Foreign-funded securities firms released their performance in 2024! Goldman Sachs takes the lead, with many posting doubled net profits.

Recently, with the completion of the 2024 annual reports of the securities industry on the website of the China Securities Association, the performance of foreign securities firms in 2024 has been fully disclosed. Overall, in 2024, the operating income of foreign securities firms increased compared to 2023. In terms of the performance of various well-known foreign securities firms, Goldman Sachs led the way with a 158% increase in net profit to 498 million yuan in 2024; J.P. Morgan Securities achieved a net profit of 259 million yuan last year, with both firms achieving over 100% year-on-year growth in net profit in 2024. UBS Securities achieved a net profit of 150 million yuan in 2024, a significant increase of 693% compared to 2023. Morgan Stanley Securities made a profit of 18 million yuan in 2024, turning around from a loss in 2023. However, there are still many foreign securities firms that were in a loss in 2024, including Nomura Oriental International Securities, Daiwa Securities, Credit Suisse Securities, Standard Chartered Securities, and others.