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中文(ZH) 华泰证券:券商板块经营已进入良性发展阶段,业绩增长具备可持续性

Brokerage sector poised for sustainable growth, refrigerant prices to rise

Huatai Securities and CITIC Securities have released research reports indicating positive trends in their respective sectors. Huatai Securities suggests that the brokerage sector is entering a phase of sustainable growth, despite recent stock price underperformance attributed to funding and policy factors. CITIC Securities highlights the ongoing price increases for third-generation refrigerants and the potential for companies with fourth-generation refrigerant capabilities to solidify their market positions, recommending Juhua Co., Ltd. AI

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COVERAGE [1]

  1. 36氪 (36Kr) TIER_1 中文(ZH) ·

    Huatai Securities: The brokerage sector's operations have entered a phase of healthy development, and performance growth is sustainable.

    36氪获悉,华泰证券研报指出,今年以来券商股价表现与基本面背离,年初以来(截至5月22日)上证上涨3.6%,券商指数下跌14.4%,研报认为背离的主要原因是受资金面、政策面等因素影响。目前板块经营已进入良性发展阶段,业绩增长具备可持续性。同时,资金面压制边际缓解,券商ETF持续净流入;政策面保持市场呵护基调,夯实经营基础。叠加估值、仓位双低,建议把握战略配置窗口,关注国际化/股权投资/并购重组三大选股主线。