BRIEF-Haitong Securities Updates On Provision For Asset Impairment And Write-Off Of Assets

Reuters04-26

April 26 (Reuters) - Haitong Securities Co Ltd

:

* PROVISION FOR ASSET IMPAIRMENT AND WRITE-OFF OF ASSETS

* FROM JAN TO MARCH MADE PROVISION FOR CREDIT IMPAIRMENT LOSSES OF RMB261.3928 MILLION

* FROM JAN TO MARCH MADE PROVISION FOR ASSET IMPAIRMENT LOSSES OF RMB259.5012 MILLION IN TOTAL

* WROTE OFF CERTAIN FINANCE LEASE RECEIVABLES & LONG-TERM RECEIVABLES OF RMB131.8568 MILLION IN TOTAL FROM JAN TO MARCH

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