Huatai Securities said it completed the third tranche of pledged-repo financing
under the securities, fund, insurance company swap facility (SFISF) and carried
out stock purchases. The firm said it remains firmly optimistic on China’s
long-term economic outlook and will fully utilize SFISF funds to boost
allocations to A-shares and ETFs, leveraging policy funding to increase
long-term investment in the capital market and support stable market
development.