CITIC Securities (HKG:6030, SHA:600030) forecasts its attributable profit to increase 32% to 6.55 billion yuan in the first quarter from 4.96 billion yuan in the year-ago period, according to a Tuesday filing with the Hong Kong bourse.
The upbeat forecast is attributable to higher revenue from its wealth management and investment businesses, the filing said.
Shares closed 3% higher in Hong Kong during trading on Thursday.
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