"Brokerage King" reports good news: Net profit of 23.1 billion yuan in the first three quarters, investment income surged by 190%

On the evening of October 24th, the "brokerage king" disclosed its third-quarter report! Data shows: In the first three quarters, CITIC Securities Co., Ltd. achieved an operating income of 55.815 billion yuan, a year-on-year increase of 32.70%; net profit was 23.159 billion yuan, a year-on-year increase of 37.86%. In the third quarter, the company achieved an operating income of 22.775 billion yuan, a year-on-year increase of 55.71%; net profit was 9.440 billion yuan, a year-on-year increase of 51.54%. Among large listed brokerages, CITIC Securities was the first to disclose its third-quarter report, officially kicking off the disclosure of third-quarter reports in the brokerage sector. Traditional intermediary business fully thriving A deep analysis of CITIC Securities' income structure reveals two highlights: first, the comprehensive and steady growth of traditional intermediary businesses; second, the explosive growth of proprietary investment businesses, which has become the core engine driving the performance leap. (As shown in the figure below) Among them, the net income from brokerage business fees in the first three quarters reached 10.939 billion yuan, a significant year-on-year increase of 52.9%, highlighting the company's significant advantages in retail customer base and channel construction. In the first three quarters, investment banking business income was 3.689 billion yuan, a year-on-year increase of 30.9%, reflecting its leading position in equity financing, bond underwriting, and other fields. Investment income becomes the biggest highlight It is noteworthy that: CITIC Securities' proprietary investment business performed exceptionally well, with investment income soaring to 32.838 billion yuan, a staggering increase of 190.1% compared to 11.321 billion yuan in the same period last year, making it the most eye-catching highlight in this performance report. Meanwhile, asset management business steadily grew by 16.4% in the first three quarters, reaching a scale of 8.703 billion yuan, demonstrating the company's good results in the wealth management transformation process. Huaxia Fund's net profit in the third quarter is 866 million yuan CITIC Securities disclosed the main financial data of its controlled Huaxia Fund, as follows: From July to September 2025, Huaxia Fund achieved a net profit of 866 million yuan (unaudited). As of September 30, 2025, the asset management scale of Huaxia Fund's parent company exceeded 3 trillion yuan. CITIC Securities' significant investment that year has now become a highlight of the company's business. Risk warning and disclaimer The market has risks, and investment requires caution. This article does not constitute personal investment advice and does not take into account the specific investment objectives, financial conditions, or needs of individual users. Users should consider whether any opinions, views, or conclusions in this article are suitable for their specific circumstances. Investment based on this is at one's own risk