2016-07-10 16:00Financial Performance - Total revenue for the first half of 2016 was 6.088 billion RMB, a decrease of 64.30% compared to the same period in 2015[6] - Net profit attributable to shareholders of the parent company was 2.123 billion RMB, down 72.12% year-on-year[6] - Basic earnings per share were 0.14 RMB, a decrease of 72.55% compared to the same period last year[6] - The weighted average return on net assets was 4.30%, a decrease of 13.63 percentage points year-on-year[6] Assets and Equity - Total assets as of June 30, 2016, were 284.58 billion RMB, a decline of 14.69% from the beginning of the year[6] - Net assets attributable to shareholders of the parent company decreased to 43.48 billion RMB, down 13.45% from the beginning of the year[6] Market Conditions - The decline in performance was primarily due to the impact of market conditions on the company's securities brokerage, proprietary trading, asset management, and margin financing businesses[6] - The domestic stock market experienced a slow recovery after significant volatility in 2015, affecting the company's securities business performance[5] Strategic Initiatives - The company actively expanded its investment management and diversified financial services, including investments in other financial sectors such as banking[5] Economic Environment - The financial environment remained stable and accommodative, with ongoing supply-side reforms and deepening financial system reforms[4]