Core Viewpoint - AIA Asset Management Co., Ltd. has been established with a registered capital of 100 million RMB, fully owned by AIA Life Insurance Co., Ltd. [1] Group 1: Company Information - The legal representative of AIA Asset Management Co., Ltd. is Ouyang Liliang [1] - The company is registered with a capital of 100 million RMB [1] - AIA Life Insurance Co., Ltd. holds 100% of the shares [1] - The company is classified under the financial industry, specifically in other financial services [1] Group 2: Business Scope - The business scope includes insurance asset management, subject to approval by relevant authorities [1] - Specific business activities will be conducted based on the approval documents or licenses from relevant departments [1] Group 3: Registration Details - The company is located at 1229 Century Avenue, 6th Floor, Shanghai Free Trade Zone, China [1] - It is categorized as a limited liability company (wholly owned by a non-natural person) [1] - The business registration period is from January 4, 2026, with no fixed term [1] - The registration authority is the Shanghai Municipal Market Supervision Administration [1]

核准张晓宇友邦保险资管董事长的任职资格，欧阳理良（AU YEUNG，Lee Leung Franklin）友邦保险资管董事、总经理的任职资格，MARK KONYN（康礼 贤）、张凤和（CHEUNG,Anna Fung-wo）友邦保险资管董事的任职资格，吴岚、陈诗一友邦保险资管独立董事的任职资格。 北京商报讯（记者 李秀梅）12月31日，上海金融监管局发布关于友邦保险资产管理有限公司（以下简称"友邦保险资管"）开业的批复表示，同意友邦保险 资管开业。核准友邦保险资管英文名称为：AIA Insurance Asset Management Company Limited；住所为：上海市浦东新区世纪大道1229号办公楼第6层；注册 资本为1亿元人民币，全部由友邦人寿保险有限公司认缴并以货币资金方式一次性足额缴纳。 核准友邦保险资管业务范围如下：（一）受托管理保险资金及其形成的各种资产；（二）受托管理其他资金及其形成的各种资产；（三）管理运用自有人民 币、外币资金；（四）开展保险资产管理产品业务、资产证券化业务、保险私募基金业务等；（五）开展投资咨询、投资顾问，以及提供与资产管理业务相 关的运营、会计、风险管理等专业 ...

【环球网财经综合报道】2025年12月31日，友邦人寿保险有限公司（下称"友邦人寿"）宣布，友邦保险 资产管理有限公司（下称"友邦保险资管"）已获得国家金融监督管理总局上海监管局出具的开业批复， 成为上海首批获批开业的外资独资保险资产管理公司。 友邦保险资管的获批开业,不仅是行业高水平对外开放的重要体现，亦进一步丰富了上海资管机构的多 样性。 友邦保险资管将实施多元化、细分型、专业化的发展战略，夯实长期投资能力，更好匹配长期负债责 任，满足不断增长的保险资金的投资需求，充分发挥保险机构服务 "五篇大文章"的职能优势，助力中 国实体经济的发展，并培养更多具备国际视野的本土资管人才。 友邦保险资管将根据主要资金委托方友邦人寿的资金久期长、风险偏好稳健的特点，以资产负债匹配为 核心，坚持"长期价值投资"策略，围绕"收益稳定性、期限适配性、多元化布局"，提升资金运用效能， 打造客户信赖、市场领先的保险资产管理机构。同时，充分发挥险资"耐心资本"特性，加大布局科技、 绿色、养老等战略领域，把服务实体经济作为投资的重要出发点和落脚点，为中国保险资管市场的多元 化发展注入新动能。 友邦保险资管将融合友邦保险集团全球化的投资 ...

两家外资保险资管公司获批落地上海！ 12月31日，上海金融监管局发布两则批复，同意友邦保险资产管理有限公司（下称"友邦保险资管"）、荷全保险资产管理有限公司（下称"荷全保险资 管"）开业，标志着我国金融业对外开放又一重要举措在沪落地，上海国际金融中心机构集聚性持续增强。 国家金融监督管理总局 新闻资讯 _ 政务信息 1 4 - 2 当前位置： 首页 > 政务信息 > 行政许可 > 派出机构 上海金融监管局关于荷全保险资产 沪金复〔2025〕 荷全保险资产管理有限公司筹备组: (六) 国家金融监督管理总局批准的其他业务; (七）国务院其他部门批准的业务。 《关于荷全保险资产管理有限公司开业的请示》及相关 一、同意荷全保险资产管理有限公司开业。 二、核准荷全保险资产管理有限公司英文名称为： Limited; 住所为： 上海市虹口区东大名路501号17层01-08 球人寿保险集团认缴并以货币资金方式一次性足额缴纳。 三、核准荷全保险资产管理有限公司业务范围如下: (一) 受托管理保险资金及其形成的各种资产; (二) 受托管理其他资金及其形成的各种资产; (三) 管理运用自有人民币、外币资金; (四) 开展保险资产管 ...

友邦保险资管将根据主要资金委托方友邦人寿的资金久期长、风险偏好稳健的特点，以资产负债匹配为 核心，坚持"长期价值投资"策略，围绕"收益稳定性、期限适配性、多元化布局"，提升资金运用效能， 打造客户信赖、市场领先的保险资产管理机构。同时，充分发挥险资"耐心资本"特性，加大布局科技、 绿色、养老等战略领域，把服务实体经济作为投资的重要出发点和落脚点，为中国保险资管市场的多元 化发展注入新动能。 友邦保险资管将融合友邦保险集团全球化的投资视野、完善的投资治理框架以及友邦人寿多年的中国内 地投资运营经验。作为覆盖18个市场，拥有百余年运营经验的跨国人寿保险集团，友邦保险集团的投资 治理标准覆盖投资全生命周期，将为友邦保险资管提供全面框架支撑；同时，友邦人寿深耕中国内地市 场30余年，不仅为友邦保险资管提供稳定的资金，更将分享本土化政策洞察与市场资源，助力友邦保险 资管更好把握投资机会。友邦人寿过去数十年已建立的在固定收益、权益及其他资产领域的专业投资能 力也为新篇章奠定了坚实基础。 2025年12月31日，中国上海——友邦人寿保险有限公司（以下简称"友邦人寿"）今日宣布，友邦保险资 产管理有限公司（以下简称"友邦保险 ...

12月31日金融一线消息，上海金融监管局发布批复，同意友邦保险资产管理有限公司开业。核准友邦保 险资产管理有限公司英文名称为：AIA Insurance Asset Management Company Limited；住所为：上海市 浦东新区世纪大道1229号办公楼第6层；注册资本为1亿元人民币，全部由友邦人寿保险有限公司认缴并 以货币资金方式一次性足额缴纳。 同时，核准张晓宇友邦保险资产管理有限公司董事长的任职资格，欧阳理良（AU YEUNG，Lee Leung Franklin）友邦保险资产管理有限公司董事、总经理的任职资格，MARK KONYN（康礼贤）、张凤和 （CHEUNG，Anna Fung-wo）友邦保险资产管理有限公司董事的任职资格，吴岚、陈诗一友邦保险资 产管理有限公司独立董事的任职资格。 责任编辑：秦艺 12月31日金融一线消息，上海金融监管局发布批复，同意友邦保险资产管理有限公司开业。核准友邦保 险资产管理有限公司英文名称为：AIA Insurance Asset Management Company Limited；住所为：上海市 浦东新区世纪大道1229号办公楼第6层；注册资本为1 ...

Group 1: Stock Performance and Technical Analysis - AIA's stock price has shown typical range-bound fluctuations, currently at HKD 81.2 with a rise of 2.78% [1] - Technical indicators are neutral with a strength of 9, while several oscillation and trend indicators signal a sell, indicating insufficient short-term momentum [1] - The stock remains above the 60-day moving average of HKD 76.25, with the bull-bear power indicator signaling a buy, suggesting medium to long-term support [1] - Key support levels are at HKD 77 (Support 1) and HKD 75.2 (Support 2), with resistance levels at HKD 81.3 (Resistance 1) and HKD 83.1 (Resistance 2) [1] - The overall probability of an upward movement is 56%, with expected short-term price action between HKD 77 and HKD 81.3 [1] Group 2: Market Sentiment and Analyst Ratings - Market sentiment towards AIA is generally positive, with Citigroup reaffirming a "Buy" rating and a target price of HKD 99, recognizing the company's stable performance and resilience amid market changes [3] - AIA's ongoing expansion in China's personal pension insurance sector and corporate social responsibility initiatives support its long-term image [3] - There is a notable divergence in investor sentiment regarding short-term trends, with some optimistic investors setting profit-taking points around HKD 95, while more conservative investors believe the stock must first surpass HKD 85 to establish a stronger upward trend [3] Group 3: Derivative Products and Market Dynamics - Recent performance of AIA-related derivatives illustrates how structural differences among products affect price movements, with HSBC bull certificates rising by 36% compared to 19% and 15% for other call options [4] - The differences in performance stem from the inherent structure and leverage characteristics of various derivative tools, with bull certificates offering higher leverage and clearer profit-loss structures [4] - For bullish investors, call options with an exercise price around HKD 88.9 are recommended, with specific options providing high leverage and low premium [4] - For bearish investors, put options with an exercise price of HKD 77.88 and bear certificates with redemption prices between HKD 84 and HKD 85 are suggested, offering substantial leverage [9]

Core Insights - The life insurance industry is focusing on redesigning and repricing products to maintain sales and profitability, with increased automation expected to drive premium growth and efficiency [1][5] - The Federal Reserve's recent interest rate cut to 3.5%-3.75% poses challenges for life insurers as they invest premiums to meet guaranteed obligations [1][3] - The life insurance market is projected to grow, with gross written premiums expected to reach $1.34 trillion by 2025 and $2.5 trillion by 2026 [2][4] Industry Overview - The Zacks Life Insurance industry includes companies providing life insurance and retirement benefits, with a growing demand for protection products driven by an increasing number of baby boomers [2] - Economic growth is fostering confidence in the market, although rising mortality costs may impact profitability [2] Trends Impacting the Industry - Interest rates have been lowered, which may weigh on investment returns for life insurers, but could also relieve pressure on indexed universal life and whole life sales [3] - Product redesigning is leading to a shift away from long-duration term life insurance, with a focus on investment products that offer bundled covers [4] - The adoption of technology is increasing, with insurers leveraging digital platforms and AI to enhance efficiency and reduce operational costs [5] Market Performance - The life insurance industry has underperformed compared to the S&P 500 and the Finance sector, with a year-to-date gain of 4.7% compared to 15% for the Finance sector and 18.6% for the S&P 500 [9] - The industry's current price-to-book (P/B) ratio is 1.89X, significantly lower than the S&P 500's 8.51X and the Finance sector's 4.22X [11] Company Highlights - Jackson Financial (Zacks Rank 1) is expected to grow due to diversified product sales and a strong contribution from Registered Index-Linked Annuities [15][16] - F&G Annuities & Life (Zacks Rank 1) is evolving into a fee-based, higher-margin business, capitalizing on demographic trends and untapped market demand [20] - AIA Group (Zacks Rank 2) benefits from a strong agent force and a shareholder-friendly capital return program, with earnings expected to grow [25] - Manulife Financial (Zacks Rank 2) is well-positioned for growth due to its strong Asia business and investments in digital capabilities [28] - Lincoln National (Zacks Rank 2) is expected to benefit from a recovering Group Protection business and pricing discipline [32]

股份發行人及根據《上市規則》第十九B章上市的香港預託證券發行人的證券變動月報表 | 截至月份: | 2025年11月30日 | 狀態: 新提交 | | --- | --- | --- | | 致：香港交易及結算所有限公司 | | | | 公司名稱: | 友邦保險控股有限公司 | | | 呈交日期: | 2025年12月3日 | | | I. 法定/註冊股本變動 | 不適用 | | | 備註： | | | | 友邦保險控股有限公司(「本公司」)並無法定股本及/ 或其普通股並無股份面值。 | | | FF301 第 2 頁 共 11 頁 v 1.1.1 FF301 II. 已發行股份及/或庫存股份變動 | 1. 股份分類 | 普通股 | | 股份類別 | 不適用 | 於香港聯交所上市 (註1) | 是 | | | --- | --- | --- | --- | --- | --- | --- | --- | | 證券代號 (如上市) | 01299 | | 說明 | | | | | | 多櫃檯證券代號 | 81299 | RMB 說明 | | | | | | | | | 已發行股份（不包括庫存股份）數目 | | ...

Group 1 - JPMorgan reduced its stake in AIA Group Limited (01299) by selling 5.350755 million shares at a price of HKD 78.9766 per share, totaling approximately HKD 423 million [1] - After the reduction, JPMorgan's remaining shareholding is approximately 944 million shares, representing a holding percentage of 8.99% [1]