Zheng Quan Ri Bao·2025-12-11 01:12Group 1 - The core viewpoint of the article highlights that multiple Chinese securities firms are actively increasing capital for their subsidiaries to enhance capital strength, market competitiveness, and service capabilities for the real economy [1][2][3] Group 2 - The international business is becoming a new growth engine for securities firms, with companies like China Merchants Securities planning to inject up to 90 billion HKD into its international subsidiary, aiming to enhance global trading and service capabilities [2][3] - In 2024, the international subsidiary of China Merchants Securities is projected to achieve a revenue of 1.199 billion HKD and a net profit of 457 million HKD, with client asset management reaching 246.923 billion HKD by mid-2025, reflecting a 14.52% growth from the end of 2024 [2] - Other firms, such as Shanxi Securities and Dongxing Securities, have also announced capital increases for their international subsidiaries, indicating a broader trend in the industry towards internationalization [2][3] Group 3 - Securities firms are also focusing on enhancing their futures and alternative investment subsidiaries to better serve the real economy, with East Wu Securities planning to invest 403 million CNY to increase the capital of its futures subsidiary [3][4] - The registered capital of East Wu Futures will increase from 1.032 billion CNY to 1.532 billion CNY, which is part of a strategy to improve overall business structure and service capabilities [4] - The alternative investment subsidiaries are seen as crucial for supporting technological innovation, with firms like Guohai Securities planning to invest 500 million CNY to bolster their alternative investment business [4]