Guotai Junan: More Hong Kong brokerages may lay out virtual asset business

ChainCatcher news, according to Jinshi Data reports, Guotai Junan has released a research report stating that more Hong Kong brokerages will layout virtual asset businesses in the future.

In addition, the market has gradually entered the performance window period, and the profitability of the brokerage sector is expected to exceed expectations. Against the backdrop of a stable stock market, opportunities to continue recommending undervalued and under-allocated blue-chip stocks are present, with non-bank blue-chip stocks shifting from "marginal thinking of fundamentals" to "overall thinking of risk-return ratio."

Especially under the recent policies encouraging red-chip and H-shares to return to A-shares, non-bank blue-chip stocks in Hong Kong are benefiting even more.