Barron’s Reporting Investment Opportunity in China’s Huatai Securities

China’s online brokerage market for retail investors is growing rapidly; Barron’s suggests investment in China’s Huatai Securities (6886.HK) which is one of the online brokerage market’s best positioned companies; the firm is China’s largest brokerage by trading volume and offers low commission rates; its business is also diversified with its wealth management unit increasing assets under management by 44% in 2016; Barron’s cautions investors on the firm’s earnings, with comparable net profit down 44% in the first three quarters however analysts are expecting an earnings increase of 21% in 2017. Source

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