Summary by Moomoo AI
CITIC Securities issued its first quarter 2024 unaudited financial report on April 26, 2024. The report showed that CITIC Securities achieved operating income of approximately RMB 137.55 billion in the first quarter, and net profit attributable to the shareholders of its parent company was approximately RMB 49.59 billion. Compared to the same period last year, operating income and net profit decreased by 10.38% and 8.47%, respectively. Net cash flow generated by operating activities increased significantly to approximately RMB704.95 billion. During this reporting period, CITIC Securities established a new securities division and completed the relocation of four securities divisions in the same city. In addition, the company issued multiple corporate bonds and perpetual subordinated bonds in 2024. IN CITIC SECURITIES SHAREHOLDER STRUCTURE, HONG KONG CENTRAL CLEARING (AGENT) LIMITED AND CHINA CITIC FINANCIAL HOLDINGS LIMITED ARE THE TOP TWO SHAREHOLDERS. At the end of the reporting period, the total number of CITIC securities shareholders was 544,164. CITIC Securities financial statements have been published on the website of Hong Kong Trading and Settlement Limited.
