Group 1 - Guolian Minsheng (01456) expects a net profit of RMB 1.129 billion for the first half of 2025, representing a year-on-year increase of approximately 1183% [1] - NIO-SW (09866) saw a rise of over 10% as its sub-brand, Lido, officially launched pre-sales for its new model L90, priced starting at RMB 279,900, which is competitive against similar models [1] - China CNR (01766) rose over 7% following a profit warning, with the rail transit equipment industry showing high demand and Q2 performance exceeding expectations [1] Group 2 - Coal stocks experienced a broad increase, with companies like China Qinfa (00866) and China Shenhua (01088) rising over 4%, driven by strong coal prices amid high temperatures [1] - Zijin Mining (02899) saw a rise of 1.5%, with expected net profit growth of about 54% year-on-year for the first half of the year, although short-term impacts from copper tariffs are anticipated [1] Group 3 - WanGuo Data-SW (09698) increased over 6% after its REIT completed offline inquiries with a subscription multiple of 166 times, indicating significant valuation potential [2] - Hengrui Medicine (01276) rose over 4%, reaching a new high, with expectations that its performance and business development will act as key catalysts [2] - China Shipbuilding Defense (00317) increased over 5% as the merger of two shipbuilding companies approaches completion, with Q2 performance exceeding expectations [2] Group 4 - Bitcoin-related stocks saw significant gains, with Bit Origin (BTOG.US) rising 51.72% and SharpLink Gaming (SBET.US) increasing 17.15%, driven by a surge in Bitcoin prices [3] - Gold stocks strengthened amid geopolitical tensions, with Gold ETF (GLD.US) rising 0.96% and Barrick Mining (B.US) increasing 0.71% [3] Group 5 - British Petroleum (BP.US) rose 3.55% as the company anticipates an increase in Q2 oil production and strong trading performance [7] - Huami Technology (ZEPP.US) surged over 69%, projecting a 30% revenue growth for Q2, marking its first growth in three years [7]

港股部分中资券商股走强，国联民生(01456.HK)盘中一度涨超30%，现涨超20%，兴证国际(06058.HK) 涨超7%。 ...

Core Insights - The performance forecast for the brokerage industry in the first half of 2025 shows significant growth, with ten brokerages announcing positive earnings expectations, indicating a robust recovery in the sector [1] Group 1: Earnings Forecasts - A total of ten brokerages have announced earnings growth, with the smallest increase being 45% [1] - Guolian Securities and Huaxi Securities reported growth rates exceeding tenfold, with Guolian Minsheng's net profit increasing by 1183% and Huaxi Securities' growth ranging from 1025.2% to 1353.9% [1] - Other notable increases include: - Haitou Co., Ltd.: 233.1% - Guojin Securities: 140% to 150% - Changcheng Securities: 85% to 95% - Guoxin Securities: 52% to 76% - Hongta Securities: 45% to 55% - Caida Securities: 51% to 68% - Hualin Securities: 118.98% to 183.9% - Hu'an Securities: 44.94% - Guosheng Securities: 109.5% [1]

Core Insights - Guolian Minsheng Securities (601456) reported a significant increase in stock price, closing at 11.05 CNY, up 8.02% from the previous week [1] - The company anticipates a substantial rise in net profit for the first half of 2025, projecting approximately 1.129 billion CNY, representing a year-on-year growth of around 1183% [2][4] Performance Highlights - The company expects to achieve a net profit attributable to shareholders of approximately 1.129 billion CNY for the first half of 2025, an increase of 1.041 billion CNY compared to the same period last year [3] - The projected net profit after deducting non-recurring gains and losses is about 1.113 billion CNY, reflecting a year-on-year increase of 1.036 billion CNY [3] Business Development - The significant growth in performance is attributed to the company's active exploration of the integration of technology, finance, and industry, as well as the orderly advancement of the integration with Minsheng Securities [3][4] - The company has seen notable growth across its business lines, including securities investment, wealth management, and investment banking [3]

Market Overview - The market atmosphere is positive with US stocks rising and A-shares showing strength, while Hong Kong stocks experienced a slight pullback due to bank stocks [1] - The market is less concerned about tariffs as outcomes are continuously delayed or modified, with a recent report indicating that the US plans to expand copper import tariffs to include semi-finished products [1] Investment Opportunities - Goldman Sachs has raised its forecast for Asian stock markets, citing a more favorable macro environment and increased certainty in tariff policies, raising the MSCI Asia Pacific index target by 3% to 700 points, indicating a potential 9% return [2] - The China Securities Association has released new measures to enhance self-regulation and promote high-quality development in the securities industry, which may open new revenue channels for brokerages [2] Securities Industry Performance - The securities industry is experiencing a surge in performance, with a significant increase in IPO applications in the first half of the year, totaling 177 applications, a 510.3% increase year-on-year [3] - Smaller securities firms are seeing substantial gains, with companies like Zhongzhou Securities and Guolian Minsheng rising over 47% and 15% respectively [3] Insurance Sector Developments - The Ministry of Finance has issued a notice to optimize performance assessments for state-owned insurance companies, allowing for a more flexible investment strategy that could lead to increased A-share investments [4] - Major insurance companies like Sunshine Insurance and China Pacific Insurance have seen stock price increases following this announcement [4] CXO Sector Growth - WuXi AppTec reported a revenue of approximately RMB 20.8 billion for the first half of the year, a year-on-year increase of about 20.64%, with a projected annual revenue of RMB 41.5 billion to RMB 43 billion [5] - Other companies in the CXO sector, such as Kanglong Huacheng and WuXi Biologics, also reported significant stock price increases [6] Semiconductor Industry Insights - The domestic photolithography machine sector is witnessing positive changes, with advancements in immersion DUV and i-line technology, indicating a strong demand for domestic production [8] - Companies like SMIC and Hua Hong Semiconductor are positioned to benefit from the growing domestic semiconductor market [9] Shipping Industry Developments - Derxiang Shipping reported a 38.5% increase in revenue for the first quarter, driven by a rise in average freight rates [10] - The company is expanding its service network and has plans for new vessel orders, enhancing its competitive position in the market [12]

Core Viewpoint - Seven brokerage firms have reported significant profit increases for the first half of the year, with notable growth from Guolian Securities and Huaxi Securities, both exceeding a tenfold increase in net profit [1] Group 1: Company Performance - Guolian Securities achieved a net profit attributable to shareholders of 1.129 billion yuan, representing a year-on-year increase of approximately 1183% [1] - Huaxi Securities is expected to report a net profit attributable to shareholders between 445 million and 575 million yuan, with a year-on-year growth ranging from 1025.19% to 1353.90% [1] - Other brokerage firms reported the following net profits: - Hongta Securities: 651 million to 696 million yuan (+45% to 55%) [1] - Caida Securities: 363 million to 404 million yuan (+51% to 68%) [1] - Hatou Co.: 380 million yuan (+233.1%) [1] - Hualin Securities: 270 million to 350 million yuan (+118.98% to 183.86%) [1] - Guosheng Securities: 243 million yuan (+109.48%) [1]

香港交易及結算所有限公司及香港聯合交易所有限公司對本公告的內容概不負責， 對其準確性或完整性亦不發表任何聲明，並明確表示，概不就因本公告全部或任何 部分內容而產生或因倚賴該等內容而引致的任何損失承擔任何責任。 （股份代號：01456） （於中華人民共和國成立的股份有限公司） 2025年半年度業績預增公告 本公告乃國聯民生證券股份有限公司（「本公司」）根據香港聯合交易所有限公司證券 上市規則（「上市規則」）第13.09條及第13.10B條及《證券及期貨條例》（香港法例第571 章）第XIVA部項下內幕消息條文（定義見上市規則）作出。 一、本期業績預告情況 （一）業績預告期間 2025年1月1日至2025年6月30日。 （二）業績預告情況 經本公司財務部門初步測算，預計2025年半年度實現歸屬於母公司所有者 的淨利潤人民幣11.29億元，與上年同期（法定披露數據）相比，將增加人民 幣10.41億元，同比增長1,183%左右。 1 預計2025年半年度實現歸屬於母公司所有者的扣除非經常性損益的淨利 潤人民幣11.13億元，與上年同期（法定披露數據）相比，將增加人民幣10.36 億元，同比增長1,345%左右。 （二 ...

证券代码：601456 证券简称：国联民生 公告编号：2025-039 号 本公司董事会及全体董事保证本公告内容不存在任何虚假记载、误导性陈 述或者重大遗漏，并对其内容的真实性、准确性和完整性承担法律责任。 重要内容提示： 一、本期业绩预告情况 （一）业绩预告期间 2025 年 1 月 1 日至 2025 年 6 月 30 日。 （二）业绩预告情况 经公司财务部门初步测算，预计 2025 年半年度实现归属于母公司所有者的 净利润人民币 11.29 亿元，与上年同期（法定披露数据）相比，将增加人民币 10.41 亿元，同比增长 1183%左右。 预计 2025 年半年度实现归属于母公司所有者的扣除非经常性损益的净利润 人民币 11.13 亿元，与上年同期（法定披露数据）相比，将增加人民币 10.36 亿 元，同比增长 1345%左右。 国联民生证券股份有限公司 2025 年半年度业绩预增公告 1 业绩预告的具体适用情形：实现盈利，且净利润与上年同期相比上升 50%以上。 国联民生证券股份有限公司（以下简称"公司"）预计 2025 年半年度 实现归属于母公司所有者的净利润人民币 11.29 亿元，与上年同期（法 ...

Market Performance - Today, Hong Kong stocks showed significant movements with various companies experiencing notable gains, including Now Medical Technology (02225) which rose over 5% after a partnership with David Medical to develop "Minimally Invasive 5.0" technology [1] - Semiconductor stocks also saw an uptick, with Huahong Semiconductor (01347) increasing by 4.12%, and SMIC (01347) rising by 3.11% [1][2] - Hong Kong Travel (00308) surged over 14%, doubling its stock price in less than a month, driven by speculation in the tourism industry [1] - Meituan-W (03690) rose over 3% as it led an investment in Star Sea Map, furthering its focus on embodied intelligence [1] - The insurance sector saw broad gains, with China Pacific Insurance (02601) up 4.88% and China Life Insurance (02318) increasing by 3.19% [1] Company-Specific Developments - Alibaba-W (09988) increased over 3%, although its investment in instant retail and delivery services may impact profitability, according to HSBC [2] - Qian Shi International (00381) skyrocketed by over 55% due to a proposed digital economy collaboration involving a stablecoin mechanism [2] - Stablecoin-related stocks rose, with Guotai Junan International (01788) up 9.13% and China Everbright Holdings (00165) increasing by 4.83% [2] - Yadi Holdings (01585) gained over 4% following the announcement of a new electric vehicle replacement program [3] - WuXi AppTec (02359) opened nearly 5% higher after announcing expected revenue exceeding 20 billion yuan and a projected doubling of net profit [3] Industry Trends - The electric vehicle sector is expected to see growth due to a new replacement program, which could accelerate industry expansion [3] - The rare earth sector is also experiencing upward momentum, with Jinli Permanent Magnet (06680) rising over 5% after major players announced price increases [3] - The biotechnology sector is witnessing positive developments, with Xiansheng Pharmaceutical (02096) gaining over 3% after a collaboration with Conade Biopharmaceuticals [2][3]

Group 1 - Chinese brokerage stocks in the Hong Kong market have shown strong performance, with notable increases in share prices [1] - Zhongzhou Securities (01375.HK) has surged by 64.65%, indicating significant investor interest [1] - Other brokerage firms also experienced substantial gains, including Guolian Minsheng (01456.HK) up by 25.81%, Xingsheng International (06058.HK) up by 17.89%, and Hongye Futures (03678.HK) up by 15.15% [1]