On July 9, GF Securities (01776.HK) rose 3.11% in regular trading, trading at 17.09 HKD/share, with turnover of 67.45 million HKD.
On the news front, GF Securities disclosed a preliminary earnings estimate indicating its first-half net profit is expected to increase approximately 264.62% year-over-year. The strong performance forecast reflects the broader brokerage sector's earnings momentum, driven by active secondary market trading volumes, IPO market recovery, and favorable investment income from the tech rally in H1. Industry research had previously noted that Q2 market activity further improved quarter-over-quarter, with broker earnings expected to exceed expectations.
Within the Investment Banking and Brokerage sector, CMSC rose 6.18%, CAM CSI300 rose 2.24%, GOFINTECH QUANT rose 2.14%, CICC rose 1.19%, and CITIC SEC rose 1.02%.
(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.)