Movement Alert|Guotai Haitong Rises 3.87% in Regular Trading, H1 Net Profit Forecasted to Grow 27%-30% YoY

Market Focus
Jul 06

On July 6, Guotai Haitong rose 3.87% in regular trading, trading at HKD 15.71/share, with turnover of HKD 66.61 million.

On the news front, the company issued a positive profit alert on July 3, forecasting H1 2026 attributable net profit of RMB 20.003 billion to RMB 20.511 billion, representing a 27% to 30% year-over-year increase. More notably, net profit excluding non-recurring items is expected to reach RMB 19.249 billion to RMB 19.757 billion, surging 164% to 171% YoY, marking a record half-year performance. The strong results were attributed to broad-based growth across wealth management, investment banking, institutional and transaction, and investment management segments, alongside synergy effects following the Haitong merger. As the first brokerage sector semi-annual earnings forecast, the announcement boosted overall sector sentiment. A subsidiary also completed its merger integration with Guotai Junan Zhengyu Investment during the period, further consolidating the group's direct investment capabilities.

(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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