China Securities: Undervalued Brokerage Sector Offers High Value

36Kr reports that a China Securities research note states that for the capital market, the CSRC places stabilizing the market as its top priority while adhering to the principle of seeking progress through stability. By improving market stabilization mechanisms, promoting long-term funds entering the market, cracking down on illegal share reductions, and encouraging buybacks and increases in holdings, the resilience of the capital market will be enhanced. More inclusive financing reforms will boost market vitality. For brokerages, measures such as reforming investment and financing channels, further expanding interconnectivity, and accelerating the construction of world-class international investment banks create opportunities in wealth management, investment banking, and investment businesses both domestically and cross-border. Against the backdrop of a stabilized market, the undervalued brokerage sector offers high value.