记者丨曹媛 编辑丨孙超逸 经历一番人事变动后，目前平安好医生的高管团队主要包括：董事会主席郭晓涛，首席执行官、执行董事何明科，副总经理苏东，执行副总裁兼首席财务 官臧珞琦，资深副总裁兼首席技术官贺立权等。 此次履新的苏东是一位平安"老将"，在平安产险供职已超30年。公开信息显示，他早在1994年末便加入平安产险深圳分公司，从业务员逐步晋升至部门经 理、分公司副总经理；此后，苏东历任厦门分公司副总经理、福建分公司总经理，后又调任至浙江分公司。 2016年起，苏东开始担任平安财险浙江分公司总经理，据媒体报道，他曾带领浙江分公司成为全国第四家保费规模突破百亿的机构，2019年保费收入达 141.5亿元，市场排名第二；此后他又从浙江分公司调任上海分公司，直至此次调任平安好医生。 从苏东的工作履历看，他无疑是一个从基层起步、管理经验丰富的"老将"。从平安好医生近来的人事变动看，平安集团内部将"精兵强将"调至平安好医 生，同时"空降"外部人才，如近期履新的首席执行官、执行董事何明科，曾任58同城联席总裁、百度集团资深副总裁等。 中国平安子公司"将帅"齐调整，涉及平安产险、平安好医生（1833.HK）两家子公司。 日前，2 ...

中国平安子公司"将帅"齐调整，涉及平安产险、平安好医生（1833.HK）两家子公司。 日前，21世纪经济报道记者从知情人士处独家了解到，平安产险上海分公司党委书记、总经理苏东已调 任平安好医生，担任平安好医生副总经理。据悉，平安集团体系内部已正式任命苏东为副总经理。 与此同时，记者还独家了解到，原平安产险重庆分公司总经理何莹接替苏东，出任平安产险上海分公司 总经理，目前何莹已赴上海履新。 记者查询天眼查、企查查等第三方平台发现，中国平安财产保险股份有限公司上海分公司的法定代表 人/负责人，早在2025年8月26日已由苏东变更为何莹。 上述人事变动后，平安健康于10月7日发布公告称，委任郭晓涛为董事会主席，委任何明科为首席执行 官、执行董事，自本公告之日起生效。同时，平安好医生董事会接受李斗因个人工作安排原因，辞任董 事会主席、执行董事、首席执行官的请求。 此次履新的苏东是一位平安"老将"，在平安产险供职已超30年。公开信息显示，他早在1994年末便加入 平安产险深圳分公司，从业务员逐步晋升至部门经理、分公司副总经理；此后，苏东历任厦门分公司副 总经理、福建分公司总经理，后又调任至浙江分公司。 2016年起，苏 ...

中国平安子公司"将帅"齐调整，涉及平安产险、平安好医生（1833.HK）两家子公司。日前，记者从知 情人士处了解到，平安产险上海分公司党委书记、总经理苏东已调任平安好医生，担任平安好医生副总 经理。据悉，平安集团体系内部已正式任命苏东为副总经理。与此同时，记者还独家了解到，原平安产 险重庆分公司总经理何莹接替苏东，出任平安产险上海分公司总经理，目前何莹已赴上海履新。（21世 纪经济报道） ...

21世纪经济报道记者曹媛深圳报道 中国平安子公司"将帅"齐调整，涉及平安产险、平安好医生（1833.HK）两家子公司。 经历一番人事变动后，目前平安好医生的高管团队主要包括：董事会主席郭晓涛，首席执行官、执行董事何明科，副总经理苏东，执行副总裁兼首席财务官 臧珞琦，资深副总裁兼首席技术官贺立权等。 此次履新的苏东是一位平安"老将"，在平安产险供职已超30年。公开信息显示，他早在1994年末便加入平安产险深圳分公司，从业务员逐步晋升至部门经 理、分公司副总经理；此后，苏东历任厦门分公司副总经理、福建分公司总经理，后又调任至浙江分公司。 2016年起，苏东开始担任平安财险浙江分公司总经理，据媒体报道，他曾带领浙江分公司成为全国第四家保费规模突破百亿的机构，2019年保费收入达 141.5亿元，市场排名第二；此后他又从浙江分公司调任上海分公司，直至此次调任平安好医生。 从苏东的工作履历看，他无疑是一个从基层起步、管理经验丰富的"老将"。从平安好医生近来的人事变动看，平安集团内部将"精兵强将"调至平安好医生， 同时"空降"外部人才，如近期履新的首席执行官、执行董事何明科，曾任58同城联席总裁、百度集团资深副总裁等。 ...

Core Viewpoint - The performance of the Hu-Shen 300 ESG ETF (561900) shows a mixed trend among its major holdings, with some stocks experiencing gains while others decline, reflecting the current market volatility [1] Group 1: ETF Performance - As of the midday close on October 9, the Hu-Shen 300 ESG ETF (561900) increased by 1.54%, priced at 0.990 yuan, with a trading volume of 247,200 yuan [1] - Since its inception on July 6, 2021, the fund has reported a return of -2.42%, while the return over the past month is 3.54% [1] Group 2: Major Holdings Performance - Among the major holdings, Kweichow Moutai decreased by 1.11%, China Merchants Bank fell by 0.79%, while Contemporary Amperex Technology Co. (CATL) rose by 3.91% [1] - Other notable movements include: Yangtze Power up by 0.62%, Industrial Bank down by 0.40%, Midea Group down by 0.89%, BYD up by 2.12%, Industrial and Commercial Bank of China down by 0.27%, Wuliangye down by 0.89%, and Ping An Insurance down by 0.49% [1]

Core Insights - The article highlights the rapid growth of the ETF market in China, with total ETF assets surpassing 5 trillion yuan, marking a significant milestone in the industry [4][10] - The surge in ETF popularity is attributed to a recovery in A-share trading volumes, with institutional investors leading the charge, indicating a shift towards long-term investment strategies [4][10] - The China Securities A50 Index is presented as a key investment tool, reflecting the core assets of the Chinese economy and aligning with the ongoing economic transformation [4][10] ETF Market Growth - The total scale of ETFs in China reached over 5 trillion yuan as of August 15, 2023, a remarkable increase from 4 trillion yuan just four months prior [4] - The ETF market has seen consecutive breakthroughs of 1 trillion yuan milestones, indicating robust investor interest and participation [4] - Institutional investors, including pension funds and foreign capital, are becoming dominant players in the market, contributing to a more stable investment environment [4][10] China Securities A50 Index - The China Securities A50 Index is constructed from the top 50 leading companies based on market capitalization from the top 300 A-share companies, ensuring a balanced representation of growth and stability [5][10] - The index has a significant focus on new economy sectors, reducing reliance on traditional industries while maintaining a diverse industry representation [6][10] - Over 70% of the index's components are leading companies in their respective sectors, reinforcing a "stronger gets stronger" dynamic that appeals to long-term investors [6][10] Investment Opportunities - The China Securities A50 Index incorporates ESG principles, excluding companies with low ESG ratings, which enhances the index's stability and aligns with sustainable investment trends [10] - The index has demonstrated superior performance metrics, with a net asset return of 11.62%, outperforming other major indices [10][12] - The A50 ETF and its linked funds provide a low-threshold, efficient way for ordinary investors to access core Chinese assets, making it suitable for long-term investment strategies [15][17]

Core Insights - Insurance companies are increasingly investing in commercial real estate and office buildings, with significant investments reported this year, totaling several billion yuan, which is a notable increase compared to the same period last year [1][3] - The focus of these investments is primarily on rental-type assets such as commercial offices and logistics real estate, which are seen as high-quality targets due to their stable cash flows and long-term appreciation potential [1][3] Investment Trends - Major insurance firms like China Life, Pacific Life, and Ping An Life have made over ten large real estate investments this year, with a concentration on income-generating properties [1][3] - The recent listing of Huaxia Kaide Commercial REIT, backed by significant insurance capital, highlights the trend of insurance companies participating in public REITs and standardized investment products [2][3] Rental Housing Market - Insurance capital is emerging as a new core buyer in the rental housing market, with significant investments in long-term rental housing projects in major cities like Beijing and Shanghai [5][6] - The characteristics of rental housing assets, such as low volatility and predictable cash flows, align well with the risk profiles and investment strategies of insurance companies [6][10] Policy Support - Recent regulatory frameworks have facilitated insurance companies' entry into the rental housing market, allowing them to invest through various financial instruments [7][8] - The establishment of a closed-loop system for fundraising, investment, management, and exit has alleviated concerns for insurance capital, making it easier to invest in long-term rental housing projects [8] Market Dynamics - The demand for stable cash flow assets has intensified among insurance companies due to declining yields on fixed-income assets, prompting them to seek high-yield rental properties [9][10] - The rental yield for commercial real estate in first-tier cities remains attractive, with rates between 5.5% and 6.5%, which enhances the overall investment returns for insurance capital [11]

Core Insights - Ping An Good Doctor has announced a leadership change, with Mr. Li Dou resigning as Chairman, Executive Director, and CEO, and Mr. Guo Xiaotao taking over as Chairman while Mr. He Mingke is appointed as CEO [1][4][5] Management Transition - The transition of management is smooth and orderly, indicating a mature governance mechanism within the company [5] - Mr. Guo Xiaotao's extensive experience in various key positions within the Ping An Group positions him well to enhance the synergy between financial and healthcare services [4] - Mr. He Mingke's diverse background in consulting, investment, internet, and healthcare aligns with the company's current needs as it shifts from expansion to quality improvement [4] Business Performance - The company is entering a phase of accelerated profitability, having achieved revenue and profit growth in the first half of 2025, with a 35.1% year-on-year increase in paid users to 24 million [8] - The quality of profitability is improving fundamentally, with AI-assisted consultation accuracy reaching approximately 98% and multi-disciplinary consultation accuracy nearing 80% [8] - AI technology has significantly enhanced operational efficiency, with daily consultation capacity reaching 4 million and a 52% reduction in average service costs for family doctors [8] Investment Logic - The investment logic for Ping An Good Doctor is transitioning from "concept premium" to "value discovery," as evidenced by its successful business model and user growth [11] - The deep application of AI technology is creating a solid competitive barrier, supported by extensive data accumulation and algorithm optimization [11] - The company has launched a comprehensive AI application system, enhancing its smart healthcare capabilities and service offerings [11][13] Market Position - The Chinese healthcare market is entering a golden development period driven by aging population, health consumption upgrades, and policy support [16] - Ping An Good Doctor's unique "AI + healthcare" model and improving profitability position it favorably in this market [16] - Despite recent stock performance, the company's valuation remains attractive relative to its growth potential in the digital healthcare sector [13][16]

本次增持后，中国平安在农业银行H股的持股数增至58.48亿股，持股比例由18.87%上升至19.02%。值 得关注的是，此前，平安人寿已在今年内3次举牌农业银行H股。 据港交所披露易的消息显示，早在今年2月17日，平安人寿便首次举牌农业银行H股，彼时平安人寿增 持农业银行的金额为64.63亿元，所持农业银行H股数量达到该行H股股本的5%。 【深圳商报讯】（首席记者 谢惠茜）近日，据联交所最新权益披露资料显示，中国平安保险（集团） 股份有限公司（以下简称"中国平安"）于9月26日在场内以每股均价5.149港元增持农业银行4625.4万H 股，涉资约2.38亿港元。 在今年2月17日至8月26日期间，平安人寿合计增持近31.26亿股农行H股。以区间成交均价计，其间合计 耗资近156亿港元。 9月2日，平安人寿发布公告称，平安资管受托平安人寿资金，投资于农业银行H股股票，于2025年8月 26日达到农业银行H股股本的15%。 5月12日，平安人寿又耗资7.1亿港元，增持农业银行H股，持股占比突破该行H股数量总数的10%。 ...

Core Insights - The article discusses the increasing involvement of insurance capital in the commercial real estate sector, particularly in REITs and rental housing projects, highlighting a strategic shift towards stable income-generating assets [1][2][3][4][5][6][7] - Insurance companies are focusing on high-quality, stable rental properties as they seek to balance cost and returns amid a challenging interest rate environment [1][2][6][7] Investment Trends - Insurance capital is increasingly investing in commercial real estate, including shopping centers and office buildings, with a notable example being the strategic allocation by Caixin Life in the Huaxia Kaide Commercial REIT, amounting to approximately 50 million yuan [1][2] - The investment strategy has shifted from non-standard private equity products to standardized products like public REITs and ABS, indicating a broader diversification in investment types [2][5] Market Dynamics - The rental housing market is emerging as a new focal point for insurance capital, with significant investments in long-term rental housing projects in major cities like Beijing and Shanghai [4][5][6] - The demand for stable cash flow assets is heightened due to declining yields on fixed-income investments, prompting insurance companies to explore high-yield rental properties [6][7] Performance Metrics - The occupancy rates of key assets are critical, with the Changsha Kaide Plaza reporting an occupancy rate of approximately 97%, showcasing the attractiveness of well-leased properties [1] - The rental yield for commercial properties in first-tier cities is reported to be between 5.5% and 6.5%, which is favorable compared to the yields on 10-year government bonds, enhancing the appeal of commercial real estate investments [7] Regulatory Environment - Recent regulatory support from financial authorities encourages insurance capital to invest in rental housing projects, facilitating a more structured approach to funding and investment [5][6] - The establishment of a closed-loop system for fundraising, investment, management, and exit strategies is becoming more defined, addressing concerns about liquidity and investment returns for insurance companies [5][6]