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The latest update is out from CITIC Securities Co ( (HK:6030) ).
CITIC Securities Co has announced preliminary financial data for its controlled subsidiary, China Asset Management Co., Ltd. (China AMC), for the year 2024. The company reported total assets of RMB20.234 billion and liabilities of RMB6.302 billion, with an operating revenue of RMB8.031 billion and net profit of RMB2.158 billion. The assets under management at the parent level amounted to RMB2,464.531 billion. These preliminary figures, which are yet to be audited, indicate a robust financial performance, underscoring China AMC’s significant role in CITIC Securities’ portfolio and its strong positioning in the asset management industry.
More about CITIC Securities Co
CITIC Securities Co is a leading financial services company based in China, offering a range of services including securities brokerage, asset management, and investment banking. The company is well-positioned in the financial industry with a focus on expanding its market presence through strategic investments and subsidiaries such as China Asset Management Co., Ltd.
YTD Price Performance: 9.72%
Average Trading Volume: 36,500
Technical Sentiment Consensus Rating: Sell
Current Market Cap: $51.18B
See more data about 6030 stock on TipRanks’ Stock Analysis page.
