<div id="readability-page-1"><div><p>BOCOM International said in a research report that on the back of RMB30.076 billion in net profit attributable to shareholders last year, representing YoY growth of 38.6%, CITIC SEC (06030.HK)<span> </span><span> -0.440 (-1.576%)  </span> <span> Short selling $12.15M; Ratio 4.138%  </span>  continued to maintain strong earnings growth in 1Q26, with quarterly profit exceeding RMB10 billion for the first time.</p><p>During the period, revenue from all business segments recorded relatively fast YoY growth. Among them, revenue from securities brokerage, investment banking, asset management and investment businesses increased by 48%, 24%, 37% and 25% YoY, respectively. Fair value changes drove a 32% YoY increase in investment income, while net interest income rose to RMB1.1 billion.</p><p>Management believes that as the benefits of ongoing capital market reforms are gradually realized, the companys leading advantages in scale, full licensing and comprehensive business chain will become more prominent, and it remains optimistic about the resilience and sustainability of earnings growth. The broker expects the companys leadership position to remain solid over the next three years, with net profit attributable to shareholders reaching RMB37.5 billion, RMB40.5 billion and RMB44 billion, respectively.</p><p>The broker noted that under the current market environment, the companys various businesses are outperforming peers, and its valuation has further upside potential for recovery. It raised the TP to HKD32 and maintained a Buy rating. (ss/u)(HK stocks quote is delayed for at least 15 mins.Short Selling Data as at 2026-05-06 16:25.)</p></div><p>This article was automatically translated by AI, the Chinese version should be considered the authoritative version. AASTOCKS.com Limited does not guarantee its accuracy or completeness and accepts no liability for any damages or losses arising from the use of this translation.</p></div>

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<p>BOCOM International has raised the target price for CITIC SECto HKD32, maintaining a Buy rating. The company reported a net profit of RMB30.076 billion for the previous year, a 38.6% YoY increase, and continued strong earnings growth in Q1 2026, with quarterly profits exceeding RMB10 billion. Revenue from all business segments showed significant YoY growth, and management is optimistic about sustained earnings growth due to capital market reforms. The broker expects net profits to reach RMB37.5 billion, RMB40.5 billion, and RMB44 billion over the next three years.</p>

BOCOM International Raises CITIC SEC TP to HKD32, Leadership Position Solid