Chinese brokerage sector rebounded in the afternoon, with some individual stocks reversing their declines. Everbright Securities (06178) rose by 1.54%.

King Wu Financial News | After a short-term pullback in Chinese brokerage sector in the afternoon, some stocks reversed their losses. Everbright (06178) rose 1.54%, GTJA (02611) rose 1.37%, Haitong Sec (06837) rose 1.3%, csc (06066) rose 1.12%, and citic sec (06030) rose 0.88%. In terms of news, GTJA and Haitong Sec jointly announced that the State Administration for Market Regulation has decided not to carry out further reviews of the proposed merger concerning operator concentration antitrust examination, and all necessary antitrust filings regarding the proposed merger submitted have been approved.

Golden Guard Financial News00:37 ET

Everbright Securities (06178) will distribute a mid-term dividend of 0.905 yuan for every 10 shares on January 17, 2025.

Everbright Securities (06178) announced that the company will issue a notice on January 17, 2025 (Friday) for the year 2024...

Zhitong FinanceNov 19 06:26 ET

EB SECURITIES: ANNOUNCEMENTPOLL RESULTS OF THE 2024 FIRST EXTRAORDINARY GENERALMEETING AND DISTRIBUTION OF INTERIM DIVIDEND FOR 2024

HKEXNov 19 06:18 ET · Announcements

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?

cls.cnNov 19 03:34 ET

Everbright: Maintaining a 'buy' rating on Geely Autos, with the target price raised to HK$18.08.

Everbright Securities released a research report stating that it maintains a "buy" rating for Geely Autos (00175). Given the support from policies and the expectation that the launch of multiple high-quality and cost-effective models will drive sales growth, the forecasts for the net income attributable to the parent company for 2024E-2026E have been revised upward by 3.8%/23.7%/26.2% to RMB 16.31/12.61/15.93 billion, and the target price has been raised to HKD 18.08. The firm is bullish on the medium to long-term transformation prospects of the company's electric vehicles across various brands. Key points from Everbright Securities are as follows: Significant improvement in 3Q24 performance both year-on-year and quarter-on-quarter: The total revenue of the company in the first three quarters of 2024 increased compared to last year.

Sina Hong Kong StockNov 18 00:51 ET

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.

Zhitong FinanceNov 13 19:40 ET