On the evening of August 20, CITIC Securities released its 2026 interim report, demonstrating steady growth in operational performance. As of the end of June 2026, the company's total assets surpassed RMB 2.4 trillion, while net assets attributable to shareholders exceeded RMB 350 billion.
During the first half of 2026, the company achieved operating revenue of RMB 49.692 billion, a year-on-year increase of 50.00%, and net profit attributable to shareholders of RMB 23.343 billion, up 69.60% year-on-year, marking a record high for interim results. Business segments grew steadily with a balanced revenue structure: brokerage income reached RMB 13.1 billion, up 41%; asset management income was RMB 8 billion, an increase of 33%; securities investment income totaled RMB 19.9 billion, up 37%; and underwriting income reached RMB 2.9 billion, a rise of 42%.
Cross-border comprehensive financial capabilities continued to strengthen, with international business hitting an all-time high. In the first half of 2026, CITIC Securities International experienced rapid development. Under Hong Kong Financial Reporting Standards, CITIC Securities International generated operating revenue of USD 2.32 billion, up 56% year-on-year, and net profit of USD 830 million, surging 114%, setting a new historical record for the same period.
Consolidating the overseas capital base is accelerating the construction of a world-class investment bank. In August 2026, the company completed a RMB 16 billion H-share private placement, effectively enhancing the capital strength and risk resilience of its international operations. This move will continue to deepen the internationalization strategy, improve global financial service capabilities, optimize participation and product supply in major financial markets, and refine the global service network to better support Chinese enterprises going global and international capital coming into China.
Increasing shareholder returns remains a priority, with interim dividends reaching new heights. CITIC Securities' 2026 interim profit distribution plan adopts a cash dividend approach, distributing RMB 4.27 per 10 shares (pre-tax), totaling RMB 6.672 billion in cash dividends (pre-tax), accounting for 29.39% of the interim net profit attributable to ordinary shareholders (unaudited). Compared to the 2025 interim period, the dividend per 10 shares increased from RMB 2.90 to RMB 4.27, and the total dividend amount rose from RMB 4.298 billion to RMB 6.672 billion, representing a year-on-year increase of 55.23%.
Actively fulfilling the "Five Major Financial Articles" and serving high-quality real economy development, CITIC Securities is diligently implementing the strategic deployment of the new "National Nine Articles," deeply grasping the political and people-oriented nature of financial work, and actively practicing major national strategic deployments, achieving positive results in cultivating the "Five Major Financial Articles."
Technology finance: The company fully leverages its role as a direct financing "service provider" and an important "gatekeeper" of the capital market, focusing on strengthening business layouts in new technologies, new industries, and new business formats. It provides more efficient financing services for new quality productive forces enterprises and supports technology companies through direct equity investments and private equity fund investments. In the first half of 2026, the company completed equity underwriting of RMB 20.7 billion on the STAR Market, ChiNext, and Beijing Stock Exchange, and underwrote RMB 93.2 billion in technology innovation bonds, with new investment projects focusing on national strategic emerging industries.
Green finance: The company has built a full-chain green financial service system, assisting real economy enterprises in broadening green financing channels and achieving carbon emission reduction returns, thereby supporting the national green development strategy. In the first half of 2026, the company underwrote RMB 37.4 billion in domestic green bonds and facilitated the Ministry of Finance's first Hong Kong green offshore RMB treasury bond issuance. It provides comprehensive carbon financial services to emission control enterprises in power generation, steel, building materials, petrochemicals, chemicals, and non-ferrous metals sectors, as well as emission reduction project owners in renewable energy, forestry carbon sinks, and methane utilization. The company has received multiple significant awards, including the "National Carbon Market Carbon Index Innovation Practice Institution Award" from the national carbon emission registration authority and the "2025 Green Finance Award" from the Beijing Green Exchange.
Inclusive finance: The company fully leverages its comprehensive financial service capabilities to meet clients' personalized and diversified asset allocation needs, supporting consumption promotion and rural revitalization efforts. As of the end of the first half of 2026, the company's asset management scale reached RMB 4.883254 trillion, with financial product holdings entering the trillion-yuan level. During the first half of 2026, the company underwrote RMB 18.8 billion in inclusive-themed bonds, assisted multiple consumer industry enterprises in completing equity and debt financing, and executed several "insurance + futures" projects with a notional principal of RMB 115 million, safeguarding the production and operations of agriculture-related entities.
Pension finance: The company supports the construction of a multi-level and multi-pillar pension security system, continuously increasing support for pension finance. As of the end of the first half of 2026, CITIC Securities and China Asset Management jointly managed nearly RMB 1.2 trillion in investment management scale across the three pillars of pension, with steady growth in each pillar and successful bids for multiple enterprise annuity projects. Additionally, leveraging its professional investment research advantages, the company launched its first cross-departmentally developed asset allocation index - the POLAR Multi-Asset Joint Pilot Index - and productized it, precisely matching the allocation needs of long-term stable funds such as pension assets.
Digital finance: The company actively promotes digital transformation, strengthens data governance, reinforces digital financial infrastructure, and continuously optimizes frontier technology applications represented by "artificial intelligence+." Focusing on business enablement and management improvement, it continues to build an intelligent, humanized, and efficiently coordinated "digital employee" system, expanding application depth in investment, investment banking, research, marketing, operations, compliance, and risk control. This deeply empowers the company's business and management throughout the entire chain, with related technologies having obtained multiple national invention patents.
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