Analysts: Brokerage stocks are one of the few sectors with significantly improved prospects and have not experienced a major increase.

A-share brokerage stocks continued to strengthen in the afternoon, with GF Securities and Huatai Securities both hitting the limit up, while Guosheng Financial Holdings had previously been locked limit, and CITIC Securities surged significantly. In the Hong Kong stock market, Chinese brokerage stocks also exploded, with the Chinese brokerage stock index soaring nearly 9%. So, what exactly is happening? Analysts believe that brokerage stocks are a rare sector with significantly improved sentiment and no major gains yet, as they have been suppressed for a long time. After some sectors entered a bubble phase, the sudden surge of brokerage stocks at this time may have a certain supportive effect on the market. This is possibly the main reason for the surge of brokerage stocks today. In addition, rumors of brokerage firms "anti-insider competition" continue to circulate online. It is worth noting that after the market closed, the National Development and Reform Commission stated that there are still challenges in economic operations, and macroeconomic policies will be timely strengthened. The total size of new policy-based financial instruments is 500 billion yuan, all of which will be used to supplement project capital. Meanwhile, Citigroup has upgraded its rating on Chinese stocks to "hold".