EconomyChina’s brokers expected to sustain strong performance on blockbuster IPOs
Chinese brokers posted strong first-half profits as active A-share trading lifted brokerage revenue by more than 50%. Blockbuster initial public offerings are expected to become a key growth engine for underwriting and sponsorship in the second half. Across 150 brokers, average net profit rose 23.5% year on year.
China’s brokers expected to sustain strong performance on blockbuster IPOs
Economy