CITIC SEC (06030.HK) will hold a Board of Directors meeting on March 26 to approve the annual performance.

Gelonghui reported on March 11 that CITIC SEC (06030.HK) announced that a Board of Directors meeting will be held on March 26, 2025, to consider and approve the audited financial results of the company and its subsidiaries for the year ending December 31, 2024, as well as the proposal for the final dividend distribution.

Gelonghui FinanceMar 11 04:50 ET

CITIC SEC: NOTIFICATION OF BOARD MEETING

HKEXMar 11 04:38 ET · Announcements

CITIC SEC (06030) provides guarantees for two notes totaling 1.25 billion yuan issued by CS MTN under the commercial paper program.

CITIC SEC (06030) announced that the company's wholly-owned subsidiary CITIC SEC International's affiliated company CS M...

Zhitong FinanceMar 10 06:43 ET

Chixia Development Issues 360 Million Yuan Medium-Term Bonds

MT NewswiresMar 7 00:49 ET

Goldman Sachs: Raised the forecast for the average daily trading volume growth of A-shares for the year, upgrading China International Capital Corporation, CITIC SEC, and GF SEC.

Goldman Sachs released a research report stating that according to new forecasts, the target prices for CSI All Share SEC A shares and Listed in Hong Kong shares have been raised by an average of 11% and 13% respectively. The target price for China International Capital Corporation (03908/Buy) is set at HKD 16.47, for CITIC SEC (06030/Neutral) is HKD 20.68, and for GF SEC (01776/Neutral) is HKD 11.18. From the beginning of the year to date, the average ROI for China International Capital Corporation, CITIC SEC, and GF SEC for A shares and H shares has only been negative 3% and positive 6% respectively. It is believed that there is still significant upward potential, with the expected average upward potential for the three covered brokers' A shares and H shares at 18% respectively.

Sina Hong Kong StocksMar 6 23:14 ET

CITIC SEC: Maintain Buy rating on Xpeng Autos-W; model cycle and profit improvement resonate.

CITIC SEC released a Research Report stating that it maintains a "Buy" rating for XPeng Motors-W (09868). In February 2025, XPeng Motors delivered 30,453 new cars, a year-on-year increase of 570%, ranking first among new energy vehicle companies in terms of delivery volume for February. XPeng's cumulative deliveries from January to February 2025 reached 0.0608 million vehicles, a year-on-year increase of 375%, demonstrating stability beyond seasonal fluctuations. The report mentions that the strong deliveries in Q1 2025 are backed by comprehensive improvements in the company's organizational capabilities, and in 2025, XPeng's model cycle and profitability enhancements will resonate, with smart driving features accelerating implementation.

Sina Hong Kong StocksMar 6 21:29 ET

Individual Investors Account for 54% of CITIC Securities Company Limited's (SHSE:600030) Ownership, While Private Companies Account for 20%

Simply Wall StMar 5 01:09 ET

Hong Kong stock movement | China-Affiliated Brokerage stocks surged in the morning, China Galaxy (06881) rose over 6%, and China International Capital Corporation (03908) rose over 4%.

China-Affiliated Brokerage stocks rose in the morning. As of the time of writing, China Galaxy (06881) increased by 6.08%, priced at 8.38 Hong Kong dollars; China International Capital Corporation (03908) rose by 4.2%, priced at 15.38 Hong Kong dollars; China Merchants (06099) climbed by 3.31%, priced at 14.96 Hong Kong dollars; CITIC SEC (06030) increased by 2.48%, priced at 22.75 Hong Kong dollars.

Zhitong FinanceMar 4 22:27 ET

CITIC SEC: Maintain XINYI ENERGY 'Buy' rating with a Target Price of 1.20 HKD.

CITIC SEC released a Research Report stating that it maintains a "Buy" rating for XINYI ENERGY (03868) with a Target Price of 1.20 HKD. The company’s Net income for the years 2025 to 2027 is expected to be 0.95/1.01/1.12 billion yuan, respectively. In 2024, the company’s Net income is projected to be 0.79 billion yuan, reflecting a 12.0% year-on-year decline, mainly due to an increase in the abandonment rate and the expansion of market trading ratios, which have negatively impacted overall electricity price levels. Additionally, during the process of replacing RMB loans, substantial dividends from subsidiaries resulted in withholding tax, which also burdens the performance. Looking ahead to 2025, a reduction in financing costs and disturbances from withholding tax are anticipated.

Sina Hong Kong Stock.Mar 4 21:46 ET

CITIC Securities' Unit Issues $30 Million Medium-Term Bonds

MT NewswiresMar 3 23:51 ET

CITIC SEC (06030): CITIC SEC International provides a guarantee for the 30 million dollar notes issued by CSI MTN Limited.

CITIC SEC (06030) announced that its wholly-owned overseas subsidiary, CITIC SEC International's affiliated company CSI M...

Zhitong FinanceMar 3 04:52 ET

The pilot program for insurance funds to invest in Gold has started, bringing new demand to the Gold market.

Recently, the National Financial Supervision Administration issued a notice on conducting pilot projects for Insurance funds investment in Gold, clarifying that 10 pilot insurance companies can engage in Gold investment pilot projects for the purpose of medium- and long-term Asset allocation. Analysts believe that from a necessity standpoint, Institutions engaging in Gold investment can, on one hand, enrich Insurance investment portfolios, diversify investment risks, and stabilize investment returns, which is beneficial in addressing the challenges posed by a low-interest-rate environment on Asset allocation; and on the other hand, it is conducive to improving the liquidity of the domestic Gold trading market, indirectly creating favorable conditions for the internationalization of the renminbi. Regarding feasibility, the good liquidity of the Gold market in China...

Sina FuturesMar 3 01:07 ET

Citic Securities Adjusts Price Target on Workday to $326 From $316, Keeps Buy Rating

MT NewswiresFeb 28 10:28 ET · Ratings

Hong Kong stocks movement | China-Affiliated Brokerage stocks decline has widened. Citigroup states that the merger of Foshan Golden Milky Way Intelligent Equipment is difficult to implement in the short term. Institutions are bullish on the sequential im

China-Affiliated Brokerage stocks saw an expanded decline in the late trading session. As of the time of writing, SWHY (06806) is down 7.09%, at 2.36 HKD; CITIC SEC (06030) is down 6.14%, at 22.15 HKD; China Merchants (06099) is down 5.89%, at 14.38 HKD; CSC (06066) is down 5.34%, at 9.75 HKD.

Zhitong FinanceFeb 28 02:30 ET

【Brokerage Focus】GTJA: The Brokerage Sector is expected to see a double increase in profitability and valuation.

Jinwu Financial News | GTJA indicates that the recovery and improvement of the Capital Markets, combined with a low base, is expected to lead to better-than-expected fundamental improvements. In 2025, the new 'Nine Policies' will serve as the core of the '1+N' policy framework, entering a period of implementation overall, with a clear policy framework for medium- and long-term funds entering the market. More incremental policies are expected to be continuously introduced, leading to a sustained recovery and improvement in the Capital Markets, which is bullish for the fundamental and valuation repair of the Brokerage Sector. In the first quarter of 2024, extreme market volatility impacted the profitability of the Brokerage's investment business, leading to pressure on the Sector's earnings. From the current point of view, the recovery and improvement of the Capital Markets are expected to drive growth in retail and institutional business for Brokerages, bringing positive outcomes.

Jinwu Financial NewsFeb 27 20:08 ET

CITIC SEC (06030): CITIC SEC International provides a guarantee for the 10 million US dollar notes issued by CSI MTN Limited.

CITIC SEC (06030) announced that its wholly-owned overseas subsidiary, CITIC SEC International's affiliated company CSI M...

Zhitong FinanceFeb 27 04:29 ET

CITIC SEC: Maintains Baidu Group-SW "Buy" rating, expects the company's AI-related revenue to continue to increase.

CITIC SEC released a Research Report stating that it maintains a "Buy" rating for Baidu Group-SW (09888). The firm claims that the company's overall valuation remains remarkably attractive, continuing to be bullish on the sustained recovery of the company's fundamentals, the incremental opportunities brought by AI, autonomous driving, and other businesses, as well as the ongoing cost reduction and efficiency improvement processes, which are expected to lead to significant performance improvement by 2025. CITIC pointed out that the company's performance in Q4 2024 is overall better than expected, with cloud business performance exceeding expectations, and Baidu Core's operating margin demonstrating resilience under optimized operational efficiency. In the medium term, with AI enabling multiple business lines, the cloud business focuses on scenarios and cost optimization.

Sina Hong Kong stocksFeb 26 21:24 ET

CITIC SEC: Maintains MEITUAN-W "Buy" rating; paying social insurance for riders enhances competitiveness.

CITIC SEC released a Research Report stating that MEITUAN-W (03690) has been very proactive in investing in and applying new technology. This wave of technological innovation is more beneficial for leading enterprises in various segments to enhance their competitiveness, maintaining a "Buy" rating. It is expected that in Q4 2024, MEITUAN's overall revenue will be 87.78 billion yuan, +19.1% year-on-year, with operating profit at 9.1 billion yuan, +417.3% year-on-year (including on-demand delivery 6.6 billion yuan, +42.2% year-on-year, in-store 5.05 billion yuan, +49.6% year-on-year, new business -2.11 billion yuan, significantly decreased losses year-on-year), with adjusted Net income of 10.42 billion yuan year-on-year.

Sina Hong Kong Stock.Feb 24 21:19 ET

CITIC SEC: Initiates a "Buy" rating for GUANGDONG INV with a Target Price of 8.00 HKD.

CITIC SEC released a Research Report stating that it is initiating coverage on GUANGDONG INV (00270) with a "Buy" rating and a Target Price of HKD 8.00. The company's core Business in the water resource Sector has strong operational stability, and the real estate and property Sector has fully provided for impairments in 2023. Starting from 2024, the company's performance is expected to return to an upward cycle. The bank noted that considering the possible contraction in capital expenditure and the need to reserve funds for the renewal of the new round of the Dongshen water supply project, the company still has a high dividend payout capability, with expected dividend yields of 6.6%/7.0%/7.4% for 2024-2026; divesting the real estate development Business to enhance its utility properties.

Sina Hong Kong stocksFeb 20 21:26 ET

Citic Securities Upgrades Digital Realty Trust to Buy From Add, Adjusts Price Target to $201 From $190

MT NewswiresFeb 20 07:22 ET · Ratings