HK Stock Market Move | Chinese brokerage stocks collectively rebounded, with China Galaxy (06881) up over 4% and CITIC SEC (06030) up more than 3%.

Chinese brokerage stocks collectively rebounded. As of press time, China Galaxy (06881) rose 4.59% to HK$6.955; CITIC SEC (06030) rose 3.60% to HK$21.30; Orient (03958) rose 3.41% to HK$5.465; China Securities Co.,Ltd. (06066) rose 3.17% to HK$10.75. On the news front, UBS released a research report stating that it expects the recurring net profit of listed brokerages to grow 16% year-on-year in the third quarter, while the listing of CXMT Corporation provides a key earnings buffer. Sinolink pointed out that since 2026, financing demand in the domestic hard-tech industry has been strong, and coupled with the recovery in the equity market, the equity investment market has entered a recovery window. Brokerages, relying on the dual equity investment platforms formed by private equity fund subsidiaries and alternative investment subsidiaries, have seen existing direct investment and co-investment projects enter a concentrated realization cycle, and the equity investment business is gradually growing into an important segment that determines the earnings elasticity of listed brokerages.