Tonight CITIC Securities released its performance report, achieving operating income of 76.57 billion yuan in 2021, a year-on-year increase of 40.80%; and achieving net profit of 22.979 billion yuan, a year-on-year increase of 54.2%.
set the second highest transaction volume in the two markets in 2021, second only to day volume in 2015; new listed companies have the highest number and financing amount in history; coupled with the driving force of many profit growth points such as wealth management, it is difficult for securities companies to grow their performance.
Why did CITIC Securities' stock price not improve much last year, but fell by 8.93% while it was so predictable? I personally think that it is not recognized by the market, which is directly related to CITIC Securities' share allotment. If the financing method is replaced by a fixed increase or convertible bond, the stock price will not be so ugly, and the market value will not be exceeded by Oriental Wealth ; secondly, the securities sector has too obvious driving effect on the rhythm of the market index, and has a kind of regulator. Except for a few stocks such as Oriental Wealth Everbright Zhengran and Oriental Securities , which have made relatively good market trends, other stocks have basically not improved.
The implementation of the full registration system this year is a foregone conclusion. Without special negative factors, the transaction volume will basically remain above one trillion yuan. Securities companies continue to explore their wealth management business in depth, and 2022 may be the starting point for securities companies.
