HK stocks are on the move | China-affiliated brokerage stocks continue to rise, with the top-level design of digital finance unveiled. A new round of policy deployment may significantly boost market confidence.

China-affiliated brokerage stocks continue to rise. As of the time of writing, China Merchants Securities (06099) is up 3.23%, at 15.32 HKD; swhy (06806) is up 2.05%, at 2.49 HKD; china international capital corporation (03908) is up 1.62%, at 13.76 HKD; citic sec (06030) is up 1.36%, at 22.35 HKD.

Zhitong FinanceDec 1 21:45 ET

Those Who Invested in China Merchants Securities (SHSE:600999) a Year Ago Are up 39%

Simply Wall StDec 1 19:31 ET

Express News | Hang Seng Index rises 1.06%, with Chinese brokerage stocks leading the advance

Moomoo 24/7Nov 28 22:39 ET

China Merchants: Maintains a "shareholding" rating on China Edu Group, with the target price lowered to 4.9 Hong Kong dollars.

China Merchants Securities released a research report stating that it maintains a "shareholding" rating for China Edu Group (00839), while reducing the core net income forecast for the fiscal years 2025 to 2026 by 7 to 8% to reflect the company's slow growth, deleveraging, and higher taxes and fees. The target price was lowered from 7.8 HKD to 4.9 HKD. The company's core business remains stable, with 2024 fiscal year revenue of 6.6 billion yuan (RMB), a year-on-year increase of 17%, meeting expectations. The gross margin is 55%, and the adjusted net income is 2 billion yuan, a year-on-year increase of 3%, meeting expectations. The adjusted net income margin decreased from last year's 34% to this year's 30%. The report net

Sina Hong Kong stocksNov 27 23:56 ET

Hong Kong stocks are moving | The gains in china-affiliated brokerage stocks expanded further at the close. Brokerage mergers and acquisitions continue to heat up, and fourth-quarter brokerage performance is expected to see significant growth.

The gains of china-affiliated brokerage stocks further expanded towards the end of trading. As of the time of writing, china merchants (06099) is up 7.3%, trading at 14.4 HKD; everbright (06178) is up 5.39%, trading at 8.02 HKD; csc (06066) is up 4.86%, trading at 10.36 HKD; china international capital corporation (03908) is up 4.92%, trading at 13.64 HKD.

Zhitong FinanceNov 27 02:24 ET

gf sec has completed the issuance of 4.5 billion yuan of short-term csi enterprise bonds.

GF Sec (01776) has announced that the company’s public issuance of short-term csi enterprise bonds with a nominal balance not exceeding 20 billion yuan has been registered by the China Securities Regulatory Commission under document number [2023] 2404. According to the announcement for the public issuance of short-term csi enterprise bonds (the seventh phase) by GF Sec Co., Ltd. in 2024 aimed at professional investors, the planned issuance scale is not more than 4.5 billion yuan (inclusive), with an issuance price of 100 yuan per bond.

Sina Hong Kong stocksNov 21 19:23 ET