On June 29, CITIC Securities rose 3.69% in regular trading, trading at 27.06 HKD/share, with turnover of approximately 83.84 million HKD.

The brokerage sector staged a broad-based rebound following consecutive declines from June 24 to 26. Peers including China Merchants Securities gained 3.07%, CICC rose 3.01%, and CSC Financial climbed 1.84%, reflecting a sector-wide recovery pattern. The prior correction was triggered by a sustained pullback in global risk appetite, which pressured brokerage stocks — CITIC Securities HK shares had fallen over 3% on June 24 and another 3.09% on June 26.

Industry fundamentals remain supportive. Listed brokerages posted aggregate revenue of 151.13 billion yuan in Q1, up 31.4% year-over-year, with net profit rising 16.5%. Analysts have noted the sector is in a window where strong earnings growth, low valuations, and accelerating structural trends converge, reinforcing repair momentum following the technical pullback.

(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.)