来源：蓝鲸新闻 （图片来源：视觉中 国） 2025年，在政策松绑与收益诉求的双重驱动下，保险资金在权益市场表现活跃，表现之一即是举牌频次 的提升，全年举牌次数攀升至39次，创下2016年以来新高。 从投资标的来看，银行股成为险资布局"压舱石"，其低估值与高股息特征契合保险资金的稳健偏好；公 用事业板块也因稳定的现金流和防御属性备受青睐。 随着监管部门持续引导"长期资本"入市，险资正通过增配权益资产寻求收益弹性，未来有望进一步成为 资本市场的重要稳定力量。 政策松绑与收益诉求共振，险资举牌次数攀升至十年新高 近两年，在政策推动"长期资本"入市的背景下，险企布局权益市场规模持续提升，2024年，险企举牌次 数增至20次，2025年，该数据则进一步攀升，接近翻倍。 蓝鲸新闻记者统计，从具体的举牌情况来看，2025年参与举牌的险企中，平安人寿最为活跃，全年共计 举牌12次，其中，仅8月，就完成3度举牌，分别增持邮储银行H股（1658.HK）到15%，增持中国太保H 股（2601.HK）、中国人寿H股（2628.HK）至触举牌线。 除平安人寿外，长城人寿亦延续去年的举牌积极性，2025年进行4次举牌；弘康人寿进行四次举 ...

Core Viewpoint - The development of commercial health insurance is essential not only to meet the diverse medical needs of the population but also as a strategic choice to address the challenges posed by an aging population and to ensure the financial sustainability of the healthcare system [1][3]. Group 1: Importance of Commercial Health Insurance - Commercial health insurance is increasingly recognized as a vital supplement to basic medical insurance, with clear expectations set by national policies [3][4]. - The "Healthy China 2030" plan emphasizes the establishment of a multi-tiered medical security system, with commercial health insurance expected to exceed 2 trillion yuan by 2025 [3][4]. - The dual role of basic medical insurance and commercial health insurance is to provide a comprehensive safety net, with the former focusing on basic coverage and the latter addressing diverse and personalized healthcare needs [4][6]. Group 2: Addressing Aging Population Challenges - Commercial health insurance can cover expenses not included in basic medical insurance, thereby alleviating financial pressure on the latter [6][7]. - It offers long-term care products that address the needs of the elderly, providing monthly supplementary coverage ranging from 3,000 to 8,000 yuan [7]. - By integrating health management services, commercial health insurance can reduce overall medical expenses by 15% to 20% for chronic disease patients, benefiting both insurers and the basic medical insurance fund [7]. Group 3: Future Development of Commercial Health Insurance - A multi-tiered medical security system is essential to meet the varying needs of different income groups, with commercial health insurance playing a key role in this structure [9]. - Future policies should elevate the strategic importance of commercial health insurance in addressing aging and maintaining the sustainability of basic medical insurance funds [9][10]. - The integration of medical and elderly care services will be crucial, with commercial health insurance acting as a connector for these resources [10]. Group 4: Product Development and Market Trends - The market is expected to see a dual development of inclusive and personalized products, ensuring broad coverage for various demographic groups [11]. - Inclusive products like "惠民保" will expand to cover more rural areas, while innovative health management services will cater specifically to the elderly [11]. - Regulatory frameworks will need to evolve to ensure collaboration between commercial health insurance and the broader healthcare system, enhancing transparency and consumer trust [12]. Group 5: Global and Local Integration - The trend of combining global resources with local services in commercial health insurance will address cross-border medical needs and adapt to local healthcare conditions [13]. - Insurance companies are encouraged to develop products that facilitate overseas medical treatment while ensuring they are tailored to the unique characteristics of China's healthcare system [13].

1月5日，和讯投顾徐剑波表示，2026年A股迎来开门红，稳稳站上4000点，这波行情能否继续上冲？我 的观点是，行情可能真要启动了。其一，沪指逼近前高，创业板离3331点也仅一步之遥，蓄势突破或预 示行情来临；其二，目前成交额达2.5万亿，稳稳站在2万亿之上，资金全在进场抢筹，市场彻底转强。 不过必须提醒，12连阳后市场不大可能直接突破，大概率会震荡蓄势消化压力，待时机成熟再向上突 破，所以别纠结明天指数涨跌，重点应找分化后的新机会。今天最火题材是周末发酵的脑机接口，量化 开盘就冲进去，看似热闹，但我更看好低位题材数字货币。这波数字货币有政策支持，央行行动方案1 月1号正式落地，新一代数字人民币计量框架管理体系全上线，数字人民币从数字现金升级为数字存款 货币，这是本质性转型，意义重大。一方面，数字人民币能生利息，大家会更乐意使用；另一方面，银 行有推广动力，以前光投入没回报，现在能放贷赚钱，自然会使劲推，而且数字货币还能产生智能合 约，让生活更便利。此外，保险板块今天大涨6个点，商业航天、脑机接口偏情绪，保险大涨则说明大 资金真的入场了，可期待期盼已久的春季行情。最后，祝大家2026年从开门红开始，持仓一路涨 ...

记者丨 林汉垚 编辑丨周炎炎 2026年刚开年，国家金融监管总局北京监管局一连发布两则批复， 同意中华联合人寿保险股 份有限公司（下称"中华人寿"）和长城人寿保险股份有限公司（下称"长城人寿"）在全国银行 间债券市场公开发行资本补充债券，这也成为2026年监管放行的首批资本补充债。 据统计，近三年来，保险行业发债规模均超千亿元，业内分析认为，这轮资本补充不仅是单一 公司应对资本压力的策略，更反映出整个保险行业在业务扩张、偿付能力改善、资负管理方面 面临的挑战。 此外，在资本补充债券发行请示获批前，长城人寿已在2025年12月份发行了10亿元规模的永 续债。 据了解，保险公司发行资本补充债和永续债均可进行资本补充。 人民银行、原中国保监会于2015年联合发布的《保险公司发行资本补充债券有关事宜》规定， 允许保险公司或保险集团(控股)公司发行资本补充债券，用于补充资本。《关于保险公司发行 无固定期限资本债券有关事项的通知》则规定，保险公司可通过发行无固定期限资本债券补充 核心二级资本。 多位受访专家指出，偿付能力监管要求提高、业务持续扩张带来资本消耗以及市场利率环境变 化，共同推升了保险公司通过发债进行资本补充的 ...

1月5日，市场高开高走迎来2026年开门红，创业板指领涨，沪指重回4000点上方，录得十二连阳。截至收盘，沪指涨1.38%，收报4023.42点；深证成指涨 2.24%，收报13828.63点；创业板指涨2.85%，收报3294.55点。沪深两市成交额达到25463亿，较上一交易日大幅放量5011亿。 从板块来看，脑机接口、商业航天、科技成长三大主线全天领涨，点燃A股上攻情绪。脑机接口概念三十余只成分股涨停，三博脑科、美好医疗、创新医疗 涨停。商业航天概念反复活跃，雷科防务4连板，中国卫通5天3板。半导体产业链走强，亚翔集成、圣晖集成等多只科技成长股涨停。AI应用概念表现活 跃，蓝色光标2连板。保险板块爆发，新华保险、中国太保大涨续创历史新高。下跌方面，海南自贸概念集体大跌，海南发展跌停。 今日全市场共108股涨停，连板股总数14只，锋龙股份7连板，26股封板未遂，封板率为80%（不含ST股、退市股）。 一、板块异动 四、涨停揭秘 | | 金融界股灵通复盘(1.5) | | | | | --- | --- | --- | --- | --- | | 代码 | 简称 | 最终封板 | 几天几板 | 原因 | | ...

Core Viewpoint - Three stocks are highlighted with strong growth characteristics and buy ranks for investors to consider, specifically The Allstate Corporation, Great Lakes Dredge & Dock Corporation, and Alarm.com Holdings, Inc. [1][2][3] Company Summaries The Allstate Corporation (ALL) - Carries a Zacks Rank 1 - Zacks Consensus Estimate for current year earnings increased by 23.7% over the last 60 days - PEG ratio of 0.45 compared to the industry average of 1.78 - Possesses a Growth Score of A [1] Great Lakes Dredge & Dock Corporation (GLDD) - Carries a Zacks Rank 1 - Zacks Consensus Estimate for current year earnings increased by 6.9% over the last 60 days - PEG ratio of 1.01 compared to the industry average of 3.07 - Possesses a Growth Score of A [2] Alarm.com Holdings, Inc. (ALRM) - Carries a Zacks Rank 1 - Zacks Consensus Estimate for current year earnings increased by 5.5% over the last 60 days - PEG ratio of 1.51 compared to the industry average of 2.44 - Possesses a Growth Score of B [3]

随着"新质生产力"从政策概念走向产业落地，商业航天已不再是遥不可及的题材炒作，而是正在成长为大国博弈与经济转型的硬核引擎。 2026年第一个交易日，A股马上迎来了开门红。沪指拉升涨超1%，时隔34个交易日，盘中重回4000点；创业板指涨超2%，科技股、金融、周期板块纷纷 上涨。 2025年见证了国防军工板块的强势复苏，尤其是涵盖卫星互联网的商业航天细分赛道，在年末更是呈现出加速上攻的态势。 | 还原 | 张幅 ÷ | 代理 | 名流 | | --- | --- | --- | --- | | 920199 | 倍益康 | 1 | +29.98% | | 688767 博拓生物 | 2 | +20.01% | | | 300409 道氏技术 | +20.01% | 3 | | | 301293 三博脑科 | +20.01% | র্ব | | | 301363 美好医疗 | 5 | +20.00% | | | 301330 熵基科技 | +20.00% | 6 | 300887 智尼测量 股大数据20.00% | | 7 | | | | | 300884 狄耐克 | +20.00% | 8 | | | 爱朋医疗 ...

Group 1 - iMoutai ranks first in the shopping category on the Apple Store, indicating strong consumer demand for its products, particularly among high-end Apple users [1] - Global gold and silver prices have risen while oil prices have fallen due to the arrest of Maduro, with Venezuela's oil production potentially increasing as the U.S. has the necessary refining experience [1] - Venezuela's current oil production is about one-fifth of its peak, and if production returns to peak levels, GDP per capita could exceed $10,000 [1] Group 2 - Century Huatong announced a share buyback plan of 300-600 million for employee stock ownership, leading to a significant increase in stock price [2] - Salt Lake Co. forecasts an 85% year-on-year increase, resulting in a stock price surge [3] - Kuaishou's stock price has risen significantly, benefiting from the AI hardware market, while software also sees some gains [5] - Insurance stocks have surged, with Ping An rising by 6%, as many consumers shift to insurance products following a decrease in deposit profits [5]

21世纪经济报道记者易妍君 2026年，A股旗开得胜，三大股指在首个交易日（即1月5日）悉数上涨。 这一天，上证指数重返4000点之上，日线更是迎来罕见的12连阳，为"春季躁动"预期下的A股市场再添"一把火"。 市场热点轮番活跃，脑机接口、保险、存储器等题材相对强势；CRO、模拟芯片、基因检测、虚拟人等概念也有不错的表现。 展望后市，前海开源基金首席经济学家、基金经理杨德龙判断，2026年科技牛行情有望延续。 亦有受访人士向21世纪经济报道记者指出，A股接下来的表现将紧密围绕几个核心变量展开，如宏观稳增长政策的具体力度、美联储货币政策的实际节奏 等。 对于2026年的投资，机构倾向于在科技成长、先进制造、顺周期与消费等方向挖掘机会。 | 内地股票 広 | | | | --- | --- | --- | | 行情 | 资金净流入 | 涨跌分布 | | 上证指数 | 深证成指 | 科创综指 | | 4023.42 | 13828.63 | 1695.84 | | +54.58 +1.38% | +303.61 +2.24% | +59.14 +3.619 | | 万得全A | 创业板指 | 北证50 | | 65 ...

Core Viewpoint - The Xinjiang Financial Regulatory Bureau emphasizes the importance of enhancing insurance effectiveness and fulfilling social responsibilities related to safety production [1] Group 1: Regulatory Actions - The Xinjiang Financial Regulatory Bureau is reinforcing the safety production responsibilities of insurance institutions within its jurisdiction [1] - It is urging the establishment of comprehensive response plans for major natural disasters and promoting active participation in disaster prevention, reduction, and emergency management systems [1] Group 2: Insurance Industry Initiatives - The bureau is guiding local insurance institutions to increase awareness and promotion of safety responsibility insurance [1] - There is a focus on collaboration with emergency management departments to address the safety production needs of enterprises [1] Group 3: Claims Mechanism - A response mechanism for claims related to major natural disasters is being established, which includes the coordination of investigation resources [1] - The bureau is creating a green service channel to ensure quick processing and compensation for cases with clear responsibilities and losses [1]