CICC Interim Report 2026: Net Profit Surges 89% to RMB 8.20 Billion on Robust Top-Line Growth

Bulletin Express
Yesterday

CICC reported a 39.2% year-on-year rise in total revenue and other income to RMB 26.05 billion for the first half of 2026. Profit attributable to shareholders jumped 89.3% to RMB 8.20 billion, lifting basic EPS to RMB 1.62.

\n\nOperating momentum was broad-based. Fee and commission income expanded 52.8% to RMB 10.94 billion, driven by higher brokerage commissions and a rebound in investment banking fees. Net interest income turned positive at RMB 0.21 billion as interest income grew 33.9%. Investment income rose 40.0% to RMB 10.15 billion, supported by equity-related gains. Operating expenses increased 16.7%, below the pace of revenue growth, resulting in a 7.6% weighted average ROE versus 4.2% a year earlier.

\n\nBy segment, Equities contributed RMB 7.02 billion in revenue and other income, up 47.9%, while Wealth Management delivered RMB 8.48 billion, up 44.1%. Investment Banking income more than doubled to RMB 3.50 billion. FICC revenue and other income advanced 8.0% to RMB 4.49 billion.

\n\nTotal assets reached RMB 997.15 billion, a 27.4% increase from end-2025, as trading assets and cash on behalf of clients expanded. The gearing ratio edged up to 82.3%. Net capital at the parent company stood at RMB 48.36 billion, comfortably above regulatory requirements.

\n\nManagement deferred an interim profit-distribution plan, citing the pending absorption of Dongxing Securities and Cinda Securities. No non-operational fund appropriation or non-compliant guarantee occurred during the period.

\n\nCICC reconfirmed that all risk control indicators met regulatory thresholds, with a liquidity coverage ratio of 215.0% and a net stable funding ratio of 146.0% at 30 June 2026.

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