转自：中国证券报·中证网 中证网讯 12月5日，港股保险板块午后涨幅扩大，截至14:35，中国平安和中国太保涨超5%。摩根士丹 利今日发布研报，将中国平安纳入重点关注名单，维持"首选"评级，同时大幅上调目标价。相关指数中 证港股通非银行金融主题指数（931024）盘中涨超3%。 展望后续保险板块投资机会，中信建投证券赵然团队表示，美联储降息背景下，港股市场流动性宽松， 关注非银板块向上弹性。其中，上市险企资负两端业绩有望迎来共振改善，建议重视保险业长期业绩增 长与估值修复的"戴维斯双击"投资机会。（张凌之） Wind数据显示，港股通非银ETF（513750，场外联接A/C类020500/020501）是全市场唯一跟踪中证港股 通非银行金融主题指数的品种，标的指数因"68.8%保险+12.8%港交所+14%证券"的成分底仓而备受资 金关注，是全市场"保险含量最高、港交所含量"最高的ETF。港股通非银ETF（513750）年内持续获资 金加仓，年内累计获净买入超235亿元，最新规模达245亿元。 ...

Group 1 - The Hong Kong non-bank ETF (513750) has seen continuous net inflows for 18 consecutive trading days, reaching a new high of 2.64 billion yuan as of June 15, 2023, with shares increasing to 1.858 billion [1] - This ETF is the first and only one tracking the CSI Hong Kong Stock Connect Non-Bank Financial Theme Index (931024), focusing on the "insurance + brokerage" sectors, with a weight of 65.1% in the insurance industry and 32.5% in quality brokerage firms [1][2] - The index has a low price-to-earnings ratio of 8.52, placing it in the 17.93% percentile over the past decade, indicating a valuation below 82% of the time, combined with a dividend yield of 3.22%, showcasing a rare "low valuation + high dividend" characteristic [2] Group 2 - The investment outlook suggests focusing on two main areas: the potential for value re-evaluation in the insurance sector due to reduced liability costs and the expected performance boost in brokerages driven by ADT growth, particularly in the Hong Kong Stock Exchange [2]