Institutional research suggests that securities firms' performance in the first three quarters is expected to continue growing, and the allocation value of leading securities firms is gaining attention.

Combined with the analysis of A-share market conditions and trading activity in the third quarter, industry insiders believe that the net profit of A-share listed securities firms in the third quarter of 2026 may decline quarter-on-quarter, but net profit for the first three quarters is still expected to maintain growth, and performance divergence will further intensify. Among them, leading institutions are expected to seize structural opportunities through specialized positioning and continue their trend of high performance growth. From the perspective of secondary market performance, on October 9, the securities index rose in the afternoon, with multiple individual stocks performing actively. Looking ahead to the market outlook, benefiting from factors such as a favorable policy environment, the allocation value of the securities sector is expected to further increase, with leading securities firms relatively more favored.