China-affiliated brokerage stocks suddenly rose, as of the deadline, holly futures rose by 9.87%, to 1.67 Hong Kong dollars; citic sec rose by 5.45%, to 12.76 Hong Kong dollars; csc rose by 4.8%, to 5.68 Hong Kong dollars; China galaxy rose by 4.67% to 4.48 Hong Kong dollars.
China-affiliated brokerage stocks surged suddenly, as of the time of publication, $HOLLY FUTURES (03678.HK)$ up 9.87%, at 1.67 Hong Kong dollars; $CITIC SEC (06030.HK)$ up 5.45%, at 12.76 Hong Kong dollars; $CSC (06066.HK)$ up 4.8%, at 5.68 Hong Kong dollars; $CGS (06881.HK)$ Rising by 4.67% to 4.48 Hong Kong dollars.
On the news front, the central bank announced the establishment of convenient swaps between securities, funds, and insurance companies, supporting eligible securities, funds, and insurance companies to obtain liquidity from the central bank through asset pledge. People's Bank of China Governor Pan Gongsheng stated that the initial scale of the securities, funds, and insurance companies' swaps facility is 500 billion, and the funds obtained can only be used for stock market investment.
Editor/Rocky