CICC's Wealth Management Unit Brings Stability To H1 Earnings
Net profit for the elite dealmaker’s wealth management subsidiary more than doubled in the first half of the year, providing crucial earnings stability as investors shun real estate image credit: Bamboo
A big money-managing part of CICC made much more profit in the first half of the year, which helps the whole company stay steady. This shows that when some businesses struggle, having different parts doing well can keep a company's earnings from falling apart.
Source: Benzinga · Read the original report at the publisher. Headline and figures shown for context; data may be delayed.
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