MBCITSE@EC2612A

CITIC Securities Maintains Profit Growth, JPMorgan Chase Securities Puts Up Future Outlook

Brokerage's Clearing Business Net Income Hits New High

G Sachs Raises CITIC Securities' Target Price and Upgrades Future Earnings Projections

UBS Raises Target Price for China CITIC Securities to HKD 36.8 and Maintains Buy Rating

CITIC Securities Report: DeepSeek-V4 Preview Release, Parameters Doubling and Leading Performance

CITIC Securities Q1 Net Profit Surges Past 10 Billion, East Money Continues High Growth

CITIC Securities: HSI Bull and Bear Street Positions Ratio and Changes

China Securities to Hold Extraordinary General Meeting to Deliberate on 2025 Annual Report and Dividend Distribution Plan

CITIC Securities Launches Its 2026 Corporate Value Enhancement Plan

CITIC Securities' Net Profit Grew by 54.60% in Q1 2026

CITIC Securities Displays Bull and Bear Warrant Street Inventory Distribution Data for Hang Seng Index

J.P. Morgan Raises Profit Forecast and Target Price for Citic Securities

CITIC Securities Reports Q1 Net Profit Over 10 Billion, Averaging 110 Million Daily

CITIC SEC to Release FY2026 Q1 Earnings on April 24 Pre-Market (BJT), Forecast Revenue HKD 23.44 B, EPS HKD 0.6015

APAC Investment Banking Fees and CITIC Securities Performance in Q1 2026

CITIC Securities reports a 54.60% YOY increase in Q1 net profit to RMB 10.216 billion

CITIC SEC released FY2026 Q1 earnings on April 9 Pre-Market (BJT), actual revenue HKD 26.25 B (forecast HKD 23.44 B), actual EPS HKD 0.7596 (forecast HKD 0.6015)

CITIC Securities: Updated Data on Hang Seng Bull and Bear Warrant Street Positions

CITIC Securities Sees Revenue and Net Profit Growth in 2025, Plans 7 Yuan Dividend Per 10 Shares

CITIC Securities Announces Annual Net Profit of 3.008 Billion Yuan

UBOT HOLDING

GOLDENPOWER

DEEPEXI TECH

COSMOS MACH

ASIA PIONEER

POLYFAIR HLDGS

ENTERPRISE DEV

INVESTECH HLDGS

HAO WEN HLDGS

RICH GOLDMAN

40162

600030

05612

06030

05384

512880

512000

159842

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.

AASTOCKS News

CITIC LTD N3002

CITIC Securities Co., Ltd.

CITIC LTD N4102

CITIC SEC

CITIC LTD N2702

Guotai CSI All Share Investment Banking & Brokerage ETF

Hwabao WP CSI All Share Investment Banking & Brokerage ETF

Yinhua CSI All Share Investment Banking & Brokerage ETF

BOCOM INTL

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

Citic Securities has maintained its forecast for a 25 basis point rate cut in the second half of the year, contingent on Kevin Warsh becoming the Federal Reserve Chairman. The report highlights the need to monitor the statements of the 12 voting members of the FOMC, indicating that the Fed's monetary policy direction is increasingly reliant on their voting balance, with less influence from the Fed Chair's speeches on market guidance than in the past.

CoinLive

Citic Securities Maintains Forecast for Fed Rate Cut Under Warsh

G Sachs has raised the target price for CITIC Securitiesfrom HKD28.13 to HKD29.95 while maintaining a Neutral rating on its H shares. The company reported a 1Q revenue of RMB23 billion and a net profit of RMB10 billion, showing YoY growth of 41% and 53%, respectively. G Sachs also increased its revenue and net profit forecasts for CITIC Securities for 2026 to 2028 by an average of 4% and 8%. The brokerage maintained a Buy rating on CITIC's A shares.

Goldman Sachs

GS Hldg R

G Sachs Raises CITIC Securities  TP to HKD29.95, Maintains Neutral Rating

UBS has raised the target price for CITIC Securitiesfrom HKD35.6 to HKD36.8, maintaining a Buy rating. The company's 1Q results showed operating revenue of RMB23.2 billion and a net profit of RMB10.2 billion, reflecting year-on-year growth of 41% and 55%, respectively. The performance is noted as one of the strongest in a decade, with significant increases in net brokerage, investment banking, and asset management incomes. UBS also adjusted its net profit forecasts for CITIC Securities for 2026-2028 upwards by 3% based on these results.

UBS Group AG

UBS Raises CITIC Securities  TP to HKD36.8; 1Q Results Outperform Peers

CITIC Securities Co reported strong Q1 2026 results, with an operating revenue of RMB23.16 billion and a net profit of RMB10.22 billion. The figures comply with China Accounting Standards and Shanghai Stock Exchange rules, ensuring transparency. The report, issued in both English and Chinese, has not been audited but affirms the reliability of the financials. The stock currently holds a Hold rating with a price target of HK$29.62. CITIC Securities is a leading Chinese securities firm providing various financial services.

Tip Ranks

CITIC Securities Posts Strong Q1 2026 Results With RMB10.22 Billion Profit

CITIC Securities Co has announced its 2026 Corporate Value and Return Enhancement Action Plan, transitioning from the “14th Five-Year Plan” to the “15th Five-Year Plan.” The firm aims to evolve into a top-tier investment bank by enhancing its capital markets services, focusing on green finance, and supporting technology firms. By 2025, CITIC expects total assets to exceed RMB2 trillion, with significant growth in revenue and net profit. The current analyst rating for CITIC Securities (HK:6030) is a Hold, with a price target of HK$29.62.

CITIC Securities Unveils 2026 Plan to Boost Value, Returns and Green Finance Focus

J.P. Morgan analyst maintained a Hold rating on CITIC Securities Co on April 19 and set a price target of HK$29.60.Claim 30% Off TipRanksUnlock hedge fund-level data and powerful investing tools for smarter, sharper decisions Discover top-performing stock ideas and upgrade to a portfolio of market leaders with Smart Investor Picks CITIC Securities Co has an analyst consensus of Moderate Buy, with a price target consensus of HK$31.64.

JPMorgan Chase

JPMORGAN CHASE & CO. 4.20% DEP SHS REPSTG 1/400TH PFD SER MM

JPMORGAN CHASE & CO. 6%NON CUM DEP SHS REP 1/400TH PFD SER EE

JPMORGAN CHASE & CO. DEP REP 1/400TH (5.75% NON CUM PFD DD)

JPMORGAN CHASE & CO. 4.625% DEP SH RE 1/400TH INT NO CU PF LL

JPMorgan Chase & Co.

JPMORGAN CHASE & CO. 4.55% DEP SHS REPSTG 1/400TH PFD SER JJ

JPMORGAN CHASE & CO. 4.75 DEP SHS REP 1/400 NCUM PFD SR GG

J.P. Morgan Remains a Hold on CITIC Securities Co (CIIHF)

601211

02611

Following Guosen Securities' release of its 2025 performance results, the ranking of the top ten securities firms has been reshuffled. CITIC SEC and GTHT have formed a "two super giants" pattern, with their combined revenue and net profit accounting for nearly 40% of the top ten. GF SEC saw its net profit rise to fourth place, while CMSC fell to sixth. Proprietary trading and brokerage services have become growth engines, with proprietary income among the top ten firms growing 33% year-on-year and brokerage fee income surging 48%. Looking ahead, internationalization and technology empowerment will be key to competition. Overall, the strength of leading brokerages continues to strengthen

- With Guosen Securities releasing its 2025 report, the rankings of the top ten securities firms have been finalized.  
- CITIC Securities and Guotai Junan dominate the industry, together accounting for nearly 40% of total revenue and net profit among the top ten, whose overall performance shows significant growth in proprietary trading and brokerage services.  
- Looking ahead, internationalization and technological empowerment are seen as key competitive areas for leading firms, as market dynamics shift towards a more concentrated landscape.

Wallstreetcn

Guotai Haitong

GTHT

GF SECURITIES

GUOSEN SECURITIES

CMSC

GF SEC

E Fund CSI Hongkong Bond Investment Theme ETF

Tianhong CSI All Share Investment Banking & Brokerage ETF

Guotai SSE 180 Finance ETF

HTSC

CICC

Shenwan Hongyuan

SWHY

Huatai Securities Co., Ltd. GDR Class A RegS

SWHYHK

Top Ten Brokerages Reshuffled! "Two Super Giants and Multiple Strong Players" Pattern Emerges, Two Business Lines Become Key Tracks

06656

SIGENERGY's public offering has recorded a preliminary oversubscription of 1,103 times, involving approximately CNY 490.7 billion, attracting 200,000 retail investors. The company plans to issue 13.5739 million H shares, with an offering price of CNY 324.2 per share, and a minimum investment amount of CNY 32,746.96 for 100 shares. The shares are expected to begin trading this Thursday (16th). CITIC Securities Co., Ltd. and BNP Paribas are the joint sponsors

AASTOCKS

SIGENERGY

According to reports, SIGENERGY was initially oversubscribed by 1,103 times, with 200,000 retail investors participating

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

GUOTAI JUNAN I

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!

MBCITSE@EC2612A(28876.HK)

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

Citic Securities Maintains Forecast for Fed Rate Cut Under Warsh

G Sachs Raises CITIC Securities TP to HKD29.95, Maintains Neutral Rating

UBS Raises CITIC Securities TP to HKD36.8; 1Q Results Outperform Peers

CITIC Securities Posts Strong Q1 2026 Results With RMB10.22 Billion Profit