ZHONGTAIFUTURES (01461.HK) will hold a Board of Directors meeting on March 20 to approve the annual performance.
Gelonghui March 10丨ZHONGTAIFUTURES (01461.HK) announced that the Board of Directors meeting will be held on March 20, 2025, to review and approve (including) the annual performance of the company and its subsidiaries for the year ending December 31, 2024, and its release, as well as to consider the distribution of a final dividend (if any).
ZHONGTAIFUTURES: NOTICE OF BOARD MEETING
Hong Kong Stock Exchange (00388): As of the end of February 2025, the total market value of the Hong Kong securities market is 39.1 trillion Hong Kong dollars, an increase of 30% year-on-year.
The market capitalization of the Hong Kong securities market was 39.1 trillion Hong Kong dollars at the end of February 2025, an increase of 10% from 35.4 trillion Hong Kong dollars at the end of the previous month, and a 30% rise from 30.1 trillion Hong Kong dollars in the same period last year.
ZHONGTAIFUTURES (01461.HK) profit warning: expected net profit to decline by approximately 95% year-on-year in 2024.
On February 28, it was announced by ZHONGTAIFUTURES (01461.HK) that the Group expects the Net income attributable to Shareholders for the year ending December 31, 2024, to decrease by approximately 95% compared to the same period in 2023. The Board of Directors believes the reason for the performance reduction is due to significant fluctuations in the domestic A-share market in China in 2024, causing substantial losses in the equity Options business of the subsidiary, ZHONGTAIHUIRONG Capital Investment Co., Ltd., resulting in a decline in the Group's operating performance compared to the same period in 2023, while Other businesses of the Group have developed well and are operating normally. In 2025, the company will further focus on its primary responsibilities and continue to implement 'strong talent'.
Express News | Zhongtai Futures - Expected Result Due to Significant Fluctuations in Domestic a-Share Market in China in 2024, Others
Express News | Zhongtai Futures Co Ltd Sees to Record a Decrease of 95% in Net Profit Attributable to Shareholders for Year
ZHONGTAIFUTURES: PROFIT WARNING
Zhongtai Futures Renews Services Procurement Agreements With Securities Firm
ZHONGTAIFUTURES (01461) nominates Zhou Shunyuan as a candidate for non-employee representative Director.
ZHONGTAIFUTURES (01461) announced that the Board of Directors approved the election of Mr. Zhou Shunyan on February 7, 2025...
Hong Kong stock Concept Tracking | The Hang Seng TECH Index enters a "technical bull market" with the Brokerage Sector gradually gaining momentum (including Concept stocks).
The Hang Seng TECH Index rose by 2.8% at midday, up more than 20% from the January low.
Sinolink: With the dual benefit of policy bullish and warming funds, the Brokerage sector is expected to see an increase in both valuation and performance.
Sinolink released a Research Report stating that looking ahead to 2025, liquidity is expected to further ease, enhancing market stability and building a solid market bottom. The improvement in economic fundamentals is confirmed, and the stock market is likely to rise further, which is Bullish for the valuation and performance of the Brokerage Sector.
Hong Kong stocks fluctuate | China-affiliated brokerage stocks rise broadly in early trading. Key meetings further clarify the stability of the stock market, with bullish trends in both stocks and bonds benefiting the brokerage sector.
China-affiliated brokerage stocks rose broadly in the morning session. As of the time of writing, gf sec (01776) rose 4.31%, trading at 12.1 HKD; swhy (03678) rose 3.8%, trading at 3.28 HKD; htsc (06886) rose 2.92%, trading at 14.8 HKD; china merchants (06099) rose 1.67%, trading at 18.28 HKD.
Zhongtaifutures (01461.HK) has appointed Wu Xiuwai as the co-company secretary.
Glonghui reported on December 9 that zhongtaifutures (01461.HK) announced that Mr. Wei Weifeng resigned as co-secretary of the company and legal process agent, effective from December 10, 2024. The board of directors is pleased to further announce that Ms. Wu Xiuwai has been appointed as co-secretary of the company and legal process agent, effective from December 10, 2024.
zhongtaifutures (01461): Liu Qingbin resigns as executive director, general manager and other positions.
zhongtaifutures (01461) announced that Mr. Liu Qingbin has resigned from his position due to a desire to spend more time on family and personal matters.
Express News | Zhongtai Futures Co Ltd - Liu Qingbin Tendered His Resignation as an Executive Director
The three major Hong Kong stock indexes continued to show a volatile trend, with the lithium battery and golden industrial concept sectors performing prominently.
① Why have international gold prices strengthened? ② What news has stimulated the strength of consumer electronics stocks? ③ Has the short sell ratio in the Hong Kong stock market shown a decline?
Citic Securities: Policy reform shapes fundamental expectations, opening up long-term incremental development space for brokerages.
citic sec released research reports stating that in the current environment of improving liquidity and shifting policies, the securities sector is expected to achieve significant improvements in both quarter-on-quarter and year-on-year fundamentals by leveraging high trading volume, large margin size, and low performance base.
Hong Kong stock market anomaly | China-affiliated brokerage stocks see larger afternoon decline, CSC (06066) drops by nearly 6%, Citic Securities (06030) falls by over 3%.
China-affiliated brokerages saw their afternoon losses widen. As of the time of writing, CSC (06066) fell by 5.9%, closing at 10.84 Hong Kong dollars; HTSC (06886) fell by 5.53%, closing at 14.34 Hong Kong dollars; GF Sec (01776) fell by 4.42%, closing at 12.1 Hong Kong dollars; Citic Sec (06030) fell by 3.08%, closing at 23.6 Hong Kong dollars.
Hong Kong stock concept tracking|A-share volume remains active, benefiting from continuous increase in brokerage sector trading volume (with concept stocks)
On November 11th, the trading volume of the Shanghai and Shenzhen stock markets has exceeded 2 trillion for the 5th consecutive day.
Pan Gongsheng: steadily promoting the opening up of the financial services industry and financial market systems, expanding the interconnection of domestic and foreign financial markets.
①The fundamentals of the Chinese economy, the broad market, strong economic resilience, and great potential have not changed; ② Continue to adhere to the supportive mmf policy, strengthen communication with the market, and constantly improve the quality and effectiveness of financial services.