Hong Kong stocks surged | Chinese securities firms' stocks collectively rise. Securities firms are expected to release high interim performance forecasts, which may drive the current undervaluation repair.

According to the CITIC Financial APP, Chinese brokerage stocks are collectively rising. As of the time of writing, CITIC Securities (06066.HK) rose 4.29% to 12.15 Hong Kong dollars; CICC (03908.HK) rose 3.6% to 21.88 Hong Kong dollars; GF Securities (01776.HK) rose 3.3% to 17.22 Hong Kong dollars; and Shenwan Hongyuan (06806) rose 3.19% to 2.59 Hong Kong dollars.