MB-CICC@EC2609A

Tencent Again Reduces Stake in CICC, Netting HKD 13.9547 Million

Huzhou Zhongjin Qixin Equity Investment Partnership Established with a Capital of 100 Billion Yuan

CICC Issued Two Floating Rate Notes Worth $550M and $850M

CICC Issues Floating Rate Notes to Raise $1.4 Billion

CICC Approved to Issue Up to 35 Billion Yuan in Bonds

CICC Announces Rate Cut for '24 CICC G1' Bond and Offers Redemption Option

CICC Successfully Completes 3 Billion YUAN Perpetual Subordinated Bond Issue with a Coupon Rate of 2.30%

CICC Sees Significant Increase in Full-Year Net Profit

CICC expects net profit to grow by 50% to 85% in 2025

CICC Signs Strategic Cooperation Agreement With Huawei

CICC issues up to RMB 3 billion perpetual subordinated bonds

CICC Completes the Issuance of Sci-Tech Innovation Corporate Bonds

Sany International Signs Financial Product Investment Framework Agreement with CICC

CICC to Publicly Issue Sci-Tech Innovation Corporate Bonds

CICC Points Out Recent RMB Strength and Future Outlook

CICC Wealth Management Report Total Assets Reached 204.05 Billion Yuan

CICC Wealth Management reported a net profit of RMB 1.76 billion in 2025

CICC Proceeds with Repurchase Bond Resale

CICC Completes RMB 3 Billion Perpetual Subordinated Bond Issuance with Coupon Rate of 2.38%

Morgan Stanley Releases H-Share Investment Ratings for Chinese Securities Firms

CCOE

STARCOIN GROUP

ONEFORCE HLDGS

ROYAL DELUXE

STELUX HOLDINGS

TE HEALTHCARE

ASIAPAC FIN INV

WELIFE TECH

DRINDA

TIMELESS

512820

512700

512000

03908

159842

513750

512880

CICC released a report stating that HSBC HOLDINGS' fourth-quarter performance exceeded expectations, with a positive outlook for the next three years. Last year, adjusted operating income was USD 71 billion, a year-on-year increase of 5.3%; net profit was USD 27.8 billion, a year-on-year increase of 12.5%. The company expects revenue to grow annually from 2026 to 2028, achieving a 5% annual growth rate in 2028. The target price has been raised by 25% to CNY 170.8, maintaining an "outperform" rating

AASTOCKS

WP CSI Banks ETF

China Southern CSI Banks ETF

Hwabao WP CSI All Share Investment Banking & Brokerage ETF

CICC

Fullgoal CSI 800 Banks ETF

HSBC

E Fund CSI 300 Financials (ex Banks) ETF

ChinaAMC CSI Banks ETF

ChinaAMC SSE Financials Sector ETF Initiating Fund

China Merchants CSI BANK AH Price ETF

Yinhua CSI All Share Investment Banking & Brokerage ETF

HSBC HOLDINGS

GF Fund CSI HK Connect Financials(ex Banks) Thematic ETF

Huaan CSI Banks ETF

Guotai CSI All Share Investment Banking & Brokerage ETF

Hwabao WP CSI Banks ETF

In "Major Banks," CICC raised the target price of HSBC Holdings to HKD 170.8, with last quarter's performance exceeding expectations

IBIT

GBTC

ARKB

688688

The release of Document No. 42 emphasizes strict regulation of overseas Real World Assets (RWAs) linked to domestic assets. CICC Hong Kong has initiated contact with public blockchains and exchanges for potential cooperation. Executives from public blockchains are seeking partnerships with investment banks, while Ant Group and JD.com are concerned about the regulatory changes. The document clarifies that RWAs with Hong Kong assets are exempt from these regulations, but those using domestic securities or funds for overseas issuance will be regulated by the China Securities Regulatory Commission (CSRC).

CoinLive

iShares Bitcoin Trust ETF

Grayscale Bitcoin Trust BTC - ETF

ARK 21Shares Bitcoin ETF

VanEck Bitcoin ETF

Invesco Galaxy Bitcoin ETF

JD LOGISTICS

ANT GROUP

KraneShares 2x Long JD Daily ETF

CoinShares Bitcoin ETF

Fidelity Wise Origin Bitcoin Fund - ETF

JD HEALTH

Franklin Bitcoin ETF

WisdomTree Bitcoin Fund

Bitwise Bitcoin ETF

Amplify Transform Data Sharing ETF

ProShares Bitcoin Strategy ETF

JD.com

JD-SW

Caixin: Document No. 42 emphasizes strict regulation of overseas RWA; CICC Hong Kong has contacted public blockchains and exchanges.

06938

601995

CICC Starts Suzhou Ribo Life Science at Outperform with HK$100 Price Target

marketscreener

RIBOLIFE-B

CICC Starts Suzhou Ribo Life Science at Outperform with HK$100 Price Target

CICC's Subsidiary Guaranteed With $1.40 Billion for Bond Issuance

CICC's Subsidiary Guaranteed With $1.40 Billion for Bond Issuance

02611

601211

02513

KNOWLEDGE ATLAS has seen a consecutive two-day surge in the Hong Kong stock market, with intraday gains exceeding 22% at one point. According to an announcement from the China Securities Regulatory Commission, KNOWLEDGE ATLAS has appointed Guotai Haitong Securities and CICC as its advisory institutions for its listing on the Shanghai Stock Exchange's STAR Market, and has withdrawn its previous advisory filing to process a new filing registration. This change in advisory institutions marks a forward advancement in KNOWLEDGE ATLAS's IPO plan

Wallstreetcn

GTHT

Guotai Haitong

KNOWLEDGE ATLAS

KNOWLEDGE ATLAS once rose over 22% during the session, the company has hired a counseling agency for its listing on the Sci-Tech Innovation Board

601108

601688

Bank of America Securities released a research report listing the investment ratings and target prices for Chinese brokerage stocks. CITIC Securities is rated as Buy, with a target price of HKD 35.7; Guotai Haitong is rated as Buy, with a target price of HKD 21.4; HTSC is rated as Buy, with a target price of HKD 22.1; GF SEC is rated as Buy, with a target price of HKD 22.9; CMS is rated as Underperform, with a target price of HKD 15.3; CGS is rated as Neutral, with a target price of HKD 12.1; CICC is rated as Buy, with a target price of HKD 26.9; CSC is rated as Buy, with a target price of HKD 15.7; DFZQ is rated as Underperform, with a target price of HKD 6.1

CAITONG SECURITIES

HTSC

DFZQ

CMSC

CITIC SEC

GF SEC

GUOTAI JUNAN I

CITIC Securities Co., Ltd.

"Major Banks" Bank of America Securities' Investment Ratings and Target Prices for Chinese Brokerage Stocks (Table)

Bank of America Securities released a report stating that the fundamentals of Chinese brokerage stocks have decoupled from their stock price performance. Despite upward revisions in profit forecasts, A-shares and H-shares have performed poorly, affected by the national team's reduction in holdings and equity financing. The bank believes that the fundamentals of brokerages are robust and anticipates the government to introduce supportive policies, expecting a strong revaluation of valuations. Bank of America Securities prefers H-shares, giving "Buy" ratings to Guotai Haitong, CICC, and GF SECURITIES, and upgrading the rating of HTSC to "Buy," with a target price of 22.1 yuan

E Fund CSI Hongkong Bond Investment Theme ETF

GF SECURITIES

"Big Banks" Bank of America Securities: The fundamentals of Chinese brokerage stocks are decoupled from stock price performance, looking forward to the introduction of supportive policies

03329

BOCOM International Holdings Co. Ltd. has announced the acquisition of US$10 million in CICC bonds. The transaction took place on February 6, 2026, through over-the-counter trading and is intended as a long-term investment to generate stable returns.

Reuters

BOCOM INTL

BOCOM International Holdings erwirbt CICC-Anleihen im Wert von 10 Millionen US-Dollar

600369

As of February 6, 28 securities firms have issued 157 bonds this year, raising a total of 419.35 billion yuan, a year-on-year increase of 457.65%. Among them, there are 97 securities company bonds, raising 293.53 billion yuan; 18 subordinated bonds, raising 46.62 billion yuan; and 42 short-term financing bonds, raising 79.2 billion yuan. Since February, several securities firms have been approved to issue bonds at the 10 billion yuan level, including Southwest Securities and CICC

SWSC

The scale of domestic bond issuance by securities firms within the year exceeded 419.3 billion yuan, a year-on-year increase of 458%

000750

600308

600909

As of February 6, 685 listed companies have received brokerage research teams this year. Leading brokerages, leveraging the advantages of their research teams, have become the "main force" in the research market, with CITIC Securities ranking first with 213 research visits; Changjiang Securities, Guotai Haitong, and CICC also exceeded 150 visits each; 12 brokerages including Guosen Securities, Huatai Securities, Western Securities, GF SEC, and CSC have all conducted over 100 research visits

Sealand Securities

SDHT

ZHONGTAI SECURITIES

Changjiang Securities

SINOLINK SECURITIES

GUOSEN SECURITIES

Western Securities

Huaan Securities

Since the beginning of the year, securities firms have "visited" a total of 685 A-share companies

06831

CICC Starts Green Tea Group at Outperform with HK$10 Price Target

GREEN TEA GROUP

CICC Starts Green Tea Group at Outperform with HK$10 Price Target

According to calculations by authoritative institutions such as CICC and historical data on MSCI index adjustments, the estimated scale of passive fund purchases for **Jingtai Technology (02228.HK)** at tomorrow's (November 24, Monday) closing session is roughly as follows: Key data: Estimated purchase amount of approximately $120 million (equivalent to approximately HK$930 million). Data source: Based on the semi-annual adjustment forecast report of the MSCI China Index released by CICC. Calculation logic: Jingtai Technology has been included in the MSCI China Index this time...

XTALPI

MSCI

Alphabet - C

Alphabet

Direxion Daily Googl Bear 1x Shares

Direxion Daily GOOGL Bull 2X Shares

Gemini's liquidity forecast for Monday's MSCI China Index inclusion of XtalTech:

On July 11, the three major stock indices in Hong Kong rose together. In terms of sectors, technology stocks rose collectively, and securities and brokerage stocks mostly increased.

CPIC

ZA ONLINE

LAOPU GOLD

POP MART

MIXUE GROUP

GUMING

WUXI APPTEC

WuXi AppTec

AIA Group

LIANLIAN

OSL GROUP

HENGRUI PHARMA

Hengrui Pharma

PICC P&C

MAO GEPING

BLOKS

PING AN

Ping An Ins HK SDR2to1

Ping An

Ping An Insurance

EB SECURITIES

EBSCN

WUXI BIO

WuXi Biologics

CHINA LIFE

China Life

CHICMAX

XIAOMI-W

Xiaomi HK SDR 2to1

Xiaomi Corporation

AKESO

CHINA EB LTD

BEONE MEDICINES

BeOne Medicines

Beigene

REMEGEN

RemeGen

LINKLOGIS-W

Circle

The Hang Seng Index is approaching its highest level in nearly 3 years, with Chinese brokerage, insurance, and stablecoin concept stocks remaining hot!

$XTALPI(02228.HK) Southbound Stock Connect continues to increase holdings: 1,014,029,370    Percentage: 25.22%.  At the same time, CICC Securities' holdings continue to decrease: still holding 43,985,025 as of:  2025-05-20 Percentage 1.09. The overall trend is optimistic. Probably PICC has left. It's fine if they left. Under full circulation, this is a good thing.

MB-CICC@EC2609A(25905.HK)

In "Major Banks," CICC raised the target price of HSBC Holdings to HKD 170.8, with last quarter's performance exceeding expectations

Caixin: Document No. 42 emphasizes strict regulation of overseas RWA; CICC Hong Kong has contacted public blockchains and exchanges.

CICC Starts Suzhou Ribo Life Science at Outperform with HK$100 Price Target

CICC's Subsidiary Guaranteed With $1.40 Billion for Bond Issuance

KNOWLEDGE ATLAS once rose over 22% during the session, the company has hired a counseling agency for its listing on the Sci-Tech Innovation Board