Zheng Quan Shi Bao·2025-08-30 03:08Core Viewpoint - The performance of listed securities firms in the first half of the year shows significant growth, driven by self-operated business and a recovering stock market, with many firms reporting record profits and increased cash dividends [1][3]. Group 1: Financial Performance - 42 listed securities firms reported notable performance, with Guotai Junan and Haitong Securities merging, leading to a new top profit holder, with a net profit of 15.737 billion yuan [1]. - 10 firms achieved revenue exceeding 10 billion yuan, with CITIC Securities leading at 33.039 billion yuan [4]. - 9 firms reported over 100% growth in net profit, with Huaxi Securities and Guolian Minsheng showing increases of 1195% and 1185% respectively [2][4]. - 6 firms set historical records for net profit in the first half, including CITIC Securities with a net profit of 13.719 billion yuan, up 29.8% year-on-year [4][5]. Group 2: Business Segments - Self-operated business remains a key driver of high growth, with 36 firms reporting increased self-operated income, and CITIC Securities leading with 19.052 billion yuan, a 62.42% increase [7][8]. - Brokerage business also saw growth, with all firms reporting increased commission income, CITIC Securities again leading with 6.402 billion yuan [10]. - Wealth management and advisory services experienced significant growth, with firms like CITIC Jiantou reporting a 109.70% increase in advisory income [11]. Group 3: Dividend Distribution - 28 listed securities firms announced mid-year dividend plans for 2025, totaling 18.797 billion yuan, with 22 firms continuing to distribute dividends for the second consecutive year, an increase of 5.35 billion yuan compared to the previous year [1].