Core Viewpoint - Nanhua Futures Co., Ltd. has successfully listed on the Hong Kong Stock Exchange, establishing an "A+H" dual capital platform to enhance its global development strategy [1] Group 1: Company Overview - Nanhua Futures shares rose over 10% in the afternoon trading session, with a current price of HKD 10.17 and a trading volume of HKD 17.37 million [1] - The company aims to utilize the net proceeds from its H-share listing to strengthen its capital base in key regions, with specific allocations for various markets [1] Group 2: Fund Allocation - 30% of the raised funds will be allocated to enhance operations in Hong Kong and expand into Malaysia [1] - 30% will be directed towards the UK and European markets [1] - 20% is planned for North American business development [1] - 10% will be used to expand operations in Singapore, with the remaining 10% allocated for general corporate purposes and working capital [1] Group 3: Business Performance - Nanhua Futures' overseas business is identified as a core competitive advantage, with projected overseas financial business revenue of CNY 654 million in 2024, representing a year-on-year growth of 15.3% [1] - The overseas revenue is expected to account for 48.3% of total revenue, significantly higher than industry peers [1] - The company and its subsidiaries hold derivatives trading and clearing licenses in major markets such as Hong Kong, the US, the UK, and Singapore, ensuring comprehensive coverage of key global futures trading hours [1]