Net Profit of 13 Listed Securities Companies Doubled in February

Source: Cnstock, ChinaScope Financial (Data)

+       13 securities companies listed on the A share market, including CITIC Securities Co., Ltd. (SSE: 600030) and Northeast Securities Co., Ltd. (SZSE: 000686), has released their February operational data which shows that total net profits has increased 114.8% month-on-month.

+       The A share market trend last month was unilaterally upbeat. As it continues to pick up, trading volume will also rise. According to Haitong Securities Co., Ltd. (SSE: 600837), the average daily turnover of market equity funds in February was CNY 163 billion, a 35.8% year-on-year drop but a 42.8% month-on-month increase.

Broker’s operating income has increased month-on-month, as the market rebounds.

Trading Comparable

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