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 ...

2025年9月25日，国家金融监督管理总局南阳监管分局发布批复称，《中国人寿（601628）保险股份有 限公司南阳分公司关于撤销邓州支公司花洲营销服务部的请示》（国寿人险宛发〔2025〕279号）收 悉。经审核，现批复如下： 二、接此批复文件后，中国人寿保险股份有限公司应立即停止一切经营活动，于15个工作日内向南阳金 融监管分局缴回许可证，并按照有关法律法规要求办理相关手续。 一、同意撤销中国人寿保险股份有限公司邓州支公司花洲营销服务部。 ...

Market Overview - A-shares experienced a strong rally on September 29, with the Shanghai Composite Index rising over 1% at one point, and the ChiNext Index increasing over 3% [2] - The Shanghai Composite Index closed up 0.9% at 3862.53 points, the Shenzhen Component Index rose 2.05% to 13479.43 points, and the ChiNext Index increased 2.74% to 3238.01 points, with total market turnover nearing 2.2 trillion yuan [2] Brokerage Sector Performance - The brokerage sector surged, with an increase of over 7% at one point and closing up over 5% [3] - Notable stocks included Huatai Securities, Guosheng Securities, and GF Securities hitting the daily limit, while CITIC Securities approached the limit with a nearly 6% rise [3] Hong Kong Market - In the Hong Kong market, major brokerage firms such as GF Securities, Huatai Securities, and CITIC Securities saw their shares rise over 10% [4] Institutional Insights - Institutions suggest that the brokerage sector is likely to attract market attention during the third-quarter earnings disclosure period, benefiting from both strong performance and valuation recovery [5] Solid-State Battery Sector - The solid-state battery concept saw significant gains, with Wanrun New Energy hitting a 20% limit up, and other companies like Hunan Yuno and Haibo Technology also experiencing substantial increases [6] - The solid-state battery technology is advancing towards commercialization, with significant developments reported by Tsinghua University and companies like Panasonic and SK On [9]

Investment Rating - The industry investment rating is "Overweight," indicating that the growth level of the industry is expected to exceed that of the CSI 300 index over the next six months [3][38]. Core Views - The A-share margin trading balance has reached a new high of 2.44 trillion yuan, reflecting a robust demand in the margin trading market. The financing balance accounts for 2.54% of the circulating market value, and the financing buy-in amount represents 11.80% of the A-share trading volume [2]. - The current PB valuation of the brokerage sector is 1.42 times, which is near the 40th percentile of 2020, indicating a historical low [1]. - Regulatory encouragement for industry consolidation is evident, with mergers and acquisitions seen as effective means for brokerages to achieve external growth and enhance competitiveness [3][6]. Summary by Sections Brokerage Weekly Data Tracking - The average daily trading volume for A-shares was 23,132 billion yuan, down 8.13% week-on-week, with a daily turnover rate of 3.78%, a decrease of 0.48 percentage points [11]. - As of September 26, 2025, the total equity financing scale reached 876.615 billion yuan, with IPOs contributing 75 billion yuan and additional financing at 757.9 billion yuan [13]. Insurance Weekly Data Tracking - The total insurance premium income for July 2025 was 42,085.29 billion yuan, reflecting a year-on-year increase of 6.75%. The life insurance sector accounted for 33,202.78 billion yuan, up 7.53% year-on-year [27]. - The insurance sector is seeing a surge in new product launches, with 993 life insurance products and 652 annuity products introduced this year, indicating a shift towards more competitive offerings [7]. Industry Dynamics - Recent announcements from regulatory bodies support the development of bond repurchase business for foreign investors, enhancing the attractiveness of RMB-denominated bonds [31]. - Measures to foster the growth of digital economy innovation enterprises have been introduced, aiming to accelerate the listing and financing of high-quality companies in this sector [32].

Group 1 - The event "China Life Cup" square dance competition in Ningxiang attracted 63 teams and over 2000 spectators, showcasing a vibrant community spirit and promoting health and fitness [1] - The competition featured diverse dance styles, from traditional folk dances to modern fitness routines, reflecting the positive and energetic spirit of Ningxiang citizens [1] - Square dancing serves as a cultural medium that enhances the sense of happiness and fulfillment among the people in the new era [1] Group 2 - China Life Insurance is celebrating its 30th anniversary of segmented operations, emphasizing its commitment to social responsibility and financial services [3] - The company focuses on five key areas: technology finance, green finance, inclusive finance, pension finance, and digital finance, aiming to optimize insurance services and contribute to local social security [3] - The event included a "Financial Knowledge Popularization Month" campaign, enhancing public financial literacy and risk awareness through interactive activities [3] - The innovative "finance + cultural sports" model has improved public financial literacy and risk prevention awareness, achieving effective educational outcomes [3] - China Life Insurance plans to continue leveraging its comprehensive financial advantages to support the economic and social development of Ningxiang [3]

Market Overview - A-shares experienced a strong rally on September 29, with the Shanghai Composite Index rising over 1% and the ChiNext Index increasing over 3% [1][2] - The Shanghai Composite Index closed up 0.9% at 3862.53 points, while the Shenzhen Component Index rose 2.05% to 13479.43 points, and the ChiNext Index climbed 2.74% to 3238.01 points [2] - The total market turnover approached 2.2 trillion yuan [2] Sector Performance - The brokerage sector saw significant gains, with stocks like GF Securities, Huatai Securities, and Guosheng Financial hitting the daily limit, and CITIC Securities nearing the limit as well [4][5] - The insurance sector also performed well, with China Life Insurance rising over 4% [4] - Resource stocks, including non-ferrous metals, steel, chemicals, and gas, experienced broad increases [4] - Solid-state battery and energy storage concepts were notably active, with stocks like Wanrun New Energy and Yicheng New Energy hitting the daily limit [4] Brokerage Sector Insights - The brokerage sector surged over 7% at one point in the afternoon, closing up over 5% [5] - Individual stocks such as Huatai Securities, Guosheng Financial, and GF Securities reached their daily limit, while CITIC Securities rose nearly 6% [5] - The sector's strong performance is attributed to increased market activity and institutional innovations, which are expected to attract further attention during the third quarter earnings disclosure period [9] Solid-State Battery Sector Developments - The solid-state battery concept saw a strong rally, with Wanrun New Energy hitting the daily limit and other stocks like Hunan Yuno and Haibo Sichuang also posting significant gains [11] - Recent advancements in solid-state battery technology, including research breakthroughs from Tsinghua University and announcements from companies like Panasonic and SK On, are driving interest in this sector [11][12] - The global solid-state battery industry is transitioning from research to commercialization, with China providing substantial policy support [12]

Group 1 - The China Securities and Insurance Index (399966) has shown strong growth, with significant increases in stocks such as Huatai Securities (601688) up by 10.01%, Guosheng Jin控 (002670) up by 9.99%, and GF Securities (000776) up by 9.78% [1] - As of September 26, insurance capital institutions have made 34 equity stakes in listed companies this year, surpassing last year's total of 20 [1] - Guojin Securities indicates that the improvement in the insurance industry's interest spread and the concentration of competition towards leading firms will maintain a positive long-term outlook, suggesting a trend of upward valuation for insurance stocks [1] Group 2 - As of August 29, 2025, the top ten weighted stocks in the China Securities and Insurance Index (399966) account for 63.14% of the index, including major companies like Ping An Insurance (601318) and CITIC Securities (600030) [2]

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]

二、中国人寿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。 2025年9月25日，国家金融监督管理总局信阳监管分局发布批复称，《关于中国人寿（601628）财产保 险股份有限公司信阳市浉河区支公司变更营业地址的请示》(国寿财险信发〔2025〕53号）收悉。经审 核，现批复如下： 一、同意中国人寿财产保险股份有限公司信阳市浉河区支公司将营业场所变更为：河南省信阳市浉河区 北京路正通桂花苑14号楼5层507号。 ...