CICC: Raised target price of CITIC Securities (00603.HK) to HK$32, performance continues rapid growth.

According to the Wise Finance APP, CICC International released a research report stating that it has updated its forecast for Zhongxin Securities (06030.HK) from 2026 to 2028, with estimated net profits of 37.5 billion, 40.5 billion, and 44 billion yuan respectively. The target price has been raised to 32 Hong Kong dollars, corresponding to a target price-to-book ratio of 1.36 in 2026. The "buy" rating is maintained.