Nanhua Futures(SH:603093) Sou Hu Cai Jing·2025-11-22 06:29Core Viewpoint - Nanhua Futures Co., Ltd. is progressing with its application for a Hong Kong listing, with the listing hearing scheduled for November 20, 2025, by the Hong Kong Stock Exchange's listing committee [1]. Group 1: Listing Progress - Nanhua Futures announced its application for a Hong Kong listing, with the listing hearing held on November 20, 2025 [1]. - The exclusive sponsor received a letter from the Hong Kong Stock Exchange on November 21, 2025, indicating that the listing application has been reviewed, but this does not constitute formal approval [1]. - The company still requires final approval from the Hong Kong Securities and Futures Commission and the Hong Kong Stock Exchange, indicating uncertainty in the listing process [1]. Group 2: Company Ranking and Services - Nanhua Futures is recognized as a leading futures company in China, providing global financial services, including domestic futures brokerage, risk management, and wealth management [2]. - According to a Frost & Sullivan report, in 2024, Nanhua Futures ranked 8th among all futures companies in China by total revenue and 1st among non-financial institution-related futures companies [2]. - The company ranked 1st in overseas income among all futures companies in China in 2024 and 3rd in return on equity (ROE) among all 53 listed securities and futures companies [2].