SHE:002945

2 stories mentioning SHE:002945Updated 40d ago

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ChinaLin Securities to Buy Majority Stake in Commodity Futures Brokerage; Shares Up 3%

ChinaLin Securities (SHE:002945) plans to acquire 94% of commodity futures brokerage HNA Futures, according to a Shenzhen bourse filing on Wednesday.The transaction price is yet to be determined.The stake will be acquired from HNA Capital Group and Shaanxi Yanghangyun Enterprise Management.The securities broker's shares jumped over 3% during the midday trade.

SHE:002945

Asia54d ago

ChinaLin Securities Q1 Profit Slides 9%, Revenue Rises 15%

ChinaLin Securities (SHE:002945) posted first-quarter attributable net profit of 93.8 million yuan, down 9.0% from 103.0 million yuan the previous year.Earnings per share declined to 0.0347 yuan from 0.0382 yuan, according to a weekend filing on the Shenzhen bourse.The securities broker's operating revenue climbed 15% year over year to 373.9 million yuan from 324.6 million yuan.

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