二、新华人寿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、同意新华人寿保险股份有限公司河北分公司将营业场所变更为：河北省石家庄市桥西区裕华东路 60-1号新华保险（601336）大厦第18、19、20层。 2025年9月26日，河北金融监管局发布批复称，《新华人寿保险股份有限公司河北分公司关于变更营业 场所的请示》（新保冀字〔2025〕109号）及相关材料收悉。经审核，现批复如下： ...

Market Performance - The Hong Kong stock market experienced a significant rise, with the Hang Seng Index closing up 1.89% at 26,622.88 points and a total trading volume of HKD 309.1 billion [1] - The Hang Seng Tech Index increased by 2.08%, closing at 6,324.25 points, while the Hang Seng China Enterprises Index rose by 1.62% to 9,454.12 points [1] Blue-Chip Stocks - Alibaba (09988) saw a notable increase of 4.14%, closing at HKD 173.4, contributing 104.49 points to the Hang Seng Index [2] - Morgan Stanley raised its forecast for Alibaba's capital expenditure for FY2026-2028 from RMB 100-108 billion to RMB 130-135 billion, citing growth in Alibaba Cloud [2] - Other blue-chip stocks like New Oriental (09901) and Zijin Mining (02899) also performed well, with increases of 7.86% and 5.86% respectively [2] Sector Performance - Large technology stocks generally rose, with Kuaishou and Alibaba both up over 4%, while Xiaomi saw a decline of 2.01% [3] - The financial sector showed strong performance, with Huatai Securities (06886) up 12.55% and other major brokerages also experiencing significant gains [3] - The metals sector performed well, with stocks like Zhaojin Mining (01818) and Ganfeng Lithium (01772) rising by 6.68% and 6.55% respectively [4][5] Policy and Economic Outlook - The central bank emphasized the need for a moderately loose monetary policy to boost credit and investment in the financial sector [4] - The A-share margin trading balance reached a historical high, indicating increased trading activity and potential for growth in brokerage earnings [4] Emerging Trends - The demand for energy storage is strong, with leading battery companies operating at full capacity and orders extending into next year [7] - The new energy storage installation target for 2027 is set at 180 million kilowatts, which is expected to drive an investment of approximately RMB 250 billion [7] - The gaming and tourism sectors are anticipated to benefit from the upcoming National Day holiday, with hotel occupancy rates nearing 90% [8] Notable Stock Movements - Ubiquitous Robotics (09880) reported a significant contract worth RMB 30 million for its humanoid robots, indicating strong demand in the robotics sector [6] - Lai Kai Pharmaceutical (02105) saw an increase of 11.16% after positive results from its obesity treatment trials [10] - Xiaomi (01810) faced a decline of 2.01% due to a downward revision in expected shipments for its 17 series smartphones [11]

证券之星消息，9月29日保险板块较上一交易日上涨2.12%，中国人寿领涨。当日上证指数报收于 3862.53，上涨0.9%。深证成指报收于13479.43，上涨2.05%。保险板块个股涨跌见下表： 以上内容为证券之星据公开信息整理，由AI算法生成（网信算备310104345710301240019号），不构成投资建议。 从资金流向上来看，当日保险板块主力资金净流入6.29亿元，游资资金净流出1.02亿元，散户资金净流 出5.27亿元。保险板块个股资金流向见下表： | 代码 | 名称 | 收盘价 | 涨跌幅 | 成交量(手) | 成交额(元) | | --- | --- | --- | --- | --- | --- | | 601628 | 中国人寿 | 39.70 | 3.17% | 36.69万 | 14.49 Z | | 601336 | 新华保险 | 61.71 | 2.22% | 44.66万 | 27.52亿 | | 601318 | 中国平安 | 56.01 | 1.43% | 103.51万 | 58.17 Z | | 613109 | 中国人保 | 7.85 | 1.42% | 130.73 ...

Group 1 - Xinhua Insurance's stock increased by 5.07%, reaching a price of 63.43 CNY per share, with a trading volume of 2.034 billion CNY and a turnover rate of 1.59%, resulting in a total market capitalization of 197.873 billion CNY [1] - The company, established on September 28, 1996, and listed on December 16, 2011, is primarily engaged in life insurance, with its revenue composition being 59.47% from traditional insurance, 35.37% from participating insurance, and 5.89% from other businesses [1] Group 2 - According to data, Huabao Fund has a significant holding in Xinhua Insurance, with the Huabao Pension ETF (516560) owning 23,600 shares, accounting for 1.33% of the fund's net value, making it the fifth-largest holding [2] - The Huabao Pension ETF (516560), established on September 8, 2021, has a current size of 104 million CNY, with a year-to-date return of 9.82% and a one-year return of 25.96%, ranking 2875 out of 3836 in its category [2] - The fund manager, Zhang Fang, has been in the position for 4 years and 245 days, overseeing assets totaling 1.955 billion CNY, with the best fund return during his tenure being 63.79% and the worst being -23.7% [2]

（文章来源：每日经济新闻） 每经AI快讯，9月29日，港股内险股午后涨幅扩大，截至发稿，新华保险(01336.HK)涨6.84%，报45.94 港元；中国人寿(02628.HK)涨5.46%，报22.4港元；中国太保(02601.HK)涨4.6%，报31.82港元；中国平 安(02318.HK)涨2.96%，报53.95港元。 ...

Core Viewpoint - Xinhua Insurance's stock has shown a significant increase of 29.07% year-to-date, with a recent rise of 2.00% on September 29, 2023, indicating positive market sentiment towards the company [1]. Financial Performance - For the first half of 2025, Xinhua Insurance reported a net profit of 14.799 billion yuan, reflecting a year-on-year growth of 33.53% [2]. - The company has distributed a total of 35.939 billion yuan in dividends since its A-share listing, with 13.913 billion yuan distributed over the last three years [3]. Shareholder Information - As of June 30, 2025, the number of shareholders for Xinhua Insurance decreased by 15.88% to 61,000, while the average number of circulating shares per person increased by 18.96% to 34,325 shares [2]. - The top ten circulating shareholders include Hong Kong Central Clearing Limited, which increased its holdings by 6.6977 million shares to 60.5095 million shares [3]. Stock Market Activity - On September 29, 2023, Xinhua Insurance's stock price reached 61.58 yuan per share, with a trading volume of 1.156 billion yuan and a turnover rate of 0.92% [1]. - The stock experienced a net inflow of 68.4596 million yuan from main funds, with significant buying activity from large orders [1].

格隆汇9月29日｜港股市场保险股拉升，其中，新华保险涨7%，中国人寿涨超5%，中国太保、中国人 民保险集团涨超4%，友邦保险、中国太平涨超3%，中国平安涨近3%。 ...

Group 1 - The insurance sector stocks experienced significant gains, with New China Life Insurance rising by 6.84% to HKD 45.94, China Life Insurance increasing by 5.46% to HKD 22.4, China Pacific Insurance up by 4.6% to HKD 31.82, and Ping An Insurance rising by 2.96% to HKD 53.95 [1] - The National Financial Regulatory Administration reported that the insurance industry's premium income for January to August 2025 reached CNY 47,998 billion, reflecting a year-on-year growth of 9.6%, while the premium income for August alone was CNY 5,913 billion, showing a significant year-on-year increase of 35.6% [1] - In August, the life insurance premium income was CNY 4,644 billion, marking a year-on-year growth of 49.7%, driven by the "stop selling" effect catalyzed by the reduction in the preset interest rate; property insurance premium income was CNY 1,268 billion, with a modest year-on-year increase of 0.9% [1] Group 2 - CITIC Securities released a report indicating that the recent slight rise in long-term interest rates is beneficial for alleviating the pressure on insurance companies' asset allocation, and the current valuation levels excessively reflect the suppression of future investment returns due to low interest rates [1] - The report suggests that listed insurance companies are actively increasing their allocation to high-dividend strategies to hedge against the impact of declining interest rates on net investment returns, indicating a potential for valuation recovery in the context of stabilizing long-term interest rates [1] - The current valuation levels of listed insurance companies are still considered low, with sufficient long-term safety margins, suggesting that there is room for valuation recovery [1]

Core Viewpoint - The A-share market has seen a strong performance in insurance stocks, with notable increases in share prices for major companies such as China Life, China Pacific Insurance, and New China Life [1] Summary by Category Stock Performance - China Life (601628) increased by 3.30%, with a total market capitalization of 1,123.5 billion and a year-to-date decline of 4.10% [2] - China Pacific Insurance (601601) rose by 3.10%, with a market cap of 349.1 billion and a year-to-date increase of 9.62% [2] - New China Life (601336) saw a rise of 2.70%, with a market cap of 193.4 billion and a year-to-date increase of 28.60% [2] - China Insurance (601319) increased by 1.94%, with a market cap of 348.9 billion and a year-to-date increase of 5.98% [2] - Ping An Insurance (601318) rose by 1.83%, with a market cap of 1,018.2 billion and a year-to-date increase of 9.89% [2] Technical Indicators - The formation of a MACD golden cross signal indicates a positive trend in the stock prices of these insurance companies [2]

Core Viewpoint - Xinhua Insurance has demonstrated a strong upward trend in overall performance, with a significant increase in premium income and other key financial metrics, indicating a successful high-quality development strategy focused on customer-centricity and balanced growth across various dimensions [1][2]. Financial Performance - For the period from January 1 to August 31, 2025, Xinhua Insurance reported a cumulative original insurance premium income of RMB 158.086 billion, representing a year-on-year growth of 21% [1]. - As of June 30, 2025, the company achieved a total revenue of RMB 70.041 billion, a 26% increase year-on-year; original insurance premiums reached RMB 121.3 billion, up 22.7%; net profit attributable to shareholders was RMB 14.8 billion, growing by 33.5% [1]. - The annualized total investment return rate was 5.9%, an increase of 1.1 percentage points compared to the previous year, with total assets amounting to RMB 1.78 trillion, a 5% increase from the end of the previous year [1]. Capital Adequacy - As of the end of Q2 2025, Xinhua Insurance's core solvency ratio was 170.72%, an increase of 46.65 percentage points from the end of the previous year, while the comprehensive solvency ratio was 256.01%, up 38.46 percentage points, significantly exceeding regulatory requirements [2]. Dividend Policy - The company plans to distribute a mid-term cash dividend of RMB 0.67 per share (tax included) to all shareholders, totaling approximately RMB 2.09 billion, which accounts for 14.1% of the net profit attributable to shareholders for the first half of 2025 [2]. Strategic Focus - Xinhua Insurance is initiating its "15th Five-Year" strategic planning, emphasizing a customer-centric approach and high-quality development, aiming to become a leading financial service group centered on insurance [2]. Product and Service Development - The company has established a dynamic adjustment mechanism for product preset interest rates, enhancing asset-liability linkage and diversifying product offerings to meet varied customer needs [3]. - Xinhua Insurance is focusing on transforming dividend insurance and protection products, with a strong emphasis on long-term financial planning and retirement security [3][4]. Channel and Team Development - The company has made significant progress in channel team reforms, with a focus on building a stable, professional, and efficient sales force, resulting in a 182% year-on-year increase in new personnel [6][7]. - The individual insurance channel achieved a premium income of approximately RMB 725 billion, a 5.5% increase year-on-year, while the bank insurance channel contributed over RMB 250 billion in new single premiums, with a 65.1% year-on-year growth [9][10]. Investment Strategy - Xinhua Insurance is actively optimizing its asset allocation to enhance long-term returns, focusing on high-dividend stocks and new infrastructure investments, with total investment scale exceeding RMB 1.7 trillion, a 5.1% increase from the previous year [10][11]. - The company has successfully established a pilot fund, with significant investments in high-quality listed companies, achieving returns above benchmarks while maintaining low risk indicators [12].