Hongta Securities Co Ltd traded at 7.21 this Friday May 15th, decreasing 0.13 or 1.77 percent since the previous trading session. Looking back, over the last four weeks, Hongta Securities lost 7.45 percent. Over the last 12 months, its price fell by 14.88 percent. Looking ahead, we forecast Hongta Securities Co Ltd to be priced at 7.35 by the end of this quarter and at 6.91 in one year, according to Trading Economics global macro models projections and analysts expectations.
Hongta Securities Co., Ltd. is a China-based company mainly engaged in securities business. The Company is principally engaged in securities brokerage, securities investment and credit transactions. The securities brokerage business is principally engaged in the agency trading of securities business. The securities investment business is mainly engaged in the business of buying and selling securities in its own name and capital. The credit transaction business mainly includes the margin financing and securities lending business, the stock pledged repo business and the agreed repurchase securities trading business. The Company is also engaged in investment banking, asset management and other businesses. The Company mainly conducts its businesses in domestic market.