Ukraine and Türkiye have agreed to work on the Black Sea grain corridor to ensure that it remains operational and functions effectively, said Ukrainian President Volodymyr Zelensky on Saturday.
On the same day, Zelensky arrived in Türkiye's Istanbul and held a meeting with Turkish President Recep Tayyip Erdogan. Zelensky wrote on Telegram that this was an important and substantive meeting and that a significant part of the conversation was devoted to issues concerning the Black Sea, including food security.
"And today, we agreed with President Erdogan to work on the Black Sea 'grain corridor' -- to ensure that the corridor exists and operates effectively," the Ukrainian president noted.
According to Zelensky, both sides are preparing new joint industrial and other economic projects. "We have significant potential in the energy and infrastructure sectors," he added.
Ukraine, Türkiye agree to work on Black Sea grain corridor: Zelensky
China's listed securities brokers reported steady net profit growth in the first three quarters of this year, according to the latest data.
During the period, 48 listed securities brokerage firms and brokerage concept stocks recorded combined operating revenues of 528.04 billion yuan (about 79.27 billion U.S. dollars), an increase of 18.73 percent year on year.
Among the revenues, net profit attributable to the parent company neared 222.62 billion yuan, an increase of 23.02 percent year on year.
A total of 26 companies achieved year-on-year growth in both operating revenue and net profit attributable to the parent company during this period.
In the first three quarters, CITIC Securities ranked first, reporting an operating revenue of 66.59 billion yuan and a net profit attributable to the parent company of more than 31.02 billion yuan.
Guotai Haitong Securities posted an operating revenue of nearly 58.98 billion yuan and a net profit attributable to the parent company of more than 24.88 billion yuan.
China Merchants Securities, GF Securities and China International Capital Corporation were also among brokerage firms whose net profit attributable to their parent companies each exceeded 10 billion yuan.
"As competition across the industry intensifies, the divergence among brokerage firms is likely to become more pronounced. Looking ahead, firms that possess comprehensive financial service capabilities, specialized business strengths and robust risk management frameworks will be better positioned to gain a competitive advantage. Optimizing revenue structures, mitigating performance volatility and enhancing the stability of earnings will be key priorities for the high-quality development of brokerage firms," said Tian Lihui, a finance professor at the Nankai University.
China's securities brokers see profits growth in first three quarters
