Group 1 - The core point of the news is that Shouchao Securities plans to issue H-shares and apply for listing on the Hong Kong Stock Exchange, marking its entry into the Hong Kong market after its A-share listing in 2022 [2][5] - The purpose of the Hong Kong listing is to enhance the company's capital strength and overall competitiveness, better integrate international resources, and increase its international influence [5][6] - Shouchao Securities has appointed Ernst & Young as the auditing firm for the H-share issuance, which will provide the necessary accounting reports and opinions on related application documents [6] Group 2 - In terms of performance, Shouchao Securities achieved operating revenue of 2.418 billion yuan in 2024, a year-on-year increase of 25.49%, and a profit attributable to shareholders of 985 million yuan, up 40.49% [6] - However, in the first quarter of 2025, the company experienced a decline in both revenue and profit, with operating revenue of 432 million yuan, down 23.34%, and profit attributable to shareholders of 151 million yuan, down 31.42%, primarily due to fluctuations in the bond market affecting asset management income [6] - If Shouchao Securities successfully lists on the Hong Kong Stock Exchange, it will become the 14th brokerage firm to achieve dual listing in both A and H shares, joining a growing trend among A-share companies seeking to expand internationally [7]
首创证券拟赴港上市,第14家“A+H”券商要来了?