---
type: "Topics"
locale: "en"
url: "https://longbridge.com/en/topics/41475726.md"
description: "Guotai Junan International fell by more than three points, and Hong Kong Exchanges and Clearing fell by two points. Hong Kong stock brokerages and exchanges weakened together today 😔These two are essentially the beta of the Hong Kong stock market. They rise vigorously when trading is active and the market is good. Today, with market sentiment suppressed and trading expectations turning weak, brokerages and exchanges were the first to follow the decline. There is no independent negative news; it's just the most direct feeling of this type of 'selling shovels' target when the market is quiet."
datetime: "2026-06-04T11:04:11.000Z"
locales:
  - [en](https://longbridge.com/en/topics/41475726.md)
  - [zh-CN](https://longbridge.com/zh-CN/topics/41475726.md)
  - [zh-HK](https://longbridge.com/zh-HK/topics/41475726.md)
author: "[subaru486](https://longbridge.com/en/profiles/26848306.md)"
---

# Guotai Junan International fell by more than three…


### Related Stocks

- [00388.HK](https://longbridge.com/en/quote/00388.HK.md)
- [01788.HK](https://longbridge.com/en/quote/01788.HK.md)
- [80388.HK](https://longbridge.com/en/quote/80388.HK.md)
- [HKXCY.US](https://longbridge.com/en/quote/HKXCY.US.md)

## Comments (1)

- **新时代的奴隶 · 2026-06-08T11:31:11.000Z**: The key point is that mainland residents will be restricted from trading Hong Kong stocks in the future. Hong Kong stocks have already lost their own advantage.