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From IPOs to wealth: GF Securities targeting mass affluent segment in wealth push

Major Chinese securities house, Hong Kong-listed GF Securities (the Group), has been developing its business into a wealth and asset management-heavy revenue model to become less reliant on the IPO market. Supported by its multi-asset managers, including recently acquired Hong Kong manager Value Partners, the firm plans to continue focusing on investment solutions and the mass affluent segment. “Asset management…

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