ZHONGTAI FUTURES Forecasts Major Profit Decline

ZHONGTAI FUTURES Company Limited Class H (HK:1461) has released an update.

ZHONGTAI FUTURES Company Limited has issued a profit warning, anticipating a sharp 95% drop in net profit for the first half of 2024 compared to the previous year, primarily due to significant fluctuations in China’s A-share market affecting its equity option business. The company is undertaking business transformation efforts, focusing on customer service enhancement and risk management optimization, to promote high-quality development. Investors are cautioned to tread carefully with the company’s shares until the official interim results are published.

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