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<Alert> China International Capital Corporation (03908.HK) Expects 1Q Net Profit Up to RMB3.88B, Up 90% YoY
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China International Capital Corporation (03908.HK) issued a positive profit alert, expecting to record net profit attributable to shareholders of between RMB3.369 billion and RMB3.88 billion for the first quarter, representing a YoY increase of 65% to 90%. During the quarter, the company adhered to the political positioning of a state-owned financial enterprise and actively seized favorable opportunities arising from a stable and improving capital market as well as increased trading activity, driving coordinated efforts and balanced growth across its core businesses, including investment banking and wealth management. (de/d)



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