Market Chatter: Chinese Brokerages Shuttering Branches to Remain Competitive

MT NewswiresDec 13 02:06 ET

Hong Kong stocks are fluctuating | China-Affiliated Brokerage stocks are all declining, Guolian (01456) is down nearly 5%, CITIC SEC (06030) is down nearly 4%.

China-Affiliated Brokerage stocks declined across the board. As of the time of writing, Guolian Securities (01456) fell 4.91% to 4.84 HKD; CITIC SEC (06030) dropped 3.87% to 22.35 HKD; GF SEC (01776) decreased 3.51% to 10.98 HKD.

Zhitong FinanceDec 12 21:08 ET

Everbright Securities' (SHSE:601788) 11% CAGR Outpaced the Company's Earnings Growth Over the Same Five-year Period

Simply Wall StDec 12 01:01 ET

Market Chatter: Former China Everbright's Chairman Sentenced to 12 Years in Jail Over Corruption

MT NewswiresDec 10 23:29 ET

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.

Zhitong FinanceDec 10 20:06 ET

Express News | China Everbright Group Former Chairman Tang Shuangning Sentenced to 12 Years in Prison Over Corruption, Bribery - State Media

ReutersDec 10 04:03 ET