Core Viewpoint - Nanhua Futures Co., Ltd. (02691) saw its stock price rise over 5%, reaching a new high of HKD 11.6, with a trading volume of HKD 22.89 million [1] Group 1: Stock Performance - Nanhua Futures shares increased by 5.07%, trading at HKD 11.6 at the time of reporting [1] - The stock's performance marks a new high since its listing [1] Group 2: Inclusion in Stock Connect - According to Huatai Securities, Nanhua Futures will be included in the Hong Kong Stock Connect on January 19, following the end of the price stabilization period [1] - The price stabilization period for Hong Kong IPOs typically lasts 30 days, starting from the day after the public offering application deadline [1] Group 3: Business Performance and Competitiveness - Huaxi Securities highlighted that Nanhua Futures' overseas business is a core competitive advantage, projecting a revenue of CNY 654 million from overseas financial operations in 2024, representing a year-on-year growth of 15.3% [1] - This overseas revenue is expected to account for 48.3% of total revenue, significantly higher than peers [1] - The company, along with its subsidiaries, holds derivative trading and clearing licenses in major markets such as Hong Kong, the US, the UK, and Singapore, ensuring coverage of all major global futures trading hours [1] - The firm is anticipated to benefit from increased trading activity in dollar-denominated commodities amid heightened foreign exchange volatility [1]