来源：华夏时报 《华夏时报》记者从阿里资产拍卖平台获悉，安诚财险1.815亿股股权将被拆分为两笔，于2月9日启动 司法拍卖，合计起拍价1.91亿元。 这已经是该部分股权第五次被摆上"货架"，起拍价也从最初的2.9亿元一路下调至1.91亿元，相当于打了 六五折。对于股权大幅折价的原因以及是否主动对接过潜在战略投资者等问题，本报记者曾致函安诚财 险方面采访，截至发稿，尚未获得对方回复。 北京排排网保险代理有限公司总经理杨帆在接受本报记者采访时表示，尽管起拍价累计降幅近35%已大 幅降低了入场门槛，释放了一定的价格诚意，但能否顺利成交仍取决于该资产能否与潜在接盘方的战略 诉求实现协同；单纯的低价已难以吸引纯粹的财务投资者，唯有具备产业背景或看重区域资源整合的战 略投资者才可能介入，因此成交虽有希望但仍面临较大不确定性。 多家股东去意已决 然而，上述所有挂牌转让尝试，截至目前均未能成功觅得接盘方。一面是股东们去意已决，另一面却是 市场接盘意愿持续低迷，安诚财险的股权仿佛陷入了一个难以解开的流动性困局。 安诚财险此番被摆上拍卖台的1.815亿股股权，与已经破产的重庆市公路工程（集团）股份有限公司 （下称"重庆公路工程" ...

01 五提保险 农险被寄予厚望 来源：中保新知 民以食为天，国以农为本。历年来，中央一号文件都聚焦"三农"。 2月3日，《中共中央 国务院关于锚定农业农村现代化 扎实推进乡村全面振兴的意见》（以下简 称"中央一号文件"）对外发布，这是党的十八大以来，中央连续第14年聚焦"三农"的一号文件，也 是"十五五"首个中央一号文件。 从内容看，中央一号文件明确了今年"三农"领域的"四项重点任务、两大支撑保障"，并提出"粮食产量 稳定在1.4万亿斤左右"目标。作为护航"三农"发展的农业保险，自然不能忽略。 2026年的中央一号文件五次提及保险，涉及保险产品、理赔效率、新就业形态人员的保障等。其 中，"提高保险理赔效率""推动灵活就业人员参加城镇职工基本养老保险，扩大新就业形态人员职业伤 害保障试点"是首次提及，这也将成为指导保险公司在"三农"方面发力的重要方向。 农业保险是农民种粮的"防火墙"与"安全网"，是农业支持保护体系的重要组成部分，肩负着分散风险、 解除广大农户生产后顾之忧的独特使命，是稳定农户生产积极性、保障粮食和重要农产品安全供给的重 要金融工具。 随着我国粮食安全、乡村振兴战略的纵深推进，农业保险也获得了快 ...

Group 1 - JPMorgan Chase & Co. reduced its stake in China Pacific Insurance (Group) Co., Ltd. by selling 1,744,609 shares at an average price of HKD 39.4277 per share, totaling approximately HKD 68.786 million [1] - After the reduction, JPMorgan's total holdings in China Pacific Insurance decreased to 276,420,141 shares, representing a decline in ownership percentage from 10.02% to 9.96% [1][3] - The transaction occurred on January 29, 2026, as per the latest disclosure from the Hong Kong Stock Exchange [1][2]

Core Viewpoint - The Guangdong Financial Regulatory Bureau, in collaboration with multiple departments, has issued a comprehensive plan to promote high-quality development of inclusive finance in the province, focusing on digital services, product offerings, and organizational structures. Group 1: Financial Support for Key Industries - The plan emphasizes financial support for Guangdong's strategic initiatives such as "Yue Strong Seed," "Yue Strong Agricultural Equipment," and "Yue Strong Smart Agriculture," along with services tailored for Hong Kong and Macau youth entrepreneurship and overseas Chinese contributions to their hometowns [1][2] - Inclusive financial services for small and micro enterprises have seen significant growth, with loans exceeding 4.89 trillion yuan, quadrupling since the beginning of the 14th Five-Year Plan [2] Group 2: Agricultural and Rural Development - The plan aims to enhance credit support for distinctive agricultural products in Guangdong, with loans to new agricultural operators surpassing 144 billion yuan [2] - It also focuses on rural infrastructure financing, with loans reaching 297.3 billion yuan, to support the "Yue Beautiful Countryside" initiative [3] Group 3: Employment and Insurance Coverage - The plan addresses the financial needs of flexible employment groups, including delivery riders and gig workers, by expanding insurance coverage and credit services [4] - It proposes the development of financial products specifically for cross-border entrepreneurial talents from Hong Kong and Macau [4] Group 4: Digital Infrastructure and Financial Innovation - The plan promotes the establishment of digital financial infrastructure to address information asymmetry and improve financing coordination for small enterprises [7] - It encourages the expansion of cross-border data verification services to the Greater Bay Area, enhancing support for small businesses [7] Group 5: Differentiated Assessment and Market Competition - The plan introduces a differentiated assessment system for financial institutions to address competition in the inclusive finance sector, emphasizing risk pricing rather than just low-interest rates [8] - It encourages collaboration among financial institutions to create a comprehensive ecosystem for inclusive finance services [8] Group 6: Implementation and Monitoring - The Guangdong Financial Regulatory Bureau plans to create 23 inclusive finance specialty branches to enhance local financial service capabilities [9] - The bureau aims to leverage successful case studies from the banking sector to establish replicable models for inclusive finance reform during the 14th Five-Year Plan [10]

格隆汇2月4日丨根据联交所最新权益披露资料显示，2026年2月2日，中国人寿(02628.HK)获中国平安保险（集团）股份有限公司在场内以每股均价33.2588 港元增持1089.5万股，涉资约3.62亿港元。 | 2000 - 12 - 12 | 大股東/董事/最高行政人員名 作出披露的 買入 / 賣出或涉及的 海股的平均價 | | | 持有權益的股份數目 佔已發行的 有關事件的日期 | | | --- | --- | --- | --- | --- | --- | | | 原灰 | 股份數目 | 梳 * 标上 题 粉 黑 ) | | 有投票權股(日/月/年) | | | | | | | 份自分比 | | A Property of CS20260204E00177 | 中国平安保险(集团)股份有 101(L) 10,895,000(L | | HKD 33.2588 | 753,382,000(L) | 10.12(L)02/02/2026 | | | 限公司 | | | | | 增持后，中国平安保险（集团）股份有限公司最新持股数目为753,382,000股，持股比例由9.97%上升至10.12%。 | ...

史诗级盈利 与人身险市场情况相似，去年财险行业经营业绩表现同样可圈可点。当前，财险公司陆续公布2025年四季度偿付 能力报告，财险行业2025年的经营全貌也浮出水面。 2月4日，据北京商报记者不完全统计，目前已有77家财险公司发布2025年四季度偿付能力报告，剔除未披露相关 数据的东吴财险和法巴天星财险，其余75家财险公司合计实现保险业务收入4752.35亿元，同比增长7.64%。77家 财险公司合计实现净利润145.92亿元，可比口径下增速高达182.4%。 一方面，头部险企稳坐市场头把交椅，一些中小险企竞争加剧；另一方面，此前能够实现"小而美"的纯外资财险 公司，如今随着市场竞争加剧，普遍面临净利润下滑的情况。 据非上市保险公司2025年四季度偿付能力报告数据，纳入统计的77家非上市财险公司中，合计70家实现了盈利， 仅7家表现为亏损，盈利公司数量占比超过了九成。77家财险公司合计实现净利润145.92亿元，可比口径下增速高 达182.4%。 科方得咨询机构负责人张新原表示，2025年非上市财险公司净利润大涨，投资端受益于权益市场回暖、固收票息 稳定及资产配置优化，投资收益提升。承保端则靠非车险"报行合一 ...

增持后，中国平安保险（集团）股份有限公司最新持股数目为753,382,000股，持股比例由9.97%上升至10.12%。 | 2000 - 12 - 12 | 大股東/董事/最高行政人員名 作出披露的 買入 / 賣出或涉及的 海股的平均價 | | | 持有權益的股份數目 佔已發行的 有關事件的日期 | | | --- | --- | --- | --- | --- | --- | | | 原灰 | 股份數目 | 梳 * 标上 题 粉 黑 ) | | 有投票權股(日/月/年) | | | | | | | 份自分比 | | A Property of CS20260204E00177 | 中国平安保险(集团)股份有 101(L) 10,895,000(L | | HKD 33.2588 | 753,382,000(L) | 10.12(L)02/02/2026 | | | 限公司 | | | | | 格隆汇2月4日丨根据联交所最新权益披露资料显示，2026年2月2日，中国人寿(02628.HK)获中国平安保险（集团）股份有限公司在场内以每股均价33.2588 港元增持1089.5万股，涉资约3.62亿港元。 | ...

又一保险公司股权被摆上"货架"。 2月4日，记者在京东拍卖平台注意到，新华联控股有限公司（下称"新华联控股"）持有的三峡人寿保险股份有限公司（下称"三峡人寿"） 2亿股股份将于2月9日上午10时进行公开拍卖，起拍价为2.02亿元。 新华联控股是三峡人寿第五大股东，持股数量为2亿股，对应持股比例为6.59%。记者了解到，新华联控股于2024年11月获准进入破产清算 程序，2025年6月重整计划执行完毕。本次拍卖正是其资产处置的一部分，旨在清偿相关债务。若能顺利找到接盘方，新华联控股将彻底退出 三峡人寿股东行列。 时隔一年半，2025年6月，三峡人寿再次获批增加注册资本14.95亿元，由渝富资本出资5亿元、重庆高速公路投资控股有限公司（下称"重 庆高投"）出资4.6亿元、重庆发展投资有限公司（下称"重庆发投"）出资4.4亿元、重庆三峡国有资本运营集团有限公司（下称"三峡资本"）出 资1亿元。注册资本进一步增至30.33亿元。 2026年1月，重庆金融监管局批复同意重庆发投受让渝富资本持有的三峡人寿5.62亿股股份。受让后，重庆发投持有三峡人寿10.01亿股股 份，持股比例增至33%，跃居第一大股东；渝富资本持有三 ...

Core Insights - The "Years of Peace Specific Disease Insurance" launched by Ping An Health has gained significant popularity, topping the premium issuance charts for two consecutive weeks in early 2026 [1] - The product's internal rate of return (IRR) is projected to exceed 3% over ten years, with some scenarios estimating around 5%, which is notably higher than similar products in the current market [1][3] - The average premium for this long-term health insurance product is several tens of thousands of yuan, contrasting sharply with the average premium of several hundred yuan for previous popular medical insurance products [1] Product Features - The product incorporates a consumer medical fund into the insurance contract, marking a new trend in the industry [1] - The IRR calculations are based on a combination of cash value and medical reimbursement accounts, with a projected medical reimbursement of nearly 3,000 yuan annually, totaling approximately 29,300 yuan by the tenth year [4] - The design features two independent accounts: one for cash value accumulation and another for medical coverage, which do not affect each other [4] Market Trends - The rise of this product reflects a broader trend in the medical insurance sector towards innovative offerings that combine insurance with service [2][6] - The industry is moving towards integrating advanced treatment methods and outpatient services into insurance coverage, with a focus on comprehensive health management [6] - Several other insurance companies, including Fosun United Health and Pacific Health Insurance, are quickly following suit by launching similar products that also include consumer medical funds [8] Competitive Landscape - The market currently features six popular products, each tailored to different demographic needs, such as age coverage and health disclosures [9] - The "Years of Peace Specific Disease Insurance" stands out for its lenient health disclosures, making it more accessible to individuals with common health issues [10] - Other products, like the "Fosun Health Yao Huo 3.0," offer features such as flexible coverage and additional medical funds, catering to high-net-worth individuals [9][11]

在谈及资金流向时，冯兆邦观察到，过去数月在港股市场中表现出色的，反而是此前未被充分关注的银 行、保险等板块。他分析，这揭示了增量资金在寻求中国市场投资机会时，因头部科技股仓位普遍饱和 而开始转向其他价值洼地，寻求多元化配置。 冯兆邦也指出了AI投资面临的风险与不确定性。他认为，巨额的投资如何有效转化为商业回报，其路 径尚不明晰；同时， AI大模型在与平台现有生态系统结合时，可能对原有的广告等业务造成冲击。尽 管存在这些挑战，冯兆邦仍然坚信，AI技术是中国科技股未来重要的投资主题，近期的市场盘整为投 资者积累优质科技股头寸提供了良机。 对于A股市场，冯兆邦认为A股市场已出现企稳迹象，这得益于一系列政策支持以及市场对外部环境改 善的预期。然而，他同时强调，内地需求的复苏仍是渐进且不均衡的。他观察到，持续的价格压力使得 居民消费意愿偏弱，零售销售数据虽尚可，但增长主要集中于少数几个线上平台。尽管居民储蓄率仍在 上升，为未来的消费复苏奠定了资金基础，但由股市上涨带来的财富效应尚未明显传导至消费领域。 （文章来源：21世纪经济报道） 2月4日，摩根大通董事总经理、亚洲股票策略主管冯兆邦在一次内部交流中表示，对中国市场的 ...