HTSC (06886.HK): Yin Lihong has resigned as Director.

On March 14, Gelonghui reported that HTSC (06886.HK) announced that on March 14, 2025, the Board of Directors received a written resignation letter from Ms. Yin Lihong, the company's executive director. Due to work relocation, Ms. Yin Lihong has requested to resign from her position as an executive director of the sixth Board of Directors and as a member of the Board of Directors Nomination Committee. Ms. Yin Lihong's resignation will take effect from the date her resignation letter is delivered to the Board of Directors.

Gelonghui FinanceMar 14 08:26 ET

[Brokerage Focus] CITIC SEC: Coordinating market investment and financing reforms, gradually moving towards the new normal of IPOs.

Jingwu Financial News | CITIC SEC stated that the normalization of IPOs is not only a reform direction that aligns with the balance of investment and financing but also an essential role of the Capital Markets in serving the real economy. The long-term returns of the Stocks market cannot rely solely on abundant liquidity; introducing high-quality growth companies through IPOs is the foundation for the market's long-term stability. Given the ample liquidity levels in the A-share market in the past five months, under the condition of no relaxation of listing standards, a moderate increase in IPO supply will not burden the market. The firm expects that with the active drive of IPOs in the mainland and Hong Kong markets, the Huaan CSI All Share Investment Banking & industry is likely to benefit from its light-asset investment banking Business and high ROE business characteristics.

Jinwu Financial NewsMar 2 19:39 ET

【Brokerage Focus】GTJA: The Brokerage Sector is expected to see a double increase in profitability and valuation.

Jinwu Financial News | GTJA indicates that the recovery and improvement of the Capital Markets, combined with a low base, is expected to lead to better-than-expected fundamental improvements. In 2025, the new 'Nine Policies' will serve as the core of the '1+N' policy framework, entering a period of implementation overall, with a clear policy framework for medium- and long-term funds entering the market. More incremental policies are expected to be continuously introduced, leading to a sustained recovery and improvement in the Capital Markets, which is bullish for the fundamental and valuation repair of the Brokerage Sector. In the first quarter of 2024, extreme market volatility impacted the profitability of the Brokerage's investment business, leading to pressure on the Sector's earnings. From the current point of view, the recovery and improvement of the Capital Markets are expected to drive growth in retail and institutional business for Brokerages, bringing positive outcomes.

Jinwu Financial NewsFeb 27 20:08 ET

Express News | Exclusive-CICC , Galaxy Merger to Take Place via Share Swap, Announcement Expected in Coming Weeks, Say Sources

ReutersFeb 26 01:25 ET

Express News | Exclusive-China's CICC Is Set to Merge With Galaxy Securities to Create Third-Largest Brokerage, Say Sources

ReutersFeb 26 01:25 ET

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.

Zhitong FinanceFeb 7 00:46 ET