CMSC (06099) released its interim results, with a net profit attributable to shareholders of 10.624 billion yuan, representing a year-on-year increase of 104.87%.

CMSC (06099) has released its interim results for the six months ending June 30, 2026. The Group achieved total revenue, other income, and gains of RMB 27.272 billion, an increase of 80.86% year-on-year; net profit attributable to the company's shareholders was RMB 10.624 billion, up 104.87% year-on-year; basic earnings per share stood at RMB 1.19. The year 2026 marks the beginning of the companys 14th Five-Year Plan and is also a crucial year for the comprehensive advancement of the companys five-year strategy from 2024 to 2028. In the first half of the year, the company focused on its strategic development goal of "building Chinas leading investment bank," achieving impressive development results and laying a solid foundation for accomplishing the annual objectives and tasks, as well as ensuring a good start to the 14th Five-Year Plan. The company actively seized market development opportunities, with overall performance increasing significantly and reaching the best level for the same period in history; it achieved total revenue, other income, and gains of RMB 27.272 billion and a net profit attributable to shareholders of RMB 10.624 billion, representing year-on-year growth of 80.86% and 104.87%, respectively. The company accelerated the transformation and upgrade of its wealth management, steadily improved the comprehensive income from institutional business, and prudently developed its capital intermediary business. Its investment banking business accelerated breakthroughs, while investment and trading activities remained substantial and stable. The company is actively building an AI securities firm with distinctive characteristics and industry-leading capabilities. During the reporting period, the company did not encounter any major risk compliance or safety incidents, and various risk losses remained at a low level, with overall risk being controllable. The companys wealth management and institutional business includes brokerage and wealth management, capital intermediaries, and comprehensive services for institutional clients. In the first half of 2026, the wealth management and institutional business segment achieved total revenue, other income, and gains of RMB 12.467 billion, a year-on-year increase of 39.74%. As of the end of the reporting period, the number of normal trading clients reached 22.0684 million, an increase of 10% year-on-year, with custodial client assets totaling RMB 57.8 trillion, a growth of 9.26% compared to the end of 2025. By the end of the reporting period, the companys e-bid fund advisory business had a cumulative number of signed clients reaching 101,300, with a product retention scale of RMB 8.592 billion, an increase of 84.73% compared to the end of 2025. According to statistics from Anjuke Qianfan, in the first half of 2026, the company's app ranked fourth in the securities industry for average monthly active users, with the highest per capita daily usage time in the industry. In the first half of 2026, the company actively optimized its marketing policies for margin financing and securities lending, deepened client services in this area, and promoted the growth of the margin financing and securities lending balance through personalized service. As of the end of June 2026, the margin financing and securities lending balance stood at RMB 152.354 billion, an increase of 18.44% compared to the end of 2025, with a collateral ratio of 300.34%. The balance of stock pledge repo business (including capital management plan investment business) awaiting buyback was RMB 21.273 billion, a growth of 6.83% compared to the end of 2025, with an overall performance guarantee ratio of 309.82%; of which the balance funded by the company's own capital was RMB 18.490 billion, an increase of 6.69% compared to the end of 2025, with an overall performance guarantee ratio of 336.30%.