China Renaissance Announces Positive Profit Update
Li Auto Inc. - American Depositary Shares (LI)
Company Research
Source: PR Newswire
HONG KONG, Aug. 5, 2020 /PRNewswire/ -- China Renaissance Holdings Limited ("China Renaissance" or the "Company"; stock code: 1911.HK) announced today that, based on the preliminary review of the unaudited consolidated management accounts of the Company for the six months ended June 30, 2020, the Company expects to record a profit attributable to owners of the Company of RMB407.4 million, a 130% increase over the corresponding period of 2019. This positive profit update is largely attributable to an increase in operating profit from China Renaissance's fast-growing investment management business segment, combined with the Company's continued focus on controlling operating expenses and other costs.During the first half of 2020, China Renaissance's core businesses – Investment Banking, Investment Management and Huajing Securities – delivered steady performance despite the ongoing global macroeconomic uncertainties and challenging market conditions:Investment Banking: China Renaissance a
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Sec Filings
- 4/18/24 - Form 6-K
- 4/12/24 - Form 6-K
- 4/12/24 - Form 20-F
- LI's page on the SEC website