Movement Alert|HTSC Rises 3.08% in Regular Trading, Strong H1 Earnings Growth Fuels Brokerage Sector Rally

Market Focus09-04 14:04

On September 4, HTSC rose 3.08% in regular trading, trading at 18.07 HKD/share, with turnover of approximately HKD 219 million. The stock advanced alongside a broad rally in the brokerage sector.

On the news front, the company disclosed its interim results on August 28, reporting H1 net profit attributable to shareholders of RMB 11.692 billion, up 54.87% year-over-year, while revenue reached RMB 23.658 billion, representing a 45.86% increase. All major business segments posted double-digit growth, with the international business segment leading at 85.16% revenue growth. Wealth management revenue rose 50.18% to RMB 15.633 billion, and institutional services revenue climbed 55.17% to RMB 7.178 billion. The operating profit margin improved by 3.36 percentage points to 43.99%.

The broader brokerage sector saw a strong session, with 43 listed securities firms collectively posting a 49.07% rise in H1 combined net profit, signaling a notable industry recovery. Within the Investment Banking and Brokerage sector, CICC gained 4.23%, GF SEC rose 2.95%, CITIC SEC added 2.69%, GTHT climbed 2.18%, and CGS advanced 1.84%.

(The above content is based on publicly available market information, generated by a program or algorithm, and is intended solely as a stock movement alert. It does not constitute investment advice or a basis for trading decisions.)

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