Chinese-owned securities firms have begun supplementing investment banking staffing and increasing salaries.

According to sources familiar with the matter, in recent months, several large securities firms such as Citic Securities, Huatai Securities, and Citic Construction Investment Securities have recruited dozens of junior and mid-level investment bankers. The new recruits are primarily for executive positions rather than senior investment bankers, indicating that these companies need to quickly rebuild their business capabilities while also controlling costs. In addition, sources mentioned that the basic salaries of some junior investment bankers at large securities firms have been adjusted back to pre-restructuring levels, but the bonus pool is still closely linked to deal completion and the regulatory stance on the industry.