Sou Hu Cai Jing·2026-02-13 19:41Core Viewpoint - Recent trading activity indicates a mixed sentiment towards Guangfa Securities, with southbound funds reducing their holdings while also showing net increases over the past weeks [1] Group 1: Trading Activity - On February 13, southbound funds reduced their holdings by 542,000 shares of Guangfa Securities (01776.HK) [1] - Over the last five trading days, there were three days of net increases in southbound fund holdings, totaling 744,200 shares [1] - In the past 20 trading days, there were 14 days of net increases, with a cumulative total of 19,895,500 shares added [1] Group 2: Current Holdings - As of now, southbound funds hold 1,047,000,000 shares of Guangfa Securities, which represents 54.48% of the company's total issued ordinary shares [1] Group 3: Company Overview - Guangfa Securities Co., Ltd. primarily engages in securities business in China, operating through five divisions [1] - The Investment Banking division focuses on equity financing, debt financing, financial advisory, and corporate solutions [1] - The Wealth Management division provides retail securities brokerage, futures brokerage, financial product distribution, margin financing, and leasing services [1] - The Trading and Institutional Client Services division offers securities research, asset custody services, sales and investment trading, and alternative investments [1] - The Investment Management division is involved in asset management, public fund management, and private fund management [1] - The Other division mainly supports the company's headquarters operations [1]