In July, securities firms released over 300 research reports on "anti-inner competition".

Since July, the securities industry has sparked a wave of research on "anti-internal competition." After a flurry of research reports, roadshows, and conference calls, some securities firms have even launched special strategy meetings on "anti-internal competition." Wind data shows that just on July 22, Fangzheng Securities, Zhongxin Securities, Huatai Securities, and Zhongjin Company updated research reports containing the keyword "anti-internal competition." On the same day, the Open Source Securities Research Institute also published an in-depth analysis on the topic of "anti-internal competition." Overall, in just over three weeks since July, the securities industry has released as many as 328 research reports on the theme of "anti-internal competition," covering various industries such as macro strategy, chemicals, steel, non-ferrous metals, and more. In other words, on average, the securities industry releases up to 15 research reports on "anti-internal competition" every day. Some industry insiders believe that these special strategy meetings on "anti-internal competition" can not only help related companies streamline their forward-looking business strategies, but also provide customers with a new perspective and service experience. It is expected that this format may lead to more institutions following suit. However, securities firms also need to find a balance between tracking hot topics and conducting differentiated research.