Shanghai Stock Exchange · China · Updated after 27 Oct 2026 close

China Merchants Securities Co Ltd

600999 · Shanghai Stock Exchange · prices in CNY

CNY 15.86▼ -0.40 (2.46%)

Research report

About China Merchants Securities Co Ltd

China Merchants Securities is a securities firm based in Shenzhen that serves individual investors and institutional clients across China. Its business covers securities brokerage for retail and institutional customers, investment banking services such as underwriting and corporate finance advice, asset management, and margin financing and securities lending. The company also offers proprietary trading and wealth management services, and it operates as part of the broader China Merchants Group conglomerate.

China Merchants Securities Co Ltd trades under the code 600999 on the Shanghai Stock Exchange in China, with its price quoted in Chinese yuan (CNY). Our dividend records, which start in 2019, show payments in 8 different calendar years. The Market X-Ray on this page is price-based and compares it with other stocks on the same exchange; it does not measure how healthy the business is.

Market X-Ray · price-based

Strong price profile

Ranks #115 of 2280 on the Shanghai Stock Exchange · confidence High

What this score is, and is not

It describes how this stock has traded: trend, momentum, risk, liquidity and dividends, each ranked against the other stocks on its own exchange. It does not measure how healthy or cheap the business is. That fundamental X-Ray needs financial statements, which we do not have for China yet.

TrendStrong

77/100

Trading above its long-term averages and near its highs.

See the numbers →

Above 200-day average-6.4%

From 52-week high-30.9%

MomentumFair

61/100

Typical recent returns for this exchange.

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3-month return-12.2%

6-month return6.4%

12-month, skipping last month3.4%

Stability (higher is calmer)Strong

88/100

Calmer than most: low volatility and shallow drawdowns.

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Volatility, 1 year (lower is calmer)26.7%

Worst drawdown, 1 year (smaller is calmer)-28.7%

LiquidityStrong

90/100

Trades actively.

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Avg daily value traded879.21M CNY

Zero-volume days0.0%

IncomeStrong

80/100

Dividend is high and has been paid regularly.

See the numbers →

Dividend yield3.9%

Years with dividends5

Price-based X-Ray. The fundamental X-Ray (financial health, valuation, growth, fair value) is available for US stocks today. It will follow for China when fundamentals data for this market is added. All China stocks.

Price trend

Below its 200-day average

Versus its 50- and 200-day averages

52-week range

14.93 – 23.21

Price is 11% of the way up

Returns

−12.2% 3m · −6.0% 1y

Price returns, dividends not included

RSI (14)

Neutral zone

Price chart

Interactive chart

52-wk range 14.93 – 23.21 Daily closes, split-adjusted

Signals

50-day average17.44

200-day average16.95

Golden/death cross (60d)None

New 52-week highNo

Bullish RSI divergenceNo

Average daily range (ATR)0.38

Technical summary

Daily

Strongly bearish

3 bullish · 1 neutral · 12 bearish

Weekly

Strongly bearish

1 bullish · 1 neutral · 10 bearish

Monthly

Bearish

2 bullish · 1 neutral · 5 bearish

Moving averages (daily)

SMA 10	16.34	Bearish
EMA 10	16.32	Bearish
SMA 20	16.78	Bearish
EMA 20	16.67	Bearish
SMA 50	17.44	Bearish
EMA 50	17.23	Bearish
SMA 100	18.02	Bearish
EMA 100	17.39	Bearish
SMA 200	16.95	Bearish
EMA 200	17.19	Bearish

Oscillators (daily)

RSI (14)	30.92	Neutral
MACD (12, 26)	-0.43	Bearish
Momentum (12)	-6.92	Bearish
Stochastic %K (14)	15.85	Bullish
Williams %R (14)	-84.15	Bullish
CCI (20)	-119.3	Bullish

Pivot points (classic, last session)

15.41

15.63

15.75

Pivot

15.97

16.09

16.31

16.43

Signals describe what the chart is doing, not what to do. Moving averages: price above the average is bullish. Oscillators use the usual thresholds (RSI 30/70, Stochastic 20/80, CCI ±100, Williams %R −80/−20; MACD and momentum above zero are bullish). Weekly and monthly views use closing prices only.

Dividends

Paid, last 12 months

0.62 CNY

Yield on today's price

3.88%

Frequency

Semi-annual

Next ex-dividend date

Not announced

Tap a dividend date to compare the dividend yield on that day with today's.

Ex-dividend date	Amount per share
	0.1670
This payment: 0.1670 CNY per share, ex-dividend 15 Sep 2026. On 15 Sep 2026 3.58% Share price that day 17.22 CNY. Dividends in the 12 months up to that day: 0.6160 CNY (0.1670 + 0.4490). Today, latest close 27 Oct 2026 3.88% Share price 15.86 CNY. Dividends in the last 12 months: 0.6160 CNY (0.1670 + 0.4490). Dividend yield = dividends paid in the 12 months up to that day divided by the share price that day, before tax. Past dividends are not a promise of future ones.
	0.4490
This payment: 0.4490 CNY per share, ex-dividend 16 Jul 2026. On 16 Jul 2026 2.92% Share price that day 19.48 CNY. Dividends in the 12 months up to that day: 0.5680 CNY (0.4490 + 0.1190). Today, latest close 27 Oct 2026 3.88% Share price 15.86 CNY. Dividends in the last 12 months: 0.6160 CNY (0.1670 + 0.4490). Dividend yield = dividends paid in the 12 months up to that day divided by the share price that day, before tax. Past dividends are not a promise of future ones.
	0.1190
This payment: 0.1190 CNY per share, ex-dividend 18 Sep 2025. On 18 Sep 2025 2.91% Share price that day 17.05 CNY. Dividends in the 12 months up to that day: 0.4960 CNY (0.1190 + 0.3770). Today, latest close 27 Oct 2026 3.88% Share price 15.86 CNY. Dividends in the last 12 months: 0.6160 CNY (0.1670 + 0.4490). Dividend yield = dividends paid in the 12 months up to that day divided by the share price that day, before tax. Past dividends are not a promise of future ones.
	0.3770
This payment: 0.3770 CNY per share, ex-dividend 16 Jul 2025. On 16 Jul 2025 2.76% Share price that day 17.34 CNY. Dividends in the 12 months up to that day: 0.4780 CNY (0.3770 + 0.1010). Today, latest close 27 Oct 2026 3.88% Share price 15.86 CNY. Dividends in the last 12 months: 0.6160 CNY (0.1670 + 0.4490). Dividend yield = dividends paid in the 12 months up to that day divided by the share price that day, before tax. Past dividends are not a promise of future ones.
	0.1010
This payment: 0.1010 CNY per share, ex-dividend 20 Sep 2024. On 20 Sep 2024 2.35% Share price that day 15.05 CNY. Dividends in the 12 months up to that day: 0.3530 CNY (0.1010 + 0.2520). Today, latest close 27 Oct 2026 3.88% Share price 15.86 CNY. Dividends in the last 12 months: 0.6160 CNY (0.1670 + 0.4490). Dividend yield = dividends paid in the 12 months up to that day divided by the share price that day, before tax. Past dividends are not a promise of future ones.
	0.2520
This payment: 0.2520 CNY per share, ex-dividend 16 Jul 2024. On 16 Jul 2024 3.10% Share price that day 14.08 CNY. Dividends in the 12 months up to that day: 0.4370 CNY (0.2520 + 0.1850). Today, latest close 27 Oct 2026 3.88% Share price 15.86 CNY. Dividends in the last 12 months: 0.6160 CNY (0.1670 + 0.4490). Dividend yield = dividends paid in the 12 months up to that day divided by the share price that day, before tax. Past dividends are not a promise of future ones.
	0.1850
This payment: 0.1850 CNY per share, ex-dividend 25 Jul 2023. On 25 Jul 2023 5.09% Share price that day 14.23 CNY. Dividends in the 12 months up to that day: 0.7250 CNY (0.1850 + 0.5400). Today, latest close 27 Oct 2026 3.88% Share price 15.86 CNY. Dividends in the last 12 months: 0.6160 CNY (0.1670 + 0.4490). Dividend yield = dividends paid in the 12 months up to that day divided by the share price that day, before tax. Past dividends are not a promise of future ones.
	0.5400
This payment: 0.5400 CNY per share, ex-dividend 8 Aug 2022. On 8 Aug 2022 4.03% Share price that day 13.41 CNY. Dividends in the 12 months up to that day: 0.5400 CNY. Today, latest close 27 Oct 2026 3.88% Share price 15.86 CNY. Dividends in the last 12 months: 0.6160 CNY (0.1670 + 0.4490). Dividend yield = dividends paid in the 12 months up to that day divided by the share price that day, before tax. Past dividends are not a promise of future ones.
	0.4370
This payment: 0.4370 CNY per share, ex-dividend 30 Jul 2021. Today, latest close 27 Oct 2026 3.88% Share price 15.86 CNY. Dividends in the last 12 months: 0.6160 CNY (0.1670 + 0.4490). Dividend yield = dividends paid in the 12 months up to that day divided by the share price that day, before tax. Past dividends are not a promise of future ones.
	0.3350
This payment: 0.3350 CNY per share, ex-dividend 11 Dec 2020. Today, latest close 27 Oct 2026 3.88% Share price 15.86 CNY. Dividends in the last 12 months: 0.6160 CNY (0.1670 + 0.4490). Dividend yield = dividends paid in the 12 months up to that day divided by the share price that day, before tax. Past dividends are not a promise of future ones.
	0.2640
This payment: 0.2640 CNY per share, ex-dividend 27 Aug 2019. Today, latest close 27 Oct 2026 3.88% Share price 15.86 CNY. Dividends in the last 12 months: 0.6160 CNY (0.1670 + 0.4490). Dividend yield = dividends paid in the 12 months up to that day divided by the share price that day, before tax. Past dividends are not a promise of future ones.

Ex-dividend dates and amounts from our market-data provider. Shown as declared, before tax.

Prices are end-of-day closes in CNY. Educational only, not financial advice.