CITIC Securities
Co , China s biggest brokerage, on Friday
reported an 8.5% fall in first-quarter net profit. Net profit fell to 4.96 billion yuan in
the three months to March 31,.
Ping An
Insurance s first-quarter net profit fell
4.3%, hit by shrinking returns from property and casualty
insurance as well as its asset management operations, the
Chinese insurance giant reported.
CITIC Securities Co Ltd , reported a 45.8% rise in third-quarter net profit, as China's biggest brokerage posted strong growth in commission fees after rapidly expanding its asset management and investment banking businesses.