Financial Sector Rallies as Brokerages Lead, Bank of China Hits Record High
The financial sector extended its intraday rally, with brokerages and internet finance names leading gains. Jinlong Co. , Xiangcai Co. and Nanhua Futures all hit the daily limit, while Bank of China, China CITIC Bank and Jiangsu Bank touched record highs. Market funds concentrated in financial heavyweight stocks, lifting the sector index. Brokerages showed greater elasticity on rising trading activity, while banks maintained steady momentum, with trading volume in the sector expanding markedly.
The financial sector extended its intraday rally, with brokerages and internet finance names leading the advance. Jinlong Co. , Xiangcai Co. and Nanhua Futures were among the stocks that hit the daily limit. Bank stocks were also active, with Bank of China, China CITIC Bank and Jiangsu Bank all touching record highs. Market funds concentrated in financial heavyweight stocks, lifting the sector index.
Looking at the intraday structure, brokerage and bank stocks strengthened in tandem, though the drivers differed. Brokerages showed greater elasticity, supported by rising market trading activity, while banks continued their steady run, with some names repeatedly setting new records. Trading volume in the financial sector expanded markedly during the session, reflecting strong participation.