Nan Fang Du Shi Bao·2025-08-28 12:21Core Insights - CITIC Securities reported a significant increase in both revenue and net profit for the first half of 2025, with revenue reaching RMB 10.74 billion, a year-on-year growth of 19.93%, and net profit attributable to shareholders at RMB 4.51 billion, up 57.77% [2][4][5] Financial Performance - The total revenue for the first half of 2025 was RMB 10,739,893,576.57, compared to RMB 8,954,999,182.41 in the same period last year, marking a 19.93% increase [4] - The net profit attributable to shareholders was RMB 4,508,536,107.40, up from RMB 2,857,677,144.16, reflecting a growth of 57.77% [4] - The total profit for the period was RMB 5,324,009,160.16, which is a 66.85% increase from the previous year [4] Business Segments - The investment banking segment generated revenue of RMB 1.12 billion, a 12.09% increase year-on-year [6][7] - The wealth management segment saw revenue of RMB 36.79 billion, growing by 29.05% [6][7] - The trading and institutional client services segment achieved revenue of RMB 46.74 billion, also up 29.05% [6][7] - The asset management segment reported revenue of RMB 6.41 billion, with a modest growth of 2.47% [6][7] Market Position - CITIC Securities completed 15 A-share equity financing projects during the reporting period, with a total underwriting amount of RMB 67.52 billion, ranking second in the industry [7][8] - In the domestic debt financing business, the company completed 230 underwriting projects with a total amount of RMB 779.65 billion, ranking third in the industry [8] - The wealth management business saw a significant increase in new clients, with 830,800 new accounts opened, a year-on-year growth of 12.98% [8]