Zhongtai Securities(SH:600918) news flash·2025-07-18 18:19Core Viewpoint - The recent activities in the securities industry indicate a significant push towards cross-border business expansion, with major firms taking strategic steps to enhance their international operations [1] Group 1: Company Actions - Zhongtai Securities has provided a guarantee of 350 million HKD to its wholly-owned subsidiary, Zhongtai International, to facilitate the development of its overseas business [1] - Following Guotai Junan International, several firms including Hafut Securities and China Merchants International have announced the acquisition of virtual asset trading service licenses in Hong Kong [1] Group 2: Industry Trends - The international business has increasingly become a crucial component for securities firms to enhance their performance [1] - Industry experts believe that with the acceleration of high-level opening up of the capital market, securities firms will seize opportunities to rapidly expand their cross-border operations [1] - Leading securities firms are focusing on both the breadth and depth of their business, while smaller firms are seeking differentiated development strategies [1]