Huan Qiu Wang·2025-08-31 01:58Core Insights - The performance of 42 listed securities firms in the first half of the year showed significant highlights, with Guotai Junan's net profit reaching 15.737 billion yuan, ranking first, while CITIC Securities maintained the top position in revenue with 33.039 billion yuan [1][3] - The growth in investment income and increased market activity were identified as key drivers for CITIC Securities' performance, alongside a recovery in investment banking business [1] - A total of 10 listed securities firms reported revenues exceeding 10 billion yuan, with notable growth in net profits for 9 firms, including Huaxi Securities and Guolian Minsheng, which saw increases of over 1000% [1][3] Revenue and Profit Performance - CITIC Securities reported a net profit of 13.719 billion yuan, a year-on-year increase of 29.8%, while China Galaxy's net profit reached 6.488 billion yuan, growing by 47.86% [3] - 10 listed securities firms achieved net profits that were over 80% of their total from the previous year, with some firms exceeding their entire last year's performance [3] Self-Operated Business Growth - Self-operated income for 36 listed securities firms increased year-on-year, with only 6 firms reporting a decline; CITIC Securities led with 19.052 billion yuan in self-operated income, a 62.42% increase [3] - Longjiang Securities reported a remarkable increase of over 600% in self-operated income, reaching 1.479 billion yuan [3] Brokerage Business Expansion - All listed securities firms experienced growth in net income from brokerage fees, with CITIC Securities leading at 6.402 billion yuan, followed by Guotai Junan at 5.733 billion yuan [3] - New client acquisition was significant, with CITIC Jianan adding 830,800 new clients (up 12.98%), Everbright Securities with 435,000 new clients (up 49%), and Dongwu Securities with 309,100 new clients (up 147.88%) [3] Dividend Distribution - Listed securities firms are increasingly proactive in cash dividends, with 28 firms disclosing mid-term dividend plans for 2025, totaling 18.797 billion yuan, and 22 firms maintaining dividends for the second consecutive year, increasing the total dividend amount by 5.35 billion yuan compared to the previous year [3]