12月26日，金融界财经早餐，宏观政策、资本市场、行业板块、公司个股要闻一览： 一、今日财经要闻 1、商务部召开例行新闻发布会表示，坚决反对美对华半导体产品加征301关税，已通过中美经贸磋商机 制向美方提出严正交涉。对于稀土磁体出口限制相关问题，中方积极促进、便利合规贸易。针对TikTok 与投资者签署协议，中国政府希望企业达成符合中国法律法规、利益平衡的解决方案。 2、中国人民银行12月25日公告称，以固定利率、数量招标方式开展1771亿元7天期逆回购操作，操作利 率为1.4%。当日有883亿元7天期逆回购和3000亿元MLF到期，同时央行实施4000亿元MLF操作，合计 实现净投放1888亿元。12月MLF维持加量续作，继续向市场投放中期流动性，保障岁末年初金融市场 平稳运行。2025年全年，MLF净投放超1万亿元，持续呵护市场流动性。 3、国家发展改革委预告，国家发展改革委专题新闻发布会即将召开，介绍国家创业投资引导基金有关 工作。近日，国家创业投资引导基金旗下三只子基金同日完成工商登记，预示着这一"航母级"基金即将 启航。 4、私募排排网数据显示，截至12月12日，有业绩记录的近1500只私募多资产策 ...

Core Viewpoint - The Zhejiang Province has introduced the "Ten Measures for Financial Support of Individual Industrial and Commercial Households" to address the challenges faced by individual businesses, which constitute a significant portion of the local economy and employment [1][2]. Group 1: Policy Overview - The policy includes ten areas of focus: foreign trade support, stable financing expectations, digital empowerment, credit enhancement measures, insurance protection, categorized assistance, cost optimization, service accessibility, one-stop services, and policy promotion [1]. - The measures aim to resolve urgent issues faced by individual industrial and commercial households [1]. Group 2: Foreign Trade and Financing Support - To enhance foreign trade support, the policy proposes simplifying foreign exchange payment procedures and improving cross-border fund settlement efficiency [1]. - The financing expectations for individual businesses will be stabilized by extending loan renewal policies from small and micro enterprises to individual industrial and commercial households, along with promoting "continuous loans + flexible loans" to meet temporary and seasonal funding needs [1][2]. Group 3: Credit and Insurance Innovations - The policy aims to address the long-standing issue of unsecured loans for individual businesses by utilizing a provincial financial service platform to create precise credit profiles, enabling financial institutions to issue credit loans based on these evaluations [2]. - It also encourages converting intangible asset values, such as trademarks and patents, into loan qualifications, providing intellectual property pledge financing for businesses with such assets [2]. Group 4: Targeted Assistance - The policy emphasizes categorized and precise assistance based on the development stages of individual businesses, offering tailored financial products such as "entrepreneur loans" for startups and guaranteed loans for survival-type businesses [2]. - For growth-type businesses, credit loans and expedited loan approvals will be provided, while development-type businesses will have access to specialized credit products like "Famous and Special Loans" [2]. Group 5: Service Enhancement - The policy focuses on increasing credit issuance and consumer finance resources, enhancing service reach through online and offline strategies, and establishing comprehensive service centers for one-stop services [3]. - It also aims to strengthen multi-department collaboration for effective policy promotion and implementation [3].

长寿时代下，泰康将医养康宁服务引入传统寿险"负债端+投资端"的二维结构中，开创"支付+服务+投 资"三端协同的新寿险商业模式。而这一切的实现与落地，离不开广大绩优代理人的坚持与付出。HWP 健康财富规划师的诞生，得益于泰康对趋势的前瞻判断，在泰康倾力打造下，HWP已成长为一支新型 绩优代理人团队。HWP健康财富企业家、HWP合伙人持续晋升，保费贡献率逐年攀升。作为此次南京 的HWP"城市代言人"之一，37岁的张津维曾在汽车后市场领域创业，公司将业务做到江苏省头部，但 他在触碰到了天花板后幸运地遇见了泰康。张津维的企业家精神，在这里找到了新的出口：他不满足于 自己做得好，他想要"生产"更多像他一样的人。 自2023年起，泰康人寿HWP管理部与泰康保险集团品牌传播部联合为健康财富企业家及合伙人打造了 专属激励项目—"HWP笑对未来城市代言人"，以笑容感染众人，传播HWP品牌力和影响力，呈现HWP 的职业风采。项目自启动以来，各机构反响积极，全力开展，全员传播，使得HWP笑对未来成为内外 部认可的明星项目。2023—2024年共上线11城，134位优秀从业者脱颖而出。2025年项目全新升级，以 群像广告传递品牌力量 ...

Core Viewpoint - The Zhejiang Provincial Government has announced ten measures to support the high-quality development of individual businesses, aiming to enhance financial services and improve operational efficiency for this sector [1][15]. Group 1: Financial Support Measures - Simplification of foreign exchange payment procedures and enhancement of cross-border fund settlement efficiency for individual businesses [3][15]. - Extension of loan renewal policies from small and micro enterprises to individual businesses, allowing for early renewal assessments by financial institutions [4][18]. - Implementation of a digital platform to create precise credit profiles for individual businesses, facilitating access to credit loans based on credit evaluations [5][20]. Group 2: Risk Management and Insurance - Promotion of various insurance products tailored for individual businesses, including "restaurant and accommodation insurance" and "small business insurance," to mitigate operational risks [6][22]. - Introduction of knowledge property pledge financing services for individual businesses with intangible assets like trademarks and patents [5][20]. Group 3: Tailored Financial Services - Development of differentiated financial services based on the growth stage of individual businesses, including low-threshold "startup loans" for new businesses and credit loans for established ones [7][24]. - Encouragement of financial institutions to utilize tax exemptions on loan interest income to reduce financing costs for individual businesses [9][26]. Group 4: Accessibility and Policy Promotion - Increased outreach efforts to individual businesses through online platforms and face-to-face meetings to improve access to financial services [10][27]. - Establishment of comprehensive service centers to provide a one-stop solution for credit, insurance, and administrative services [11][30]. - Collaborative efforts among regulatory bodies and financial institutions to enhance policy awareness and accessibility for individual businesses [12][31].

Core Viewpoint - "Liao Huibao 2026" is a significant initiative aimed at enhancing the multi-tiered medical insurance system in Liaocheng, addressing the issues of high medical costs and access to healthcare, while promoting the construction of a "Healthy Liaocheng" [1] Group 1: Regulatory Oversight and Compliance - The Liaocheng Financial Supervision Bureau will guide insurance entities to conduct compliant promotional activities for "Liao Huibao 2026," ensuring no misleading claims or false promises are made during sales [3] - Insurance companies involved in "Liao Huibao" must adhere to commercial health insurance regulations, develop reasonable coverage plans, and ensure transparency in product terms and claims processes [4] - There will be a focus on enhancing information transparency, requiring insurance companies to disclose relevant data and reports to the public regarding the operation and risk status of "Liao Huibao" [4] Group 2: Service Improvement and Consumer Benefits - "Liao Huibao 2026" aims to provide comprehensive and high-quality commercial supplementary medical insurance, enhancing the overall satisfaction and happiness of the residents of Liaocheng [3] - The program has already implemented a one-stop settlement system and has introduced direct compensation services for out-of-town medical treatments, significantly improving the efficiency of claims services [3] - Insurance companies are encouraged to leverage their strengths to attract more citizens to participate in the program, thereby expanding the coverage base [3]

转自：北京日报客户端 2019年5月至2023年8月，杨玉成任申万宏源集团股份有限公司和申万宏源证券有限公司党委副书记，申 万宏源证券有限公司执行董事、总经理； 2014年12月至2019年5月，担任申万宏源集团股份有限公司和申万宏源证券有限公司党委委员，申万宏 源集团股份有限公司监事长。 12月24日，新华人寿保险股份有限公司（以下简称"新华保险"）发布第九届董事会第一次会议决议公 告。公告称，该公司于2025年12月12日以书面方式向全体董事发出第九届董事会第一次会议通知和材 料，会议于2025年12月24日在北京市以现场方式召开，审议通过了《关于选举公司第九届董事会董事长 的议案》，同意选举杨玉成担任公司第九届董事会董事长。 新华保险官网信息显示，杨玉成自2023年12月起担任该公司执行董事、董事长，自2023年8月起担任该 公司党委书记。 2008年5月至2014年12月，在宏源证券股份有限公司历任党委委员、纪委书记、副总经理、监事长。 此前，杨玉成曾任国家国有资产管理局主任科员，国务院稽察特派员助理，中共中央企业工作委员会国 有企业监事会专职监事，中国网络通信有限公司综合部总监，中国经济技术投资担保 ...

Market Overview - Major A-share indices collectively rose, with the Shanghai Composite Index up 0.47% to 3959 points, marking a seven-day increase [1] - The Shenzhen Component Index and the ChiNext Index recorded five consecutive days of gains, rising 0.33% and 0.3% respectively [1] - The trading volume in the Shanghai and Shenzhen markets reached 1.92 trillion yuan, an increase of 44.3 billion yuan from the previous trading day [1] Sector Performance Commercial Aerospace - The commercial aerospace sector saw a surge, with over twenty stocks hitting the daily limit, including Haoshi Electromechanical, Superjet, and Guanglian Aviation [2][5] - Key stocks included: - Haoshi Electromechanical: +20.01% [6] - Superjet: +20.00% [6] - Guanglian Aviation: +19.99% [6] - A meeting by China Aerospace Science and Technology Corporation emphasized the focus on developing core technologies for reusable rockets and integrating aerospace with AI and advanced manufacturing [5] Paper Industry - The paper sector experienced gains, with stocks like Hengda New Materials and Wuzhou Special Paper hitting the daily limit [7] - Recent trends include major packaging paper companies reducing production capacity and price increases announced by various paper manufacturers [8] Robotics - The robotics sector was active, with stocks such as Hualing Cable and Haoneng Co. hitting the daily limit [9] - Notable stocks included: - Hualing Cable: +10.02% [10] - Haoneng Co.: +10.02% [10] Alcohol Industry - The liquor sector saw rapid gains, with Shui Jing Fang hitting the daily limit and other stocks like Huangtai Liquor and Jin Hui Liquor also rising [11] - Shui Jing Fang: +10.01% [12] Insurance Sector - The insurance sector showed strength, with China Pacific Insurance, Ping An Insurance, and China Life Insurance all rising over 2% [13][14] - China Pacific Insurance: +2.75% [14] - Ping An Insurance: +2.56% [14] Semiconductor Industry - The semiconductor sector saw most stocks rise, with Zhenlei Technology and Fudan Microelectronics increasing over 16% [15][16] - Zhenlei Technology: +16.90% [16] - Fudan Microelectronics: +16.21% [16] Precious Metals - The precious metals sector continued to decline, with Hunan Silver leading the drop at -4% [17][18] - Hunan Silver: -4.00% [18] Hainan Sector - The Hainan sector experienced a pullback, with Hainan Ruize and Caesar Travel both dropping over 6% [19][20] - Hainan Ruize: -6.91% [20] Individual Stock Movements - Zhangjiang Hi-Tech saw a late surge, rising nearly 5% to 42.48 yuan [21][22] - Shanghai Microelectronics won a bid for a stepper lithography machine worth approximately 110 million yuan [24]

在国家大力推进"健康中国"战略与积极应对人口老龄化的背景下，保险业如何通过数字化转型赋能养老 服务体系建设、实现自身高质量发展成为重要课题。面对我国人口结构新的变化趋势和人民对健康保障 需求的持续增长，富德生命人寿保险股份有限公司（以下简称"富德生命人寿"）提出从"风险保障 者"向"健康生活共建者"转型，深化推进"产品+服务+生态"三位一体发展模式，围绕健康与养老构建高 品质服务生态，不断提升客户体验。 在近日《中国银行保险报》主办的"2025保险业数字化转型案例征集"活动中，富德生命人寿推出的"康 养服务平台"入选"数字化营销与智能客服优秀案例"。该平台在吸收国际先进经验的同时，立足本土市 场需求进行创新升级，在服务专业性、覆盖广度和用户体验等方面，更好地满足中国老年人多元化、个 性化的养老需求。 以数字化构建融合式养老服务模式 据民政部数据显示，截至2024年底，我国65周岁及以上老年人口2.2亿，占总人口的15.6%。根据预测， 到2035年左右，我国60岁及以上老年人口将突破4亿，在总人口中的占比将超过30%。老龄化进程加速 对养老服务体系建设提出了紧迫要求。 富德生命人寿深刻洞察市场变化与客户需求， ...

Group 1 - The Guangdong-Hong Kong-Macao Greater Bay Area Low Altitude Economy High-Quality Development Conference was held on December 25, 2025, focusing on the development of the low altitude economy, which is expected to inject strong momentum into a trillion-level new sector [1] - The Guangdong Financial Regulatory Bureau and six other departments introduced twelve financial support measures for the development of low altitude economic clusters, aiming to meet the financial needs of the low altitude economy [1][5] Group 2 - The low altitude economy in Guangdong has rapidly developed, with its output value surpassing 100 billion yuan, and the investment and financing scale of core enterprises reaching nearly 50 billion yuan, accounting for about 60% of the national total [3] - The insurance scale for the low altitude economy has exceeded 325 billion yuan, with compensation expenditures nearing 150 million yuan, covering various application scenarios such as urban air transport and emergency rescue [4] Group 3 - The twelve measures introduced by the Guangdong Financial Regulatory Bureau emphasize a systematic support system focusing on mechanism construction, product service supply, collaborative linkage, and supporting guarantees to enhance the quality and efficiency of financial supply [5][6] - The measures aim to create a specialized financial service system, support the entire lifecycle of low altitude enterprises, and encourage financial institutions to develop targeted financial products [6][7] Group 4 - The initiative encourages collaboration among financial institutions to shift from single service models to comprehensive service models, enhancing cooperation with Hong Kong and Macao financial institutions [7] - The implementation of the "Twelve Measures for Low Altitude Finance" is expected to provide strong financial momentum for the growth of the low altitude economy in Guangdong [8]

央视网消息：12月25日，公安部在京召开专题新闻发布会，通报公安部和国家金融监督管理总局联合部 署开展金融领域"黑灰产"违法犯罪集群打击工作举措成效情况，并公布了十起典型案例。 一、北京钱某某等人涉嫌贷款诈骗案 2024年5月，北京市公安机关依法立案侦办钱某某等人涉嫌贷款诈骗案。经查，自2023年7月以来，以犯 罪嫌疑人钱某某、赵某某等人为首的犯罪团伙，在北京郊区组织大量有贷款需求的"白户"人员，通过虚 构种植大棚、市场摊位，虚增交易流水等方式，利用某商业银行"某某贷"产品，规模性套取涉农政策性 贷款资金6000余万元。该犯罪团伙内部分工明确，为"白户"申请贷款人员组织住宿、虚构项目、对接银 行、代还利息、"押送"取现等各环节均有专人负责，形成"黑灰产"产业链条。目前，公安机关已将钱某 某、赵某某等犯罪嫌疑人移送检察机关审查起诉。 二、内蒙古宋某某等人涉嫌敲诈勒索案 2025年8月，内蒙古自治区呼和浩特市公安机关依法立案侦办宋某某等人涉嫌敲诈勒索案。经查，2024 年10月至2025年7月间，犯罪嫌疑人宋某某等人非法获取大量信用卡欠款人信息，随后与信用卡持卡人 签订所谓"委托合作协议"，以"代理人"身份结成反 ...