Shenzhen
Component Index and Shanghai Composite Index advanced for seven
consecutive days. The SZCI peaked at 11,772 after midday, hitting a
fresh high in over three and a half years. It closed at 11,718, up
nearly 1.1%. The SHCI rose to 3,255 at most and finished at 3,246, up
nearly 0.8%. Turnover of the Shanghai and Shenzhen market declined to
RMB 263.3 billion and RMB249.3 billion respectively.
CITIC Annual Net Profit Up 1.8% to $43.902B; Final Div $0.25 CITIC (00267.HK) -0.160 (-1.447%) Short selling $8.89M; Ratio 25.055% announced that for the year ended December 2017, net profit rose 1.8% yearly to $43.902 billion, with an EPS of $1.51. A final dividend of $0.25 was declared. Profit contribution from financial sector of the company amounted to $39.5 billion, up 3% yearly. CITIC Construction continued to make inroads securing projects, both domestically and internationally, particularly along the Belt and Road corridor.
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