Changes in Hong Kong stocks | Chinese brokerage stocks had the highest gains, and the science and innovation investment business entered a period of concentrated cashing, and the industry's performance increased in the first half of the year

The Zhitong Finance App learned that Chinese brokerage stocks had the highest gains. As of press release, China League Minsheng (01456) rose 3.27% to HK$4.11; CITIC Construction Investment Securities (06066) rose 3.16% to HK$12.09; CITIC Securities (06030) rose 3% to HK$28.14; and China Galaxy (06881) rose 2.12% to HK$7.69.

According to the news, the brokers' science and innovation investment business has entered a centralized cashing period, driving a high increase in the industry's performance in the first half of the year. According to a report from brokerage China, as of July 19, 17 listed brokerage firms had announced pre-performance increases. Of these, 5 brokers' net profit for the first half of the year increased by more than 100% compared to the same period last year. Five other brokers' unaudited financial statements for the first half of the year were disclosed. Of these, 1 brokerage firm turned a loss into a profit, and 2 brokers' net profit growth in the first half of the year also doubled.

Sun Ting's team, a non-bank analyst at Dongwu Securities, said that considering active market trading since the beginning of the year, the average daily share base transaction volume was nearly 3.3 trillion yuan, nearly doubling year on year; the balance of two loans was nearly 3 trillion yuan; the direct investment and follow-up investment business benefited from the successive listings of science and innovation IPOs, and the annual performance forecast was also raised: based on neutral assumptions, the industry's net profit is expected to increase 36% year on year in 2026.