Brokerage stocks continued to soar today, as of the time of publication, Cisi Fin (06058) rose by 52.17% to 0.35 Hong Kong dollars; China Galaxy (06881) rose by 24.71% to 7.47 Hong Kong dollars; Citic Sec (06030) rose by 19.99% to 20.35 Hong Kong dollars.
According to the Securities Times app, brokerage stocks continued to soar today, with Cisi Fin (06058) rising by 52.17% to 0.35 Hong Kong dollars; China Galaxy (06881) rising by 24.71% to 7.47 Hong Kong dollars; Citic Sec (06030) rising by 19.99% to 20.35 Hong Kong dollars; Guolian (01456) rising by 19.71% to 4.19 Hong Kong dollars.
On the news front, the China Securities Regulatory Commission and other relevant departments have formulated the "Guiding Opinions on Promoting the Entry of Medium and Long-term Funds into the Market", with core contents including: vigorously developing equity public fund products, continuously increasing the scale and proportion of equity funds; implementing classification policies to break through barriers that impede the entry of various types of medium and long-term funds into the market. In addition, the CSRC has stated that it will ensure the effective implementation of the newly issued "Six Measures for Mergers and Acquisitions", expedite the introduction of guidelines for market capitalization management of listed companies, actively cooperate to promote the implementation of currency policy tools such as securities funds, insurance companies exchanging convenience, and share buyback increases special re-lending.
Furthermore, as market sentiment warms up, there has been a significant increase in clients' willingness to open accounts, with a sharp increase in the daily number of account openings, leading to online account opening queues. At the same time, the dormant clients have shown significantly increased activity compared to earlier this month, with strong intentions from individual and institutional clients to enter the market. Opensource Securities believes that the combination of stable growth and market support policies exceeds expectations, and the market volume is expected to continue to expand, coupled with a low base. The bank anticipates a significant improvement in the year-on-year performance of listed brokerages in the second half of the year.