China CITIC Securities' Hong Kong stock closed down 4.83% on May 28th, providing market making services for the Hong Kong Stock Connect Information Technology ETF

2026-05-31 17:16

Economic Observation Network On May 28th, the H-share price of CITIC Securities was reduced by a fund and fell. It will provide main market making services for related ETFs in the future

Recent stock trends:
On that day, the Hong Kong stock market closed down 4.83% to HKD 11.04, with a drop of over 5% at one point during trading. According to a report by Zhitong Finance, it is mainly related to E Fund's concentrated reduction of H shares in multiple securities firms, including CITIC Securities, involving a total of approximately HKD 157 million Non bank analysts at Zhongtai Securities believe that the market allocation logic has shifted towards pursuing certainty, which has suppressed the valuation elasticity of the securities sector

Business progress:
The Shanghai Stock Exchange announced on May 29th that from June 1st, CITIC Securities will provide main market making services for the Huaxia CSI Hong Kong Stock Connect Information Technology ETF

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