非银金融行业周报:保险公司资产负债管理即将迈入全新阶段

申万宏源研究
Dec 21, 2025

券商:本周申万券商 II 指数收涨1.01%,跑赢沪深 300 指数 1.29pct。1)中金吸收东兴、信达证券提前复牌,重视券商并购重组主线。中金吸收合并东兴、信达证券预案已出(12 月17 日),三个标的于12 月18 日复牌(较11 月20 日停牌后推25 个交易日提前6 个交易日)。本案例属于首个由1 家上市公司吸收合并2 家上市公司,为证券行业供给侧改革提供新思路。考虑到3 家上市公司均...

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