Express News | The stock ETF market attracted over RMB 110 billion in September.
Donghai Securities: The long-term logic of an active capital market remains unchanged; focus on opportunities for allocation in large securities firms with strong capital and stable business operations.
The new "National Nine Articles" top-level design guidelines for the capital market clarify the effectiveness and direction of cultivating first-class investment banks. The long-term logic of activating the capital market remains unchanged. It is recommended to focus on the main logical lines including mergers and acquisitions, the transformation of wealth management, the expansion of innovative licenses, and the improvement of ROE. In terms of individual stocks, attention is advised on large brokerages with strong capital strength and stable business operations for potential allocation opportunities.