On July 3, China Galaxy Securities rose 3.51% in regular trading, trading at 7.62 HKD/share, with turnover of HKD 117 million.
On the news front, the company's wholly-owned subsidiary Galaxy Futures recently completed a business registration change, increasing its registered capital from 4.5 billion yuan to 5 billion yuan, an approximately 11% increase. Following the capital injection, Galaxy Futures now ranks tied for third in the industry alongside Orient Securities Futures, behind only CITIC Futures and Guotai Junan Futures, reflecting the company's continued strategic deployment in the derivatives business.
Meanwhile, the brokerage sector extended its prior-day strength, with peers CMSC up 6.0%, GF Securities up 4.2%, CICC up 4.14%, and CITIC Securities up 2.86%. Industry data shows that listed brokerages posted aggregate net profit growth of 16.5% year-over-year in Q1, with fundamentals expected to remain on an upward trajectory in the second half. Additionally, Fitch recently affirmed China Galaxy's long-term issuer default rating at BBB+, outlook stable, citing extraordinary support from its ultimate controlling shareholder Central Huijin.
(The above content is based on publicly available market information, generated by a program or algorithm, and is intended solely as a stock movement alert. It does not constitute investment advice or a basis for trading decisions.)