Home » Soochow Securities maintains CITIC Securities Buy rating | Daily Economic News

Soochow Securities maintains CITIC Securities Buy rating | Daily Economic News

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Soochow Securities maintains CITIC Securities Buy rating | Daily Economic News

Every time we receive an AI alert,Soochow Securities released a research report on April 29, saying that it maintained a buy rating on CITIC Securities (600030.SH, latest price: 19.69 yuan). The reasons for the rating mainly include: 1) The overall performance is in line with expectations, and the impairment loss has been reversed, so that the growth rate of net profit attributable to the parent company (+1.2%) is higher than the growth rate of revenue (-7.2%); 2) The investment banking business is dazzling, and the two financing and asset management business declined slightly. Risk warning: 1) Market transaction activity has declined; 2) Stock market volatility will impact proprietary investment income. 3) Stricter regulation inhibits the development of innovative business. Total market value (million yuan) 278,181.66.

Every headline (nbdtoutiao)——Grasp the “China Seed”

(Reporter Cai Ding)

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