Jinwu Financial News | Chinese brokerage stocks rose by 3.01%, China Merchants Securities (06099) rose 2.57%, Shenwan Hongyuan (06806) rose 2.42%, China Galaxy (06881) rose 2.22%, CITIC Construction Investment Securities (06066) rose 1.9%, CITIC Securities (06030) rose 1.57%, and Cathay Pacific Junan (02611), Haitong Securities (06837), etc.
CITIC Construction Investment said that since 2024, the business environment facing the securities industry has undergone major changes. In the past, the development model that focused on asset size and human capital faced growth bottlenecks. The transformation and reform of brokerage business is no longer a conceptual “yes” or “no” choice, but rather how to implement and advance. All business lines seem to be trying to move from scale to value creation, brokerage business from point to point customer reach to platform-based model innovation, investment banking business from enterprise value discovery to creating more value for enterprises, etc. Many transformation paths are in full bloom, and the securities industry is moving from scale to a stage of high-quality development.