As of 27/0, 0 listed securities firms have successively released 0 annual results. According to the operating conditions of the brokerages that have released performance reports, 0 listed brokerages have achieved a cumulative revenue of 00 million yuan, a year-on-year increase of +0.0%; net profit was 0.0 billion yuan, +0.0% year-on-year.

China Securities said that the performance of securities companies in 2025 years has been significantly restored, and the core drivers come from favorable policies, positive growth in proprietary income and low base effect in 0 years. In 0 years, under the continuous recovery of market trading, the stock-based trading volume, financing balance and equity fund issuance are expected to continue to increase, continue to boost the wealth management income of brokerages, and superimpose the impact of the low base of proprietary investment in the first quarter of last year, and the profitability elasticity of the industry may continue to be released. At present, the brokerage sector has both a valuation margin of safety and policy catalytic expectations, and it is recommended to continue to pay attention.

Interested investors can pay attention to the securities ETF (012363) opportunities, and investors who do not have a stock account can grasp the securities sector investment opportunities through the securities ETF feeder fund (0).

Note: The short-term changes and historical performance of the index/fund are for analysis and reference only and are not indicative of future performance. Market views are subject to change in market conditions and do not constitute any investment advice or commitment. The index mentioned in this article is for reference only and does not constitute any investment advice, nor does it constitute a prediction or guarantee of the performance of the fund. If you need to purchase the underlying fund product, please choose the product that matches the risk level. Funds are risky and should be invested with caution.

National Business Daily