CITIC SEC (06030): CITIC SEC International provides guarantees for the issuance of 62.3 million US dollars medium-term notes by CSI MTN Limited.
CITIC Securities (06030) announced that its overseas wholly-owned subsidiary, CITIC Securities International's affiliate CSI M...
[Brokerage Focus] Goldman Sachs maintains a 'Neutral' rating on CITIC SEC (06030) Listed in Hong Kong, expecting Net income to exceed expectations possibly due to cost control.
Goldman Sachs published a research report indicating that CITIC SEC (06030) released preliminary results for the fiscal year 2024, with revenue/net income of 64 billion yuan/22 billion yuan, representing a year-on-year growth of 6%/10%, which is roughly in line with the bank's expectations. Based on this, it is estimated that the revenue/net income for the fourth quarter of 2024 will be 18 billion yuan/5 billion yuan, which is 6% lower and 8% higher than Goldman Sachs' expectations, respectively. Among these, revenue saw a quarter-on-quarter/year-on-year growth of 11%/24%, while profit declined by -21%/increased by 48% year-on-year. The improvement in revenue growth quarter-on-quarter is attributed to a series of stimulus policies that enhanced market activity; however, each business line...
Gelonghui Announcement Highlights (Hong Kong Stocks) | CITIC SEC (06030.HK) Performance Report: In 2024, the net income attributable to the parent company reached 21.704 billion yuan, an increase of 10.06% year-on-year.
【Today’s Focus】CITIC SEC (06030.HK) Earnings Fast Report: Net income attributable to shareholders for 2024 is 21.704 billion yuan, a year-on-year increase of 10.06%. CITIC SEC (06030.HK) released its 2024 annual earnings fast report, stating that the company continues to enhance the quality and efficiency of its services to the real economy, accelerates the construction of a first-class investment bank and investment institutions, prioritizes "functionality", solidly executes the "five major articles" of finance, and provides high-quality services for new productive forces and resident wealth management, with various businesses developing steadily. In 2024, the group achieved a revenue of 63.789 billion yuan, year-on-year.
CITIC Securities' Attributable Profit Jumps 10% in 2024
GTJA listed Brokerage performance outlook for 2024: Reform implementation shows results, significant improvement in performance.
The reform of Capital Markets and the promotion of innovative financial instruments encourage Institutions to continuously enter the market, suggesting Shareholding in Brokerages that are expected to enhance their business advantages through mergers and acquisitions.
CITIC Securities Unit Issues $15 Million Medium-Term Bonds; CITIC's HK Shares Up 5%
Scantech Plans Up to 569 Million Yuan Shanghai IPO
CITIC SEC (06030): CITIC SEC International provides guarantees for the issuance of $5 million medium-term notes by CSI MTN Limited.
CITIC SEC (06030) announced that its wholly-owned overseas subsidiary CITIC SEC International's affiliated company CSI ...
Hong Kong stocks closed (01.02) | The Hang Seng Index fell by 2.18% while the Golden Industrial Concept rose against the trend. Semiconductors and the large financial Sector had the largest declines.
The Hong Kong stock market had a poor start in 2025, with all three major indices declining, each dropping more than 2%. The Hang Seng Index once again fell below the 20,000 mark, and the Hang Seng China Enterprises Index at one point dropped over 3% in the afternoon.
Hong Kong stocks are moving differently | China-Affiliated Brokerage stocks are declining across the board, with A-share financing scale in 2024 reduced by more than 80%, and Brokerage investment banking Business significantly decreased.
China-Affiliated Brokerage stocks are all declining. As of the time of writing, CITIC SEC (06030) is down 5.85%, at 20.1 HKD; Guolian (01456) is down 5.21%, at 4.37 HKD; CSC (06066) is down 5.4%, at 9.29 HKD; China Merchants (06099) is down 5.25%, at 15.18 HKD.
Caitong's investment strategy for the Brokerage Industry in 2025: Market beta drives a comprehensive recovery across all Business lines.
Under the demand for building a "financial powerhouse," the Huaan CSI All Share Investment Banking & industry welcomes the strategic opportunity to establish a "first-class investment bank."
Suzhou Sepax Technologies to Offer Nearly 50 Million Shares in Shanghai IPO
CITIC SEC (06030): CITIC SEC International provides guarantees for the issuance of 26 million US dollars in medium-term notes by CSI MTN Limited.
CITIC SEC (06030) released an announcement that the company's wholly-owned Overseas subsidiary, CITIC SEC International, has a subsidiary CSI ...
Hong Kong stock movement | China-Affiliated Brokerage stocks continued to decline in the afternoon, with increased market volatility dragging down the Sector performance. Citibank stated that Brokerage stock prices may have peaked.
China-Affiliated Brokerage stocks continued to decline in the afternoon. As of the time of this report, Guolian (01456) fell by 3.48% to 4.71 HKD; China Merchants (06099) fell by 3.33% to 15.7 HKD; CITIC SEC (06030) fell by 2.48% to 21.65 HKD; CSC (06066) fell by 1.92% to 10.2 HKD.
Hong Kong stocks are fluctuating | China-Affiliated Brokerage stocks are all declining, Guolian (01456) is down nearly 5%, CITIC SEC (06030) is down nearly 4%.
China-Affiliated Brokerage stocks declined across the board. As of the time of writing, Guolian Securities (01456) fell 4.91% to 4.84 HKD; CITIC SEC (06030) dropped 3.87% to 22.35 HKD; GF SEC (01776) decreased 3.51% to 10.98 HKD.
CITIC SEC (06030): Zhou Yingguang serves as Director.
CITIC SEC (06030) announced that Mr. Zou Yingguang officially serves as the company's Executive Director from the date of publication of this announcement.
Air China Cargo to Launch Shenzhen IPO
Sinolink: With the dual benefit of policy bullish and warming funds, the Brokerage sector is expected to see an increase in both valuation and performance.
Sinolink released a Research Report stating that looking ahead to 2025, liquidity is expected to further ease, enhancing market stability and building a solid market bottom. The improvement in economic fundamentals is confirmed, and the stock market is likely to rise further, which is Bullish for the valuation and performance of the Brokerage Sector.
Morgan Stanley: Maintains CITIC SEC (06030) "In line with the market" rating, Target Price 21.2 Hong Kong dollars.
Morgan Stanley believes that citic sec (06030) stock price will rise in the next 30 days.
Hong Kong stocks fluctuate | China-affiliated brokerage stocks rise broadly in early trading. Key meetings further clarify the stability of the stock market, with bullish trends in both stocks and bonds benefiting the brokerage sector.
China-affiliated brokerage stocks rose broadly in the morning session. As of the time of writing, gf sec (01776) rose 4.31%, trading at 12.1 HKD; swhy (03678) rose 3.8%, trading at 3.28 HKD; htsc (06886) rose 2.92%, trading at 14.8 HKD; china merchants (06099) rose 1.67%, trading at 18.28 HKD.