北京商报讯（记者 李秀梅）12月15日，A股三大股指低位震荡，保险板块逆势走强。截至北京商报记者 发稿，A股保险板块中，中国平安、中国太保涨幅均超4%，中国人寿、中国人保和新华保险涨幅也超 过了2%。 | 保险指数 | 7422.23 | 292.44 | 4.10% | | --- | --- | --- | --- | | 886055 | | | | | 中国平安 | 66.71 | 2.80 | 4.38% | | 601318 | | | | | 新华保险 601336 | 69.24 | 1.92 | 2.85% | | 中国人寿 601628 | 46.30 | 1.00 | 2.21% | | 中国太保 | 39.85 | 1.61 | 4.21% | | 601601 | | | | | 中国人保 601319 | 8.78 | | 图片来源:万得股票App | ...

内险股继续走高，截至发稿，新华保险(01336)涨4.65%，报51.05港元；中国太保（601601）(02601)涨 4.34%，报36.1港元；中国平安（601318）(02318)涨3.37%，报65.9港元；中国人寿（601628）(02628)涨 2.4%，报28.98港元。 国金证券发布研报称，开门红景气度上行，维持积极推荐。明年大量定存到期，分红险对于低风险偏 好、有长期财富保值增值诉求的资金来说具有吸引力，且在反内卷和分红险转型背景下大公司的市占率 将继续提升，预计开门红新单保费和NBV将实现双位数增长。当前保险估值低位，配置性价比非常 高，维持积极推荐。 申万宏源证券（000562）发布的最新研究报告，监管机构近期下调了保险公司长期持有部分权益资产的 风险因子，此举有望在短期内释放千亿级别的增量资金空间。该行指出，随着险资弹药的补充和配置意 愿的增强，兼具稳定分红和防御属性的高股息板块自然成为其重点配置方向。 ...

截至2025年12月15日 09:57，中证800证券保险指数(399966)上涨0.92%，成分股中国太保(601601)上涨 3.06%，中国平安(601318)上涨2.79%，华创云信(600155)上涨2.35%，新华保险(601336)上涨2.04%，中 银证券(601696)上涨1.75%。保险证券ETF(515630)上涨1.06%，最新价报1.43元。 保险证券ETF紧密跟踪中证800证券保险指数，中证800证券保险指数是在中证800指数的基础上，选择 证券保险行业内对应的证券作为指数样本，为投资者提供更多样化的投资标的。 数据显示，截至2025年11月28日，中证800证券保险指数(399966)前十大权重股分别为中国平安 (601318)、东方财富(300059)、中信证券(600030)、国泰海通(601211)、中国太保(601601)、华泰证券 (601688)、中国人寿(601628)、广发证券(000776)、招商证券(600999)、新华保险(601336)，前十大权重 股合计占比63.12%。 MACD金叉信号形成，这些股涨势不错！ 西部证券认为，保险将是产业结构转型中金融业 ...

Economic Performance - Shanghai's GDP surpassed 4 trillion yuan in the first three quarters, with a financial market transaction volume growth of 12.7% year-on-year [1] - The manufacturing output increased by 8.5% year-on-year, and Shanghai Port's container throughput reached 50.56 million TEUs, expected to set a new annual record [1] - The region's GDP growth for the first three quarters was 5.5%, with strategic emerging industries accounting for 44.1% of the total industrial output [5] Development of "Five Centers" - The "Five Centers" initiative is driving high-quality economic and social development, with a focus on enhancing overall, platform, amplification, and radiation effects [1][4] - The establishment of the IMF Shanghai Center and other international organizations in the region signifies Shanghai's growing importance as a global financial hub [4] - Shanghai has seen a rise in high-tech enterprises, with 25,000 companies and an average of 320 new tech firms emerging daily [5] Innovation and Technology - Innovation is becoming a strategic cornerstone for the "Five Centers" construction, with significant growth in China's biopharmaceutical R&D market [9] - The internal rate of return for China's biopharmaceutical R&D is 8.5%, significantly higher than the 3.6% in the U.S., showcasing China's efficiency in innovation [9] - The city is focusing on key sectors like integrated circuits, biomedicine, and artificial intelligence to enhance its industrial competitiveness [10] Mergers and Acquisitions - Mergers and acquisitions are seen as a vital driver for resource optimization and economic transformation, with Shanghai's "M&A Twelve Articles" promoting a favorable environment for such activities [9][11] - By the end of September, Shanghai completed 25 M&A transactions totaling 220.4 billion yuan, enhancing the core competitiveness of industrial clusters [10] - The "M&A Alliance" aims to support over 1.2 trillion yuan in national M&A transactions and 400 billion yuan in the Shanghai region over the next three years [11] Future Goals and Challenges - The "Fifteen Five" period is viewed as a critical phase for Shanghai's "Five Centers" construction, emphasizing the need for continuous improvement and international benchmarking [12] - Shanghai aims to enhance its international shipping services and financial systems to compete with global leaders like Singapore and London [13] - The city is addressing challenges in offshore finance and cross-border services to strengthen its financial ecosystem [13]

责任编辑：王馨茹 12月15日金融一线消息，A股保险股走强，中国太保涨近2%，中国平安涨超1%，中国人保、新华保险 等跟涨。 12月15日金融一线消息，A股保险股走强，中国太保涨近2%，中国平安涨超1%，中国人保、新华保险 等跟涨。 责任编辑：王馨茹 ...

A股保险股走强，中国太保涨近2%，中国平安涨超1%，中国人保、新华保险等跟涨。 ...

证券时报记者 杨庆婉 一家产品销往全球23个国家的低空清洗无人机企业——九思智能，其创始人在初创阶段的烦恼不是产业能否规模 化发展，而是在出海过程中能否有定制化的保险服务配套，以解决海外本土化生产和退换货物流成本过高等问 题。 日前，证券时报记者走访了多家位于深圳的低空经济企业，他们都有和九思智能类似的烦恼——第三者风险曾制 约产品在海外市场的发展，尤其是布局海外本土化生产，希望保险行业服务能快速响应，跟上低空经济出海的步 伐。 新兴产业催生保险需求 我国企业出海热潮持续，尤其是一些细分的新兴产业占全球市场份额较高，不过保险配套服务却不如大型央国企 出海齐备和成熟。 近日，记者跟随中国太保产险的"护航科技创新，助力低空经济"主题调研团队，走访了九思智能、高巨创新等低 空经济企业，近距离感受深圳这一新兴产业的发展和烦恼。随着低空经济被纳入国家战略性新兴产业并成为新质 生产力的代表性产业之一，其快速发展也催生保险配套服务领域的全新需求。 据了解，我国的低空经济尤其是无人机驾驶航空器在全球市场领先，深圳也在着力打造全球低空经济"第一城"， 但新兴产业发展过程中面临的风险多样，目前国内低空经济保险主要为制造和运营场景 ...

Group 1 - The report highlights the recent performance of various industries, with notable gains in sectors such as non-ferrous metals, electronics, and power equipment, while retail and real estate sectors faced declines [1][1][1] - The central economic work conference emphasized the importance of technological breakthroughs and supply-demand optimization, indicating a shift towards quality improvement in economic growth [11][12][19] - The commercial aerospace sector is experiencing significant growth, with the establishment of a dedicated regulatory body and a notable increase in the commercial aerospace index, which has risen by 46.52% since April 7 [47][48] Group 2 - The report indicates a seasonal recovery in social financing, with November seeing an increase of 24,885 billion yuan, driven primarily by government bond issuance [4][7] - The credit environment is showing signs of marginal improvement, particularly in corporate loans, which increased by 6,100 billion yuan in November, reflecting a recovery in demand [5][6] - The report notes that the retail sector is undergoing a transformation, with a focus on quality, as highlighted by the Ministry of Commerce's emphasis on retail quality upgrades [1][1][1] Group 3 - The report discusses the rising interest in inquiry transfers, which have seen a significant increase in both project numbers and transfer scale, indicating a growing trend in the market [51][52] - The technology sector is expected to remain a key focus, with upcoming events such as the Volcano Engine FORCE conference anticipated to showcase advancements in AI and cloud services [56]

Investment Rating - The report indicates a positive outlook for the insurance sector, recommending specific companies such as China Pacific Insurance, China Ping An, China Life (H), and China Taiping, while also recommending New China Life Insurance [4][17]. Core Insights - The financial industry experienced a mixed performance, with the non-bank financial index rising by 0.81%, outperforming the CSI 300 index by 0.89 percentage points. The insurance sector showed a notable increase of 2.36%, while the banking sector declined by 1.77% [2][11]. - The central economic work conference emphasized a proactive fiscal policy, which is expected to benefit the insurance sector by increasing infrastructure asset supply and improving credit risk perceptions [14][15]. - The report highlights the potential for valuation recovery in the brokerage sector, driven by regulatory changes that align public fund interests with long-term investor returns [18][19]. Summary by Sections 1. Weekly Performance and Sector Insights - The non-bank financial index rose by 0.81%, with the insurance sector outperforming the CSI 300 index by 2.44 percentage points [2][11]. - The banking sector underperformed, with a decline of 1.77%, attributed to macroeconomic policy expectations [3][21]. 2. Insurance Sector Data Tracking - The insurance sector's premium income showed steady growth, with life insurance and property insurance premiums increasing by 9.6% and 4.0% year-on-year, respectively [17][26]. - The report notes that the 10-year government bond yield decreased to 1.84%, which is favorable for the insurance sector's investment strategies [31]. 3. Brokerage Sector Data Tracking - The brokerage sector's PB valuation stands at 1.37x, indicating potential for valuation recovery as earnings improve [19][42]. - Regulatory changes in public fund sales are expected to enhance the industry's focus on long-term investor interests [18][19]. 4. Banking Sector Data Tracking - The banking sector's PB valuation is at 0.54x, suggesting it remains undervalued [21][25]. - The central economic work conference's focus on domestic demand and flexible monetary policy is expected to support the banking sector's growth [22][23].

一家产品销往全球23个国家的低空清洗无人机企业——九思智能，其创始人在初创阶段烦恼的不是产业 能否规模化发展，而是在出海的过程中能否有定制化的保险服务配套，以解决海外本土化生产和退换货 物流成本过高等问题，助推未来全球不断扩大的市场空间。 "一套低空清洗无人机设备，在中东等地出现故障或损毁，寄回国内进行维修或置换新设备，物流成本 非常高。"九思智能创始人但晓江举了一个例子，他希望在低空经济产业积极走向海外的同时，保险也 能出海护航、开启跨境服务的新模式。 九思智能，这家从事无人机低空清洗、产品方案已销往23个国家的企业，在细分无人机清洗市场上海外 市场份额占比已超过70%，订单排到2026年。目前，但晓江烦恼的不是产业能否规模化发展，而是在出 海的过程中能否有定制化的保险服务配套，以解决海外本土化生产和退换货物流成本过高等问题，希望 保险能助推低空经济企业扩大全球的市场空间。 日前，券商中国记者走访了多家位于深圳的低空经济企业。九思智能的创始人但晓江告诉记者，第三者 风险曾制约产品在海外市场的发展，尤其是布局海外本土化生产，希望保险服务能快速响应和调整，跟 上低空经济出海的步伐。 记者获悉，中国太保（6016 ...