The Hong Kong stock market is warming up, and small and medium-sized securities firms from the mainland are once again eager to expand their business in Hong Kong

With the recovery of trading and the initial public offering (IPO) market in Hong Kong, small and medium-sized securities firms from mainland China are once again actively expanding their business in Hong Kong this year. Recently, FCSC announced that its board of directors has approved the proposal to establish a subsidiary in Hong Kong, tentatively named "FCSC International Financial Holdings Limited." This is also the third small and medium-sized securities firm to announce plans to "settle" in Hong Kong this year. Currently, some securities firms that have already established a presence in Hong Kong have benefited from the recovery of the Hong Kong stock market this year, showing outstanding performance and an increase in revenue contribution. (Securities Times)