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

Gate News bot reports, according to Gelonghui, on July 10, Guotai Junan International announced that it expects a net profit of HK$515 million to HK$595 million for the six months ending June 30, 2025, an increase of 161% to 202% compared to HK$197 million in the same period of 2024. This profit growth is mainly attributed to the significant rise in revenue from the group's core businesses, including wealth management, corporate financing, asset management, and trading and investment. The company is reviewing the interim performance for the six months ending June 30, 2025, and this performance announcement will be made within the timeframe stipulated by the listing rules.

Previously, Guotai Junan International announced that Guotai Haitong Group's subsidiary, Guotai Junan International Holdings Limited, officially received approval from the Hong Kong Securities and Futures Commission on June 24 to upgrade its existing securities trading license to provide virtual asset trading services, as well as to offer advice based on the provision of virtual asset trading services. After the upgrade, customers will be able to directly trade cryptocurrencies such as Bitcoin, Ethereum, and stablecoins like USDT on its platform.

Guotai Junan International has thus become the first Hong Kong-based 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 continuously expanded its virtual asset business, including launching virtual asset ETF structured products, engaging in trading agency business, and issuing digital bonds, actively contributing to Hong Kong's efforts to build an international virtual asset center.