Chinese brokerage stocks open higher; Guojin Securities nears limit-up

The breadth of the opening move across large and mid-tier brokers suggests a sector-wide bid rather than a single-name story, which is notable given how often brokerage rallies are led by one outlier. Guojin Securities nearing the daily limit is the focal point, and whether that strength holds through the session or fades is the open question. Broader financial-sector sentiment is what's worth watching, since brokerage shares often act as a proxy for risk appetite in Chinese equities.