FINANCE

Listed China Brokerages’ Profits Surge Nearly 50% on Tech Rally

Published: Sep. 3, 2026 1:17 p.m. GMT+8

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Net profits at Chinese mainland-listed brokerages surged nearly 50% to 155.4 billion yuan ($23.1 billion) in the first half of the year, fueled by lucrative tech investments.

Among the top players, Citic Securities Co. Ltd. reclaimed the profitability crown with 23.3 billion yuan, overtaking Guotai Haitong Securities Co. Ltd., which retained the lead in total assets.

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Mainland-listed brokerages’ H1 net profits jumped nearly 50% to 155.4b yuan ($23.1b), fueled by tech investments.
Citic Securities led profits with 23.3b yuan; proprietary trading contributed about half of revenue, with STAR Market co-investments highly profitable.
Sector index fell 7.8% despite results; analysts warn reliance on proprietary equity investments leaves brokerages vulnerable to market swings.

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Who’s Who

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What Happened When

First half of 2026：: Net profits at mainland-listed brokerages surged nearly 50% to 155.4 billion yuan ($23.1 billion).

July 2026：: CXMT Corp. debuted on the STAR Market with a more than 400% gain; co-investment vehicles under CICC and China Securities logged combined paper profits exceeding 9 billion yuan.