Year 2026 - AI and Insurance Intermediaries 人工智能時代下的保險中介轉型之路

65 2025 年刊與 2026 展望 YEARBOOK 2025 & PROSPECT 2026 2025 年 12 月 December 2025 表 II.4.3 按 基 金 種 類 劃 分 的 成 分 基 金 數 目 及 百 分 比 * – 2025 年 12 月 31 日 Table II.4.3 Number and percentage share of constituent funds by fund type* – 31 December 2025 貨 幣市 場基金 – 不 包括 圖 II.4.1 各 基 金 種 類 所 佔 總 淨 資 產 值 百 分 比 * – 2025 年 12 月 31 日 Chart II.4.1 Percentage share of aggregate net asset value by fund type* – 31 December 2025 46% 34% ​ 4% 5% 11% <0.5% 股票基金 Equity fund 混合資產基金 Mixed assets fund 債券基金 Bond fund 保證基金 Guaranteed fund 強積金保守基金 MPF conservative fund 貨幣市場基金 – 不包括強積金保守基金 Money market fund –other than MPF conservative fund 「預設投資策略」旗下成分基金 All constituent funds under the Default InvestmentStrategy (DIS) 1 1 11% 資料來源 Sources of Data: 強制性公積金計劃管理局 Mandatory Provident Fund Schemes Authority * 經四捨五入後，各項數字或百分比的總和未必等同總計數字或 100%。Figures or percentages may not sum up to the total or 100% due to rounding. 1 有關數字包括轉移自職業退休計劃的資產 。The figures include assets transferred from ORSO schemes. 強積金資訊 MPF INFORMATION 註冊強積金中介人數目— 2 0 2 5 年 1 2 月 3 1 日 Number of Registered MPF Intermediaries – 31 December 2025 主事中介人 1 Principal Intermediary 1 附屬中介人 2 Subsidiary Intermediary 2 總計 Total 註冊強積金中介人 Registered MPF Intermediaries 436 40,164 40,600 按前線監督劃分 By Frontline Regulator 保險業監管局 Insurance Authority 金融管理專員 Monetary Authority 證券及期貨事務監察委員會 Securities and Futures Commission 384 18 34 36,825 1,968 259 37,209 1,986 293 總計 Total 436 39,052 39,488 按基金種類劃分的核准成分基金淨資產值 1 Net Asset Values 1 of Approved Constituent Funds by Fund Type ( 百萬港元 )(HK$ million) 日期 As at 基金種類 Fund Type 股票基金 Equity Fund 混合資產 基金 Mixed Assets Fund 債券基金 Bond Fund 保證基金 Guaranteed Fund 貨幣市場基金 - 強積金保守基金 Money Market Fund – MPF Conservative Fund 貨幣市場基金 - 不包括強積金 保守基金 Money Market Fund – Other than MPF Conservative Fund 總計 * Total* 31.12.2024 580,595 435,508 48,553 74,486 146,595 5,442 1,291,179 31.03.2025 597,957 447,348 50,264 78,360 157,826 5,751 1,337,506 30.06.2025 637,893 481,966 53,338 82,869 167,311 6,064 1,429,440 30.09.2025 708,938 510,225 53,811 82,941 167,790 6,026 1,529,731 31.12.2025 719,755 20,654 54,769 83,580 168,415 6,191 1,553,364 1 主事中介人指由積金局註冊為中介人，以從事強積金計劃銷售及推銷活動，或就強積金計劃向他人提供意見的商業實體。 A principal intermediary is a business entity registered by MPFA as an intermediary for selling, marketing or giving advice on MPF schemes. 2 附屬中介人指由積金局註冊為中介人，以代表所隸屬的主事中介人從事強積金計劃銷售及推銷活動，或就強積金計劃向他人提供意見的人士。 A subsidiary intermediary is a person registered by MPFA as an intermediary for selling, marketing or giving advice on MPF schemes on behalf of the principal intermediary to which the person is attached. 3 截 至 2 0 2 5 年 1 2 月 3 1 日， 部分附屬中介人沒有隸屬任何主事中介人（ 在正常情況下不會超過 9 0 日，在此期間他們不得進行任何受規管活動，或顯示自己進行任何受規管 活動），因此未獲派任何前線監督。另一方面，由於附屬中介人皆會獲派其主事中介人的前線監督作為其監督， 而部分附屬中介人可能隸屬多於一名主事中介人，因此一名附屬 中介人可能會獲派多於一名前線監督。鑑於沒有隸屬任何主事中介人的附屬中介人數目超過隸屬多於一名主事中介人的附屬中介人數目，因此附屬中介人的數目較按前線監督劃分 的附屬中介人的總數為多。 As at 31 December 2025, some subsidiary intermediaries were not attached to any principal intermediary (normally for a period not exceeding 90 days during which they were prohibited from carrying on any regulated activity or holding themselves out as so carrying on regulated activities) and therefore not assigned to any frontline regulator. On the other hand, subsidiary intermediaries are assigned to their principal intermediary's frontline regulator and some subsidiary intermediaries may be attached to more than one principal intermediary. As such, a subsidiary intermediary may be assigned to more than one frontline regulator. Given that subsidiary intermediaries that were not attached to any principal intermediary outnumbered subsidiary intermediaries that were attached to more than one principal intermediary, the number of subsidiary intermediaries was larger than the total of subsidiary intermediaries by frontline regulator.