On July 21, CITIC Securities rose 3.29% in regular trading, trading at HK$28.24/share, with turnover of HK$57.36 million.

The rally is driven by the company's previously disclosed half-year earnings forecast showing estimated H1 net profit attributable to shareholders of RMB 23.343 billion, a 70.15% year-over-year increase, with non-recurring items excluded net profit reaching RMB 23.610 billion, up 73.40% YoY — both marking record highs since listing. The strong results come as 19 out of 21 listed brokerages have issued positive H1 profit alerts, with five forecasting net profit exceeding RMB 10 billion.

The broader brokerage sector rallied in tandem, with CSC up 2.82%, Guotai Junan International up 3.29%, CICC up 1.75%, HTSC up 1.42%, and GF Securities up 1.83%. Analysts note that robust mid-year earnings previews across the sector are expected to catalyze further opportunities, with current low valuations yet to reflect improved earnings growth.

(The above content is based on publicly available market information, generated by a program or algorithm, and is intended solely as a stock movement alert. It does not constitute investment advice or a basis for trading decisions.)