香港联交所最新资料显示，2月3日，Ping An Asset Management Co., Ltd.增持中国人寿(02628)858.3万 股，每股作价34.3596港元，总金额约为2.95亿港元。增持后最新持股数目约为7.49亿股，最新持股比例 为10.06%。 ...

香港联交所最新资料显示，2月3日，Ping An Asset Management Co.,Ltd.增持中国人寿（601628） (02628)858.3万股，每股作价34.3596港元，总金额约为2.95亿港元。增持后最新持股数目约为7.49亿 股，最新持股比例为10.06%。 ...

Core Viewpoint - Ruian Real Estate (00272) has announced a partnership agreement for equity transfer and the establishment of a joint venture to manage project assets, including properties in Shanghai, with a total saleable and rentable area of approximately 79,000 square meters [1] Group 1: Transaction Details - The joint venture will hold 99% of the equity in the project company, with Ruian Real Estate owning 40.5% of the partnership interest through its subsidiaries [1] - The financial performance of the joint venture and project company will not be consolidated into the financial statements of Ruian Real Estate [1] Group 2: Strategic Implications - The transaction allows the company to convert overseas investments into domestic investments through the joint venture, enabling new investors to participate in the project assets [1] - The project company will be able to obtain domestic bank financing, which helps mitigate foreign exchange risks arising from mismatches between overseas holdings and the RMB income generated by the project assets [1] - Utilizing domestic financing is expected to lower the financing costs associated with the project assets [1]

关注投资家，⭐，您会收到最新推送 作者 | 母基金研究中心 来源 | 母基金研究中心 近日，中国人寿保险股份有限公司（下称"中国人寿"）披露公告称，拟投资设立一只养老产业基金和一 只长三角科创基金，认缴出资额合计近125亿元。 其中，中国人寿将与关联方国寿启远于2026年9月30日前订立合伙协议，共同设立北京国寿养老产业股 权投资基金二期（有限合伙），基金认缴出资总额达85亿元。 长期资金来源一直是制约我国创投发展的关键问题，募资市场目前仍然缺少真正的"长钱"。母基金研究 中心认为，创业投资是一种长期投资，从最初介入初创企业到实现退出，一般需要5-7年，这就需要大 量长期资本的支持。参照国际经验，VC/PE 的资金来源主要是养老金等保险资金、大学捐赠基金和各 种家族财富，而国内这方面资金并未成为主流，甚至渗透率只有 2%—3%左右。 不过，近年来，在国家政策推动下，长期资金进入一级市场正在出现积极变化。 2025年4月8日，国家金融监督管理总局发布《关于调整保险资金权益类资产监管比例有关事项的通知》 （以下简称《通知》），提高了险资投资创业投资基金的集中度比例。 《通知》中规定，"保险公司投资单一创业投资基金 ...

Core Viewpoint - China Ping An increased its stake in China Life Insurance by purchasing approximately 10.89 million H-shares at an average price of about HKD 33.26 per share, totaling around HKD 362 million, raising its holding to 753 million shares, which is 10.12% of the company, triggering a mandatory disclosure [1] Group 1 - China Ping An's acquisition of H-shares indicates a strategic move to enhance its influence in China Life Insurance [1] - The transaction reflects a significant investment, with a total amount of approximately HKD 362 million involved [1] - Following the purchase, China Ping An's shareholding in China Life Insurance has increased to 10.12%, which is a notable threshold for regulatory disclosure [1]

来源：中保新知 实际上，"开门红"的火热此前已有"预告"——元旦过后，市场即有消息称，元旦假期累计实现新单保费 规模突破700亿元，其中多家险企银保渠道新单保费"涨幅惊人"。再之前，银保在2025年已强势重返人 身险行业第一大渠道。 经历了两个相对低迷的"开门红"后，银保渠道在2026开年打了个翻身仗。中保新知日前获悉，1月寿险 业银保渠道期交保费1030亿元，同比增长34%；趸交保费1096亿元，同比增长24%。 不过从机构端看，残酷的现实同样赤裸，忧喜依然同在。 TOP10险企座次在2025年大洗牌后，"老七家"和非银外资险企继续攻城略地。1月，"老七家"银保渠道 期交保费总额425亿元，同比大增88%，市场份额从2023年的23%上升至41%，有3家同比增速翻倍；非 银外资险企银保渠道期交保费规模也取得同比33%的增速。而另一边，银行系险企同比小幅增长4%但 出现分化，小型中资险企增速整体"告负"。 01 "老七家"市场份额升至四成 延续过去两年表现，寿险"老七家"（中国人寿、平安人寿、新华保险、太平人寿、太保寿险、人保寿 险、泰康人寿）银保渠道保费继续狂飙。 今年1月，7家实现期交保费总额425亿元， ...

Regulatory Insights - In 2025, the original insurance premium income is approximately 6.12 trillion yuan, representing a year-on-year growth of 7.43%. Property insurance premium income is about 1.47 trillion yuan, while life insurance premium income is around 4.65 trillion yuan [1] - By the end of 2025, the total assets of the insurance industry are approximately 41.32 trillion yuan, an increase of 15.06% compared to the end of 2024 [1] Corporate Dynamics - China Life reported a consolidated premium income of 887.4 billion yuan in 2025, reflecting a year-on-year increase of 7.4%. The group's consolidated operating revenue reached 1.28 trillion yuan, up 11.3%, with investment income of 401.1 billion yuan, a growth of 17.6% [2] - China Pacific Insurance achieved premium income exceeding 730 billion yuan in 2025, with claims paid amounting to 473 billion yuan and a total insurance liability of 36.48 trillion yuan [3] Financial Personnel - Wang Gang has been appointed as the chairman of Lujiazui Guotai Life Insurance, with approval from the Shanghai Financial Regulatory Bureau [4]

Group 1 - The core point of the article is the approval of China Life Property Insurance Co., Ltd. Jinzhou Central Branch to change its business location to a new address in Jinzhou, Liaoning Province [1][3] - The new business location is specified as Room 1506 to 1522, 15th Floor, Blue Sky Building, Central Avenue 21, Linghe District, Jinzhou City [1] - The Jinzhou Financial Regulatory Bureau has issued a response confirming the receipt and approval of the request for the change of business location [3] Group 2 - China Life Property Insurance Co., Ltd. is required to handle the change and license renewal matters in accordance with relevant regulations [2]

Group 1 - The business location of China Life Insurance Co., Ltd. Hangzhou Lin'an Branch Changbei Marketing Service Department has been changed to Room 1402, 14th Floor, Building 2, Guigu Building, Yingfeng Street, Xiaoshan District, Hangzhou City, Zhejiang Province [1] - China Life Insurance Co., Ltd. is required to handle the change and license renewal matters in accordance with relevant regulations [2] - The Zhejiang Regulatory Bureau of the National Financial Supervision Administration has approved the request for the change of business location submitted by China Life Insurance Co., Ltd. Zhejiang Branch [3]

Group 1 - The company has entered into a cooperation agreement with China Life Trust to establish a joint venture for equity transfer and asset holding [1] - The joint venture will hold 99% of the equity in the project company [1] - The company, through Ruian General Partner and Shanghai Ruian, will own 40.5% of the partnership interests in the joint venture [1] Group 2 - The transaction constitutes a connected transaction under Chapter 14A of the Listing Rules but will not have a significant impact on the group's financial statements [1]