CITIC Securities (06030.HK) 2025 Popularity Analysis: Performance Driven by Industry Recovery and Leading Edge

As China’s leading comprehensive securities company, CITIC Securities (06030.HK) performed strongly in 2025, with a year-to-date increase of 28.72% and a 1-year return of 29.64%, significantly outperforming the broader market [1]. Its popularity mainly comes from the overall recovery of the securities industry, the company’s better-than-expected performance, and favorable policies [3]. At the industry level, the net profit of 42 listed securities firms increased by 62.38% year-on-year in the first three quarters of 2025, with proprietary trading (accounting for 44.54%) and brokerage business (growing by 74.64%) being the core drivers [0]. At the company level, Q3 FY25 revenue was HK$22.78 billion, profit was HK$6.21 billion, and finances were stable [2]; market capitalization was approximately HK$445.15 billion, with a price-to-earnings ratio of 13.5 times, and valuation was reasonable [5].

1. Leading Edge Highlights
   : As an industry leader, CITIC Securities has outstanding performance in proprietary trading and is known as the “King of Proprietary Trading” in the market [0], fully benefiting from trading opportunities brought by market fluctuations.
2. Favorable Policy Environment
   : Capital market reform policies in 2025 (such as deepening the registration system) have driven the activity of the securities sector. CITIC Securities has seized opportunities with its full license advantages (brokerage, investment banking, asset management, etc.) [3].
3. High Institutional Recognition
   : Analysts have an average target price of HK$31.73, with an expected upside of 18.94%, and it has received a Buy rating; institutional investors are optimistic about its long-term growth potential [1][5].

• Sustained Industry Recovery: The securities industry’s net profit growth is strong, and leading companies are expected to further expand their market share [0].
• Policy Dividends: Policies such as the optimization of asset management regulations will support the transformation of securities firms’ asset management businesses [4].
  
  Risks
  :
• Market Volatility Risk: The high proportion of proprietary trading business may affect performance if the market adjusts sharply [2].
• Intensified Industry Competition: Innovation by small and medium-sized securities firms in specific areas may divert some business [3].

The popularity of CITIC Securities (06030.HK) in 2025 reflects the overall recovery of the securities industry and the company’s leading position. Its strong performance stems from the dual growth of proprietary trading and brokerage businesses, favorable policies, and reasonable valuation. Despite the risk of market volatility, analysts and institutions are optimistic about its future performance and expect there is still room for growth.