【中文版】

东方证券是一家总部位于中国上海的综合性证券公司，提供包括证券经纪、投资银行、资产管理等多个业务领域服务。近年来，随着公司业务规模的不断扩大和市场竞争的加剧，东方证券也面临着资金短缺的问题。为了解决这一问题，增发成为了东方证券的一条重要途径。

那么，东方证券什么时候会增发呢？实际上，这取决于多种因素的综合影响。首先，政策环境是决定增发时间的重要因素之一。如果政策环境有利，那么增发的实施将更加顺利。其次，市场走势也会影响增发的时机。如果市场行情较好，那么增发将更容易被市场接受，并获得更好的发行价格。最后，公司自身的情况也是决定增发时间的因素之一。如果公司的业务发展需要大量资金，那么即使市场和政策环境不利，公司也可能不得不选择进行增发。

总体来说，东方证券的增发时间将取决于政策环境、市场走势以及公司自身情况等多个因素的综合影响。投资者可以密切关注这些因素的变化，以更好地把握投资机会。

【英文版】

Orient Securities is an integrated securities company headquartered in Shanghai, China, providing a variety of services including securities brokerage, investment banking, asset management, and more. In recent years, as the company's business scale continues to expand and market competition intensifies, Orient Securities has also been facing the problem of capital shortages. To solve this problem, additional issuance has become an important way for Orient Securities.

So, when will Orient Securities additional issuance happen? In fact, this depends on the combined influence of multiple factors. Firstly, the policy environment is one of the important factors that determine the timing of additional issuance. If the policy environment is favorable, the implementation of additional issuance will be smoother. Secondly, market trends can also affect the timing of additional issuance. If the market is doing well, additional issuance will be more easily accepted by the market and obtain better issue prices. Finally, the company's own situation is also a factor that determines the timing of additional issuance. If the company's business development requires a large amount of funds, then even if the market and policy environment are unfavorable, the company may have to choose additional issuance.

Overall, the timing of Orient Securities additional issuance will depend on multiple factors such as the policy environment, market trends, and the company's own situation. Investors can pay close attention to the changes of these factors to better grasp investment opportunities.