GF SECURITIES(SZ:000776) 券商中国·2025-12-11 23:27Core Viewpoint - The article highlights the significant progress of Chinese securities firms, particularly Guangfa Securities, in expanding their international business and establishing a comprehensive cross-border service network, reflecting the evolving needs of Chinese enterprises going global [1][3]. Group 1: International Business Growth - Guangfa Securities reported a remarkable increase in international business revenue, doubling to 1.35 billion yuan in 2024, leading among major securities firms in growth rate [1]. - The firm has established a three-region linkage involving Hong Kong, London, and Singapore, enhancing its global footprint [1][3]. Group 2: Global Asset Management - The company aims to create a "global asset selection supermarket" to meet the rising demand for global asset allocation among investors [4][5]. - Guangfa Securities has set up a specialized asset allocation research team of over 50 professionals to identify investment opportunities across major global markets [5]. Group 3: Comprehensive Services for Enterprises - As a partner for enterprises going global, Guangfa Securities has developed a full-chain cross-border service system, covering areas such as cross-border financing and risk management [7]. - In 2024, the firm completed 14 overseas equity financing projects, raising a total of 9.3 billion USD, ranking fourth among Chinese securities firms in Hong Kong equity financing [7]. Group 4: Challenges in Globalization - The article discusses the challenges faced by Chinese securities firms in global expansion, including regulatory differences and talent shortages [8][9]. - Guangfa Securities has implemented innovative mechanisms and resource investments to build core capabilities that meet global demands [9].