The first half of the Pacific net profit dropped 70%

NetEase Finance July 9 Pacific Night Release Performance Express, the company's first half to achieve operating income of 247 million yuan, down 31.33%, net profit of 5,647 960,000 yuan, down 72.6%. The main reason for the decline of the company's performance is: the European countries sovereign credit crisis and domestic credit tightening, real estate control, the first half of the market has always been a consolidation decline.　　The Shanghai Composite Index fell about 27% per cent in the first half of the year, with Shen Chengzhi falling by about 31% per cent, and the company's proprietary business suffered losses. At the same time, by a A-share decline, brokerage business transactions continued to decline in 2010, the national A-share, funds and warrants turnover of about 24 trillion yuan, down from the same period last year about 4%, the company's securities brokerage business transaction amount also fell by about 4% over the same period last year. Industry Commission rate overall showed a downward trend, the company's commission rate has also declined.