Mei Ri Jing Ji Xin Wen·2025-05-20 01:33Group 1 - Jinlong Co. has decided to terminate the sale of 67.78% stake in Zhongshan Securities, citing concerns over potential asset composition post-sale [1] - The company emphasized that no framework agreements or contracts were signed for the restructuring, thus avoiding any breach of responsibility [1] - This decision reflects Jinlong's strategic focus on its core securities business, which may stabilize its key assets and help concentrate on its main operations [1] Group 2 - Xu Yong has resigned as the General Manager of China Merchants Fund, with Zhong Wenyue returning to take over the position [2] - Zhong Wenyue has extensive experience within the company and industry, which is expected to reduce team integration costs and enhance operational efficiency [2] - The leadership change is anticipated to bring new vitality to China Merchants Fund, with market expectations for strategic adjustments and business expansion [2] Group 3 - The issuance of equity funds has accelerated, with 16 new equity products launched this week, reflecting a strong demand for equity assets [3] - The average subscription period for these new equity products is approximately 12.56 days, indicating increased investor confidence in the stock market [3] - This trend is likely to attract more capital into the stock market, positively impacting related industry sectors and overall market sentiment [3] Group 4 - Guotai Haitong repurchased 1.2 million shares for a total amount of 21.19 million yuan, demonstrating confidence in its own value [4] - This share buyback is expected to bolster investor confidence and provide support for the stock price [4] - The securities sector may benefit from this action, potentially leading to a positive shift in market sentiment [4]