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BIZCHINA / News
CITIC Securities profit surged
(China Daily)
Updated: 2007-07-25 08:44
CITIC Securities, China's largest listed brokerage, said yesterday that
its net profit in the first half of this year is expected to rise more
than 5.5 times over the previous year.
The company cited the strong Chinese stock market and heavy trading
turnover for the sharp increase. In the first half of last year, CITIC
Securities posted a net profit of 628 million yuan(US$82.8 million).
(For more biz stories, please visit Industry Updates)
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