IN BRIEF (Page 5)
China Daily | Updated: 2019-11-02 06:19
Listed brokerages report higher profits
China's brokerages listed on the country's mainland stock market posted steady revenue and higher profits in the first three quarters of this year. Combined operating revenues of the 36 listed securities traders reached 274.46 billion yuan ($38.91 billion) in the first nine months, up 47.5 percent year-on-year, according to their filings to the stock exchanges. The firms' total net profit jumped 65 percent year-on-year to 79.73 billion yuan during the same period. Revenue and net profit of the 36 firms saw faster growth than those in the same period of the previous two years.
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