Express News | Chinese brokerage stocks surged in the Hong Kong market, with SWHYhk climbing 18% and ZHONGTAIFUTURES jumping 14%.

Moomoo 24/7Oct 30 22:56 ET

CICC has taken action! What impact does SFISF have on the brokerage? What will investors buy when entering the market?

JPMorgan analysis shows that SFISF is both beneficial and detrimental to brokerages. On one hand, the cost of swaps and repurchases may increase profit/accounting value volatility, while on the other hand, if positive returns can be generated, it will increase share capital roi. In addition, most brokerages will use SFISF more for market-making or investing in large cap high dividend stocks.

wallstreetcnOct 22 02:56 ET

Express News | Chinese brokerage stocks surge, with swhy shares climbing 15% and china merchants jumping 14%.

Moomoo 24/7Oct 18 01:42 ET

The central bank has officially launched the Interbank Convenience Swap Facility (SFISF) operation from today: Currently, 20 securities and fund companies have been approved to participate, and the initial application quota has exceeded 200 billion yuan.

①As of now, 20 securities and fund companies have been approved to participate in the convenient swap operation, with the first batch of application quotas already exceeding 200 billion yuan. ②This tool helps institutional investors better leverage the stabilizing role of capital markets, alleviating the negative feedback loop of "stock market decline-investor redemption-sell stocks-stocks further decline".

cls.cnOct 17 22:43 ET

china international capital corporation 'trips up' the brokerage sector, leading stocks face an embarrassing start to the bull market.

After a continuous sharp rise, differentiation begins.

wallstreetcnOct 14 12:07 ET

Express News | Guotai Junan shares soar 106.17% and Haitong Securities shares rise 134.35% following the announcement of the merger.

Moomoo 24/7Oct 9 21:29 ET