Structured products sales boost Huatai Securities net profit

Huatai Securities’ net profit has grown by 4.6% to CNY2.5 billion (US$375.5m) in the third quarter – year-to-date, the firm has reported a net profit of CNY8.9 billion, up 37.8% year-on-year (YoY).  The Nanjing-headquartered securities firm issued and distributed 126 structured products with strike dates between April and June, compared with 215 products issued from January to March, SRP data shows. However, the Chinese firm racked up CNY1.3 billion in Q2 20 - driven by four a