Haitong Securities - 1Q16 pre - tax profit of RMB billion ( $ 500 billion ) , down 57 % YoY , due to weaker net interest and lower capital flows amid volatile market conditions .
Haitong Securities - 1Q16 pre-tax profit of RMB 1.75bn ($270m), down 57% YoY, due to weaker net interest and lower investment gains amid volatile market conditions.