China’s diversified financial sector surged in Wednesday’s trading session, with Nanhua Futures (603093) soaring by the 10% daily limit. The rally extended across Hongye Futures (001236), Ruida Futures (002961), Zhejiang Oriental (600120), Xinli Finance (600318), and Bohai Leasing (000415), reflecting renewed optimism in non-bank financial firms.
The gains were fueled by speculation of policy easing for financial leasing and commodity trading, coupled with improving risk appetite in capital markets. Analysts note futures brokers like Nanhua are benefiting from rising commodity volatility, while leasing firms gain from infrastructure financing demand.
The momentum suggests confidence in sectoral recovery, though sustainability hinges on regulatory clarity and Q2 earnings validation. Investors are particularly bullish on futures players with strong derivatives expertise amid market turbulence.
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