Zhitong Finance App learned that the decline in Chinese brokerage stocks increased in the afternoon. As of press release, Orient Securities (03958) fell 4.46% to HK$5.57; China Merchants Securities (06099) fell 3.97% to HK$13.06; GF Securities (01776) fell 3.58% to HK$16.17; and CITIC Construction Investment Securities (06066) fell 2.33% to HK$10.88.

According to the news, listed brokerage firms are about to enter the disclosure period for the third quarterly report. Open Source Securities released a research report saying that the stock market recovered and the bond market rose in the third quarter, and direct investment follow-up earnings became an important factor affecting the differentiation of brokers' performance. In the third quarter, the Shanghai and Shenzhen 300 fell 12.5%, the China Securities Composite Bond Index rose 1.1%, and the Science Innovation 50 and GEM Index fell 30.7% and 27.8% respectively. The stock of science and innovation direct investment and investment projects faced a retreat in surplus.

Cathay Pacific Haitong Securities said that the adjusted operating income of 42 listed brokerage firms is expected to increase 26% year-on-year to 525.4 billion yuan in the first three quarters, and net profit to mother will increase 30% year-on-year to 220.6 billion yuan. After excluding large non-recurring gains and losses in the same period of the previous year, net profit to mother will increase 37% year over year. Among them, the Q3 quarter was 65.4 billion yuan in a single quarter, up 1% year on year and down 31% month on month.