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Bank of America Securities: Due to potential catalysts in the market such as stablecoins, we hold an optimistic view on Chinese brokerage firms.
Odaily News Bank of America Securities published a research report, predicting that the profits of Chinese brokerage firms will rise by 57% year-on-year in the first half of this year, based on the renewed heat of Hong Kong stock IPOs, potential industry mergers and acquisitions, and innovative businesses related to stablecoins as potential catalysts. The bank remains optimistic about Chinese brokerage firms. (Sina Finance)