The Shanghai Composite Index sank 0.53% to close at 2,846.117, while the Shenzhen Composite Index rose 0.24% to close at 854.83 on Thursday. Trading volume on the Shanghai and Shenzhen Stock Exchanges reached RMB 65.13 billion and RMB 33.23 billion, respectively.
Shares of Guoyuan Securities (000728.SZ) and Northeast Securities (000686.SZ) soared 9.99% and 9.56%, respectively; while Haitong Securities (600837.SH) saw shares drop 0.53% on preliminary results for the first half of 2008. Haitong is looking at a revenue slide of 14.91% year-on-year, estimated to reach revenue of RMB 4.04 billion in the period, coupled by a net profit decline of 1.44% to RMB 2.01 billion.