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Major Chinese brokerage known for its retail trading app and international wealth-management arm (AssetMark).
Major Chinese brokerage known for its retail trading app and international wealth-management arm (AssetMark).
Earns commissions on share trades, interest on margin loans, underwriting fees and gains on its own investments, so results move with market activity. This is the Hong Kong-listed share class of the company that also trades in Shanghai. It agreed in 2024 to sell its US wealth platform AssetMark to the investment firm GTCR.
In one line: A Chinese Charles Schwab crossed with a bulge-bracket broker.
Moat: narrow (scale, brand, distribution). Leading retail app user base plus a rare overseas wealth-management platform (AssetMark).
Headquarters: Nanjing, China · Founded: 1991 · Employees: 15,511
Size Huatai Securities (6886.HK) is a Hong Kong Financials company (Investment Banks/Brokers) with a market value of $22.5B, the 75th largest of 891 Hong Kong companies the cockpit tracks. Shares closed at HK$14.63 on 6 Nov 2026.
Performance Over six months the shares fell 12.2%, against -0.3% for the median peer and -13.4% for the Hong Kong market (cap-weighted) — 5th lowest of 21 in its peer set.
Growth Revenue grew 123.0% over the last twelve months (peer median +14.4%); the operating margin is 29.9% (peer median 36.4%).
Valuation It trades at 5.8× forward earnings against a peer median of 14.2× (cheapest of 21).
Next results Next results expected around 26 Mar 2027 (exchange calendar; dates can move).
| TTM | FY2025 | FY2024 | FY2023 | FY2022 | |
|---|---|---|---|---|---|
| Revenue | HK$111B | HK$56.6B | HK$44.0B | HK$58.7B | HK$44.1B |
| Revenue growth | — | +28% | -25% | +33% | — |
| Gross profit | HK$99.9B | HK$48.0B | HK$35.4B | HK$48.1B | HK$33.5B |
| EBITDA | HK$34.7B | HK$26.7B | HK$18.8B | HK$25.9B | HK$23.6B |
| Net income | HK$22.1B | HK$16.9B | HK$15.9B | HK$13.4B | HK$12.3B |
| Free cash flow | -HK$28.3B | -HK$20.4B | -HK$32.8B | -HK$6.48B | HK$32.2B |
| Capital expenditure | HK$1.58B | HK$1.33B | HK$1.96B | HK$1.85B | HK$1.67B |
| Total debt | n/a | HK$540B | HK$349B | HK$450B | HK$410B |
The default views of Competitor Analysis ▸ Charts, drawn from the same data. Open them in the cockpit to change the axes, pin companies and read every value.
| Company | Market cap | 6M return | Revenue growth | Op. margin | Forward P/E | Req g |
|---|---|---|---|---|---|---|
| Huatai Securities 6886.HK | $22.5B | -12% | +123% | 30% | 5.8× | n/a |
| GF Securities 1776.HK | $20.5B | -8% | +18% | 75% | 5.6× | n/a |
| CITIC Securities 6030.HK | $56.2B | -23% | +102% | 22% | 7.1× | n/a |
| Guotai Haitong Securities 2611.HK | $39.8B | -6% | +38% | 69% | 6.0× | n/a |
| China Galaxy Securities 6881.HK | $15.7B | -20% | +17% | 55% | 4.6× | n/a |
Peer set: Industry: the same industry and sector in any market, nearest in size. This is the same default set the interactive Competitor Analysis opens with.
| Measure | 6886.HK | Peer median | Rank in peer set |
|---|---|---|---|
| 1-month return | -12.3% | +0.1% | 2nd lowest of 21 |
| 6-month return | -12.2% | -0.3% | 5th lowest of 21 |
| Distance from 52-week high | -32.3% | -15.0% | 4th lowest of 21 |
| Revenue growth (TTM) | +123.0% | +14.4% | highest of 21 |
| Operating margin | 29.9% | 36.4% | 8th lowest of 21 |
| Forward P/E | 5.8× | 14.2× | cheapest of 21 |
| Company | Market | Market cap | 6M return | Revenue growth | Op. margin | Forward P/E | Req g | Delivered g |
|---|---|---|---|---|---|---|---|---|
| Huatai Securities 6886.HK | Hong Kong | $22.5B | -12% | +123% | 30% | 5.8× | n/a | n/a |
| LPL Financial LPLA | United States | $23.0B | -3% | +31% | 13% | 10.5× | n/a | n/a |
| China International Capital 601995.SS | China | $21.6B | -18% | -20% | 55% | 10.0× | n/a | n/a |
| GF Securities 000776.SZ | China | $20.9B | -10% | +37% | 42% | 7.8× | n/a | n/a |
| Euronext ENX.PA | France | $18.8B | +21% | +14% | 52% | 19.7× | n/a | n/a |
| Yuanta Financial Holding Co. Lt 2885.TW | Taiwan | $28.1B | +28% | +78% | 28% | 14.2× | n/a | n/a |
| Singapore Exchange S68.SI | Singapore | $17.2B | -2% | +14% | 57% | 27.0× | n/a | n/a |
| Tradeweb Markets TW | United States | $29.7B | +17% | +14% | 44% | 27.9× | n/a | n/a |
| BSE BSE.NS | India | $16.4B | -4% | +58% | 65% | 47.0× | n/a | n/a |
| China Galaxy Securities 601881.SS | China | $16.1B | -8% | -20% | 37% | 9.5× | n/a | n/a |
| Meritz Financial 138040.KS | South Korea | $15.7B | +18% | +31% | 49% | 8.6× | n/a | n/a |
| Shenwan Hongyuan 000166.SZ | China | $15.5B | -8% | -26% | 31% | 10.9× | n/a | n/a |
| Coinbase COIN | United States | $35.7B | -33% | -48% | -33% | 99.3× | n/a | n/a |
| Daiwa Securities 8601.T | Japan | $14.0B | +11% | +18% | 17% | 10.8× | n/a | n/a |
| Futu Holdings Ltd. Sponsored ADR FUTU | United States | $13.7B | -32% | +44% | 69% | 6.8× | n/a | n/a |
| Cboe Global Markets CBOE | United States | $36.9B | +2% | +14% | 36% | 23.4× | n/a | n/a |
| Japan Exchange 8697.T | Japan | $13.4B | +11% | +40% | 61% | 19.7× | n/a | n/a |
| TMX X.TO | Canada | $12.1B | +10% | +4% | 28% | 22.8× | n/a | n/a |
| Freedom FRHC | United States | $11.4B | +28% | +8% | 29% | 39.7× | n/a | n/a |
| State Street STT | United States | $45.0B | +11% | +2% | 33% | 11.1× | n/a | n/a |
| Evercore EVR | United States | $10.9B | -17% | +37% | 22% | 14.2× | n/a | n/a |