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An announcement from CITIC Securities Co ( (HK:6030) ) is now available.
CITIC Securities has reported significant progress in its 2024 Action Plan aimed at improving quality, increasing efficiency, and enhancing returns. The company has maintained its leading position across various business lines, achieving a 6.20% increase in operating revenue and a 10.06% rise in net profit. It has excelled in equity and debt financing, ranking first in several categories, and has expanded its assets under management to over RMB4 trillion. The firm has also implemented the ‘Five Major Sectors’ strategy to support the real economy, focusing on technological innovation, green finance, and inclusive finance, while receiving an upgraded MSCI ESG rating to AA.
The most recent analyst rating on (HK:6030) stock is a Buy with a HK$15.80 price target. To see the full list of analyst forecasts on CITIC Securities Co stock, see the HK:6030 Stock Forecast page.
More about CITIC Securities Co
CITIC Securities Company Limited is a leading investment bank and securities firm based in China. The company offers a range of financial services, including wealth management, equity and debt financing, and asset management. It focuses on maintaining a strong market position in domestic and international markets, particularly in investment banking and financial services.
Average Trading Volume: 16,215,348
Technical Sentiment Signal: Strong Buy
Current Market Cap: HK$433.5B
For detailed information about 6030 stock, go to TipRanks’ Stock Analysis page.