据国家税务总局消息，自去年9月26日中央政治局会议部署实施一揽子增量政策以来，叠加存量政策显 效，发票销售和税收收入增速双双稳步回升，特别是主要行业和税种均实现平稳增长，反映我国经济向 好态势不断稳固。 全国企业设备更新加快推进，消费品以旧换新政策持续释放消费活力。增值税发票数据显示，一年来， 全国企业采购机械设备类金额同比增长9.7%，其中高技术制造业采购机械设备类金额同比增长11.8%， 保持良好增长势头；冰箱等日用家电零售业、电视机等家用视听设备零售业销售收入同比分别增长 55.4%和35.3%。 中央财经大学副校长陈斌开认为，发票数据增速稳步回升，反映经济运行稳中向好、企业盈利逐步改 善、消费活力持续释放，加之今年资本市场交易活跃等因素，有力带动税收收入稳中有升。（经济日报 记者 董碧娟） 资本市场相关税收保持较高增速，反映股市交易活跃。一年来，资本市场服务业税收同比增长56.8%， 其中证券交易印花税同比增长110.5%；与资本市场相关的行业、税种收入增长较快，如保险业税收同 比增长13.3%；同时，股权转让以及上市公司分红增加。 主要行业、税种收入增长平稳，反映企业经营及利润状况不断改善。从主要行 ...

Core Viewpoint - The event organized by the Chifeng City Veterans Affairs Bureau aims to enhance employment opportunities for veterans by facilitating direct engagement with quality companies in the region [1][5]. Group 1: Employment Opportunities - The event included visits to three companies: Inner Mongolia Mengdu Sheep Industry, COFCO Jiajia Kang, and China Life Insurance, providing veterans with insights into potential job roles [1][3]. - Veterans were able to observe production processes, ask questions about job responsibilities, work intensity, and salary, thereby alleviating concerns about job compatibility [3][5]. Group 2: Company Engagement - Inner Mongolia Mengdu Sheep Industry showcased its meat processing, packaging, and storage processes, allowing veterans to understand the operational aspects of the industry [3]. - COFCO Jiajia Kang focused on roles related to breeding technology, supply chain management, and quality inspection, explaining job responsibilities and growth opportunities [3]. - China Life Insurance introduced its corporate culture and career paths in the financial sector, helping veterans gain a new perspective on financial industry roles [3]. Group 3: Future Initiatives - The Chifeng City Veterans Affairs Bureau plans to continue focusing on the employment needs of veterans by integrating more quality company resources and conducting personalized employment matching activities [5]. - The initiative aims to bridge the gap in veteran employment, ensuring they can successfully transition into new roles [5].

智通财经记者 | 吕文琦 上市险企近日好消息不断，保费、盈利双飘红，股价持续上涨。 自10月13日晚新华保险（601336.SH，01336.HK）率先披露三季报预告以来，人保财险（中国财险， 02328.HK）、中国人寿（601628.SH，02628.HK）相继发布2025年前三季度业绩预增公告。这三家险企 的净利润同比增幅均保持在40%以上，其中中国人寿以50%-70%的增幅领跑。 投资收益助推利润上涨 10月19日晚，中国人寿公告称，经初步测算，2025年前三季度预计实现归属于母公司股东的净利润约 1567.85亿元到1776.89亿元，同比增加约522.62亿元到731.66亿元，同比增长约50%到70%，保持高基数 上的高增长。 谈及本期业绩预增的主要原因时，中国人寿表示，公司聚焦价值创造与效益提升，持续深化资负联动， 深入推进产品和业务多元，可持续发展能力进一步增强。公司稳健开展跨周期投资布局，持续提升投资 专业能力，不断增强投资组合收益稳定性，提升长期回报潜力。 此前，10月13日晚，新华保险发布公告称，预计前三季度归属于母公司股东的净利润为299.86亿元至 341.22亿元，同比增加93. ...

长沙晚报掌上长沙10月20日讯（全媒体记者 曹开阳）10月20日，湖南省普惠型商业补充医疗保险项目——"湖南 医惠保2026"在长沙正式启动。这一年度缴费128元起、提供政策内外各200万元的最高保障的惠民工程，标志着 湖南在构建多层次医疗保障体系方面取得了重要进展，为全省参保群众织就了一张更加坚实、广泛的健康"保障 网"。 政策引领，服务"健康湖南"大局 "湖南医惠保2026"是在湖南省医疗保障局、国家金融监督管理总局湖南监管局等单位共同指导下，由中国人寿保 险股份有限公司湖南省分公司与中国人民财产保险股份有限公司湖南省分公司主承保，联合在湘11家保险机构共 同推出的普惠型商业补充医疗保险。 湖南省医疗保障局副局长邓洁云在致辞中表示，"湖南医惠保2026"是湖南省深入贯彻落实"健康中国"战略的重要 实践，是完善民生保障体系的关键举措。这一产品通过政府引导、市场运作的模式，实现了基本医保与商业保险 的有效衔接，充分体现了我们推进共同富裕、增进民生福祉的坚定决心。 国家金融监督管理总局湖南监管局人身保险监管处处长郭春高表示："湖南医惠保2026"的推出是深入贯彻落实中 央金融工作会议精神，推动普惠保险高质量发展 ...

今年主题：策动金融科技新时代 香港一直稳居全球三大国际金融中心之列，更是亚洲金融市场的领导者。近年，香港持续推动金融科技发展，最近获《全球金融中心指数》评为全球第一的 金融科技枢纽，足证本港在推动全球金融科技向前迈进的关键角色。现时，香港拥有逾1 100间金融科技企业，预计于二○三二年，金融科技行业的总收入将 达至6,060亿美元，年均增长率高达28.5%。香港金融科技周将持续拓展其国际影响力，进一步巩固其作为亚洲领先金融科技盛会的地位。 投资推广署今日（十月十七日）公布香港金融科技周 x StartmeupHK创业节2025的详情。今年两大旗舰盛事踏入十周年庆典，将于十一月三日至七日联合举 行，打造更具规模的业界平台，全面聚焦创科领域及商业效益。两项活动的结合不仅彰显香港对数字经济的坚定承诺，更进一步巩固其作为领先国际金融中 心及蓬勃发展的初创企业枢纽地位。 作为香港首屈一指的创科盛事，香港金融科技周 x StartmeupHK创业节2025由财经事务及库务局、商务及经济发展局和投资推广署联合主办，并由香港金融 管理局、证券及期货事务监察委员会、保险业监管局和活动指定承办商Finoverse合办。本年活动预 ...

10月19日，中国人寿预告前三季度预计实现归母净利1567.85-1776.89亿元，同比增幅在50-70%，实现高基数上的高增长。 参考近10年表现，国寿前三季度归母净利或有望创下历史新高。 此前不久，新华保险、人保财险也曾发布业绩预增公告，其中新华保险净利同比预增45-65%至299.86-341.22亿元，人保财险业增幅则在40-60%。 针对业绩高增，国寿方面表示公司聚焦价值创造与效益提升，持续深化资负联动，深入推进产品和业务多元，可持续发展能力进一步增强。 拆分资产负债两端表现，预计国寿本次利润"狂飙"，主要仍依靠资产端推动： 负债端，国寿上半年总保费创历史同期最好水平，但同比增幅仅为7.3%； 人身险行业前8个月保费整体增幅只在11%左右，虽保持较快增长，但较5成以上的利润变化仍有不小差距。 资产端，国寿指出今年以来股票市场回稳向好势头不断巩固，公司把握市场机会坚决加大权益投资力度，前瞻布局新质生产力相关领域，持续优化资产配置 结构，投资收益同比大幅提升。 三季度单季度，A股创业板指、科创50、深证成指、上证指数涨幅分别为50.4%、49.02%、29.25%、12.73%，预计国寿三季度利润大增 ...

Market Overview - The Hang Seng Index is expected to hold at 25,000 points, reflecting a forecasted price-to-earnings ratio of 12 times over the next 12 months, amid concerns over U.S.-China relations and weak consumer spending in mainland China [2][4] - The U.S. Federal Reserve's recent interest rate cuts and the potential for further reductions in 2026 have influenced market sentiment, with expectations of increased volatility in the market due to ongoing trade tensions [4][6] Sector Focus - The insurance sector is showing strong investment returns in Q3, driven by robust performance in A-shares, leading to expectations of positive earnings announcements from companies [7] - AI concept stocks are gaining traction as mainland China accelerates the application of artificial intelligence, with breakthroughs in chip development [7] Economic Indicators - China's GDP for Q3, along with industrial and retail data for January to September, is anticipated to be released soon, which will provide insights into the economic landscape [7] - The People's Bank of China is expected to implement a moderately loose monetary policy to support economic stability, while also enhancing financial risk monitoring and management [9] Corporate News - Zijin Mining reported a net profit exceeding $900 million for the first three quarters, while Sany Heavy Industry is set to raise up to 12.36 billion yuan through an IPO [7] - BYD and Geely are recalling over 160,000 vehicles due to safety concerns, highlighting ongoing challenges in the automotive sector [9] Investment Opportunities - The semiconductor industry is witnessing significant investments, with a 20 billion yuan project announced for a high-end analog integrated circuit production line in Xiamen [9] - The ice and snow industry in China is projected to exceed 1 trillion yuan by 2025, indicating a growing market for winter sports and related activities [10]

Market Overview - On October 20, the A-share market showed a strong rebound, with the ChiNext Index rising over 3% at one point. The Shanghai Composite Index closed at 3866.09 points, up 0.69%, while the Shenzhen Component Index rose 1.38% and the ChiNext Index increased by 2.49% [1][2]. Trading Volume and Stock Performance - The total trading volume exceeded 1.1 trillion yuan, slightly down from the previous trading day. A total of 4237 stocks rose, with 75 hitting the daily limit, while 1056 stocks declined [2]. Sector Performance - Most sectors were in the green, with the top-performing sectors including optical modules (CPO), lithium battery electrolyte, optical communication, and optical chip concepts, which saw gains of 5.70%, 4.71%, 4.05%, and 3.99% respectively. Conversely, the precious metals sector led the decline, with rare earths and banking sectors also experiencing pullbacks [2][3]. CPO Sector Highlights - The optical module (CPO) sector experienced a strong rebound, with related indices rising over 7%. Notable stocks included: - Zhongji Xuchuang, up 8.31%, with a market cap of 449.6 billion yuan [5]. - New Yisheng, up 4.86%, with a market cap of 329.7 billion yuan [6]. - Tianfu Communication, up 8.94%, with a market cap of 124.2 billion yuan [7]. - Source Jie Technology surged 14.84%, with a market cap of 35.7 billion yuan [10]. Semiconductor Sector Developments - The semiconductor chip sector also showed strength, with companies like Silan Microelectronics hitting the daily limit, reporting a market cap of 54.8 billion yuan. The company announced plans to invest 20 billion yuan in a new 12-inch high-end analog chip manufacturing line [11][13]. Financial Sector Performance - The financial sector exhibited mixed results, with Agricultural Bank of China reaching a new high, up over 1% and achieving a market cap of 2.61 trillion yuan. Insurance stocks saw a comprehensive rise, with China Life Insurance increasing nearly 4% [15][21]. Precious Metals Sector Decline - The precious metals sector faced significant declines, with stocks like Hunan Silver hitting the daily limit down, and West Gold dropping over 8%. The international gold price remained volatile, reported at 4265.61 USD per ounce, up 0.35% [24][25][27].

Group 1: Market Overview - The Hang Seng Index closed down 641 points, a decline of 2.48%, and accumulated a weekly drop of 1,043 points or 3.97% [2] - The Hang Seng Tech Index fell by 243 points or 4.05%, with a weekly loss of 499 points or 7.98% [2] - The trading volume for the day was 314.62 billion, with a net inflow of 6.30 billion from northbound trading [2] Group 2: Company Performance - HSBC Holdings (00005) closed down 1.9% at 100.9 HKD, while AIA Group (01299) fell 2.2% to 69.05 HKD [3] - Semiconductor companies like SMIC (00981) and Hua Hong Semiconductor (01347) saw declines of 6.5% and 6.9%, respectively [3] - BYD Electronics (00285) was the worst-performing blue chip, dropping 8.1% to 37.74 HKD [3] Group 3: Economic and Regulatory Developments - The Financial Secretary of Hong Kong, Paul Chan, emphasized the importance of attracting U.S. businesses and talent to invest in Hong Kong, highlighting the city's favorable business environment [6] - The Insurance Authority has classified AIA and Prudential as Domestic Systemically Important Insurers (D-SII), which will subject them to enhanced regulatory requirements [8] - The People's Bank of China Governor, Pan Gongsheng, discussed the need for multilateral cooperation in light of increasing global economic challenges [9] Group 4: Retail Sector Insights - Chow Tai Fook (01929) reported a 4.1% year-on-year increase in retail value for the second fiscal quarter, with same-store sales in Hong Kong and Macau rising by 6.2% [11] - Xtep International (01368) experienced low single-digit growth in retail sales in mainland China for the third quarter, with inventory turnover of approximately 4 to 4.5 months [14] Group 5: Financing Activities - Zhengli New Energy (03677) announced a placement of 45.92 million new H shares at a discount of 7.89% to raise approximately 504 million HKD for various projects [12] - Aneng Logistics (09956) received a conditional proposal for potential privatization from a consortium led by Dazhong Capital and Temasek [13]

Core Insights - Green finance is becoming a crucial financial force in promoting high-quality economic and social development in China, connecting industrial structural transformation with harmonious coexistence between humans and nature [1][2] - As of the end of Q2 this year, the balance of green loans in China reached 42.4 trillion yuan, reflecting a 14.4% growth since the beginning of the year, indicating a positive momentum in green finance development [1] Group 1 - Green finance serves as both a standard and direction, with financial tools being the means of support for sustainable development [1] - The implementation plan for high-quality development of green finance in the banking and insurance sectors emphasizes institutional innovation to promote green finance [1][2] - Financial institutions are encouraged to innovate green financial products and services tailored to local industrial characteristics and customer needs [2] Group 2 - The focus of green finance is on supporting projects with high upfront costs and long return cycles, which traditional credit models may struggle to accurately price [2] - There is a growing necessity to provide reasonable funding support for industries and projects with carbon reduction benefits, as well as for low-carbon transitions in high-emission sectors [2] - Future efforts should include summarizing effective practices in green finance and applying them to the design of transition finance policies and tools [2]