trending Market Intelligence /marketintelligence/en/news-insights/trending/9nJZV9RI7tXmmscyC19cZA2 content esgSubNav
Log in to other products

Login to Market Intelligence Platform

 /


Looking for more?

Contact Us
In This List

Southwest Securities International expects net loss for H1

Blog

Banking Essentials Newsletter, January edition - part 2

Banking Essentials Newsletter December Edition Part 2

Banking Essentials Newsletter - November Edition

University Essentials | COVID-19 Economic Outlook in Banking: Rates and Long-Term Expectations: Q&A with the Experts


Southwest Securities International expects net loss for H1

SouthwestSecurities International Securities Ltd. expects to post a net lossfor the six months ended June 30 amid the persistent slowdown of macroeconomicgrowth in China and the high volatility of the stock market.

The company said July 19 that it expects to post a loss ofabout HK$61 million for the six-month period as compared to a net profit in thesix months ended Dec. 31, 2015.

The company attributed the loss to the performance of thegroup's proprietary trading in securities and the impairment loss on accountsreceivable.