Dongguan Securities Posts 82 Million Yuan First-Half Net Profit, Up More Than 70%

Dongguan Securities, which is waiting in China's IPO queue, reported unaudited first-half net profit of 820 million yuan, up more than 70% year on year, according to 36Kr. Jinlong shares said the brokerage's stronger earnings have also provided key support for its own turnaround in net profit excluding non-recurring items. There are now four brokerages in China's IPO queue: Dongguan Securities, Cashi Securities, Hualong Securities and Bohai Securities.