NBD AI Bulletin - China Securities Co Ltd (the Company) on January 22 issued a performance forecast, expecting the Company's net profit attributable to shareholders of the listed company in 2020 to increase by 4.008 billion yuan or by 72.85% from a year ago to about 9.509 billion yuan. Net profit attributable to shareholders of the listed company after deducting the non-recurrent gains and losses is projected to increase by 4.011 billion yuan or by 73.1% compared with the previous year to about 9.499 billion yuan.
The main reason for the change in performance is the significant growth in main businesses including proprietary investment, commission from brokerage business, and commission from investment banking business amid the favorable development of the capital market in 2020.
China Securities Co Ltd's chairman is Wang Changqing, male, 58 years old, deputy director of the investment banking committee of the Securities Association of China. China Securities Co Ltd's general manager is Li Geping, male, 54, master of economics, doctor of economics.
Tips on "Stock Trends":
1. The number of shares held by northbound investors in the Company decreased by 3.2146 million in the past 30 days, representing 0.24% of the Company's circulating shares.
2. There was no institutional research on the Company in the past 30 days.
(By Lan Suying)
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