Hong Kong, 26 August 2021: CLSA recorded significant growth in the first half of 2021, marking its best performance since CITIC Securities’ (“CITICS”) acquisition in 2013.
Owing to CITICS’ globally-integrated management system, CLSA escalated last year’s record-breaking momentum and soared to new heights in the first half of 2021 across all business lines. Operating income in the period was HKD 4.96 billion, up 110% year-on-year; net profit reached HKD 1.7 billion, surging 844% compared to the same period last year. The company’s total assets and net assets amounted to HKD 250.38 billion and HKD 11.63 billion, up 44% and 26% respectively.
On August 19, CLSA’s parent company CITICS announced its interim results for the first half of 2021. CITICS reported an operating income of RMB 37.721 billion, an increase of 41.05% year-on-year. Net profit attributable to owners of the parent company was RMB 12.198 billion, up 36.66% year-on-year. Among Chinese securities houses that have disclosed interim results, CITICS is the only one exceeding the threshold of RMB 10 billion net profit. Major businesses continued to top the rankings among peers.
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About CLSA Limited
CLSA, CITIC Securities’ international platform, provides global investors and corporates with insights, liquidity and capital to drive their growth strategies. Award-winning research, an extensive Asia footprint, direct links to China and highly experienced finance professionals differentiate our innovative products and services in asset management, corporate finance, equity and debt capital markets, securities and wealth management. As part of CITIC Securities (SSE: 600030, SEHK: 6030), China’s leading investment bank, CLSA is uniquely positioned to facilitate cross-border capital flows and connect China with the world and the world to China. CLSA operates from 22 cities across Asia, Australia, Europe and the United States. For further information, please visit www.clsa.com.
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