On May 21, China International Capital Corporation (CICC) rose 3.46% in regular trading, trading at HK$20.76 per share, with trading volume of HK$62.38 million.

On the news front, CICC published a share swap absorption merger plan on May 18, proposing to issue approximately 3.104 billion A-shares to absorb Dongxing Securities and Cinda Securities in a three-way consolidation valued at RMB 113.9 billion. Post-merger revenue is expected to exceed RMB 37 billion, propelling the combined entity to the industry top three. The H-share price had declined 3.45% on May 19 as the market digested restructuring details and share dilution expectations, making today a recovery rebound.

Additionally, BlackRock increased its CICC H-share holdings on May 13, raising its stake from 5.35% to 6.03%, sending a positive signal from the global asset management giant. Within the Investment Banking and Brokerage sector, CMSC rose 6.27%, Guotai Junan rose 3.98%, CITIC Securities rose 3.66%, DFZQ rose 4.38%, and CGS rose 3.15%.

(The above content is based on publicly available market information, generated by a program or algorithm, and is intended solely as a stock movement alert. It does not constitute investment advice or a basis for trading decisions.)