Hong Kong Stock Concept Tracking | A-share financing market is strong revival, leveraged funds are accelerating into the market (with concept stocks)

After the Chinese New Year in 2025, the A-share market welcomed a "redemption", and the leverage of funds became significantly active. Data shows that in the three trading days after the holiday (February 5th to 7th), the margin financing balance rose for three consecutive days, reaching the 1.8 trillion yuan mark on February 7th, with a single-day margin financing buy-in amount exceeding 200 billion yuan. Data shows that from February 5th to 7th, 2025, the A-share margin financing balance rose for three consecutive trading days, reaching 1784.83 billion yuan, 1799.10 billion yuan, and returning to the 1.8 trillion mark on February 7th at 18,100.61 billion yuan. The margin financing balance growth rate was also considerable, with three-day sequential growth rates of 1.12%, 0.83%, and 0.61%. Meanwhile, the margin financing buy-in amount also rose sharply, with 1312.04 billion yuan on February 5th, a sequential growth rate of 37.47%; 1599.11 billion yuan on February 6th, a sequential growth rate of 21.88%; and a single-day buy-in amount exceeding 200 billion yuan on February 7th, reaching 2064.83 billion yuan, with a sequential growth rate of 29.12%. This data not only refreshes the record of margin trading volume in the year but also reflects the rapid recovery of investors' risk appetite. Guotai Junan Securities released a research report stating that insurance funds, as an important source of medium- to long-term funds, are expected to bring incremental funds to the capital market with clear regulatory guidance and continued policy implementation. It is recommended to increase holdings of securities firms, financial information service providers, and pure life insurance companies with greater flexibility on the equity investment side. CMSC published a research report stating that the securities sector will benefit from clear regulatory support, ample liquidity, steady and promising performance, and a main line of mergers and acquisitions, leading to a period of valuation recovery and significant potential for valuation recovery. The team firmly believes in the potential of this sector. Relevant Hong Kong stocks in the securities sector: HKEX (00388) Mainland Chinese securities firms: CMSC (06099), CITIC SEC (06030), CICC (03908), Shenwan Hongyuan Group (06806), China Securities Co., Ltd. (06066), etc. Local Hong Kong securities firms: Guotai Junan International (01788), Shenwan Hongyuan Group Hong Kong (00218), BRIGHT SMART (01428), etc.