With 425 companies undergoing IPO review in the A-share market, Guolian Minsheng has broken into the top four. What strategic moves will determine the reshuffling of rankings?

1. Among the 425 companies currently under review, 224 are being reviewed by the Beijing Stock Exchange (BSE), making it the largest reserve pool for A-share IPOs; 2. Following the merger between Guolian Securities and Minsheng Securities, the combined entity has 24 companies under review, ranking fourth in the sponsorship industry; 3. New filings in 2026 account for 57% of the total, with Jiangsu, Guangdong, and Zhejiang provinces collectively representing nearly half of the projects under review.

cls.cn20:32

Guolian Minsheng (01456.HK) saw its stake reduced by E Fund by 1.014 million shares

Gelong Hui, August 17 | According to the latest disclosure of interests filed with the Stock Exchange of Hong Kong, on August 11, 2026, E Fund Management Co., Ltd. reduced its holding in Guolian Minsheng (01456.HK) by 1.014 million shares through on-market transactions at an average price of HK$3.9258 per share, involving approximately HK$3.981 million. Following the reduction, E Fund Management Co., Ltd.'s latest shareholding stands at 38.9375 million shares, with its stake decreasing from 9.03% to 8.80%.

Gelonghui Finance19:07

國聯民生：董事會會議通知

HKEX16:48 · Announcements

The Inflation Profile of AI Fertile Ground

Is AI ultimately driving inflation or deflation?

Chuan Yue Global MacroAug 13 17:51

Hong Kong Stock Market Moves | Chinese Brokerage Stocks Rise Broadly, Led by GF Securities; Earnings Pre-Announcement and Share Buyback Wave Provide Boost

Gelonghui, August 13 | Chinese brokerage stocks listed in Hong Kong generally rose, with GF Securities leading the gains with a 2.4% increase. Zhongzhou Securities rose 2%, while CSC Financial and Orient Securities each gained 1.5%. Huatai Securities, CICC, CITIC Securities, Everbright Securities, Guotai Junan, Haitong Securities, Guolian Securities, and Minsheng Securities all rose more than 1%. On the news front, the brokerage sector was the first to deliver impressive results; by the end of July, 17 listed brokerages had released their 2026 semi-annual earnings forecasts, all projecting growth, signaling a clear direction for industry recovery. As the leading stock in this rally, GF Securities' semi-annual report data also exceeded market expectations, attracting institutional interest.

Gelonghui FinanceAug 13 10:11

Frequent stake increases and share buybacks signal a revaluation of the brokerage sector.

Luo Huizhou, a non-banking sector analyst at Huaxi Securities, stated that active equity funds remain significantly underweight in the non-banking sector. With continued vitality in the capital market, deepening reforms, the entry of medium- to long-term capital, and increased household allocation to equities, he remains bullish on the configuration value of the non-bank financial sector, given its beta characteristics.

Zhitong FinanceAug 13 06:56