CITIC Securities tops underwriters

CITIC Securities Co and its subsidiary have topped the list of brokers earning underwriting fees for the first batch of stock listings on the NASDAQ-style growth enterprises board (GEB).

CITIC Securities net profit falls 19.77 pct in H1

CITIC Securities Co., China's largest listed brokerage, posted a 19.77 percent decline in net profit in the first half of this year on a suspension of initial public offerings and a decrease in fund sales.

Citic Securities reports 101.3% net profit up in Q1

Citic Securities, the country's biggest brokerage, said its net profit stood at 2.522 billion yuan (US$360.34 million) in the first quarter, up 101.03 percent year on year, said Monday's Shanghai Securities News.

CITIC Securities gives up Bear-y investment

CITIC Securities Co canceled a proposed US$1-billion investment in Bear Stearns Cos after the Wall Street brokerage was bought by JPMorgan & Chase Co, said the chairman of CITIC's parent company.

CITIC Securities approved for overseas investment

CITIC Securities Co said yesterday it had gained a license from the country's stock regulator to invest clients' capital in overseas securities markets under the Qualified Domestic Institutional Investor scheme.

Citic Securities Says Net Profit Likely Rises 550 Pct in First Half

China's Citic Securities said Tuesday its net profit is likely to soar by more than 5.5 times in the first half of the year from a year earlier.