HK Stock Market Move | JF SMARTINVEST(09636) rose by more than 5%, benefiting from an active market and accelerated improvement in overseas business layout.

JF SMARTINVEST (09636) has risen by more than 5%, as of the time of writing, it has increased by 4.86% to 64.7 Hong Kong dollars, with a trading volume of 1.16 billion Hong Kong dollars. On the news front, the market has been active recently, with a single-day trading volume reaching a new high of 3.6 trillion yuan. Guotai Junan Securities pointed out that JF SMARTINVEST insists on a dual-drive of "investment research + technology", and attracts customers through "content + traffic". The company's order income is strongly correlated with market trading volume. The bank believes that in a bullish market atmosphere, the company's customer acquisition efficiency and pay conversion rate are expected to improve, performance elasticity will be fully released, and growth is expected to outperform brokerage business income and market trading volume. It is worth mentioning that recently, JF SMARTINVEST announced that it has completed the acquisition of all the equity and core business systems of JFFinancial (formerly known as Yintech Financial). After the acquisition, JF SMARTINVEST will hold all the equity in JFFinancial and its core subsidiary companies, Fangde Securities and Fangde Capital. Xiangcai Securities believes that the improvement of overseas licenses will help the company empower mature models in overseas business and enrich the company's sources of income.