Competition among securities firms and asset management has intensified. Industry rankings were reshuffled in the first half of the year

Source: Shanghai Securities News

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As the semi-annual performance disclosure of listed securities companies has ended, the performance of various asset management subsidiaries has also emerged. water surface. Compared with the same period last year, the revenue ranking of Orient Securities Asset Management Co., Ltd. (hereinafter referred to as "Orient Securities Asset Management") rose from third to second, and Shanghai Haitong Securities Asset Management Co., Ltd. (hereinafter referred to as "Haitong Asset Management" ) revenue ranking rose from fifth to third.

In the first half of this year, among the 14 brokerage asset management subsidiaries, 4 leading companies were very strong, with revenue exceeding 1 billion yuan each. Huatai Securities (Shanghai) Asset Management Co., Ltd. (hereinafter referred to as "Huatai Asset Management") achieved revenue of 1.299 billion yuan in the first half of the year, ranking first. Orient Securities Asset Management followed closely with revenue of 1.2 billion yuan, and Haitong Asset Management and Shanghai Guotai Junan Securities Asset Management Co., Ltd. (hereinafter referred to as "Guojun Asset Management") achieved revenue of 1.038 billion yuan and 1.005 billion yuan respectively.

Competition among leading securities companies in the rankings is becoming increasingly fierce. In terms of net profit, Huatai Asset Management, Haitong Asset Management and GF Securities Asset Management (Guangdong) Co., Ltd. (hereinafter referred to as "GF Asset Management") ranked separately in the first half of the year. The top three are 646 million yuan, 522 million yuan and 466 million yuan respectively. In terms of net profit ranking, Haitong Asset Management also moved up from third place last year to second place, while GF Asset Management dropped one place from last year.

Since the beginning of this year, the A-share market has been booming, which has driven the overall operating performance of securities companies and asset management companies to improve. More than half of the securities companies and asset management companies have net profits of more than 100 million yuan in the first half of the year. It is worth noting that, in terms of revenue growth, benefiting from the substantial growth in active management scale, dark horse companies have emerged in the securities and asset management industry in the first half of the year. Caitong Securities Asset Management Co., Ltd. achieved revenue of 682 million yuan, a year-on-year increase of 65.53%, followed by Zhejiang Zheshang Securities Asset Management Co., Ltd. with a year-on-year revenue increase of 42.86%.