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Guotai Junan International: Net Profit Expected to Increase by 161% to 202% in the First Half of the Year

11 hours ago

July 10th. Guotai Junan International (01788.HK) declared that the anticipated net profit for the six months ending June 30, 2025, is between HKD 515 million and HKD 595 million. This indicates an increase of 161% to 202% compared to HKD 197 million in the same period of 2024. The growth in profit is mainly due to a notable rise in core business revenues such as those from the group's wealth management, corporate finance, asset management, and trading and investment. The company is currently 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 stipulated 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 officially approved by the Hong Kong Securities and Futures Commission on June 24th to upgrade its existing securities trading license. This allows it to provide virtual asset trading services and offer advice based on providing such services. After the upgrade, customers can directly trade cryptocurrencies like 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 offer comprehensive virtual asset-related trading services, including virtual asset trading, consulting, and related product issuance and distribution. In recent years, the company has been expanding its virtual asset business, including launching virtual asset ETF structured products, conducting trading platform agency services, and issuing digital bonds. It is actively contributing to the establishment of Hong Kong as an international virtual asset hub.
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