Shares of Chinese securities firms led the market gains, as their STAR Market investment businesses entered a period of concentrated realization, driving strong year-over-year earnings growth for the industry in the first half of the year.

Shares of Chinese-funded brokerages led the gains. As of the time of writing, Guolian Minsheng (01456) rose 3.27% to HK$4.11; China Securities (06066) gained 3.16% to HK$12.09; CITIC Securities (06030) climbed 3% to HK$28.14; and China Galaxy (06881) advanced 2.12% to HK$7.69.

Zhitong FinanceJul 21 09:58

《New Stock》Zhongji Xuchuang (300308.SZ) has begun gauging investor interest in its Hong Kong IPO and could open for investor subscriptions as early as this week.

Bloomberg reported that optical module giant InnoLight Technology (300308.SZ) held an analyst meeting with investors on Monday (the 20th) to gauge investor interest in its Hong Kong listing, with bookbuilding potentially commencing as early as this week. The company’s Hong Kong IPO could raise up to USD 8 billion, which would make it the largest IPO in Hong Kong since Alibaba-W (09988.HK) listed in 2019. According to filings, Goldman Sachs, CICC, Morgan Stanley, GF Securities, Haitong International Securities, Citi, HSBC, and China Galaxy Securities are participating in the offering.

AASTOCKSJul 20 11:44

China Galaxy Securities Co., Ltd. (601881.SH): Received approval from the China Securities Regulatory Commission for a public offering of corporate bonds to professional investors.

Gelonghui, July 17 — China Galaxy Securities Co., Ltd. (SHA: 601881) announced that the company recently received the “Reply on Approving the Registration of Public Offering of Corporate Bonds to Professional Investors by China Galaxy Securities Company Limited” (CSRC Permission [2026] No. 1680) issued by the China Securities Regulatory Commission (hereinafter referred to as “CSRC”). According to this reply, the CSRC has approved the company’s registration application for a public offering of corporate bonds with a total face value of no more than RMB 50 billion to professional investors. The approval is valid for 24 months from the date of registration, during which the company may issue the corporate bonds in tranches.

Gelonghui FinanceJul 17 16:37

Hong Kong Market Close: Hang Seng Index Rises 1.4% to Hit New Rebound High, Biopharmaceutical Sector Surges

Southbound funds recorded a net purchase of HK$13.364 billion.

Gelonghui FinanceJul 15 16:34

China Galaxy Securities Redeems Principal, Interest on Two Bond Issuances

MT NewswiresJul 10 11:49

Hong Kong Stock Market Concept Tracker | Multiple Brokerages Report Strong H1 Earnings; Chinese Brokerages May See Valuation Rebound (Including Related Stocks)

CITIC Securities: Focus on high-quality mid-sized brokerages with distinctive industry resources and leading brokerages with strong investment banking capabilities.

Zhitong FinanceJul 10 08:28