香港联交所最新资料显示，8月19日，FMR LLC增持中国人寿（601628）(02628)116.9万股，每股作价 25.4314港元，总金额约为2972.93万港元。增持后最新持股数目约为4.47亿股，最新持股比例为6.01%。 中国人寿 中国人寿 分时图 日K线 周K线 月K线 42.90 0.83 1.97% 1.97% 1.31% 0.67% 0.00% 0.67% 1.31% 1.97% 41.24 41.52 41.79 42.07 42.35 42.62 42.90 09:30 10:30 11:30/13:00 14:00 15:00 0 14万 27万 41万 ...

转自：新华网 近日，由中国财贸轻纺烟草工会、云南省总工会指导，云南省财贸工会、昆明市总工会主办的云南三快科技有限公司（云南美 团）职工集中入会活动在昆明举行，中国人寿财险云南省分公司党委委员、副总经理、工会主席杨莉玲出席活动，代表公司向 首批入会会员赠送团体人身意外伤害保险，为新业态新就业群体送上一份坚实的"安全后盾"。 中国人寿财险作为中管金融企业，持续深化普惠保险实践，投身新业态新就业群体服务矩阵，不断拓展服务外延与内涵，陆续 推出多个系列、多款产品，提供针对意外身故、意外伤残、意外医疗等风险的保险保障，覆盖了快递员、外卖骑手、货车司 机、网约车司机、家政服务人员等多个典型群体。 活动现场合影（8月21日 摄）张荣 摄 中国人寿财险云南省分公司有关负责人表示，公司将继续以"报国为民当头雁"的思想自觉和行动自觉，围绕新业态新就业群体 风险保障需求，不断探索服务新实践，切实推动解决在滇新业态新就业群体急难愁盼问题，与社会各界一同为城市中这些"流动 的奋斗者"托底，以实际行动践行社会"稳定器"的责任使命，在热心、暖心、温心上不断发力，切实提升新业态新就业群体的获 得感、幸福感和安全感。 编辑：罗浩 赠送团体人身 ...

根据华宝基金管理有限公司（以下简称"本公司"）与宁波银行股份有限公司（以下简称"宁波银行"）签 署的《证券投资基金销售代理协议》，本公司自2025年08月22日起增加宁波银行同业易管家平台为以下 适用基金的代销机构。 一、适用基金如下： ■ 二、机构投资者可到宁波银行同业易管家平台办理上述产品的开户、申购、赎回及其他业务，以上产品 仅针对宁波银行同业易管家平台的机构投资者。可通过以下途径了解或咨询相关情况： 华宝基金关于旗下部分基金新增中国人寿保险股份有限公司为代销机构的公告 根据华宝基金管理有限公司（以下简称"本公司"）与中国人寿保险股份有限公司（以下简称"中国人 寿"）签署的《证券投资基金销售代理协议》，本公司自2025年08月22日起增加中国人寿为以下适用基 金的代销机构。 （1） 宁波银行股份有限公司 客户服务电话: 95574 公司网址：www.nbcb.com.cn （2）华宝基金管理有限公司 客户服务电话：400-820-5050、400-700-5588 公司网址：www.fsfund.com 风险提示：基金管理人承诺以诚实信用、勤勉尽责的原则管理和运用基金资产，但不保证基金一定盈 利，也不保 ...

中经记者 张漫游 北京报道 1951年中国人民银行西南区行随进藏部队进驻西藏，开启了雪域高原的金融篇章。 多年来，西藏金融事业与高原发展同频共振，成为边疆稳固、民生改善、经济腾飞的重要支撑。 党的十八大以来确立了新时代党的治藏方略，西藏步入发展最好、变化最大、各族群众得实惠最多的历 史时期。金融力量围绕"聚焦稳定、发展、生态、强边'四件大事'""聚力创建全国民族团结进步模范区、 高原经济高质量发展先行区、国家生态文明高地和国家固边兴边富民行动示范区（亦称为'四个创 建'），大力推动长治久安和高质量发展"深度实践，以合规经营筑牢屏障，用金融"活水"润泽民生，书 写着雪域高原长治久安与高质量发展的新篇章。 与区域需求同频 助力西藏跨越式发展 2025年上半年，西藏实现地区生产总值1382.72亿元，同比增长7.2%；2024年西藏地区生产总值达到 2765亿元，是1965年的155倍，主要经济指标增速连续多年位居全国前列，西藏社会生产力获得极大的 解放和发展，彻底改变了旧西藏的贫穷落后，发展面貌焕然一新。金融系统胸怀"国之大者"，深耕主责 主业，成为这一历程的重要助力者。 金融服务不仅要"普"，更要"惠"。作为西 ...

Investment Rating - The report maintains an "Overweight" rating for the insurance sector [2] Core Views - The insurance sector is undergoing a value reassessment during its transformation phase, highlighted by China Ping An's stake acquisition in China Pacific Insurance and China Life Insurance [3][52] - The report emphasizes the potential for high dividend yields in insurance stocks, which are increasingly being viewed similarly to bank stocks in terms of asset allocation [3][52] - The securities sector is experiencing explosive growth in mid-year performance forecasts, with notable profit increases from several listed brokerages [3][51] Summary by Sections Market Review - As of August 21, 2025, the banking, securities, and insurance indices have shown respective changes of -2.00%, +6.94%, and +2.13%, with the CSI 300 index up by +4.21% [15] - Agricultural Bank (+7.75%), Changcheng Securities (+33.37%), and China Pacific Insurance (+7.20%) were the best performers in their respective sectors [15] Valuation Situation - As of August 21, 2025, the banking sector's price-to-book (PB) ratio is 0.76, with state-owned banks at 0.80, joint-stock banks at 0.66, city commercial banks at 0.74, and rural commercial banks at 0.65 [25] - The report indicates that the securities sector has a PB ratio of 1.63, suggesting room for valuation recovery [30] Recent Market Indicators - The one-year Medium-term Lending Facility (MLF) rate is 2.0%, and the Loan Prime Rates (LPR) for one year and five years are 3.0% and 3.5%, respectively [35] - The average daily trading volume in A-shares reached 25,475.45 billion yuan, reflecting a 22.60% increase [37] Industry News - China Ping An's recent acquisitions in H-shares of China Pacific Insurance and China Life Insurance signal a strong belief in the long-term value of the insurance sector [42] - The report highlights a significant increase in insurance funds allocated to equities, with a rise from 7.3% to 8.47% in the proportion of insurance funds invested in stocks [42] Company Announcements - China Pacific Insurance reported a 9% year-on-year increase in original insurance premium income for the first seven months of 2025, totaling 185.96 billion yuan [46] - Jiangyin Bank's half-year report showed a 10.45% increase in operating income, reaching 2.40 billion yuan, with a net profit increase of 16.63% [46] Weekly Views - The report suggests focusing on banks that benefit from high economic growth areas and have strong performance certainty, such as Ningbo Bank, Hangzhou Bank, and Chengdu Bank [49] - In the insurance sector, the report recommends focusing on companies with strong growth in new business value and premium income, such as China Pacific Insurance and China Life Insurance [53]

"13精"数据库第388周更新公告 13精资讯-增加2025年半年度各公司个人短期健康险赔付率 13 精利用最新录得数据做的研究报告之388期： 2024年度全球主要上市保险公司加权ROE为14.7%，创近五年来新高！中国上市公司大幅提高 ！ 先说结论： 1、 "13精"海外数据子库已经收录全球主要上市保险公司的2024年报和业绩报告，据此计算了全球41家主要上市保险公司的ROE； 2024年新华保险归母ROE为25.9%，是中国十家上市公司中最高的！ 前进保险归母ROE为35.5%，是全球主要上市保险公司中排名最高的。 2、 "13精"计算了中国、美国、欧洲等地区保险公司ROE指标。 从国别来看：2024年中国ROE为16.2%，同比提高了6.7个百分点（10家公司汇总）。 美国市场ROE为14.6%，同比下降了2.1个百分点（13家公司汇总）。 欧洲的ROE为16.4%，同比提高了2.0个百分点（11家公司汇总）。 全球41家保险公司加权平均来看，2024年度ROE为14.7%，同比提高了0.5个百分点。 3、 从41家保险公司ROE的分布情况来看，大致符合正态分布特征，公司经营差异体现出市场化运行规律， ...

Core Viewpoint - ESG is becoming a crucial standard for measuring sustainable and high-quality development in enterprises, with a focus on integrating environmental, social, and governance factors [1][2]. Group 1: ESG Implementation in the Insurance Industry - The implementation of ESG management is now a development direction for financial enterprises, reflecting their responsibility to society and their internal need for high-quality development [2]. - ESG practices empower the insurance industry to create long-term value and align with the goals of sustainable development in the capital market [2][3]. - Insurance companies can support the development of renewable energy and environmental technologies through their core business advantages and green investments [3]. Group 2: China Life's ESG Practices - China Life has made significant strides in ESG, achieving an MSCI ESG rating upgrade to A and receiving multiple awards for its performance in social responsibility [4]. - The company integrates green development principles across its operations, offering diverse insurance solutions to support the green transformation of the economy [4][5]. - China Life has been proactive in embedding ESG factors into its entire value chain, focusing on product development and services that meet the needs of the population [6]. Group 3: Financial Contributions and Community Support - By the first half of 2025, China Life provided over 3.8 billion yuan in risk protection for 234 green industry enterprises in Heilongjiang [3]. - The company has invested over 4 trillion yuan in supporting the real economy and has a regional development strategy investment exceeding 3 trillion yuan [7]. - China Life's social insurance premium in Heilongjiang is projected to exceed 8.1 billion yuan by the end of 2024, serving over 5.2 million customers [6]. Group 4: Governance and Risk Management - China Life emphasizes modern governance and has maintained an A-class rating for nine consecutive years from the China Insurance Industry Association [8]. - The company adheres to five principles in its ESG innovation efforts, including policy guidance and long-term thinking [3]. - The board's diverse expertise supports the sustainable development of the company, focusing on the dual importance of ESG issues [8].

Core Viewpoint - The recent increase in shareholding by Ping An Group and Ping An Asset Management in China Life Insurance (H) has triggered a market response, indicating a positive outlook for the insurance sector, particularly in the context of long-term investment potential [1][2]. Group 1: Shareholding Increase - Ping An Group and Ping An Asset Management increased their holdings in China Life Insurance (H) by 9.5 million and 9 million shares, respectively, raising their ownership stakes from 4.91% and 4.88% to 5.04% and 5.0%, which triggered a "shareholding increase" event [1]. - The market reacted positively, with the CSI 800 Insurance Index rising by 5.96% from August 11 to August 19, significantly outperforming the Shanghai Composite Index's 2.54% increase during the same period [1]. Group 2: Fund Performance - Currently, only funds under Penghua Fund track the CSI 800 Insurance Index, including the Insurance Securities ETF (515630) and the Penghua CSI 800 Insurance Fund, with the ETF showing a remarkable one-year net value growth rate of 54.03% as of August 19 [2]. - Fund manager Yu Zhanchang emphasizes five key reasons for optimism regarding insurance stocks, including improved solvency, higher policy yields compared to deposit rates, better liability costs due to declining interest rates, strong returns on equity assets, and attractive valuations with a price-to-book ratio of 1.2 and price-to-earnings ratio of 0.6 [2]. Group 3: Long-term Bullish Outlook - Yu Zhanchang predicts a clear long-term bullish trend for the insurance sector, driven by improved asset-liability matching and the influx of new capital, particularly from leading insurance companies that attract long-term investors [3]. - The insurance sector's configuration coefficient of 0.51 indicates it is still underweighted, suggesting potential for investment returns to exceed the assumed 4%, with ample room for price appreciation without requiring discounts [3].

Group 1 - Ping An Life announced that Ping An Asset Management Co., Ltd. has been entrusted to invest in China Life (601628) H-shares, reaching 5% of the H-share capital by August 13, 2025, triggering a stake disclosure under Hong Kong market rules [1]

近期，保险资金举牌动作频频。 8月11日，中国平安以平均每股32.07港元的价格买入中国太保H股，合计买入174.14万股，耗资约 5583.89万港元。此次增持后，中国平安占中国太保H股持股比例从4.98%提高到5.04%，触发举牌。 8月12日，中国平安继续增持中国人寿H股，持股比例达到5.04%，触发举牌。 8月13日，太保寿险发布公告称，举牌东阳光药H股；同日，民生保险增持浙商银行，触发举牌。 截至记者发稿，今年以来，保险资金举牌次数已达28次，远超去年全年的20次。 时隔6年再现险企交叉举牌 在近期的几次举牌事件中，中国平安相继增持中国太保H股、中国人寿H股引发市场关注。这是继 2019年中国人寿举牌中国太保之后，时隔6年，再现险企交叉举牌。 不过，也有业内人士提到，此举的意义不仅是权益组合的常规操作，而是进一步展现了保险资金对 保险行业本身的价值重估，释放出更深层的信心。 中泰证券研报认为，保险资金举牌同行，释放出积极信号。险资关注保险股，体现出对行业基本面 筑底向好的认同。 记者注意到，市场对此也给出了强烈反应。举牌消息一出，中国太保股价迅速上涨。截至8月14日 收盘，中国太保A股上涨4.87% ...