GF Securities: Optimistic about the non-bank zone, suggesting to continue following the policy and event-driven mergers and acquisitions theme.

GoldenOctober2024

2025-07-21 00:32:40

Jin10 data reported on July 21 that GF Securities stated that incremental funds are entering the market, with brokerages accelerating private placements to signal policy easing, which opens up valuation space for brokerages. The performance of brokerages is warming from the bottom, and elasticity is expected, but valuations are lagging. Market activity is expected to recover, and incremental funds are set to enter the market. There is optimism for the non-bank zone, and it is recommended to continue following the main line of mergers and acquisitions under the catalysis of policies and events.

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EmperorHongwuZhuChongba

· 2025-07-21 01:11

Steadfast HODL💎

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