$CMSC(06099.HK) has released its financial report, which is generally positive. Here's a summary: On October 29, 2024, China Merchants Securities released a financial report with mixed results, but overall leaning positive. Below is a detailed analysis:

• Positive aspects:

• Net profit growth: The net profit for the first three quarters was 7.149 billion yuan, a year-on-year increase of 11.68%. This indicates an improvement in the company's profitability. Profit growth is an important reflection of good business performance and serves as a positive signal for investors, helping to boost their confidence in the company.

• Strong performance in Q3: The net profit for Q3 was 2.402 billion yuan, a year-on-year increase of 43.43%. The significant growth in quarterly performance suggests positive changes in the company's operational strategies or market conditions during this period, leading to better profitability.

• Increase in proprietary business revenue: The growth in net profit was mainly driven by an increase in proprietary business revenue. Proprietary business is one of the core operations of securities firms, and the rise in revenue indicates effective investment decisions and risk management, showcasing strong investment capabilities and market insight.

• Less optimistic aspects:

• Decline in operating revenue: The operating revenue for the first three quarters was 14.279 billion yuan, a year-on-year decrease of 3.98%. This suggests potential challenges in business scale or market share, failing to achieve synchronized revenue growth. However, maintaining relatively stable operating revenue in the current market environment is no easy feat and requires further analysis of other factors.

Overall, the highlights of China Merchants Securities' financial report released on October 29, 2024, are the profit growth and strong Q3 performance. Although operating revenue slightly declined, its overall impact on the company is relatively minor. These figures reflect the company's strengths and potential in business management and development, which bode well for its long-term growth. However, investors should still make comprehensive judgments based on their investment goals and risk tolerance.