Guotai Junan International: Net Profit Expected to Increase by 161% to 202% in the First Half of the Year
BlockBeats News, July 10th. Guotai Junan International (01788.HK) announced that the expected net profit for the six months ending June 30, 2025, is HKD 515 million to HKD 595 million, representing an increase of 161% to 202% compared to HKD 197 million in the same period of 2024.
This profit growth is mainly attributed to a significant increase in core business revenues such as the group's wealth management, corporate finance, asset management, and trading and investment. The company is in the process of reviewing its interim performance for the six months ending June 30, 2025, and the performance announcement will be made public within the time frame specified by the listing rules. (Jinshi)
BlockBeats previously reported that on June 24th, Guotai Junan International announced that a subsidiary of Guotai Haitong Group, Guotai Junan International Holdings Limited (Stock Code: 1788.HK), was formally approved by the Hong Kong Securities and Futures Commission on June 24th to upgrade its existing securities trading license to provide virtual asset trading services and to provide advice based on providing virtual asset trading services. After the upgrade, customers can directly trade cryptocurrencies such as Bitcoin, Ethereum, and stablecoins like USDT on their platform.
As a result, Guotai Junan International became the first Hong Kong-based Chinese-funded securities firm to provide comprehensive virtual asset-related trading services, including virtual asset trading, consulting, and related product issuance and distribution. The company has been expanding its virtual asset business in recent years, including launching virtual asset ETF structured products, conducting trading platform agency services, and issuing digital bonds, actively contributing to establishing Hong Kong as an international virtual asset hub.
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