China-Affiliated Brokerage stocks decline across the board. As of the time of writing, Guolian (01456) fell by 4.91%, reported at 4.84 Hong Kong dollars; CITIC SEC (06030) fell by 3.87%, reported at 22.35 Hong Kong dollars; GF SEC (01776) fell by 3.51%, reported at 10.98 Hong Kong dollars.
According to Zhitong Financial APP, China-Affiliated Brokerage stocks decline across the board. As of the time of writing, Guolian (01456) fell by 4.91%, reported at 4.84 Hong Kong dollars; CITIC SEC (06030) fell by 3.87%, reported at 22.35 Hong Kong dollars; GF SEC (01776) fell by 3.51%, reported at 10.98 Hong Kong dollars; Everbright (06178) fell by 3.23%, reported at 8.39 Hong Kong dollars; China Merchants (06099) fell by 3.11%, reported at 16.22 Hong Kong dollars.
On the news front, China Great Wall Securities pointed out that the market is affected by fluctuations in Exchange Rates, variations in expectations of interest rate cuts in the USA, and the flow of northbound capital, leading to increased market volatility and some adjustment in the Brokerage Sector. There should be active positioning for the year-end market. Domestic and international events will face significant intersections, and the market is entering an important observation period. CITIC Lyon previously anticipated that with favorable liquidity, growth in ETFs, and the structural shift of household balance sheets towards financial assets, the A-share Volume will remain robust in 2025, but the institution reminds investors to be aware of the recent risk of excessive volatility in Listed in Hong Kong brokerages.
