As the A-share market recently soared and declined, the “bull market standard-bearer” brokerage sector also followed adjustments. However, as one of the sectors most likely to benefit from a series of recent market-boosting policies, the brokerage sector's allocation value for the fourth quarter is still favored. According to industry institutions, the recent policy combination that has exceeded expectations is expected to further boost market risk appetite, and the bottom profit of the brokerage sector is expected to be confirmed in the third quarter. Furthermore, under policy guidance, multiple industry mergers, acquisitions and restructuring cases continue to advance, which will also promote healthy competition in the brokerage industry. As far as future market allocation is concerned, large and medium-sized brokerage firms with opportunities for mergers, acquisitions and restructuring, and leading brokerage firms that are undervalued and can benefit from sector valuation restoration are worth paying attention to.

As the A-share market recently soared and declined, the “bull market standard-bearer” brokerage sector also followed adjustments. However, as one of the sectors most likely to benefit from a series of recent market-boosting policies, the brokerage sector's allocation value for the fourth quarter is still favored. According to industry institutions, the recent policy combination that has exceeded expectations is expected to further boost market risk appetite, and the bottom profit of the brokerage sector is expected to be confirmed in the third quarter. Furthermore, under policy guidance, multiple industry mergers, acquisitions and restructuring cases continue to advance, which will also promote healthy competition in the brokerage industry. As far as future market allocation is concerned, large and medium-sized brokerage firms with opportunities for mergers, acquisitions and restructuring, and leading brokerage firms that are undervalued and can benefit from sector valuation restoration are worth paying attention to.