XIAOMI-W
01810
MIXUE GROUP
02097
BABA-W
09988
4
BYD COMPANY
01211
5
TENCENT
00700
HK Stock MarketDetailed Quotes
06030 CITIC SEC
- 22.200
- +0.100+0.45%
Market Closed Mar 4 16:08 CST
329.02BMarket Cap14.04P/E (TTM)
22.350High21.700Low9.37MVolume21.800Open22.100Pre Close207.04MTurnover0.36%Turnover Ratio14.04P/E (Static)14.82BShares30.53852wk High1.14P/B58.17BFloat Cap10.07752wk Low0.78Dividend TTM2.62BShs Float32.717Historical High0.521Dividend LFY2.94%Amplitude6.547Historical Low22.084Avg Price500Lot Size3.53%Div YieldTTM2.35%Div Yield LFY
CITIC SEC News
CITIC Securities' Unit Issues $30 Million Medium-Term Bonds
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...
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...
Citic Securities Adjusts Price Target on Workday to $326 From $316, Keeps Buy Rating
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.
【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.
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...
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.
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.
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.
Citic Securities Upgrades Digital Realty Trust to Buy From Add, Adjusts Price Target to $201 From $190
CITIC SEC: A rebound in CH MODERN D's profits is expected, maintaining a "Buy" rating.
CITIC SEC today released a research report, maintaining a "Buy" rating on CH MODERN D (01117). CITIC SEC believes that improvements in Fodder costs will likely enhance CH MODERN D's gross margin, with profits expected to rebound significantly in 2025. Summary of CITIC SEC's core views: Cash flow performance is robust despite a significant decline in the company's Net income in 2024, mainly influenced by impairment of biological assets and goodwill; however, these impairments are all non-cash items and have no substantial impact on the company's cash flow. The company's cash EBITDA for 2024 is expected to reach 2.9 to 3.1 billion yuan (compared to 2.5 billion yuan in the same period of 2023.
Citic Securities, Guotai Junan Securities Among Banks Acting as Placing Agents for UBTECH Robotics
Citic Securities Adjusts Equinix Price Target to $1,031 From $980, Maintains Buy Rating
CITIC Securities Appoints Information Chief
CITIC SEC (06030.HK) has appointed a Chief Information Officer at SMI Vantage.
On February 19, Gelonghui announced that CITIC SEC (06030.HK) resolved at the Board of Directors' meeting on February 19, 2025, (i) to agree to appoint Fang Xing as the Chief Information Officer at SMI Vantage, with Fang Xing no longer serving as the Chief Information Officer of the company; and (ii) to authorize the company's operation management team to handle the related procedures for the aforementioned personnel change.
Sany Heavy Industry exclusively responded to the plan of going public in Hong Kong: the Board of Directors has not yet discussed it, and there are significant uncertainties in the process.
Sina Technology reported on February 19 that Sany Heavy Industry announced on the 18th that it is planning an overseas issuance of shares (Listed in Hong Kong) and listing on the Hong Kong Joint Exchange Limited. In addition, there are reports that Sany Heavy Industry intends to raise 1.5 billion USD (approximately 10.9 billion RMB) in Hong Kong, and has entrusted Bank of America, JPMorgan, and CITIC SEC to handle this listing plan, which is expected to take place in the second half of the year. On February 19, Sina Technology called Sany Heavy Industry's investor hotline to verify the authenticity of the aforementioned information, and the other party responded, "Currently, the listing in Hong Kong is still in the planning stage, the Board of Directors has not yet discussed it, and Shareholders..."
CLSA PREMIUM received a discount of approximately 33.57% from Beijing Tongrentang (Cayman) Limited for the full purchase offer.
CLSA PREMIUM (06877) and the offeror Beijing Tongrentang (Cayman) Ltd jointly announced that on February 18, 2025, the offeror completed the acquisition of approximately 0.813 billion shares from CITIC SEC International Ltd, accounting for 40% of the company's total issued share capital as of the date of this joint announcement, for a total consideration of 97.994 million Hong Kong dollars (equivalent to about 0.1205 Hong Kong dollars per share sold). Following the completion and as of the date of this joint announcement, the offeror and its concert parties (including the seller) own about 1.2 billion shares (approximately 59.03% of the company's total issued share capital).
Citic Securities, CMB International Among Banks Advising XtalPi on Share Placement
Citic Securities Downgrades Intel to Hold From Buy, Price Target Is $24