BEIJING, May 9 (Xinhua ) – A majority of listed securities firms in China saw a month-on-month slump in net profits in April.
Of the 22 listed securities firms that had disclosed their monthly results, about 20 reported a net profit decline month on month.
Five listed securities firms, including Guotai Junan Securities, CITIC Securities, Haitong Securities, Huatai Securities and GF Securities, saw their net profits exceed 500 million yuan last month.
Compared with the results of March this year, First Capital was the worst performer, with its net profit down 98.18 percent month on month, followed by Northeast Securities, with its net profit decline of 95.43 percent month on month.
(Edited by Yang Yifan, yangyifan@xinhua.org)
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