Lates News

According to the AI fast news of Every Business, Guojin Securities issued a research report on April 30, stating that it gave a buy rating to Guotai Haitong (601211.SH). The rating reasons mainly include: 1) brokerage business: benefiting from the warming of the market trading, the daily average trading volume of the entire market in Q1 reached 1.75 trillion yuan, a year-on-year increase of 71%; 2) investment banking business: net income yoy+10% to 700 million yuan; 3) asset management business: net income yoy+27% to 1.2 billion yuan; 4) proprietary trading business net income yoy+67% to 4 billion yuan, due to the absorption and merger at the end of Q1, the scale of proprietary trading assets increased by 39% to 734.8 billion yuan compared to the end of last year. (Daily Economic News)