Shares of CITIC Securities, one of China's leading brokerage firms, surged 5.36% on Monday, riding a wave of optimism surrounding the country's economic revival.
The rally was fueled by encouraging data that showed China's services sector expanded at a faster pace in October. The Caixin services purchasing managers' index (PMI) rose to 52.0 last month, up from 50.3 in September, marking the biggest increase in nearly two years.
The upbeat PMI reading, coupled with signs of recovery in the property market, bolstered investor confidence in China's economic prospects. Finance and software stocks led the broader market gains, with CITIC Securities advancing 4.85% and Beijing Kingsoft Office Software climbing 5.9%.
免责声明：投资有风险，本文并非投资建议，以上内容不应被视为任何金融产品的购买或出售要约、建议或邀请，作者或其他用户的任何相关讨论、评论或帖子也不应被视为此类内容。本文仅供一般参考，不考虑您的个人投资目标、财务状况或需求。TTM对信息的准确性和完整性不承担任何责任或保证，投资者应自行研究并在投资前寻求专业建议。