摘要： 在保险行业面临转型挑战、亟待突破传统痛点的关键时期，星火保基于"保险需求动态诊断算法系统""大数据智能 AI 平台"以及产品与服务的双重变革，实现保障的精准匹配、提升各环节效率与体验、降低用户理解门槛、打造 灵活多元的服务生态，由此构建起"以用户为中心"的数字化保险服务新模式。 关键词：保险服务、AI赋能、金融科技、智能化 案例正文： 当前，中国保险行业正处于"强监管、促转型、提效能"的关键发展阶段。一方面，监管部门持续出台 "防风险、 去杠杆" 政策，推动行业从规模扩张向高质量发展转型，传统粗放式的经营模式难以为继；另一方面，消费者需 求呈现出 "个性化、场景化、动态化" 特征，80 后、90 后等新一代消费群体对保险服务的便捷性、精准性要求显 著提升，而传统保险运营模式通常存在的"获客成本高、产品同质化、服务响应慢、需求匹配错" 等痛点。 在此背景下，如何借助金融科技打破传统服务桎梏，实现保险服务的精准化、智能化、个性化升级，成为行业转 型的关键课题。 "星火保"平台借助自身的信息流内容生成和投放能力，通过科技创新生产力，自主研发算法系统、大数据智能 AI 平台及大模型技术，对保险服务全链条进行重 ...

图片来源：视觉中国 据智通财经盯盘数据，1月12日，沪深两市成交额3.6万亿元，较上一个交易日放量4787亿元，刷新此前在2024年 10月8日创下的34549.33亿元的成交额历史纪录。这也是两市成交额2026年第二次、历史上第六次突破3万亿大 关。其中，沪市成交额1.45万亿元，深市成交额2.16万亿元。蓝色光标成交额居首，为235.89亿元。 此前，1月9日，沪深两市成交额时隔73个交易日后再度站上3万亿大关，也是今年首次突破3万亿。此前在2024年 10月8日、2025年8月25日、8月27日和9月18日，两市成交额曾四次突破3万亿。 | 序号 | 日期 | 成交额(亿元) | | --- | --- | --- | | 1 | 2024-10-08 | 34549.33 | | 2 | 2025-08-27 | 31655.63 | | 65 | 2025-08-25 | 31411.36 | | র্ব | 2025-09-18 | 31351.72 | | 5 | 2026-01-09 | 31227.67 | | 6 | 2025-08-28 | 29708.02 | | 71 | 2024- ...

据Wind统计，A股成交额突破3万亿元此前总共发生了6次，分别是2024年10月8日，2025年8月25日、8 月27日、8月28日和9月18日，2026年1月9日。 截至1月12日下午收盘，沪指涨超1%，录得"17连阳"，深证成指涨1.75%，创业板指涨1.82%。全市成交 额3.64万亿元，刷新此前在2024年10月8日创下的34549.33亿元的成交额历史纪录，再创新高；超4100只 个股上涨。 板块方面，商业航天、AI应用两大方向领涨市场，脑机接口概念走高，电商、短剧游戏等板块领涨； 算力硬件、保险、油气等方向跌幅居前。 "当前，A股的火热历史罕见，连回调都没有！"一位广州的老股民李先生惊呼，1月12日上午开盘仅一 个小时，两市成交量接近1.7万亿，半日成交额破2.31万亿元，资金跑步进场，热点全面开花。截至上午 收盘，沪指报4151.14，涨0.75%；深成指涨1.31%，创业板指走出"V"字反弹，涨1.17%。 中航证券首席经济学家董忠云认为，从2026年第一周来观察，春季躁动或已迎来主升浪，行情主要来自 基本面、政策面和基本面改善的支撑。他指出，2025年12月国内通胀数据持续改善，其中，CPI ...

Group 1 - The current market uptrend is supported by long-term capital inflows and strong performance from the insurance sector, with the A500 ETF seeing significant net inflows of nearly 100 billion RMB in December 2025, contributing to market buoyancy [4][8][12] - The "spring rally" is characterized by a seasonal pattern in the A-share market, typically occurring from late December to the first quarter, driven by macroeconomic policies, liquidity conditions, and the timing of financial reports [5][22][24] - Historical data from 2016 to 2025 indicates that the spring rally usually starts in late January and lasts about 30 trading days, with an average index increase of approximately 15% [24][25][31] Group 2 - The macroeconomic environment for 2026 is expected to remain in a weak recovery phase, with structural support for technology-related sectors likely to continue, as policies emphasize growth and technological advancement [33][37][38] - The transition from old to new economic drivers is showing initial results, with several high-tech companies moving from policy-driven growth to performance validation, which is crucial for sustained investment confidence [40][41][45] - The market is likely to experience active trading with structural opportunities rather than a broad-based rally, as long-term capital and policy support create a conducive environment for thematic investments [48][49][50] Group 3 - Investment recommendations suggest prioritizing small-cap growth and innovation-driven sectors, as these areas are expected to benefit from improved liquidity and risk appetite [57][58] - The strategy should focus on short-term trend tracking and rapid rotation among themes, as the market dynamics are driven more by policy and industry expectations than by fundamental improvements [60][61] - The securities and financial technology sectors are expected to benefit from increased trading volumes and active leverage, while the insurance sector is positioned for long-term growth due to favorable market conditions and improved investment returns [63][64]

商业航天概念反复活跃，天润科技、星图测控、流金科技30CM涨停，天力复合、富士达、并行科技、中泰股份、华力创通、信科移 动、科大国创等纷纷大涨。 | 代码 名称 | 现价 涨跌 涨幅� | | --- | --- | | 920564 大润科技 | 34.93 +8.06 +30.00% | | 920116 星图测控 | 130.16 +30.03 +29.99% | | 920021 流金科技 | 9.51 +2.19 +29.92% | | 920576 天力复合 | 119.99 +23.97 +24.96% | | 920640 富士达 | 56.00 +10.00 +21.74% | | 920493 并行科技 | 187.00 +32.55 +21.07% | | 300435 中泰股份 | 31.60 +5.27 +20.02% | | 300045 华力创通 | 37.42 +6.24 +20.01% | | 688387 信科移动-U | 19.01 +3.17 +20.01% | | 300520 科大国创 | 48.52 +8.09 +20.01% | | 688333 铂力特 | 1 ...

英大证券研究所证券研究报告 每 周 投 资 早 参 2026 年 1 月 12 日 沪指站上 4100 点，两市成交超 3 万亿 分析师：惠祥凤 执业证书编号：S0990513100001 电话：0755-83007028 邮箱：huixf@ydzq.sgcc.com.cn 观点： 总量视角 【A 股大势研判】 上周五 A 股市场上演强势上涨行情，早盘沪指便顺利突破 4100 点关键关口， 创下近期新高。尽管上午尾盘时段出现短暂小幅回落，但午后多头力量再度集结 发力，推动指数震荡上行并刷新日内高点，最终稳稳站在 4100 点上方。 与指数强势表现相伴的是成交量的增长，上周五两市成交额突破 3 万亿元大 关，这一量级仅在 2024 年 10 月 8 日（3.45 万亿元）和 2025 年 8-9 月期间少数 几次出现过。成交放大，一方面表明市场资金活跃度大幅提升，增量资金入场意 愿强烈；另一方面也反映出市场分歧开始显现，多空博弈加剧，为后续走势埋下 波动隐患。 当前市场已形成"成交释放—指数大涨"的正向反馈循环，这一格局对行情 延续具有重要支撑。上周五指数上涨的同时成交量也跟着放大，进一步强化了这 种良性循环： ...

个股方面，A股4144股飘红，其中201股涨停。此外，1182股飘绿，其中9股跌停。 北京商报讯（记者 马换换 李佳雪）1月12日，A股三大股指开盘涨跌不一，开盘后集体震荡走高。截至 收盘，上证综指、深证成指、创业板指分别收涨1.09%、1.75%、1.82%，分别报4165.29点、14366.91 点、3388.34点。此外，北证50指数高开高走，当日大幅收涨5.35%，报1605.77点。 盘面上，Kimi概念、AI语料、Sora概念等板块涨幅居前，保险、草甘膦、石油行业等板块跌幅居前。 成交金额方面，沪市成交金额14462.3亿元，深市成交金额21552.2亿元，两市合计成交金额约3.6万亿 元，创下历史新高，这也系沪深两市成交额连续第二个交易日突破3万亿元。 ...

(责任编辑：马欣) | 序号 | 板块 | 涨跌幅(%)▼ | | 总成交量(万手) = 总成交额(亿元) ▼ | 净流入 (亿元) ▼ | 上涨家数 | 下跌家数 | | --- | --- | --- | --- | --- | --- | --- | --- | | 1 | 文化传媒 | 7.96 | 7244.83 | 947.88 | 4.59 | 82 | 2 | | 2 | IT服务 | 7.92 | 8224.94 | 1538.89 | 122.25 | 125 | 3 | | 3 | 软件开发 | 7.76 | 6402.23 | 1713.92 | 214.60 | 133 | র্ব | | র্ব | 军工电子 | 7.34 | 4143.92 | 1315.90 | 58.34 | 28 | ব | | 5 | 影视院线 | 6.48 | 1975.38 | 192.99 | 20.39 | 19 | 1 | | 6 | 游戏 | 5.98 | 2981.43 | 508.09 | 43.01 | 21 | 3 | | 7 | 互联网电商 | 5.59 | 713.45 | 106 ...

Group 1 - The A-share market has shown a strong performance, with 16 consecutive trading days of gains, surpassing the 4100-point mark, marking a ten-year high [1] - The current rise in A-shares is attributed to the systematic enhancement of the pricing power of RMB assets against the backdrop of a global liquidity restructuring [1][2] - The article analyzes the market dynamics from three dimensions: cross-border capital flow, recovery of the real economy, and asset valuation reconstruction [1] Group 2 - The change in global liquidity is driven by the anticipated personnel changes at the Federal Reserve, which may lead to a new cycle of global monetary policy [2] - The potential nomination of a new Federal Reserve chairman and the criticism of current monetary policy processes suggest an increased influence of the White House on monetary decisions [2] - If aggressive rate cuts or new quantitative easing measures are implemented, it could create strategic opportunities for RMB assets [2] Group 3 - The reversal of cross-border capital flows is indicated by the RMB entering a positive appreciation cycle, driven by expectations of currency strengthening [3] - The current capital outflow has reached approximately 10 trillion yuan, but there remains about 16 trillion yuan in unconverted funds that could return to the market [3] - The appreciation of the RMB is seen as a natural outcome of China's industrial maturity, reflecting an increase in pricing power in global trade [4] Group 4 - The recovery of cash flow statements and balance sheets in the real economy is underway, aided by the appreciation of the RMB [5] - The easing of capital outflow pressures and improved profitability in the real sector are contributing to a positive shift in cash flow dynamics [5][6] - The central bank is expected to introduce localized quantitative easing policies to support debt resolution processes by 2026 [6] Group 5 - The macroeconomic indicators show signs of mild recovery, with GDP growth reaching 4.8% year-on-year in Q3 2025, supporting the A-share market's valuation [8] - The inventory cycle has shifted from passive destocking to active restocking, indicating improved corporate profit expectations [8] - The overall economic environment is conducive to a solid foundation for A-share valuation, with rising consumer demand and easing cost pressures for industrial enterprises [8] Group 6 - The influx of incremental funds into the A-share market is evident, with insurance capital increasing its direct investment in stocks to 3.6 trillion yuan by Q3 2025 [9] - The appreciation of the RMB is expected to further enhance liquidity in the market, leading to increased capital inflows [9] - The value of Chinese manufacturing assets is being reassessed globally, as the country transitions towards high-end manufacturing and gains recognition in various sectors [10] Group 7 - Investment strategies should focus on sectors that benefit from RMB appreciation, such as import-dependent industries and those with high dollar liabilities [11] - Key areas for investment include advanced manufacturing sectors like brain-machine interfaces and commercial aerospace, which represent the future direction of China's economy [12] - Stable income-generating assets, such as banks and insurance companies, are expected to play a crucial role in the economic recovery process [12] Group 8 - The current market conditions suggest that the A-share market's rise above 4100 points is not a temporary peak but a new starting point for the revaluation of RMB assets [13] - The year 2026 is anticipated to see stronger fiscal policies and coordinated monetary measures that will support the stock market [13] - The consensus on the revaluation of Chinese assets is forming, driven by global supply chain restructuring and energy transitions [13]

Core Viewpoint - The A-share market experienced a strong performance with the Shanghai Composite Index rising by 1.09%, and the total trading volume exceeding 3.64 trillion yuan, marking a historical high [1]. Market Performance - The three major indices opened strong and closed higher, with the Shanghai Composite Index up by 1.09%, the Shenzhen Component Index up by 1.75%, and the ChiNext Index up by 1.82% [1]. - Over 4,100 stocks in the market saw an increase in value [1]. Sector Performance - The commercial aerospace sector showed robust performance, with companies like China Satellite and Aerospace Electronics hitting the daily limit [1]. - Brain-computer interface concept stocks surged, with Nanjing Panda achieving five consecutive daily limits [1]. - Controlled nuclear fusion concept stocks were active, with Falunsheng hitting the daily limit and Haheng Huaton rising over 11% [1]. - Sectors such as digital media, military electronics, software services, and cloud services had significant gains [1]. - Conversely, sectors like insurance, petrochemicals, and coal experienced declines [1].