HK Stock Market Move | Chinese-funded brokerage stocks soared in early trading as mid-term dividend plans from brokerages were released one after another. The industry's internationalization layout continues to deepen.

Chinese-funded brokerage stocks soared in the morning trade. As of the time of writing, CICC (03908) rose 6.6% to HKD 21.96; CMSC (06099) increased by 5.91% to HKD 15.6; CITIC SEC (06030) was up 5.77% at HKD 27.48; and China Securities Co., Ltd. (06066) gained 4.52% to HKD 12.02. On the news front, as A-share listed brokerages prepare to announce their mid-year reports for 2026, interim dividend proposals are also being rolled out. According to China Securities Journal, Wind data shows that as of August 25, 15 listed brokerages have disclosed their semi-annual reports for 2026, with 10 of them announcing interim dividend proposals, totaling nearly RMB 17 billion in cash distributions. It is noteworthy that since the beginning of this year, multiple Chinese brokerages have been actively increasing their capital in their Hong Kong subsidiaries, with top institutions raising amounts reaching billions and even over a hundred billion. Smaller brokerages are also accelerating their overseas expansion through capital increases and by establishing new platforms, indicating a progressive internationalization of the industry. Hong Kong remains the core hub for Chinese brokerages connecting the mainland with global capital markets, with their business landscape gradually extending to markets in Europe, the Americas, Southeast Asia, and the Middle East.