The Zhitong Finance App learned that Chinese brokerage stocks rose collectively. As of press release, GF Securities (01776) rose 4.75% to HK$19.2; CITIC Securities (06030) rose 3.58% to HK$27.74; CITIC Securities (03908) rose 3.48% to HK$22.02; and China Merchants Securities (06099) rose 3.37% to HK$15.97.
According to the news, data shows that the 50 listed brokerage firms or parent companies achieved a total operating income of 389.5 billion yuan in the first half of 2026, an increase of 45% over the previous year, and achieved a total net profit of 167.2 billion yuan, an increase of 49% over the previous year. In the second quarter, 50 listed brokerage firms achieved a total net profit of 101.6 billion yuan, up 79% year on year and 55% month on month.
Notably, the Securities Regulatory Commission recently issued “Opinions on Capital Market Support for Building a New Model of Real Estate Development”. China Post Securities said that the “Opinion” will open up new business growth space for brokerage firms. The real estate investment banking business may usher in a definitive scale expansion, and related business revenue is expected to record a considerable year-on-year growth rate; the full-chain revenue boundary of real estate investment trusts may be widened, contributing to long-term sustainable revenue growth for brokerage firms; and the real estate asset management circuit may provide a full increase in the wealth management sector. Furthermore, the “Opinion” may drive the restructuring of the valuation of the brokerage sector.