"Securities broker No. 1" announces good news: net profit of 23.1 billion yuan in the first three quarters, investment income surges by 190%

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On the evening of October 24, the "leading securities broker" released its third quarter report!

Data shows that: In the first three quarters, CITIC Securities achieved operating income of 55.815 billion yuan, a year-on-year increase of 32.70%; net profit was 23.159 billion yuan, a year-on-year increase of 37.86%.

Among them, in the third quarter, the company achieved operating income of 22.775 billion yuan, a year-on-year increase of 55.71%; net profit was 9.44 billion yuan, a year-on-year increase of 51.54%.

Among large listed securities firms, CITIC Securities took the lead in disclosing its third quarter report, officially kicking off the securities sector's Q3 results announcements.

Traditional Intermediary Businesses Fully Flourish

An in-depth analysis of CITIC Securities' income structure reveals two highlights: First, a comprehensive and steady growth in traditional intermediary business; second, explosive growth in proprietary investment business, which has become the core engine driving performance growth. (See chart below)

Among them, net commission income from brokerage business in the first three quarters reached 10.939 billion yuan, a substantial year-on-year increase of 52.9%, highlighting the company's remarkable advantages in retail customer base and channel development.

Investment banking business income for the first three quarters was 3.689 billion yuan, a year-on-year increase of 30.9%, reflecting its continued consolidation of its leading position in equity financing and bond underwriting.

Investment Income Becomes Biggest Highlight

It is noteworthy that: CITIC Securities' proprietary investment business stood out, with investment income soaring to 32.838 billion yuan—an increase of 190.1% compared to 11.321 billion yuan in the same period last year, becoming the most eye-catching highlight of this earnings report.

Meanwhile, asset management business in the first three quarters grew steadily by 16.4% to 8.703 billion yuan, demonstrating solid progress in the company's transformation toward wealth management.

China Asset Management’s Q3 Net Profit: 866 Million Yuan

CITIC Securities disclosed major financial data for its controlled subsidiary China Asset Management (Hua Xia Fund) as follows:

From July to September 2025, Hua Xia Fund achieved an unaudited net profit of 866 million yuan. As of September 30, 2025, Hua Xia Fund’s parent company managed assets exceeding 3 trillion yuan.

CITIC Securities' huge investment back then has now become a highlight of its business.

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