<Result first take>GF (1776 HK, BUY): FY21 net profit posted +8% y-o-y and largely in-line What's new: GF Securities (1776 HK, BUY) announced FY21 result which posted net profits attributable to shareholders of Rmb10.9bn, up 8% y-o-y due to rising expense, representing 96% and 95% of ours and consensus FY21F earnings estimate. Our views: Representing […]

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