11月25日，港、A股保险板块整体表现活跃，A股保险板块指数涨幅超2%。平安A股当日收涨1.83%，H 股收涨1.77%，显示出市场资金对保险板块的持续关注。 消息面上，保险板块近期迎来多重利好。资金层面，根据此前Wind数据统计，证券保险ETF（512070） 11月以来已获超20亿元资金净流入，反映机构配置意愿增强。基本面方面，近期开源证券最新研报观点 指，险企积极备战2026年开门红，负债端新单和价值率展望良好，长端利率底部企稳支撑资产端逻辑， 看好低估值保险标的，其同时认为H股配置价值相对较高，推荐中国平安等标的。 政策驱动成为行情另一大关键推力。近期养老金融领域政策密集落地，为银发经济赛道注入强劲动力。 其中，广东养老金融"15条"与中国平安"综合金融+医疗养老"生态战略的深度融合成为市场关注的焦 点，不妨就此来看看这一政策背后的机遇所在。 01 广东养老金融15条出台，平安卡位精准凸显先发优势 11月17日，广东省地方金融管理局联合多部门印发《广东省推动养老金融高质量发展的实施方案》，文 件围绕强化制度供给、优化产品体系、拓展金融服务、激活产业资本、织密风险防线五大方面出台15条 举措。 首先，在 ...

Group 1 - Figure AI's former product safety chief Robert Grendel has filed a lawsuit claiming that the company's humanoid robots could cause skull fractures and alleges he was fired for raising safety concerns [1] - Grendel warned CEO Brett Adcock and chief engineer Kyle Edelberg about the robots' deadly performance, highlighting an incident where a robot caused a quarter-inch crack on a steel refrigerator door [1] - After submitting documented safety complaints, Grendel was terminated in September, claiming he was asked to prepare a safety roadmap for potential investors, which was later abandoned [1] Group 2 - The emergence of humanoid robots in crowded public events raises significant safety risks due to the lack of comprehensive international or industry standards, leading to compatibility and safety issues [3] - An incident at the 2025 World Humanoid Robot Games involved a robot colliding with an engineer, emphasizing the risks associated with humanoid robots [3] - The insurance industry faces challenges in providing risk coverage for robot companies, including complex risk assessments due to rapid technological advancements and the dynamic nature of risk characteristics [3][4] Group 3 - The lack of long-term risk data in the emerging field of robot insurance complicates accurate risk assessment and premium pricing, as traditional actuarial models are not directly applicable [6] - Insurers are developing innovative financial products to mitigate risks in the robot industry, with major companies like Ping An and China Pacific Insurance launching specialized insurance products for humanoid robots [6][7] - The insurance products available include property insurance, machinery damage insurance, third-party liability insurance, and cybersecurity insurance, aimed at covering various risks associated with robot operations [7] Group 4 - The first breakthrough in robot insurance occurred in early 2022 with the launch of the "Mobile Robot Quality Liability Insurance" by PICC, addressing various product quality issues [8] - In 2023, a pilot project in Changzhou provided insurance for local robot companies, demonstrating regional support for the robot insurance market [8] - By 2025, the insurance industry is transitioning from policy formulation to implementation, with various events and initiatives promoting insurance coverage for robots [10] Group 5 - Local governments are responding to the need for robot insurance, with policies in cities like Ningbo and Hainan promoting the development of humanoid robot application insurance [10][11] - Insurance products are being tailored to cover risks from design defects, operational failures, and cyberattacks, with a focus on third-party liability [11][12] - New insurance offerings include specialized products for exoskeleton robots and smart agricultural robots, indicating a growing market for tailored insurance solutions [12][14] Group 6 - The insurance industry views robot insurance as a means to provide comprehensive risk coverage across the entire lifecycle of humanoid robots, addressing various operational scenarios [15][16] - Insurers are adapting their pricing and claims processes based on accumulated data from existing industrial robots, but face challenges due to the rapid evolution of humanoid robots and the lack of historical data [16]

资金面上看，两市主力资金全天净流入132.15亿元，今日有19个行业主力资金净流入，电子行业主力资 金净流入规模居首，该行业今日上涨2.14%，全天净流入资金50.00亿元，其次是通信行业，日涨幅为 3.54%，净流入资金为48.81亿元。 | 600927 | 永安期货 | 0.21 | 0.26 | -4.84 | | --- | --- | --- | --- | --- | | 600918 | 中泰证券 | -0.15 | 0.45 | 129.60 | | 603300 | 海南华铁 | 1.36 | 3.48 | 145.44 | | 600061 | 国投资本 | 0.27 | 0.40 | 172.63 | | 000567 | 海德股份 | 4.16 | 2.01 | 183.43 | | 002961 | 瑞达期货 | 1.04 | 1.55 | 248.90 | | 600369 | 西南证券 | 0.00 | 0.50 | 251.25 | | 300773 | 拉卡拉 | 1.91 | 2.26 | 379.20 | | 600999 | 招商证券 | 0.18 | 0.41 | ...

Core Insights - The insurance sector experienced a rise of 2.17% on November 25, with China Pacific Insurance leading the gains [1] - The Shanghai Composite Index closed at 3870.02, up 0.87%, while the Shenzhen Component Index closed at 12777.31, up 1.53% [1] Insurance Sector Performance - China Life Insurance closed at 43.98, up 1.99%, with a trading volume of 115,800 shares and a transaction value of 509 million [1] - China Pacific Insurance closed at 34.95, up 1.90%, with a trading volume of 261,500 shares and a transaction value of 913 million [1] - Ping An Insurance closed at 59.47, up 1.83%, with a trading volume of 487,800 shares and a transaction value of 2.8887 billion [1] - New China Life Insurance closed at 65.88, up 1.76%, with a trading volume of 116,400 shares and a transaction value of 767.1 million [1] Fund Flow Analysis - The insurance sector saw a net inflow of 148 million from institutional investors, while retail investors experienced a net inflow of 40.68 million [1] - Major stocks like Ping An Insurance had a net inflow of 114 million from institutional investors but a net outflow of 54.29 million from retail investors [2] - China Life Insurance had a net inflow of 39.99 million from institutional investors, with retail investors showing a net outflow of 18.06 million [2]

一、同意中国平安人寿保险股份有限公司临西支公司营业场所变更为：邢台市临西县珠江西路北侧启慧 尚书苑小区1幢商铺101号。 2025年11月19日，邢台金融监管分局发布批复称，《关于中国平安（601318）人寿保险股份有限公司临 西支公司变更营业场所的请示》（平保寿冀分发〔2025〕259号）收悉。经审核，现批复如下： 二、中国平安人寿保险股份有限公司临西支公司应按照有关规定及时办理变更及许可证换领事宜。 ...

11月25日，中国平安盘中上涨2.00%，截至13:48，报59.57元/股，成交20.29亿元，换手率0.32%，总市 值10786.72亿元。 资金流向方面，主力资金净流入7814.67万元，特大单买入3.45亿元，占比17.02%，卖出3.03亿元，占比 14.92%；大单买入6.60亿元，占比32.52%，卖出6.24亿元，占比30.77%。 中国平安今年以来股价涨18.91%，近5个交易日跌0.08%，近20日涨3.13%，近60日跌0.80%。 资料显示，中国平安保险(集团)股份有限公司位于广东省深圳市福田区益田路5033号平安金融中心47、 48、108、109、110、111、112层,香港铜锣湾希慎道33号利园1期19楼1922室，成立日期1988年3月21 日，上市日期2007年3月1日，公司主营业务涉及以保险业务为核心,以统一品牌向客户提供包括保险、 银行、证券、信托等多元化金融服务。主营业务收入构成为：寿险及健康险45.76%，财产保险 34.46%，银行13.87%，资产管理5.27%，金融赋能3.85%。 中国平安所属申万行业为：非银金融-保险Ⅱ-保险Ⅲ。所属概念板块包括：低市盈率 ...

Core Viewpoint - The Chinese equity market is expected to perform well due to multiple supporting factors, with a tactical overweight view on A/H shares maintained by Guotai Junan Securities [1] Group 1: Market Performance - On November 25, 2025, the three major A-share indices opened higher, with the CSI A500 index rising by 1.10% [1] - Key stocks such as Huadian Co., Ltd. and Shenzhen South Circuit rose significantly, with Huadian hitting the daily limit and others like Shenghong Technology and Fuhua also seeing substantial gains [1] Group 2: Investment Outlook - Guotai Junan Securities highlights that the recent volatility and panic selling have released micro trading risks, creating a favorable environment for the market to establish new expectations as the 14th Five-Year Plan begins [1] - The firm believes that the regulatory authorities are determined to stabilize the capital market, and factors that previously caused valuation discounts have dissipated, indicating a potential upward trend in valuations [1] Group 3: Index Composition - As of October 31, 2025, the top ten weighted stocks in the CSI A500 index include major companies like CATL, Kweichow Moutai, and China Ping An, accounting for a total of 19.36% of the index [1] Group 4: Investment Products - Investors without stock accounts can access the A500 ETF through the A500 ETF Jiashi linked fund, allowing for a one-click investment in the top 500 A-share companies [2]

11月6日，在"十八洞村产业提升项目"启动仪式上，中国平安正式发布了《中国平安2025-2027年服务湖 南乡村振兴计划》。未来三年，中国平安将在"党建共建、金融帮扶、产业帮扶、民生帮扶、消费帮 扶"等五大方面持续深入开展乡村振兴帮扶，为湖南地区提供10亿元涉农贷款、7000万元产业帮扶资 金，还将消费帮扶十八洞村山茶油等特色农产品2000万元。 近五年来，中国平安紧扣"精准"二字，在湖南地区积极开展乡村振兴帮扶工作取得丰硕成果。为积极助 力湖南地区产业经济发展，中国平安累计投入超140亿元支持湖南县域经济发展，在湖南消费帮扶总额 约1.5亿元，其中消费帮扶十八洞村农产品就达1.3亿元，旗下平安银行为湖南省累计提供信贷资金约 1200亿元。 产业帮扶方面，平安银行近五年累计为湖南提供信贷资金约1200亿元（其中普惠信贷约456亿元），并 投入超140亿元专项支持县域发展，有效扶持了宁乡生猪、醴陵陶瓷、汉寿甲鱼等一批地方特色产业， 为服务地方实体经济发展注入了强劲动力。 平安产险创新推出"平安振兴保"，通过"保证保险+全额贴息"等手段，累计投入产业帮扶资金2675万 元，支持湖南17个地理标志农产品品牌建设，带 ...

2025.11. 24 本文字数：2593，阅读时长大约4分钟 作者 | 第一财经 杨倩雯 在私有化计划获开曼群岛大法院批准之后，上市时被称为"金融科技第一股"的中国平安旗下金融科 技公司——金融壹账通近日正式走向退市。 根据近日公告，在纽交所及港交所两地上市的金融壹账通已于11月21日被撤回港交所上市地位。而 其美国存托股在纽交所的永久停牌也于同日生效，最终退市程序将于12月1日完成。 这距离金融壹账通2019年12月登陆纽交所及2022年7月登陆港交所的时间仅过去6年及3年多的时 间。 对于私有化之后的战略安排，金融壹账通回应第一财经表示，鉴于公司美股上市私有化安排仍在进行 中（还未最终退市），按相关法规目前对外披露内容以公司在上市地点及SEC网站的正式公告为 准。私有化完成后，公司将视情况就后续发展与战略适时沟通。 最高对价16.9亿港元，私有化计划获批 金融壹账通由中国平安集团孵化，定位于金融机构的商业科技服务提供商，其产品主要包括数字化银 行解决方案、数字化保险解决方案以及数字基础设施。 此次金融壹账通私有化的要约方来自其控股股东铂煜有限公司（下称"铂煜"），而后者是中国平安 的附属公司。 在此次私 ...

在纽交所及港交所两地上市的金融壹账通已于11月21日被撤回港交所上市地位。而其美国存托股在纽交 所的最终退市程序将于12月1日完成。 在私有化计划获开曼群岛大法院批准之后，上市时被称为"金融科技第一股"的中国平安旗下金融科技公 司——金融壹账通近日正式走向退市。 按照该报价，公告显示铂煜所要支付的最高代价所需现金约为16.89亿港元，拟透过内部现金资源及/或 融资拨付。 10月28日，铂煜对金融壹账通的私有化建议获股东特别大会通过。而在11月14日（开曼群岛时间）举行 的法庭聆讯上，开曼群岛大法院批准了铂煜以协议安排方式私有化金融壹账通的计划，并确认因注销计 划股份而导致的公司股本削减。 上市仅六年就退市，导火索是这些 最高对价16.9亿港元，私有化计划获批 金融壹账通由中国平安集团孵化，定位于金融机构的商业科技服务提供商，其产品主要包括数字化银行 解决方案、数字化保险解决方案以及数字基础设施。 此次金融壹账通私有化的要约方来自其控股股东铂煜有限公司（下称"铂煜"），而后者是中国平安的附 属公司。 在此次私有化前，铂煜直接持有金融壹账通约3.53亿股，占全部已发行股本约30.18%。中国平安集团通 过附属公司 ...