China CITIC Securities' Q1 profit nearly triples on brokerage fees

April 29, 2015 9:49 AM

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SHANGHAI, April 29 (Reuters) - China's biggest brokerage, CITIC Securities Co Ltd , posted a near tripling of first-quarter earnings on Wednesday as strong trading volumes boosted brokerage fees.

Net profit in the January-March period rose to 3.82 billion yuan ($616.24 million) from 1.31 billion a year earlier, the company said in an unaudited exchange filing.

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