Mergers and acquisitions resume, and the valuation recovery window for the brokerage sector opens

The theme of securities firm mergers and acquisitions is heating up again. Recently, Dongwu Securities announced plans to acquire control of Donghai Securities through share issuance, adding another regional securities firm consolidation case to the industry. Industry insiders say that under the continuous encouragement of regulatory policies for mergers, increased industry concentration, and the triple resonance of performance growth, low valuation, and M&A catalysts, the valuation repair window is opening. (China Securities Journal)

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