Changes in Hong Kong stocks | Jiufang Smart Investment Holdings (09636) rose more than 20%. Capital market hotness heats up, and the company's performance elasticity is expected to be released

The Zhitong Finance App learned that Jiufang Smart Investment Holdings (09636) rose by more than 20%. As of press release, it had risen 19.25% to HK$57.55, with a turnover of HK$562 million.

According to the news, the capital market has been heating up since the beginning of the year. On January 6, the Shanghai Composite Index continued to strengthen and hit 13 consecutive days, hitting a new high since the end of July 2015. According to Open Source Securities, Jiufang Smart Investment Holdings is a leader in the 2C financial information service industry. It is based on investment licenses, adheres to the “investment research+technology” two-wheel drive, and uses “content+traffic” to win the exhibition industry. The company's order revenue is strongly correlated with market transaction volume. The bank believes that under a bullish market atmosphere, the company's customer acquisition efficiency and payment conversion rate are expected to improve, performance flexibility will be fully released, and the growth rate is expected to be superior to brokerage business revenue and market transaction volume. Furthermore, demand for medium- to long-term investment services is expected to continue to rise, and there is still plenty of room for growth.