Movement Alert|HTSC Rises 3.16% in Regular Trading, 21 Leading Brokerages Collectively Issue Buy/Overweight Ratings

Market Focus06-10

On June 10, HTSC rose 3.16% in regular trading, trading at HK$16.64/share, with trading volume of HK$60.43 million. The rally was driven by a wave of bullish research coverage from 21 top-tier brokerages.

CITIC Securities, CICC, China Merchants Securities, CSC Financial, and 17 other leading institutions recently published reports, all assigning buy or overweight ratings with a consensus target price of RMB 25.7 (A-share). The unanimous bullish stance is underpinned by strong Q1 results: revenue of RMB 10.42 billion and net profit of RMB 4.8 billion, representing year-over-year growth of 41.48% and 31.79% respectively, with brokerage, investment banking, and proprietary trading all accelerating. Institutions forecast full-year net profit of approximately RMB 19.3 billion, up 17.8% year-over-year. Analysts highlighted HTSC's dual moats in digitalization and globalization, including its leading online wealth platform and expanding overseas derivatives business, positioning it as a prime beneficiary of capital market reforms.

(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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