--- title: "CICC rose 2.6% in early trading, yesterday announced a profit warning expecting first-quarter net profit of at least 3.369 billion RMB" type: "News" locale: "en" url: "https://longbridge.com/en/news/282920548.md" description: "CICC opened 3.95% higher today, currently reported at 19.76 yuan, up 2.6%. The company announced a profit warning yesterday, expecting net profit in the first quarter to reach 3.369 billion to 3.88 billion yuan, a year-on-year increase of 65% to 90%. A Morgan Stanley report pointed out that the probability of CICC's stock price rising in the next 30 days exceeds 80%, as the recent decline in stock price has made short-term valuations more attractive" datetime: "2026-04-16T01:38:14.000Z" locales: - [zh-CN](https://longbridge.com/zh-CN/news/282920548.md) - [en](https://longbridge.com/en/news/282920548.md) - [zh-HK](https://longbridge.com/zh-HK/news/282920548.md) --- # CICC rose 2.6% in early trading, yesterday announced a profit warning expecting first-quarter net profit of at least 3.369 billion RMB CICC (03908.HK) opened up 3.95% today (16th), reaching a high of HKD 20.12. It is currently reported at HKD 19.76, up 2.6%, with a trading volume of 3.7636 million shares, involving HKD 74.9359 million. CICC announced a positive profit forecast yesterday, expecting a net profit attributable to shareholders in the first quarter to be between RMB 3.369 billion and RMB 3.88 billion, representing a year-on-year growth of 65% to 90%. Morgan Stanley issued a report, believing that there is an over 80% chance that CICC's stock price will rise within the next 30 days. The main reason is that the stock price has recently retreated, making short-term valuations more attractive ### Related Stocks - [601995.CN](https://longbridge.com/en/quote/601995.CN.md) - [03908.HK](https://longbridge.com/en/quote/03908.HK.md) - [MS.US](https://longbridge.com/en/quote/MS.US.md) - [MS-O.US](https://longbridge.com/en/quote/MS-O.US.md) - [MS-Q.US](https://longbridge.com/en/quote/MS-Q.US.md) - [MS-E.US](https://longbridge.com/en/quote/MS-E.US.md) - [MS-I.US](https://longbridge.com/en/quote/MS-I.US.md) - [MS-L.US](https://longbridge.com/en/quote/MS-L.US.md) - [MS-P.US](https://longbridge.com/en/quote/MS-P.US.md) - [MS-A.US](https://longbridge.com/en/quote/MS-A.US.md) - [MS-F.US](https://longbridge.com/en/quote/MS-F.US.md) - [MS-K.US](https://longbridge.com/en/quote/MS-K.US.md) ## Related News & Research - [China International Capital to Issue CNY2 Billion 1.90% Notes Due 2028 in Hong Kong](https://longbridge.com/en/news/278955998.md) - [Tesla increases Actually Smart Summon speed by 33% in new FSD update](https://longbridge.com/en/news/286678100.md) - [SpaceX's $2 Trillion IPO Could Hand Musk Total Control and Lock In a Mars Colony](https://longbridge.com/en/news/286563519.md) - [09:24 ETBRAMI Raises $33 Million Series B Led by VMG Partners to Scale Italian Protein Pasta](https://longbridge.com/en/news/286921499.md) - [Tencent Music completes $2.6 billion acquisition of podcast platform Ximalaya](https://longbridge.com/en/news/286841981.md)