Cathay Junan International (01788) announced interim results. Profit attributable to common shareholders was approximately HK$675 million, up 23% year over year

According to the Zhitong Finance App, Guotai Junan International (01788) announced its 2026 interim results, with revenue of approximately HK$3,871 million, up 37% year on year; profit attributable to common shareholders was approximately HK$675 million, up 23% year on year; basic profit per share was HK7.08 cents.

Among them, commission and fee revenue increased sharply by 62% year over year to HK$874 million (same period in 2025: HK$541 million). In the first half of the year, the amount of capital raised by IPOs in the Hong Kong stock market rose sharply by 92%, driving the Group's commission revenue from placement, underwriting and sub-underwriting to a sharp increase of 65% to HK$272 million. Stock market trading is active and trading volume is high. Coupled with the Group's launch of diversified products to meet customer needs, brokerage commissions rose sharply by 54% to HK$497 million. The main increase came from OTC products, US stocks and IPO stock trading. Hong Kong stock commission income also rose slightly. However, bond trading commissions fell, offsetting part of the increase.

Interest income increased 26% year over year to HK$1,511 billion (same period in 2025: HK$1,196 million). The Group gradually increased its asset allocation for low-risk, high-rated and high-liquidity fixed income securities. Interest income from fixed income securities rose sharply by 64% to HK$509 million; bank interest income fell 14% to HK$316 million as market interest rates declined; and interest income from other financial institutions rose 51% to $458 million, mainly due to rising reverse repurchase agreement receivables and increased interest income from reverse repurchase agreement receivables.

Net income from transactions and investments increased 37% to HK$1,485 billion (same period in 2025: HK$1,088 billion). The Group's transactions and investments are mainly to support the development of businesses such as wealth management, institutional investor services, corporate financing and asset management. During the period, the Group vigorously developed the cross-border financial products business to provide customers with financial products that meet their different needs, resulting in a sharp increase of 83% year-on-year to HK$1,020 billion. The share and bond market fluctuated in the first half of 2026, and the Group's trading profits in fixed income securities, non-consolidated investment funds, derivatives and equity investments declined year-on-year. Mainly due to market fluctuations in the investment securities held, net income for the first half of 2026 was HK$466 million (same period in 2025: HK$531 million).