BEIJING, Jan. 16 (Xinhua) -- CITIC Securities, a major securities brokerage in China, saw rapid profit growth in 2021, the firm said in an earnings estimate.
Net profit attributable to shareholders for the firm jumped 54.2 percent year on year in 2021 to about 23 billion yuan (about 3.6 billion U.S. dollars), the firm said in a filing with the Shanghai Stock Exchange.
Its revenue increased 40.8 percent from a year earlier to 76.6 billion yuan.
The result came amid sound growth of the overall economy and robust development of the capital market, which facilitated stable growth in the company's investment banking and asset management businesses, the company said.
The results are subject to auditing and could differ from the final data, the firm said.
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