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Hong Kong stock market anomaly | China-affiliated brokerage stocks further extended losses, with china merchants (06099) falling by more than 7% and csc (06066) falling by more than 5%.
China-affiliated brokerage stocks further expanded their decline, as of the time of writing, China Merchants (06099) fell by 7.1%, closing at 14.14 Hong Kong dollars; CSC (06066) fell by 5.25%, closing at 10.1 Hong Kong dollars; Citic Sec (06030) fell by 5.21%, closing at 21.85 Hong Kong dollars.
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.
Hong Kong stock abnormality | China-affiliated brokerage stocks fell across the board in the morning, with multiple brokerages lowering the deposit interest rates of margin accounts. Institutions say the market is expected to return to calm.
China-affiliated brokerages fell across the board in the morning session. As of the time of publication, CITIC Securities (06030) fell by 4.36% to HK$24.15; CSC (06066) fell by 4.07% to HK$11.32; China Merchants (06099) fell by 3.51% to HK$12.64; Haitong Sec (06837) fell by 3% to HK$7.12.
China Merchants Securities (06099) appoints Liu Bo as Vice President of the company.
China Merchants Securities (06099) issued an announcement, and the company's board of directors approved the appointment of Mr. Liu Bo as the company's deputy...