The Zhitong Finance App learned that Nanhua Futures shares (02691) rose more than 5%. As of press release, it rose 4.48% to HK$6.06, with a turnover of HK$10.142,500.

According to the news, Nanhua Futures announced that Yushan Sports, the holding subsidiary of the company's controlling shareholder, increased its H share holdings by 978,500 shares for the first time on November 9. Yushan Movement plans to increase the company's H shares through centralized bidding within 6 months from the date of the initial increase in holdings through the Shanghai Stock Exchange Hong Kong Stock Connect trading system. In total, it plans to increase its holdings by no more than 30 million shares.

Huachuang Securities pointed out that in the first half of the year, the overseas platform Henghua International of Nanhua Futures contributed more than 90% of profits; in the third quarter, as the Federal Reserve's interest rate cut game and external market fluctuations intensified, the overseas profit base, mainly margin interest spreads and settlement fees, continued to stabilize, driving single-quarter profits against the trend to new highs, and overseas highly elastic alpha earnings were fully realized. The bank pointed out that the company is ushering in a period of strategic opportunity for the world's top liquidators to reinvent their values.

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