双面红利股属性

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举牌潮再起险企双面红利属性凸显 港股保险股短线拉升阳光保险涨超7%
Xin Lang Cai Jing· 2025-08-14 07:45
智通财经8月14日讯(编辑 冯轶)今日港股保险股迎来拉升行情。 截至发稿,阳光保险(06963.HK)涨超7%、中国太保(02601.HK)、中国财险(02328.HK)双双涨超5%,中国人寿(02628.HK)等大型险企也明显跟涨。 综合来看,由于今年以来险资持续加大权益市场配置,叠同期A股及港股表现强势,保险股也开始受到资金持续关注。 | 물을 | 代码 | 名称 | 最新价 | 涨跌额 | 涨跌幅 = | ﺪ | | --- | --- | --- | --- | --- | --- | --- | | 1 | 06963 | 阳光保险 | 4.190 | +0.280 | +7.16% | 481 | | 2 | 01508 | 中国再保险 | 1.650 | +0.110 | +7.14% | 700 | | 3 | 02328 | 中国财险 | 18.330 | +0.900 | +5.16% | 407 | | 4 | 02601 | 中国太保 | 36.120 | +1.740 | +5.06% | 347 | | 5 | 01336 | 新华保险 | 51.300 | +2.120 | +4 ...
中泰证券:保险股具备双面红利股属性
Zheng Quan Shi Bao Wang· 2025-08-11 00:13
Core Viewpoint - The report from Zhongtai Securities indicates that while the life insurance industry typically has a negative duration gap due to the characteristic of "assets maturing before liabilities," large life insurance companies have a more balanced asset-liability matching, with a trend of narrowing duration gaps. In contrast, small and medium-sized companies have a higher proportion of long-duration insurance products but lack long-duration assets, leading to a larger and continuously expanding duration gap [1]. Group 1 - The life insurance industry exhibits a negative duration gap due to the nature of asset and liability maturity [1]. - Large life insurance companies show a trend of narrowing duration gaps, indicating better asset-liability matching [1]. - Small and medium-sized companies face challenges with a high proportion of long-duration insurance products and insufficient long-duration assets, resulting in an expanding duration gap [1]. Group 2 - Insurance stocks possess dual dividend attributes, benefiting from both the inherent dividend advantages of listed insurance companies and the strategic investments in high-dividend assets by leading firms like Ping An [1]. - The stock prices of dividend assets are expected to have a significant indirect impact on the performance of these companies [1].