Guotai Junan International: Net profit expected to increase by 161% to 202% in the first half of the year

According to BlockBeats, on July 10th, Guotai Junan International (01788. HK) announced that it expects a net profit of HKD 515 million to HKD 595 million for the six months ending June 30, 2025, an increase of 161% to 202% compared to HKD 197 million in the same period of 2024. The profit growth this time is mainly due to the significant increase in core business income such as wealth management, corporate financing, asset management, and trading and investment of the group. The company is reviewing its interim results for the six months ending June 30, 2025, which will be announced within the time frame specified by the listing rules. (Golden Ten) BlockBeats previously reported that on June 24th, Guotai Junan International announced that Guotai Junan International Holdings Limited (stock code: 1788. HK), a subsidiary of Guotai Haitong Group, officially obtained approval from the Hong Kong Securities and Futures Commission on June 24th to upgrade its existing securities trading license to provide virtual asset trading services and provide opinions on the basis of providing virtual asset trading services. After the upgrade, customers can directly trade cryptocurrencies such as Bitcoin, Ethereum, and stablecoins such as USDT on their platform. Guotai Junan International has become the first Hong Kong Chinese securities firm to provide comprehensive virtual asset related trading services, covering virtual asset trading, consulting, and related product issuance and distribution. In recent years, the company has continued to expand its virtual asset business, including launching structured virtual asset ETF products, conducting trading platform agency business, and issuing digital bonds, actively helping Hong Kong build an international virtual asset center.