Understanding the Market | JF SMARTINVEST is up over 7% as the company previously announced the acquisition of Fangde Securities to further expand cross-border financial services

Zhitong
2025.07.07 03:18

JF SMARTINVEST Holdings is currently up over 7%, with a rise of 7.49% as of the time of writing, priced at HKD 46.65, with a transaction volume of HKD 131 million. In terms of news, JF SMARTINVEST Holdings previously announced plans to acquire 100% equity of Yintech Financial for HKD 108.81 million and to purchase its core information system for HKD 18.16 million. Soochow Securities stated that this acquisition will be the first step for JF SMARTINVEST to "go overseas," covering core markets such as Hong Kong and the United States through the target company, enhancing industry competitiveness. Additionally, by integrating the licensed business of Fangde Securities, JF SMARTINVEST Holdings may strengthen its coverage capabilities in core markets such as the Hong Kong Stock Exchange, U.S. securities exchanges, and northbound trading through the Shanghai-Hong Kong Stock Connect and Shenzhen-Hong Kong Stock Connect, further expanding cross-border financial services. Soochow Securities pointed out that the company is expected to consolidate its leading position in the rapidly expanding online investment education market by deepening its intelligent investment advisory product matrix, expanding its full-domain traffic ecosystem, and continuously increasing R&D investment; and the company's various businesses are still in a rapid growth phase, with the number of paying customers expected to continue to grow steadily. Price catalysts include market activity (A-share trading volume) + expectations for the growth curve of new business with Hong Kong securities licenses

According to Zhitong Finance APP, JF SMARTINVEST (09636) is currently up over 7%, with a rise of 7.49% as of the time of publication, trading at HKD 46.65, with a transaction volume of HKD 131 million.

In terms of news, JF SMARTINVEST previously announced plans to acquire 100% equity of Yintech Financial for HKD 108.81 million and to acquire its core information system for HKD 18.16 million. Soochow Securities stated that this acquisition will be the first step for JF SMARTINVEST to "go overseas," covering core markets such as Hong Kong and the United States through the target company, enhancing industry competitiveness. Additionally, by integrating the licensed business of Fangde Securities, JF SMARTINVEST may strengthen its coverage capabilities in core markets such as the Hong Kong Stock Exchange, U.S. securities exchanges, and northbound trading through the Shanghai-Hong Kong Stock Connect and Shenzhen-Hong Kong Stock Connect, further expanding cross-border financial services.

Soochow Securities pointed out that the company is expected to consolidate its leading position in the rapidly expanding online investment education market by deepening its intelligent investment advisory product matrix, expanding its full-domain traffic ecosystem, and continuously increasing R&D investment; and that the company's various businesses are still in a rapid growth phase, with the number of paying customers expected to continue to grow steadily. Catalysts for the stock price include market activity (A-share trading volume) + expectations for the growth curve of new business from Hong Kong securities licenses