CITIC Securities plans to sell five real estate properties in Shenzhen for 1.48 billion yuan, accelerating the "fancy" revitalization of existing assets by securities firms.

According to the official website of the Shanghai United Property Rights Exchange, China Merchants Securities is listing for sale 5 properties located in Shenzhen, with a total selling price of approximately 148 million yuan. It is worth noting that some of these properties were purchased in the 1990s. Against the background of China Merchants Securities' expected net profit of 12.3 billion yuan by 2025, this transaction will only make a small contribution to its performance. Industry insiders point out that this move aims to revitalize existing assets and is a normal business operation for the company. In fact, since 2025, many brokerage firms including Red Tower Securities, Huaxi Securities, and Fangzheng Securities have been intensively disposing of or renting out their properties, with some properties experiencing increases in value of up to 802.17%. The trend of brokerage firms accelerating the disposal of old properties and revitalizing idle assets is becoming increasingly apparent.