China Merchants Securities (06099) announced interim results. Net profit of 10.624 billion yuan to mother increased 104.87% year-on-year

According to the Zhitong Finance App, China Merchants Securities (06099) announced interim results for the six months ended June 30, 2026. The group obtained total revenue, other revenue and revenue of RMB 27.272 billion (same unit), an increase of 80.86% year on year; profit for the period attributable to shareholders of the Company was RMB 10.624 billion, an increase of 104.87% year on year; basic earnings per share were 1.19 yuan.

2026 is the beginning year of the company's “15th Five-Year Plan” strategic development, and it is also a key year for the comprehensive promotion of the company's 2024-2028 five-year strategy. In the first half of the year, the company anchored the strategic development goal of “building China's leading investment bank” and achieved good development results, laying a solid foundation for completing various goals and tasks throughout the year and achieving a good start to the “15th Five-Year Plan”. The company actively grasped market development opportunities, and its overall performance increased dramatically and reached the best level in the same period in history; it achieved total revenue, other revenue and revenue of 27.272 billion yuan, and net profit attributable to the Company's shareholders of 10.624 billion yuan, up 80.86% and 104.87%, respectively. The company accelerates the pace of wealth management transformation and upgrading, steadily increases the comprehensive income of institutional business, steadily develops capital intermediation business, accelerates breakthroughs in investment banking business, maintains a large and stable investment and trading business, and actively builds an industry-leading AI securities company with certification characteristics. During the reporting period, the company had no major risk compliance incidents or production safety incidents. Various risk losses remained low, and risks were generally manageable.

The company's wealth management and institutional business includes brokerage and wealth management, capital intermediation and comprehensive services for institutional clients. In the first half of 2026, the company's wealth management and institutional business segment achieved total revenue, other revenue and revenue of $12.467 billion, an increase of 39.74% over the previous year.

By the end of the reporting period, the number of regular trading customers of the company was 22.684 million, up 10% year on year, with 5.78 trillion yuan of custodial customer assets, an increase of 9.26% over the end of 2025. At the end of the reporting period, the company's “e-Investment” fund investment business had a total of 101,300 signed customers, with a product holding scale of 8.592 billion yuan, an increase of 84.73% over the end of 2025. According to Yiguan Qianfan's statistics, in the first half of 2026, the average number of monthly active customers of the company's app ranked 4th in the securities industry, and the number of daily usage times per capita ranked 1st in the securities industry.

In the first half of 2026, the company actively optimized marketing policies for the financing and securities lending business, deepened customer service in the financing and securities lending business, and promoted the growth of securities financing balances through personalized services and marketing. As of the end of June 2026, the company's securities financing balance was 152.354 billion yuan, an increase of 18.44% over the end of 2025, and the maintenance guarantee ratio was 300.34%. The stock pledged repurchase business (including the asset management plan funded business) had a repurchase balance of RMB 21.273 billion, up 6.83% from the end of 2025, and the overall performance guarantee ratio was 309.82%; of these, the balance of own capital investment was RMB 18.490 billion, an increase of 6.69% over the end of 2025, and the overall performance guarantee ratio was 336.30%.