Six major listed brokerages surpass 10 billion yuan in profit; their operating performance is only behind the 2015 bull market.

WealthCoffee · 2026-04-07T02:53:28+00:00

As of March 31, 2025, 24 out of 43 listed securities firms have released their annual reports. The A-share market warmed up in 2025, with the index rising from 2,600 points to 4,000 points. The annual trading volume exceeded 400 trillion yuan for the first time, and market activity significantly increased.

WealthCoffee

2026-04-07 02:53:28

Abstract generation in progress

【Caixin Net】 At the end of March, listed brokerages collectively released a batch of annual performance reports. According to Caixin’s statistics, as of March 31, among 43 listed brokerages, 24 have already disclosed their 2025 annual reports.

China’s securities industry has long been viewed as “living off the weather.” In 2025, A-shares saw an outbreak. After experiencing the suppression of 2024, which outpaced the world’s downturns, starting from the 2024 “9·24 rally,” the Shanghai Composite index rose from the 2,600-point range to 4,000 points, with a cumulative gain of about 50%, marking a ten-year high. Liquidity conditions also improved significantly. Individual investors actively entered the market, and household deposits “moved”; institutional investors benefited from policy encouragement and guidance for medium- and long-term capital to enter the market. Data show that in 2025, the annual trading value of A-shares first exceeded 400 trillion yuan, with daily trading averaging about 1.7 trillion yuan. Total market capitalization surpassed 119 trillion yuan, and outstanding margin financing rose to about 2.4 trillion yuan.

View Original

This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.