研报掘金丨华泰证券：维持中信证券“买入”评级 龙头优势稳固且各业务持续向好

Core Viewpoint - Huatai Securities reports that CITIC Securities maintains a strong leading advantage, with continuous improvement across various business segments and comprehensive competitiveness ranking among the top in the industry [1] Group 1: Business Performance - CITIC Securities is expected to leverage its domestic customer base to enhance cross-regional product allocation capabilities, providing more comprehensive wealth management solutions for clients [1] - The company forecasts net profit attributable to shareholders for 2025, 2026, and 2027 to be 31.5 billion, 35.5 billion, and 39.1 billion yuan respectively, corresponding to earnings per share of 2.12 yuan, 2.39 yuan, and 2.64 yuan [1] Group 2: Market Outlook - The firm maintains a target price of 42.24 yuan for A-shares and 39.34 Hong Kong dollars for H-shares, considering the ongoing expansion trend, solid leading position, and the continuous upturn in the A-share market with active trading and new highs in margin financing [1]