Movement Alert|Guotai Haitong Rises 3.21% in Regular Trading, Strong Q1 Earnings and Institutional Bullish Consensus Drive Momentum

Market Focus
Jun 10

On June 10, Guotai Haitong rose 3.21% in regular trading, trading at HKD 14.44/share, with trading volume of HKD 78.98 million.

On the news front, the company's previously disclosed Q1 report showed outstanding operating performance, providing a clear catalyst for the share price gain. In Q1, Guotai Haitong achieved revenue of RMB 16.2 billion, up 59% year-over-year, while non-GAAP net profit attributable to shareholders reached RMB 5.7 billion, surging 73% year-over-year. Total assets stood at RMB 2.26 trillion and equity attributable to shareholders reached RMB 336.4 billion at quarter-end, both maintaining the top position in the industry.

Institutional sentiment remains strongly supportive. Over the past 90 days, 20 institutions have issued ratings on the stock, with 17 buy ratings and 3 overweight ratings, pointing to a consensus A-share target price of RMB 23.68. On June 9, net main capital inflow of RMB 148 million into the A-share was also observed, reflecting warming market sentiment. The company is advancing its integration strategy while capitalizing on active trading volumes and investment banking recovery.

(The above content is based on publicly available market information, generated by a program or algorithm, and is intended solely as a stock movement alert. It does not constitute investment advice or a basis for trading decisions.)

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