Changes in Hong Kong stocks | Nanhua Futures (02691) rose more than 10% in the afternoon, H shares raised more than 10% to increase overseas business companies' overseas business contributions to nearly half of revenue

The Zhitong Finance App learned that Nanhua Futures shares (02691) rose more than 10% in the afternoon. As of press release, it had risen 7.85% to HK$10.17, with a turnover of HK$17.3672 million.

According to news, on December 22, Nanhua Futures was officially listed on the main board of the Hong Kong Stock Exchange, successfully building an “A+H” dual capital platform and opening a new chapter in global development. The net capital raised by the company's H share listing will focus on overseas business. It is expected that the net capital raised will be accurately used to strengthen the capital base of the core region. Among them, 30% increased the Hong Kong business and expanded the Malaysian business, 30% invested in the UK and European markets, 20% expanded the North American business, 10% expanded the Singapore business, and the remaining 10% was used for general corporate purposes and supplementary working capital.

According to Huaxi Securities, the overseas business of Nanhua Futures is its core competitiveness. In 2024, the revenue from the overseas financial business reached 654 million yuan, an increase of 15.3% over the previous year, accounting for 48.3% of total revenue, which is significantly higher than that of its peers. Henghua International and its subsidiaries have derivatives trading and clearing licenses in mainstream markets such as Hong Kong, China, the United States, the United Kingdom, and Singapore, achieving full coverage of the world's major futures trading periods.