CITIC Securities, one of China's leading brokerage firms, reported rising net profits last year.
Net profits for the company increased by 30.23 percent year on year to 12.23 billion yuan (1.7 billion U.S. dollars) in 2019, according to a statement the company filed with the Shanghai Stock Exchange.
Operating revenue stood at 43.14 billion yuan last year, up 15.9 percent from a year ago, the statement showed.
CITIC Securities shares gained 1.34 percent to close at 22.66 yuan per share on the Shanghai Stock Exchange Friday.
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