Guolian Minsheng Securities expects 1,183% profit surge

Guolian Minsheng Securities estimates net profit of RMB1.13 billion for the first half of 2025, up 1,183% year-on-year.

The surge stems from integration with Minsheng Securities and growth in proprietary trading, wealth management and investment banking. The company noted the prior year's small comparative base contributed to the significant increase.