Group 1: Hang Seng Index (HSI) - Bullish investors continue to expect the index to rise to 27,000 points, maintaining their positions in bull certificates with a redemption price of 25,854 points [1][2] - Bearish investors believe the recent small rebound has ended and anticipate a decline of 300-400 points, holding bear certificates with a redemption price of 27,300 points [1][2] - Current technical signals show a predominance of sell signals, with 10 sell signals compared to 5 buy signals, indicating a potentially less optimistic short-term market outlook [2][4] Group 2: Hong Kong Exchanges and Clearing (00388.HK) - The stock price of Hong Kong Exchanges is showing a relatively strong performance, currently trading around 430 HKD, with a potential resistance level at 438 HKD [5] - If the stock can break through the 438 HKD resistance, there is a possibility of reaching 440 HKD [5] - Technical signals indicate a majority of sell signals, with 11 sell signals and 6 buy signals, suggesting a cautious short-term outlook [5][6] Group 3: Yancoal Energy (01171.HK) - Yancoal Energy's stock price has shown strong upward movement, with a significant increase in trading volume [11] - The short-term resistance level is around 11.2 HKD, and if this level is surpassed, the stock could rise to 11.5 HKD [11] - Current technical signals are neutral, indicating no clear direction in the stock's movement [11][15] Group 4: AIA Group (01299.HK) - AIA's stock price has remained relatively stable, with a slight decline, and is currently consolidating at high levels [16] - The resistance level is approximately 89.1 HKD, and if surpassed, the stock could potentially reach 90 HKD or higher [16] - The technical signals are predominantly sell signals, with 10 sell signals and 6 neutral signals, indicating a cautious approach for investors [16][21] Group 5: China Mobile (00941.HK) - China Mobile's stock has experienced increased volatility, currently trading around 81.3 HKD, with a support level at 78.2 HKD [21][22] - If the stock falls below 78.2 HKD, it may decline further to around 74.9 HKD [21][22] - The technical signals are primarily buy signals, with 5 buy signals and 5 sell signals, suggesting some support for bullish positions [22][25] Group 6: Alibaba Group (09988.HK) - Alibaba's stock has seen a notable decline, with increased trading volume during the market downturn [26] - The support level is around 142 HKD, and if breached, the stock could drop to 140 HKD or lower [26] - Although the technical signals indicate a majority buy signals, caution is advised due to the proximity of the redemption price to the support level [26][30]

法院：属职务行为，应由公司担责 成都一名外卖小哥送餐完成后与他人相撞发生交通事故，造成他人十级伤残，责任应由谁担？经多次协 商未果后，伤者将骑手及其任职的某科技公司、承保的某保险公司等起诉至法院。 1月7日，记者从彭州法院获悉，这起案件，法院判决某科技公司赔偿18367.70元，某保险公司赔偿 34478.28元。 法院经审理认为，事故发生时间为13:35，虽超出排班时段，但属于刚完成工作任务的合理延续阶段， 且李某身着骑手服装、驾驶配送专用电动车，符合执行工作任务的客观特征，李某的行为属于职务行 为，应由某科技公司承担赔偿责任，李某无需与公司承担连带责任。 而该科技公司为李某投保了雇主责任保险附加第三者责任险，李某事发时处于符合保险条款中"从事与 被保险人业务有关工作"约定的情形，保险公司需在保险责任限额内承担理赔责任。 法院结合医嘱、鉴定意见等，核定王某某合理损失共计52845.98元，依法作出上述判决。 华西都市报-封面新闻记者 戴竺芯 某外卖平台的骑手李某在13:20接到一笔送餐订单后，于13:30顺利送达，完成工作任务后骑着电动自行 车往回走。5分钟后，李某在某路口超越同向骑行自行车的王某某时，与王 ...

转自：北京日报客户端 2026年伊始，海峡金桥财产保险股份有限公司（以下简称"海峡保险"）抛出系列重磅公告，拉开了深度 变革的序幕。1月6日至7日，海峡保险临时负责人选定、董事长更迭、增资扩股拟定三则公告密集发 布，叶远航出任董事长、原董事长转任临时负责人，四位股东拟合计注资10亿元。该公司股权也将更加 集中，第一大股东将合计持股48.65%。 管理层大换血与股东队列洗牌同步推进，凸显其摆脱经营亏损、谋求转型发展的决心。而这场力度空前 的变革，也将深刻影响海峡保险未来的发展轨迹。 老将转岗新人掌舵 1月6日，海峡保险公告，根据《福建金融监管局关于叶远航海峡金桥财险公司董事、董事长任职资格的 批复》（闽金复〔2025〕304号），自2025年12月25日起，施培德不再担任公司董事长，叶远航担任公 司董事长。同日，海峡保险的另一则公告提到，经公司董事会决议，自2025年12月25日起，施培德担任 公司临时负责人，代行总裁职责。 透过简历来看，施培德与叶远航均来自人保财险福建体系。施培德1992—2021年服务于人保系统，曾任 人保财险厦门市分公司党委书记、总经理等职务，2021年6月25日起担任海峡保险董事长。 ...

本报记者 杨笑寒 东兴证券银行首席分析师林瑾璐表示，在债券市场利率不断走低、存量高息非标陆续到期的再配置压力下，保险资金近年 来加大股票配置力度，特别青睐兼顾高股息、低波动特性的银行股，加速举牌上市银行。 天职国际金融业咨询合伙人周瑾对《证券日报》记者表示，上市银行普遍经营稳健，股票流动性好，股息率较高，分红稳 定且具有升值空间，因此是险资青睐的对象。 高股息策略或仍为主流 近年来，险资举牌逐渐活跃。去年险资举牌次数达41次，涉及14家保险机构和28家上市公司，这一数据仅低于2015年举牌 62次的历史峰值。 1月8日，中国平安人寿保险股份有限公司（以下简称"平安人寿"）发布公告称，平安资产管理有限责任公司受托平安人寿 资金，投资于招商银行H股股票，于2025年12月31日达到招商银行H股股本的20%，根据香港市场规则，触发举牌。1月7日， 平安人寿披露了举牌农业银行H股的公告，公告称其持股比例于2025年12月30日达到农业银行H股股本的20%，触发举牌。 至此，2025年全年险资举牌次数增至41次。受访专家表示，这反映出市场信心恢复、配套激励措施陆续出台的积极作用。 青睐银行股 港交所披露易信息显示，20 ...

Core Insights - The financial industry is undergoing a transformation in customer service, driven by AI technology, which allows for more efficient and personalized interactions between customers and service representatives [1][3]. Group 1: AI Integration in Customer Service - AI assistants are being integrated into customer service operations, enabling representatives to resolve issues that previously required multiple transfers in a single call, significantly improving customer experience [2][3]. - A regional bank reported a nearly 70% decrease in complaint rates and a 20% increase in post-loan recovery efficiency due to AI integration in customer service [3]. - In the insurance sector, 70% to 80% of complex issues can now be resolved by frontline staff using AI, transforming employees from mere information relayers to problem solvers and decision supporters [3]. Group 2: Value of Human Employees - AI technology is not replacing human workers but rather enhancing their capabilities, allowing them to focus on more complex and valuable tasks [3][7]. - The role of customer service personnel is evolving from "process executors" to "complex scenario coordinators" and "personalized service designers," emphasizing the importance of empathy and communication skills [6][7]. - The introduction of AI is leading to a shift in employment structures, moving from traditional fixed roles to a more flexible, task-driven model that enhances collaboration between humans and machines [6]. Group 3: Future Outlook - Banks like Industrial Bank are planning to create an environment where AI is accessible and utilized by all employees, shifting from passive response to proactive service [5]. - The use of AI in customer service is expected to expand, with significant advancements in areas such as wealth management and customer needs identification [5]. - The trend towards "elastic employment" based on cloud platforms and AI scheduling is emerging, indicating a significant change in how financial institutions approach staffing and service delivery [6].

Core Viewpoint - The Financial Regulatory Administration has issued a notification to clarify policies and standards for the non-auto insurance sector, addressing issues arising from the implementation of the "reporting and issuing together" policy, aiming to unify industry execution standards [1][2][3] Group 1: Policy Clarification - The notification aims to address irrational competition in the non-auto insurance market, which has led to high costs, continuous underwriting losses, and high accounts receivable, negatively impacting cash flow and financial stability of insurance companies [1] - The notification specifies that property insurance companies must issue policies and invoices after receiving premiums, while insurance intermediaries collecting premiums do not qualify as "reporting and issuing together" [1] Group 2: Special Cases and Payment Structures - For policy-related business involving government agencies and public interests, the notification allows for exceptions to the "reporting and issuing together" requirement, enabling insurance companies to issue policies based on government-signed documents [2] - The notification mandates that insurance companies must reasonably determine installment payment structures, ensuring that subsequent payments are consistent or decreasing, with the final payment not exceeding the total premium divided by the number of installments [2] Group 3: Industry Impact - The notification represents a comprehensive review of existing issues in the non-auto insurance sector, aiming to promote high-quality development by enforcing the "reporting and issuing together" policy and addressing the prevalent "involution" phenomenon in the industry [3]

写在文章前的声明：在本文之前的说明：本文中所列的投资信息，只是一个对基金资产净值进行排行的客观描述，并无主观倾向性，也不是投资建议，纯属 娱乐性质。 一顿操作猛如虎，基金净值已更新，谁是基金中的王者，谁又垫底，请看数据： | 基金简称 PK | | | 最新净值卖 司令我们顺德人 | | | --- | --- | --- | --- | --- | | 1 | 广发招利混合C | 1.1368 | 6.99% 27 | | | | 015839 | 2026-1-8 | | | | 2 | 广发招利混合A 015838 | 1.1552 | 6.99% | 27 | | | | 2026-1-8 | | | | 3 | 长城景气成 ... C | 1.6011 | 6.78% | 27 | | | 018940 | 2026-1-8 | | | | 4 | 长城景气成 ... A | 1.6235 | 6.77% | ৰ্ম | | | 018939 | 2026-1-8 | | | | 5 | 中欧半导体 ... C | 1.7705 | 6.41% | 27 | | | 019764 | 2026-1- ...

Summary of Key Points from the Conference Call Industry Overview - The focus is on the A-share market in China, particularly regarding the inflow of incremental funds and the impact of various financial instruments and investor behaviors on the stock market. Core Insights and Arguments - **Incremental Funds from Resident Deposits**: It is estimated that the scale of resident deposit migration will reach between 1 trillion to 4 trillion yuan by 2026, with an annual inflow of approximately 1 trillion yuan into the stock market. This migration is expected to enhance M2 growth, providing additional funds for the stock market [1][2] - **Insurance Funds as a Stable Investment Source**: Insurance funds are projected to contribute over 1 trillion yuan annually to the stock market. By Q3 2025, the equity asset allocation of life and property insurance companies has significantly increased, indicating a strong trend towards stock and fund holdings [1][5] - **Growth of Private and Public Funds and ETFs**: The rapid development of private equity, public funds, and ETFs is noted, with ETFs attracting many investors due to their flexibility and low costs. The annual growth potential in these areas is estimated to be between 1 trillion to 2 trillion yuan [1][6][12] - **IPO Contributions to Market Liquidity**: A-share IPOs are expected to inject several hundred billion yuan into the market annually, particularly benefiting hard manufacturing and hard technology companies during favorable market conditions [3][10] - **Impact of Resident Deposit Migration on Stock Market**: The migration of resident deposits is a crucial indicator, with significant increases in non-bank financial institution deposits suggesting that funds are gradually entering the stock market. The ratio of new resident deposits to GDP is expected to decline, indicating more funds will be available for investment [4][15] - **Long-term Role of Insurance Funds**: Insurance funds are seen as a key driver for medium to long-term capital entering the market. The allocation towards technology stocks has increased, with expectations of substantial funds waiting to enter the market in the coming years [5][8] - **Market Outlook and Slow Bull Trend**: The A-share market is anticipated to enter a slow bull phase, with long-term funds gradually allocating to equity assets. The market is expected to rely on technology and new consumption sectors in 2025, shifting focus to manufacturing in 2026 [1][7] - **Contributions from Active Funds and Private Equity**: Active funds in the secondary market contribute approximately 100 billion yuan, while private equity could bring in over 1 trillion yuan annually, especially considering stock price increases [11] - **Financing Balance and Market Expansion**: The financing balance is currently high but not at peak levels seen in 2015, indicating potential for upward movement. The annual incremental space for financing balance is estimated at around 100 billion yuan [13][14] Other Important Insights - **Investment Behavior Trends**: The gradual shift of long-term funds into equity assets is a notable trend not seen in the past two decades, with policy direction favoring a slow bull market rather than a rapid rise [7] - **Sector-Specific Investment Focus**: Future allocations by insurance funds are expected to diversify beyond financial stocks to include leading companies in sectors with favorable economic conditions [8][9]

2026年伊始，海峡金桥财产保险股份有限公司（以下简称"海峡保险"）抛出系列重磅公告，拉开了深度 变革的序幕。1月6日至7日，海峡保险临时负责人选定、董事长更迭、增资扩股拟定三则公告密集发 布，叶远航出任董事长，原董事长转任临时负责人，四位股东拟合计注资10亿元。该公司股权也将更加 集中，第一大股东将合计持股48.65%。 管理层大换血与股东队列洗牌同步推进，凸显其摆脱经营亏损、谋求转型发展的决心。而这场力度空前 的变革，也将深刻影响海峡保险未来的发展轨迹。 海峡保险在增资的同时拟进行股权转让，厦门象屿集团有限公司（以下简称"象屿集团"）拟将其所持有 的全部公司股权（合计22500万股股份，股比15%）以及由该股权而派生的所有权益，转让给福建投资 集团。 而在上述增资事项和股权转让事项获批后，海峡保险股东队列迎来一次洗牌，大股东持股比例接近一 半，部分小股东退出或持股比例被稀释。具体来说，福建投资集团持有海峡保险股权比例由20%升至 48.65%，福建高速（股比18%）、福州投资管理（股比17%）和福建船舶工业（股比10%）的持股比例 维持不变。象屿集团退出海峡保险股东队列，上海豪盛投资集团有限公司、泉州鸿星 ...

格隆汇1月8日｜中国平安人寿保险股份有限公司发布公告称，平安资产管理有限责任公司受托该公司资 金，投资于招商银行H股股票，通过竞价交易方式于2025年12月31日买入招商银行H股股票，于当日达 招行H股股本的20%，根据香港市场规则，触发平安人寿举牌。香港联交所股权披露信息显示，2025年 12月31日，平安人寿以52.6821港元的平均价增持1401.25万股招商银行H股股份，合计耗资约7.38亿港 元。此次增持后，平安人寿持有招行H股的比例由19.77%增至20.07%。 ...