Zheng Quan Ri Bao Zhi Sheng·2025-09-02 16:39Core Viewpoint - The article highlights the significant growth of international business for Chinese securities firms, driven by the ongoing high-level opening of China's capital markets and the increasing importance of overseas markets for business expansion and performance enhancement [1] Group 1: International Business Growth - In the first half of 2025, 12 out of 15 A-share listed securities firms reported over 10% year-on-year growth in overseas business revenue [1] - Leading firms like CICC achieved overseas business revenue of 4.024 billion yuan, a year-on-year increase of 75.66% [2] - Smaller firms such as Guoyuan Securities also showed rapid growth, with international business revenue reaching 178 million yuan, up 65.05% year-on-year [2] Group 2: Performance of International Subsidiaries - Major securities firms' international subsidiaries reported impressive results, with CITIC Securities International generating revenue of 1.492 billion USD, a 52.8% increase year-on-year, and a net profit of 387 million USD, up 65.85% [2] - Huatai International's net profit was 1.145 billion HKD, reflecting a year-on-year growth of 25.55% [2] - Guotai Junan International achieved revenue of 2.825 billion HKD, a 30% increase, with net profit soaring by 182.05% to 550 million HKD [2] Group 3: Expansion of Overseas Networks - Chinese securities firms are accelerating their overseas expansion to enhance international competitiveness, with several firms planning to establish international subsidiaries [3] - First Capital plans to invest up to 500 million HKD to set up a wholly-owned subsidiary in Hong Kong for regulated financial activities [3] - Western Securities announced plans to invest the equivalent of 1 billion RMB to establish a wholly-owned subsidiary in Hong Kong to support international business development [3] Group 4: Future Strategies - CITIC Securities aims to strengthen integrated management between domestic and international operations, focusing on a multi-product, multi-channel, and multi-scenario strategy for overseas business growth [4] - Huatai Securities plans to enhance its cross-border integrated financial service system to support the internationalization of more outstanding Chinese enterprises [4] - The article suggests that innovative and niche business areas, such as green finance and digital asset trading, are expected to provide significant opportunities for securities firms in overseas markets [5]