Haitong Securities Tops Firms in Profitability

(Beijing) – Recently published data shows that Haitong Securities has displaced Citic Securities as the most profitable securities firm in the country, when measured by net profit for the first six months of the year.

In the first half of the year, Citic Securities' net profit was 2.11 billion yuan, compared with Haitong's 2.66 billion yuan.