NANHUA FUTURES (02691) shares have surged over 7% in today's trading, extending gains to nearly 30% since July 14. As of the latest update, the stock is up 6.7% to HKD 7.565, with turnover reaching HKD 13.1653 million.
In terms of news flow, the company previously issued a profit alert, forecasting net profit attributable to shareholders between RMB 375 million and RMB 405 million, representing a year-on-year increase of 62.16% to 75.13%. It is understood that NANHUA FUTURES' overseas financial services business has made a significant contribution to its overall performance. Recently, its wholly-owned overseas subsidiary received notification from the London Stock Exchange (LSE) that it has been approved as a non-trading member.
GTJA Haitan Securities noted that NANHUA FUTURES' robust earnings growth demonstrates operational flexibility, with client equity expansion being the core driver of profit release this period. Additionally, the company recently announced the restart of its convertible bond issuance, gradually clarifying its capital replenishment path and potentially opening up growth ceilings for both its domestic and international operations.