Guangfa Securities Surges on Lujiazui Forum Policy Boost

Guangfa Securities (1776.HK) surged 9% during regular trading to HKD 18.36, with turnover exceeding HKD 370 million.

After the Lujiazui Forum released multiple policy signals, the securities sector rallied across the board. Western Securities highlighted that capital market reform strengthening services for new quality productive forces, plus expansion of innovative products like active ETFs and REITs, benefits wealth management and asset management businesses.