Huatai Securities (HKG:6886, SHA:601688) expects an attributable profit of between 3.44 billion yuan and 3.67 billion yuan in the first quarter of 2025, up 50% to 60% from 2.29 billion yuan a year prior, a Wednesday filing with the Hong Kong bourse said.
The securities broker attributed the higher anticipated profit mainly to a significant year-over-year growth in all major business lines, including wealth management, institutional services, and investment management.