NANHUA FUTURES (02691) Surges Over 4%, Set to Join Southbound Trading This Month

Stock News01-05

NANHUA FUTURES (02691) rose more than 4%. As of the time of writing, the stock was up 4.13%, trading at HKD 10.58, with a turnover of HKD 26.6181 million.

According to Huatai Securities, for stocks listed in both the A-share and H-share markets, their Hong Kong shares can be included in the Stock Connect scheme upon the conclusion of the price stabilization period, without waiting for a regular review. The price stabilization period for Hong Kong IPOs is typically 30 days, commencing the day after the closing of the Hong Kong public offering. Consequently, NANHUA FUTURES is scheduled to be included in the Southbound Trading on January 19.

Huaxi Securities previously highlighted that NANHUA FUTURES' overseas business is a core competitive advantage. In 2024, revenue from its overseas financial business reached RMB 654 million, marking a 15.3% year-on-year increase and accounting for 48.3% of total revenue, a proportion significantly higher than its industry peers.

Its subsidiary, Heng Hua International, and associated companies hold derivatives trading and clearing licenses in major markets including Hong Kong, the US, the UK, and Singapore, achieving comprehensive coverage across the primary global futures trading sessions.

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