First Capital Securities plans to list in Hong Kong, and the number of "A+H" stock brokerages is expected to increase to 14.

Shouchuang Securities, which has been listed on the A-share market for less than three years, has recently initiated a plan to go public in Hong Kong. The company announced that its board of directors has approved the proposal to issue overseas-listed shares and apply for listing on the Main Board of the Hong Kong Stock Exchange, with the funds raised intended for increasing capital and supplementing operating funds. If the H-share issuance and listing process is successfully completed, Shouchuang Securities will become the 14th "A+H" stock brokerage firm. Some industry insiders believe that through H-share listing, it can not only increase the capital of relevant institutions and make up for weaknesses in their business, but also attract international capital, which will be helpful for the company's future business development and license applications.