Sou Hu Cai Jing·2026-02-27 19:30Core Viewpoint - Southbound funds reduced their holdings in GF Securities (01776.HK) by 478,800 shares on February 27, while in the last five trading days, there were three days of net increases totaling 2,701,500 shares [1] Summary by Sections Southbound Fund Activity - Over the past 20 trading days, GF Securities experienced net increases in holdings from southbound funds on 14 days, with a total net increase of 11,299,000 shares [1] - Currently, southbound funds hold 1.05 billion shares of GF Securities, accounting for 54.64% of the company's total issued ordinary shares [1] Company Overview - GF Securities Co., Ltd. is primarily engaged in securities business in China, operating through five segments [1] - The Investment Banking segment focuses on equity financing, debt financing, financial advisory, and corporate solutions [1] - The Wealth Management segment provides retail securities brokerage, futures brokerage, financial product distribution, margin financing, repurchase trading financing services, and leasing [1] - The Trading and Institutional Client Services segment mainly offers securities research, asset custody services, sales and investment trading (including proprietary and other client trading services), and alternative investments [1] - The Investment Management segment is involved in asset management, public fund management, and private fund management [1] - The Other segment primarily supports the company's headquarters operations [1]