Focus on three major directions: Institutional research heats up the brokerage sector

As the A-share market remains active, the brokerage sector, known as the "bull market flag bearer," has shown impressive performance. On August 12, Guosheng Finance hit the daily limit, with HTGF, Jinlong Co., Ltd., and GF SEC following suit. Since June 23, the brokerage index has accumulated a rise of over 15%. Institutional enthusiasm for researching brokerages has also increased. Data shows that since July, 8 brokerages have accepted institutional research, compared to only 3 during the same period last year. A reporter from Shanghai Securities has found that business transformation, international layout, and specialized development have become the most concerning issues for institutions