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2024年以来险资股票投资比例触底回升
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所属报告:
金融市场流动性与监管动态周报:保险资金股票投资风险因子下调如何影响A股?-251209(16页).pdf
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1950年代以来全球股票投资主题变化
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2026-05-25
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股票投资评级分布:休闲集团(截至2025年12月31日)
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2026-03-11
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图52、2016-2025年开放式股票投资信托的管理
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2026-03-09
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图51、2016-2025年开放式股票投资信托的销售
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2026-03-09
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我国股票投资账户以小规模的自然人账户占主导(上证所:占投资者
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市场规模
2026-03-05
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2024年以来险资股票投资比例触底回升
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行业数据
2025-12-22
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图表824Q4-25Q3消费前十大个股主动基金持股市值占基金股票投资市值比(%)
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行业数据
2025-12-16
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图表72023-2025年大消费行业基金持占股票投资市值比(%)
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行业数据
2025-12-16
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人身险及财险股票投资规模(单位:亿元)
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市场规模
2025-11-20
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25Q3固收+基金按证监会行业分类的境内股票投资组合规模分布情况
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市场规模
2025-11-17
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25Q3固收+基金按证监会行业分类的境内股票投资组合规模分布变化情况
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市场规模
2025-11-17
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基金股票投资比例分布(按净资产)
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行业数据
2025-11-07
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普通股票型基金股票投资比例分布(单位:%)
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行业数据
2025-11-05
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全样本主动偏股型基金股票投资比例分布(单位:%)
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行业数据
2025-11-05
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本次符合条件的股票投资风险因子下调,将为保险释放更多股市增量资金空间。截至 2025 年 9 月,保险资金运用余额 37.5 万亿元,同比增速 17%;较年初增长了 13%。其中投资股票和基金的比例 15%,相比年初提升了 2.58%。据此估算,2025 年 1-9 月保险资金贡献增量资金约 3477 亿元。展望 2026 年,保费增长叠加政策驱动,保险资金将带来可观的增量资金。保费收入端预计将延续改善,保险资金运用余额继续保持温和增长。政策端,随着 2025 年“提高比例上限 + 扩大试点规模 + 优化长周期考核 + 精细化调降风险因子” 的一系列政策组合拳落地,保险资金的净流入规模有望较 2025 年进一步扩大。假设全年保险资金运用余额规模增速 15%,以股票投资比例平均 9.7%计算,则2026 年有望带来增量资金约 5450 亿元。
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金融市场流动性与监管动态周报:保险资金股票投资风险因子下调如何影响A股?-251209(16页).pdf
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