Goldman Sachs released a research report stating that GF SEC (01776) reported Q3 revenue and net profit of RMB 11 billion and RMB 5 billion, representing year-on-year growth of 46% and 76%, respectively, significantly outperforming the bank's expectations of 18% and 23%. The bank anticipates investors will focus on the growth drivers of the company's asset management business, investment income prospects, financial asset allocation strategies, and cost-cutting guidance. Goldman Sachs has raised its 2025–2027 revenue and net profit forecasts for GF SEC by an average of 7% and 11%, reflecting the strong Q3 performance. It maintains a "Neutral" rating while lifting the target price from HK$14.47 to HK$16.36.