China's CITIC Securities posts biggest first-half profit growth in five years


Corrects year in first paragraph to 2015

BEIJING/SHANGHAI, Aug 24 (Reuters) - CITIC Securities Co 600030.SS, 6030.HK, China's largest brokerage, on Monday reported a 38.5% jump in first-half profit, with its biggest increase since 2015 led by gains from securities investment.

Net profit for the six months to June 30 rose to 8.93 billion yuan ($1.29 billion) from 6.45 billion yuan a year earlier, the company said in a stock exchange filing, largely in line with preliminary results released in July.

($1 = 6.9125 Chinese yuan renminbi)

(Reporting by Zhang Yan and Cheng Leng in Beijing and Engen Tham in Shanghai Editing by David Goodman)


The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.


More Related Articles

Info icon

This data feed is not available at this time.

Sign up for Smart Investing to get the latest news, strategies and tips to help you invest smarter.