In the "Earnings Surprise," CICC forecasts a maximum profit of 3.88 billion RMB in the first quarter, an increase of 90%

CICC (03908.HK) issued a profit warning, expecting a net profit attributable to shareholders in the first quarter to be between RMB 3.369 billion and RMB 3.88 billion, representing a year-on-year growth of 65%-90%. During the quarter, the company adhered to its political stance as a state-owned financial enterprise, actively seizing favorable opportunities from the stable and improving capital market and increased trading activity, promoting coordinated efforts and balanced growth in its main businesses such as investment banking and wealth management