On August 21, CITIC rose 4.83% in regular trading, trading at HK$13.01/share, with turnover of HK$161 million. The rally was driven by a cluster of upbeat interim results disclosed by the company's major subsidiaries on the evening of August 20.

Among the highlights, CITIC Securities posted attributable net profit of 23.3 billion yuan for H1, surging 69.6% year-on-year, while total revenue and other income jumped 44% to 67.2 billion yuan. CITIC Securities also proposed an interim dividend of 0.427 yuan per share. CITIC Metal reported attributable net profit of 2.673 billion yuan, up 84.55% year-on-year, on revenue of 86.9 billion yuan that grew 36.53%. CITIC Special Steel delivered attributable net profit of 2.99 billion yuan, rising 6.85% year-on-year, and approved an interim cash dividend of 0.2 yuan per share totaling approximately 1.009 billion yuan.

Additionally, CITIC announced that its board will convene on August 28 to review group-level interim results and consider an interim dividend, with the broad-based subsidiary performance boosting market expectations for consolidated earnings.

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