---
title: "Three major factors support the enhancement of the allocation value in the securities industry"
type: "News"
locale: "en"
url: "https://longbridge.com/en/news/266818288.md"
description: "Boosted by the announcement of a significant merger by CICC, on November 20th, the A-share brokerage sector opened higher collectively, with Capital Securities rising over 8% during the session, and Industrial Securities, DFZQ, and CSC also showing strong gains. Hong Kong brokerage concept stocks were similarly active, with CINDA INTL HLDG at one point rising over 60%. Behind this round of market activity are the combined driving forces of policy, capital, and fundamentals. (Shanghai Securities Journal)"
datetime: "2025-11-20T23:47:08.000Z"
locales:
  - [zh-CN](https://longbridge.com/zh-CN/news/266818288.md)
  - [en](https://longbridge.com/en/news/266818288.md)
  - [zh-HK](https://longbridge.com/zh-HK/news/266818288.md)
---

# Three major factors support the enhancement of the allocation value in the securities industry

Boosted by the announcement of a significant merger by CICC, on November 20th, the A-share brokerage sector opened higher collectively, with Capital Securities rising over 8% during the session, and Industrial Securities, DFZQ, and CSC also showing strong gains. Hong Kong brokerage concept stocks were similarly active, with CINDA INTL HLDG at one point rising over 60%. Behind this round of market activity are the combined driving forces of policy, capital, and fundamentals. (Shanghai Securities Journal)

### Related Stocks

- [00111.HK](https://longbridge.com/en/quote/00111.HK.md)
- [601377.CN](https://longbridge.com/en/quote/601377.CN.md)
- [600958.CN](https://longbridge.com/en/quote/600958.CN.md)
- [03958.HK](https://longbridge.com/en/quote/03958.HK.md)
- [601995.CN](https://longbridge.com/en/quote/601995.CN.md)
- [03908.HK](https://longbridge.com/en/quote/03908.HK.md)
- [601136.CN](https://longbridge.com/en/quote/601136.CN.md)
- [601066.CN](https://longbridge.com/en/quote/601066.CN.md)
- [06066.HK](https://longbridge.com/en/quote/06066.HK.md)

## Related News & Research

- [BlackRock, Inc.'s long position in H-shares of China International Capital Corporation decreases on Apr 7, HKEX filing shows](https://longbridge.com/en/news/282527304.md)
- [China International Capital to Issue CNY2 Billion 1.90% Notes Due 2028 in Hong Kong](https://longbridge.com/en/news/278955998.md)
- [CSC Financial Sets March 26 Board Meeting to Approve 2025 Results and Consider Final Dividend](https://longbridge.com/en/news/278690811.md)
- [First Shanghai Securities Reaffirms Their Buy Rating on China International Capital (CNICF)](https://longbridge.com/en/news/281701888.md)
- [Cinda International Expects 2025 Net Profit to Surge to HK$74–82 Million](https://longbridge.com/en/news/273489135.md)