异动分析 期货概念+创投+国企改革 1、弘业期货股份有限公司主要从事商品期货经纪、金融期货经纪、期货投资咨询、资产管理、基金销 售、金融资产投资业务。是期货行业首家A+H股上市公司。 2、公司认缴弘瑞新时代创业投资有限公司，出资金额 2,200 万元，持股比例为 22%。弘瑞新时代的主 要经营地为江苏省南京市，主营业务为创业投资和管理咨询。 3、公司属于国有企业。公司的最终控制人为江苏省政府国有资产监督管理委员会。 (免责声明：分析内容来源于互联网，不构成投资建议，请投资者根据不同行情独立判断) 资金分析 今日主力净流入-2565.83万，占比0.24%，行业排名24/27，连续3日被主力资金减仓；所属行业主力净流 入-1.59亿，连续3日被主力资金减仓。 区间今日近3日近5日近10日近20日主力净流入-2565.83万-8963.66万-1.24亿-1.32亿-8230.33万 来源：新浪证券-红岸工作室 11月24日，弘业期货涨1.41%，成交额1.07亿元，换手率1.41%，总市值101.48亿元。 主力轻度控盘，筹码分布较为分散，主力成交额1.42亿，占总成交额的15.12%。 技术面：筹码平均交易成 ...

Core Viewpoint - 弘业期货's stock price has shown a year-to-date increase of 11.21%, but has recently experienced declines over various trading periods, indicating potential volatility in its market performance [2]. Financial Performance - As of September 30, 2025, 弘业期货 reported a net profit of 208.97 million yuan, a significant decrease of 87.27% year-on-year, with total revenue recorded at 0.00 yuan [3]. - The company has distributed a total of 44.34 million yuan in dividends since its A-share listing [4]. Stock Market Activity - 弘业期货's stock price fell by 2.01% on November 19, 2023, with a trading volume of 33.91 million yuan and a market capitalization of 10.793 billion yuan [1]. - The company has appeared on the龙虎榜 (a stock trading leaderboard) eight times this year, with the most recent appearance on July 14, 2023, where it recorded a net buy of 24.68 million yuan [2]. Shareholder Information - As of September 30, 2025, the number of shareholders decreased by 13.10% to 54,400, with an average of 0 circulating shares per shareholder [3]. - The top ten circulating shareholders include significant entities such as Hong Kong Central Clearing Limited and South China Securities, with notable changes in their holdings [4]. Business Overview - 弘业期货, established on July 31, 1995, specializes in commodity futures brokerage, financial futures brokerage, investment consulting, asset management, fund sales, and financial asset investment [2]. - The company's revenue composition is primarily from commodity trading and risk management (67.03%) and futures brokerage and asset management (32.97%) [2].

Core Viewpoint - 弘业期货 is a significant player in the futures market, being the first A+H share listed company in the industry, with a focus on various financial services including futures brokerage and asset management [2][7]. Company Overview - 弘业期货主要从事商品期货经纪、金融期货经纪、期货投资咨询、资产管理、基金销售和金融资产投资业务 [7]. - The company is controlled by the Jiangsu Provincial Government State-owned Assets Supervision and Administration Commission, indicating its status as a state-owned enterprise [3]. - As of September 30, 2025, 弘业期货 reported a revenue of 0.00 yuan and a net profit of 208.97 million yuan, reflecting a year-on-year decrease of 87.27% [7]. Financial Performance - The company achieved a trading volume of 1.25 billion yuan on November 17, with a market capitalization of 11.217 billion yuan [1]. - The average trading cost of the stock is 11.82 yuan, with the stock price nearing a resistance level of 11.44 yuan, suggesting potential for upward movement if the resistance is broken [6]. Shareholder Structure - As of September 30, 2025, the number of shareholders decreased by 13.10% to 54,400, with no circulating shares per capita [7]. - The top ten circulating shareholders include Hong Kong Central Clearing Limited and Southern CSI 1000 ETF, with notable reductions in their holdings [8]. Investment Activities - 弘业期货 has invested 22 million yuan in 弘瑞新时代创业投资有限公司, holding a 22% stake, which focuses on venture capital and management consulting [2].

Core Viewpoint - Ningzheng Futures has participated in the National Futures (Options) Trading Competition for the 10th time, emphasizing its commitment to serving the real economy and establishing itself as a reliable bridge between investors and the market [1][2]. Company Overview - Ningzheng Futures is a full member of major exchanges including the Shanghai Futures Exchange and the Dalian Commodity Exchange, offering a comprehensive range of services such as commodity and financial futures brokerage, investment consulting, asset management, and risk management [2]. - The company has established a multi-dimensional service network with branches in major cities and a wholly-owned risk management subsidiary in Nanjing, enhancing its operational capabilities [2]. - Since 2010, Ningzheng Futures has collaborated with its shareholder, Nanjing Securities, to develop a futures IB business model, broadening its client service scope [2]. - The company has been recognized as one of the "Most Growth-Oriented Futures Companies in China" by industry publications, reflecting its strong brand image and reliable service [2]. Participation in the Competition - The primary motivation for participating in the competition is to empower both clients and the company by providing a platform for traders to enhance their trading and risk management skills [3]. - The competition helps identify outstanding traders, which strengthens client relationships and improves service quality [3]. - Successful traders in the competition demonstrate strong psychological resilience, clear trading systems, and strict risk management disciplines, showcasing the importance of professional experience [3]. Future Market Trends - The development of China's futures market is expected to align with the national unified market strategy, emphasizing the importance of the futures market in managing risks across the supply chain [4]. - The company plans to focus on differentiated services rather than price competition, aiming to provide tailored hedging solutions for industrial clients [4]. - Recommendations for traders include maintaining risk management, understanding industry chain logic, and adopting a patient mindset to seize high-certainty opportunities [4]. - Ningzheng Futures aims to continue supporting traders through professional services, helping them navigate market fluctuations and capture growth opportunities [4].

Core Viewpoint - The Anhui Securities Regulatory Bureau has decided to take regulatory talk measures against Anliang Futures Co., Ltd. due to deficiencies in its information technology management and failure to adequately assess risks before system upgrades [1][3]. Group 1: Regulatory Measures - The regulatory talk measures were implemented because the company did not sufficiently evaluate technical and business risks prior to upgrading its information systems [3]. - The company failed to develop a comprehensive testing plan and did not continuously improve test cases and data, indicating flaws in its information technology management [3]. - These actions are in violation of the "Supervision and Administration Measures for Futures Companies" and the "Network and Information Security Management Measures for Securities and Futures Industry" [3]. Group 2: Company Background - Anliang Futures Co., Ltd. was established on July 9, 1996, and is a professional futures operating institution approved by the China Securities Regulatory Commission [3]. - The company holds all licenses for futures industry operations, including commodity futures brokerage, financial futures brokerage, asset management, fund sales, and investment consulting [3]. - Anliang Futures is a member of several exchanges, including the Shanghai Futures Exchange, Dalian Commodity Exchange, Zhengzhou Commodity Exchange, and others, and has a full range of futures business licenses [3].

Core Viewpoint - Yong'an Futures has shown a positive stock performance with a year-to-date increase of 19.28% and a recent rise of 2.15% on November 13, 2023, indicating strong market interest and potential growth in the futures sector [1]. Financial Performance - As of September 30, 2025, Yong'an Futures reported a net profit of 475 million yuan, reflecting a year-on-year growth of 13.31% [2]. - The company has cumulatively distributed dividends amounting to 1.006 billion yuan since its A-share listing, with 598 million yuan distributed over the past three years [3]. Stock Market Activity - On November 13, 2023, Yong'an Futures' stock price reached 15.65 yuan per share, with a trading volume of approximately 73.16 million yuan and a turnover rate of 0.33% [1]. - The stock has experienced a net inflow of 4.10 million yuan from main funds, with significant buying activity from large orders [1]. Shareholder Information - As of September 30, 2025, the number of shareholders increased to 39,500, with an average of 36,873 shares held per shareholder, indicating a slight decrease in individual shareholding [2]. - The top ten circulating shareholders include significant entities such as Hong Kong Central Clearing Limited and Southern CSI 500 ETF, with both showing a reduction in their holdings [3]. Business Overview - Yong'an Futures, established on September 7, 1992, operates primarily in commodity futures brokerage, financial futures brokerage, futures investment consulting, asset management, and fund sales, with risk management services contributing 90.17% to its revenue [1].

Core Viewpoint - 弘业期货 has shown a significant increase in stock price, with a rise of 2.95% and a total market capitalization of 11.24 billion [1] Company Overview - 弘业期货股份有限公司 primarily engages in commodity futures brokerage, financial futures brokerage, futures investment consulting, asset management, fund sales, and financial asset investment [2][7] - The company is the first A+H share listed company in the futures industry [2] - As a state-owned enterprise, the ultimate controller of the company is the Jiangsu Provincial Government State-owned Assets Supervision and Administration Commission [3] Financial Performance - For the period from January to September 2025, 弘业期货 reported zero operating revenue and a net profit attributable to shareholders of 2.09 million, a year-on-year decrease of 87.27% [7] - Cumulative cash dividends since the A-share listing amount to 44.34 million [8] Shareholder Structure - As of September 30, 2025, the number of shareholders is 54,400, a decrease of 13.10% from the previous period [7] - Major shareholders include Hong Kong Central Clearing Limited and Southern CSI 1000 ETF, with notable changes in their holdings [8] Market Activity - The stock has seen a net inflow of 4.81 million today, with a total trading volume of 128 million and a turnover rate of 1.53% [1][5] - The average trading cost of the stock is 11.89, with the current price near a support level of 10.97 [6]

Core Viewpoint - 弘业期货 has shown mixed performance in stock price and financial metrics, with a notable increase in stock price year-to-date but a significant decline in net profit compared to the previous year [1][2]. Group 1: Stock Performance - As of November 10, 弘业期货's stock price increased by 2.03% to 11.05 CNY per share, with a total market capitalization of 11.136 billion CNY [1]. - Year-to-date, 弘业期货's stock price has risen by 14.75%, but it has experienced a decline of 1.69% over the last five trading days and a drop of 9.65% over the last 60 days [1]. - The company has appeared on the龙虎榜 (top trading list) eight times this year, with the most recent appearance on July 14, where it recorded a net buy of 24.6763 million CNY [1]. Group 2: Financial Performance - For the period from January to September 2025, 弘业期货 reported a net profit of 2.0897 million CNY, a decrease of 87.27% year-on-year [2]. - The company has distributed a total of 44.3422 million CNY in dividends since its A-share listing [3]. Group 3: Shareholder Information - As of September 30, 2025, 弘业期货 had 54,400 shareholders, a decrease of 13.10% from the previous period [2]. - The top ten circulating shareholders include Hong Kong Central Clearing Limited and South China Asset Management, with notable reductions in their holdings [3].

Core Viewpoint - Yong'an Futures has shown a mixed performance in stock price and financial metrics, with a notable increase in net profit year-on-year despite a lack of revenue in the first nine months of 2025 [1][2]. Financial Performance - As of November 10, Yong'an Futures' stock price increased by 2.12% to 15.44 CNY per share, with a market capitalization of 22.474 billion CNY [1]. - The company has experienced a 17.68% increase in stock price year-to-date, with a slight decline of 0.90% over the last five trading days [1]. - For the period from January to September 2025, Yong'an Futures reported a net profit of 475 million CNY, reflecting a year-on-year growth of 13.31% [2]. Shareholder Information - As of September 30, 2025, the number of shareholders increased to 39,500, up by 6.87% from the previous period [2]. - The average number of circulating shares per shareholder decreased by 6.43% to 36,873 shares [2]. Business Operations - Yong'an Futures primarily engages in risk management services, which account for 90.17% of its revenue, followed by futures brokerage at 6.90% [1]. - The company has been listed on the stock market since December 23, 2021, and has a history of dividend distribution, totaling 1.006 billion CNY since its A-share listing [3]. Institutional Holdings - As of September 30, 2025, Hong Kong Central Clearing Limited is the seventh-largest circulating shareholder, holding 9.5517 million shares, a decrease of 1.5842 million shares from the previous period [3]. - Southern CSI 500 ETF ranks as the eighth-largest circulating shareholder, with a holding of 4.2586 million shares, down by 107,600 shares [3].

Core Viewpoint - 弘业期货 is a significant player in the futures market, with a focus on various financial services, and has recently shown fluctuations in trading activity and financial performance [2][7]. Company Overview - 弘业期货股份有限公司 primarily engages in commodity futures brokerage, financial futures brokerage, futures investment consulting, asset management, fund sales, and financial asset investment [2][7]. - The company is the first A+H share listed company in the futures industry and is controlled by the Jiangsu Provincial Government State-owned Assets Supervision and Administration Commission [3][7]. - As of September 30, 2025, 弘业期货 reported a total revenue of 0.00 yuan and a net profit attributable to shareholders of 208.97 million yuan, reflecting a year-on-year decrease of 87.27% [7]. Financial Performance - The company recorded a trading volume of 751.168 million yuan on November 5, with a market capitalization of 11.176 billion yuan [1]. - The average trading cost of the stock is 11.92 yuan, with the current price near a support level of 10.97 yuan [6]. - The company has distributed a total of 44.342 million yuan in dividends since its A-share listing [8]. Shareholder Structure - As of September 30, 2025, the number of shareholders decreased by 13.10% to 54,400, with no circulating shares per capita [7][8]. - Major shareholders include Hong Kong Central Clearing Limited and Southern CSI 1000 ETF, with notable reductions in their holdings [8]. Market Activity - The stock experienced a net inflow of 931,200 yuan on the day of reporting, with a lack of clear trends in major trading activity [4][5]. - The industry as a whole saw a net outflow of 4.31 billion yuan over three consecutive days [5].