As the disclosure of the semi-annual reports came to an end, the results of the listed brokerage firms for the first half of this year were collectively released. Overall, in the first half of this year, 43 listed brokerage firms made a total net profit of 63.961 billion yuan, a year-on-year decrease of more than 20%. The top five net profit rankings are CITIC Securities, Huatai Securities, Cathay Pacific Junan, China Merchants Securities, and China Galaxy. About a quarter of the brokers' net profit grew positively year on year, and 1 brokerage firm lost money. In terms of business structure, revenue from proprietary business became the ballast stone of performance, accounting for more than 30% of revenue; brokerage business accounted for nearly 20% of revenue; asset management business, credit business, and investment banking business all accounted for less than 10% of revenue. Additionally, other businesses account for approximately 26% of revenue. Among them, the investment banking business and credit business saw the biggest decline, with year-on-year declines of 40% and 30%, respectively.

As the disclosure of the semi-annual reports came to an end, the results of the listed brokerage firms for the first half of this year were collectively released. Overall, in the first half of this year, 43 listed brokerage firms made a total net profit of 63.961 billion yuan, a year-on-year decrease of more than 20%. The top five net profit rankings are CITIC Securities, Huatai Securities, Cathay Pacific Junan, China Merchants Securities, and China Galaxy. About a quarter of the brokers' net profit grew positively year on year, and 1 brokerage firm lost money. In terms of business structure, revenue from proprietary business became the ballast stone of performance, accounting for more than 30% of revenue; brokerage business accounted for nearly 20% of revenue; asset management business, credit business, and investment banking business all accounted for less than 10% of revenue. Additionally, other businesses account for approximately 26% of revenue. Among them, the investment banking business and credit business saw the biggest decline, with year-on-year declines of 40% and 30%, respectively.