.3429 265,816,000(L) | 6.08(L)17/11/2025 | | | 限公司 | | | | 增持后，中国平安保险（集团）股份有限公司最新持股数目为265,816,000股，持股比例由5.88%上升至6.08%。 ...

文字数：2975，阅读时长大约5分钟 2025.11.20 本 作者 | 第一财经 孙梦凡 曾经的环京"地产一哥"华夏幸福，因一笔417.16万的工程款，于几日前被债权人申请重整，且法院已受 理"预重整"程序。 但这一"重整"计划并未得到第一大股东的认可。华夏幸福现任董事王葳于19日夜间公开发声，称自己对 预重整完全不知情，已向监管部门投诉其程序合规问题。 作为"平安系"在华夏幸福的代表，这不是王葳首次向华夏幸福表达异议。此前，王葳还对其2025年中报 的资产减值事项投出"反对票"，理由是"置换带处理不审慎"。这笔债务置换方案"涉险"通过前，债权人 曾质疑公司"掏空优质资产"。 10月下旬，平安人寿及其一致行动人平安资管，还累计减持华夏幸福7,815,487股股份，减持后平安系持 股比例从25.19%降至24.99%。 417万欠款引发的重整风波 华夏幸福的"预重整"还未有进展，便已出现意外波澜。 11月19日晚间，华夏幸福现任董事王葳发表公开声明，称对华夏幸福发布预重整公告一事完全不知情， 公司未通过任何形式进行告知。 "该公告的发布完全绕过本人，严重违反了公司章程规定的董事会议事规则和公司治理的基本程序。 ...

本文字数：2975，阅读时长大约5分钟 2025.11. 20 作者 | 第一财经 孙梦凡 曾经的环京"地产一哥"华夏幸福，因一笔417.16万的工程款，于几日前被债权人申请重整，且法院已 受理"预重整"程序。 但这一"重整"计划并未得到第一大股东的认可。华夏幸福现任董事王葳于19日夜间公开发声，称自己 对预重整完全不知情，已向监管部门投诉其程序合规问题。 作为"平安系"在华夏幸福的代表，这不是王葳首次向华夏幸福表达异议。此前，王葳还对其2025年 中报的资产减值事项投出"反对票"，理由是"置换带处理不审慎"。这笔债务置换方案"涉险"通过前， 债权人曾质疑公司"掏空优质资产"。 10月下旬，平安人寿及其一致行动人平安资管，还累计减持华夏幸福7,815,487股股份，减持后平安 系持股比例从25.19%降至24.99%。 417万欠款引发的重整风波 华夏幸福的"预重整"还未有进展，便已出现意外波澜。 11月19日晚间，华夏幸福现任董事王葳发表公开声明，称对华夏幸福发布预重整公告一事完全不知 情，公司未通过任何形式进行告知。 "该公告的发布完全绕过本人，严重违反了公司章程规定的董事会议事规则和公司治理的基本程 序 ...

Core Insights - The 19th Shenzhen International Financial Expo and the 2025 China Financial Institutions Annual Conference took place from November 19 to 20, highlighting the rapid growth of insurance fund utilization in China since the 20th century [1] Group 1: Insurance Fund Growth - As of the end of Q3 2025, the total insurance fund utilization in China reached 37 trillion yuan, with stock investments exceeding 3.6 trillion yuan [1] - Ping An Group manages over 6 trillion yuan in insurance assets, with secondary market equity investments exceeding 800 billion yuan [1] Group 2: Investment Strategy - From 2021 to the first half of 2025, the compound annual growth rate of the company's secondary market equity investments surpassed 17%, significantly outpacing the growth rate of the company's insurance asset scale [1] - The company emphasizes the need for insurance funds to adopt a long-term investment approach, focusing on stable and value-driven assets with high dividends [1] Group 3: Global Insights and Strategies - The speaker referenced experiences from insurance institutions in Japan, the United States, and Germany during low-interest rate periods, indicating that increasing equity allocation is essential for navigating such environments [1] - When fixed-income asset returns fail to meet asset-liability matching requirements, it is advisable to relax duration matching and increase equity allocation while maintaining a conservative investment style [1]

Group 1 - The core point of the article is that China Ping An has increased its stake in China CRRC by purchasing 8.58 million shares at an average price of HKD 6.3429 per share, totaling approximately HKD 54.42 million [1] - Following this acquisition, China Ping An's total shareholding in China CRRC has reached approximately 266 million shares, representing a holding percentage of 6.08% [1]

Group 1 - The core point of the article is that China Ping An has increased its stake in CRRC Corporation Limited by acquiring 8.58 million shares at an average price of HKD 6.3429 per share, totaling approximately HKD 54.42 million [1] - After the acquisition, China Ping An's total shareholding in CRRC is approximately 266 million shares, representing a holding percentage of 6.08% [1]

Core Insights - China Ping An's health insurance subsidiary, Ping An Health Insurance, launched the first "Twin Peaks Starry Music Festival" in Shanghai as part of its 2025 "Customer Carnival" series, aiming to integrate modern customer demands for "natural nourishment + artistic cultivation + healthy living" with diverse customer engagement activities [1][2] - The event marks the first large-scale offline activity since the rebranding of the "Ping An Le Health" brand at the end of October, showcasing the company's commitment to high-value services and customer appreciation [1][2] Group 1 - The Shanghai Twin Peaks series of activities is a significant initiative by Ping An Health Insurance to promote its core brand concepts of "health promotion" and "health assets," contributing to the "Healthy China" strategy [2] - The rebranding of "Ping An Le Health" includes four core service areas: vibrant living, quality medical care, digital healing, and long-term protection, aiming to connect customers' health journeys through a digital account [2] - The company has organized various online and offline health activities, such as the "Ping An Le Health Public Welfare Sports Relay" and the Twin Peaks walking event, to advocate health concepts and enhance public health awareness [2] Group 2 - Ping An Health Insurance plans to continue innovating customer-centric brand activities to enhance residents' sense of gain and happiness, positioning "Ping An Le Health" as a key contributor to the well-being of the public [2]