Hong Kong Securities and Brokerage Stocks Soar, with Guotai Junan International Jumping Over 20%
4 day ago / Read about 0 minute
Author:小编   

On July 4, Hong Kong stocks within the securities and brokerage sector experienced a collective surge, with Guotai Junan International and Hongye Futures emerging as the leading gainers. Analysts attributed this upswing to several factors. Firstly, Hong Kong securities firms are intensifying their efforts in virtual asset business, which, combined with the forthcoming performance period, could lead to earnings exceeding market expectations. Secondly, amidst policies aimed at stabilizing the stock market, the investment value of undervalued non-bank heavyweights has become increasingly prominent. This is particularly advantageous for red chips and H-shares, which are benefiting from favorable policies encouraging their return to the A-share market.