On June 25, CSC Financial rose 3.49% in regular trading, trading at 12.41 HKD/share, with turnover of 74.70 million HKD.
On the news front, brokerage stocks had pulled back broadly the previous session after regulators directed firms to suspend new stock-type cross-border TRS (Total Return Swap) positions. However, the sector quickly stabilized as industry estimates suggest this business accounts for only 0.5% to 0.8% of overall listed broker revenue, indicating limited fundamental impact. Existing positions may expire or be unwound normally without forced liquidation.
Institutional research notes that the securities sector is currently at a convergence window of high earnings growth, low valuations, and accelerating industry trends. Leading brokerages are trading at approximately 1.2x PB, near historical lows, with ample valuation repair momentum. Among peers, CITIC Securities rose 2.19%, CICC gained 0.68%, and China Galaxy Securities advanced 0.67%.
(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.)