Investment Banking and Brokerage

GTHT

Hygon Information Unveils World's First Post-Quantum Cryptography Smooth Migration Solution

Securities Firms' Proprietary Trading Revenue Surpasses 22.5 Billion Yuan

Brokerage's Clearing Business Net Income Hits New High

Guotai Haitong Asset Management Inherits All Assets of Haitong Asset Management

Guotai Haitong Announces Strong Q1 2026 Earnings

Citco Securities Launches Value and Returns Enhancement Plan for 2026

Guotai Haitong Securities Wins Bid for Guangzhou Construction Research Institute Group's M&A Advisory Project

Guotai Haitong Reports Revenue Growth but Net Profit Decline in Q1 2026

GTHT released FY2026 Q1 earnings on April 24 Pre-Market (BJT), actual revenue HKD 16.92 B (forecast HKD 19.87 B), actual EPS HKD 0.4081

GTHT to Release FY2026 Q1 Earnings on April 24 Pre-Market (BJT), Forecast Revenue HKD 19.86 B

GuoTai Hantong Establishes Green Strategic Emerging Industries Venture Capital Fund with ICBC and Others

Jiangsu Guotai Haitong Ruipu M&A Industrial Fund Partnership Founded

Guotai Haitong Sand-Box Closed-End Commercial Property Securitization Fund Status Updated to 'Under Review'

GuoTai HTH Lingang REIT 2025 Annual Performance Briefing Held

GuoTai HTH Securities Holds 2026 Annual Shareholders' Meeting

GuoTaiHaitong Securities Approved to Issue Sci-Tech Innovation Corporate Bonds Up to 15 Billion Yuan

Guotai Haitong Approved to Issue Up to 35 Billion RMB Perpetual Subordinated Bonds

GTHT Management Elaborates on Merger Effects and Future Plans

Guotai Haitong CEO Discloses Company Investment Scale and Layout

Guotai Haitong Holds 2025 Annual Earnings Conference, Proposing Strategic Adjustments

FAMEGLOW

NEW GONOW RV

REALWAY CAPITAL

TJCD

ZXZN QI-HOUSE

51WORLD

ZHONGSHENJIANYE

CENTRAL DEV H

HAICHANG HLDG

JOLIMARK

02611

Guotai Haitong Securities plans to dispose of its entire stake in Shanghai Securities, including a 24.99% share, through a mix of cash and shares. The final price will depend on an independent valuation. This transaction is classified as a connected transaction under Hong Kong Listing Rules, requiring compliance with reporting and potential shareholder approval. The deal's completion is contingent on obtaining a Whitewash Waiver and other conditions. Analysts currently rate Guotai Junan Securities (HK:2611) as a Buy with a price target of HK$14.61.

Tip Ranks

Guotai Haitong

Guotai Haitong Plans Connected Disposal of Entire Stake in Shanghai Securities

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GUOTAI HAITONGreported a net profit of RMB6.388 billion for Q1 2026, a decrease of 47.8% year-on-year. Operating revenue increased by 58.9% to RMB16.232 billion. The decline in net profit is attributed to negative goodwill from the merger with Haitong Securities last year, which inflated non-operating income. The earnings per share (EPS) stood at RMB0.36, while net profit excluding non-recurring items rose by 73.4% to RMB5.711 billion.

AASTOCKS News

GUOTAI HAITONG  1Q26 Net Profit RMB6.388B, Down 47.8% YoY

Guotai Haitong Securities has launched its 2026 Corporate Value and Return Enhancement Action Plan, aiming to improve capital use and operating efficiency. The plan aligns with national directives and focuses on enhancing services in sci-tech, green finance, and wealth management. The firm, a major player in the industry post-merger, targets stronger client service systems and aims to support Shanghai's goal of becoming a global financial hub. Analysts rate its stock (HK:2611) as a Buy with a price target of HK$14.61.

Guotai Haitong Securities Launches 2026 Plan to Boost Value, Efficiency and Client Services

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Guotai Junan Securities Co., Ltd. has announced that Guotai Haitong Securities will cancel 47,786,169 A-share treasury shares, representing 0.2711% of its total share capital, to reduce registered capital. This decision aims to protect shareholder interests and enhance long-term investment value by eliminating unsold repurchased shares. The board's proposal requires shareholder approval. The current analyst rating for Guotai Junan Securities is a Buy, with a price target of HK$14.61.

GUOTAI JUNAN I

Guotai CSI All Share Investment Banking & Brokerage ETF

Hwabao WP CSI All Share Investment Banking & Brokerage ETF

Yinhua CSI All Share Investment Banking & Brokerage ETF

Guotai Haitong to Cancel Treasury A Shares and Cut Registered Capital

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Following Guosen Securities' release of its 2025 performance results, the ranking of the top ten securities firms has been reshuffled. CITIC SEC and GTHT have formed a "two super giants" pattern, with their combined revenue and net profit accounting for nearly 40% of the top ten. GF SEC saw its net profit rise to fourth place, while CMSC fell to sixth. Proprietary trading and brokerage services have become growth engines, with proprietary income among the top ten firms growing 33% year-on-year and brokerage fee income surging 48%. Looking ahead, internationalization and technology empowerment will be key to competition. Overall, the strength of leading brokerages continues to strengthen

- With Guosen Securities releasing its 2025 report, the rankings of the top ten securities firms have been finalized.  
- CITIC Securities and Guotai Junan dominate the industry, together accounting for nearly 40% of total revenue and net profit among the top ten, whose overall performance shows significant growth in proprietary trading and brokerage services.  
- Looking ahead, internationalization and technological empowerment are seen as key competitive areas for leading firms, as market dynamics shift towards a more concentrated landscape.

Wallstreetcn

CITIC Securities Co., Ltd.

GF SECURITIES

CITIC SEC

GUOSEN SECURITIES

CMSC

GF SEC

E Fund CSI Hongkong Bond Investment Theme ETF

Tianhong CSI All Share Investment Banking & Brokerage ETF

Guotai SSE 180 Finance ETF

HTSC

CICC

Shenwan Hongyuan

SWHY

Huatai Securities Co., Ltd. GDR Class A RegS

SWHYHK

Top Ten Brokerages Reshuffled! "Two Super Giants and Multiple Strong Players" Pattern Emerges, Two Business Lines Become Key Tracks

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36Kr learned that the China Securities Regulatory Commission's website disclosed that the IPO counseling status of Quanxin Zhizao Technology Co., Ltd. has changed to "counseling acceptance," with Guotai Haitong Securities as the counseling broker

36Kr

Guotai CES Semiconductor Chip Industry ETF

GTJA Allianz SSE STAR Chip Design Thematic ETF

China Southern CSI Semiconductor Industry Custom ETF

ChinaAMC Guozheng Semiconductor Chip ETF

ChinaAMC SSE STAR Semiconductor Material & Equipment Thematic ETF

GTJA Allianz CSI All Share Semiconductors & Semiconductor Equipment ETF

Allchip Intelligent Manufacturing has completed the IPO guidance acceptance

513750

Guotai Haitong Securities Sets 2025 Final Dividend and Tax Terms for H-Share Investors

GF Fund CSI HK Connect Financials(ex Banks) Thematic ETF

Guotai Haitong Securities Sets 2025 Final Dividend and Tax Terms for H-Share Investors

516620

mm2 Asia has received approval from the High Court to extend the debt repayment moratorium by four months until August 10. The application from the company and its subsidiary mm2 Entertainment was approved to avoid creditor liquidation. mm2 Asia applied for the debt moratorium last November, and its stock has been suspended. Cathay Cineplexes has voluntarily entered liquidation. Such moratoriums can protect the company from legal actions during the restructuring period

Zaobao

MM2 Asia

Guotai CSI Movies Theme ETF

mm2 Asia successfully applied for a debt repayment extension for an additional four months | Lianhe Zaobao

As the performance of securities firms gradually comes to light for 2025, recently, securities firms have held a series of performance briefings to respond to investors' concerns regarding last year's performance and key strategic layouts for the new year. As of April 6, more than 10 securities firms, including CITIC Securities and Guotai Haitong, have successively held performance briefings. During the meetings, topics such as the development plans for international business and the empowerment of financial technology became the focus of investors' attention. (Securities Daily)

E Fund CSI 300 Financials (ex Banks) ETF

Sealand Securities

Huaan Securities

The brokerage performance briefing focuses on international business and AI empowerment

GTHT(02611.HK)

Guotai Haitong Plans Connected Disposal of Entire Stake in Shanghai Securities

GUOTAI HAITONG 1Q26 Net Profit RMB6.388B, Down 47.8% YoY

Guotai Haitong Securities Launches 2026 Plan to Boost Value, Efficiency and Client Services

Guotai Haitong to Cancel Treasury A Shares and Cut Registered Capital

Top Ten Brokerages Reshuffled! "Two Super Giants and Multiple Strong Players" Pattern Emerges, Two Business Lines Become Key Tracks

Allchip Intelligent Manufacturing has completed the IPO guidance acceptance

Guotai Haitong Securities Sets 2025 Final Dividend and Tax Terms for H-Share Investors

mm2 Asia successfully applied for a debt repayment extension for an additional four months | Lianhe Zaobao

The brokerage performance briefing focuses on international business and AI empowerment