Hainan Free Trade Port has been closed for a month, brokerage firms are rushing to layout cross-border asset management and empower industries.

According to Securities Times, over the weekend, the operation of closing the gates in Hainan Free Trade Port has reached its one-month mark. In the past month, securities companies have successively landed investment and financing docking activities, established "frontier windows," and aimed to explore potential business opportunities. Several securities industry professionals interviewed by Securities Times stated that the operation of closing gates in Hainan Free Trade Port is an important milestone in China's financial opening process, and securities companies have a lot to offer. By deepening the local industry chain, expanding cross-border asset management, and serving state-owned enterprise reform among other paths, securities companies are continuously participating in the construction of the free trade port. Of course, expanding territory is not without challenges. Professional talent reserves, local understanding, and increasingly fierce market competition have become the reality questions that securities companies must face. Actively embracing market changes, further enhancing core capabilities, and actively exploring differentiated development will be the key to the layout of securities companies in the next stage.