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Shares | Ratings | Target prices (HK$)CITIC SEC(06030.HK) | Overweight | 19 -> 27HTSC(06886.HK) | Overweight | 12 -> 19HAITONG SEC(06837.HK) | Overweight | 3.9 -> 7.6GTJA(02611.HK) | Overweight | 10 -> 14SWHY(06806.HK) | Overweight | 1.7 -> 3GF SEC(01776.HK) | Overweight | 10 -> 16CMSC(06099.HK) | Overweight | ...
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There are 110 brokers in China this year, with the top 10 brokers accounting for 73%/ 68%/ 66% of the industry's operating profit/ net profit/ total assets for 2023, BofA Securities issued a research report saying. The remaining 90+ small and medium-sized brokers shrank their room for organic growth. However, mergers and acq...
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Based on the 3Q24 results of the five Chinese brokers under tracking, Goldman Sachs raised its forecasts for core revenue and earnings for 2025 by 6% and 5% respectively, expecting trading volumes to ascend. The broker cut the target price of CICC (03908.HK) from $15.86 to $14.68, with a Buy rating; and added the target prices o...
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The Securities and Futures Commission of Hong Kong (SFC) announced 14 licensed corporations (LCs) are eligible to participate in the Cross-boundary Wealth Management Connect Pilot Scheme (WMC) in the Guangdong-Hong Kong-Macao Greater Bay Area (GBA).The 14 LCs are China Galaxy International Securities (Hong Kong), China Industria...
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The first batch of broker trials for the Cross-Boundary Wealth Management Connect (WMC) 2.0 is about to commence with expected participation from 14 brokers, primarily those registered in the Greater Bay Area, Chinese media reported.The report cited sources as saying that the initial trial list has undergone several adjustments ...
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