Mei Ri Jing Ji Xin Wen·2026-01-07 01:10Group 1 - Guangfa Securities plans to raise approximately HKD 61 billion through H-share placement and convertible bond issuance to expand its international business [1] - The company will issue 219 million new H-shares at a price of HKD 18.15 per share, expecting a net fundraising of about HKD 39.59 billion [1] - Additionally, it will issue zero-coupon convertible bonds totaling HKD 21.5 billion, with an initial conversion price of HKD 19.82 per share, potentially converting into approximately 108 million H-shares [1] Group 2 - The total number of employees in the securities industry fell to 328,900 by the end of 2025, a decrease of nearly 7,800 from the end of 2024 [2] - Traditional brokers are reducing staff due to mergers and restructuring, while internet-based brokers like Dongfang Caifu and Guojin Securities are expanding their workforce [2] - The number of investment consultants and analysts has reached record highs, contrasting with the decline in the number of investment banking professionals [2] Group 3 - FOF (Fund of Funds) products have seen strong demand at the beginning of the year, with several funds achieving early closure of fundraising [3] - The early fundraising success of FOF products reflects a strong market demand for professional asset allocation [3] - This trend indicates a shift towards rational investment behavior, with investors seeking long-term stable returns, contributing to the healthy development of the capital market [3]