Recently, China Great Wall Management Co., Ltd. won shares worth about 300 million yuan from Caitong Securities as the sole bidder. Comparing a simple estimate with the latest closing price, bidding for this stock at the starting price has already brought 7.29% profit to the Great Wall of China. It is worth mentioning that China Great Wall is also the controlling shareholder holding 67% of Great Wall Guorui Securities. However, considering that Great Wall Guorui Securities has been incorporated into Huijin's unified management and has become one of the possible integration targets of Huijin brokerage firms in the future, and that the overall valuation of the A-share securities industry is currently low, China's bid for CaiTong Securities shares may only be due to financial investment considerations.

Recently, China Great Wall Management Co., Ltd. won shares worth about 300 million yuan from Caitong Securities as the sole bidder. Comparing a simple estimate with the latest closing price, bidding for this stock at the starting price has already brought 7.29% profit to the Great Wall of China. It is worth mentioning that China Great Wall is also the controlling shareholder holding 67% of Great Wall Guorui Securities. However, considering that Great Wall Guorui Securities has been incorporated into Huijin's unified management and has become one of the possible integration targets of Huijin brokerage firms in the future, and that the overall valuation of the A-share securities industry is currently low, China's bid for CaiTong Securities shares may only be due to financial investment considerations.