Jin Rong Jie·2026-02-04 03:20Core Viewpoint - The A-share and Hong Kong stock markets have seen 24 listed brokerage firms disclose performance forecasts or reports, all of which are expected to achieve positive net profit growth by February 3, 2026 [1] Group 1: Performance Forecasts - CITIC Securities is expected to achieve a net profit of 30.051 billion yuan, leading among disclosed firms and being the only one projected to exceed 30 billion yuan [2][3] - Guotai Junan is anticipated to report a net profit between 27.533 billion and 28.006 billion yuan, reflecting a year-on-year growth of 111% to 115% [3] - Shenwan Hongyuan and China International Capital Corporation (CICC) are also expected to report net profits exceeding 10 billion yuan [3] Group 2: Growth Rates - Tianfeng Securities is projected to have the highest net profit growth rate at 621.73%, recovering from a loss the previous year [3] - Guolian Minsheng is expected to see a net profit increase of approximately 406%, while Xiangcai Securities anticipates a growth of 335.11% [3] - Several firms, including Guotai Junan, Changjiang Securities, and Huaxi Securities, are expected to report net profit growth exceeding 100% [3] Group 3: Market Conditions - Multiple brokerage firms noted that the increased activity in the capital markets and enhanced investor confidence have significantly boosted revenues across securities brokerage, investment banking, and proprietary trading segments [3]