76 securities half-year report has been released, with self-operated income ranking first.

According to the data disclosure criteria of the China Securities Association official website, comparing the disclosed data on a year-on-year basis, based on unaudited financial reports, in the first half of 2025, 150 securities firms achieved operating income of 251.036 billion yuan, an increase of 23.47% year-on-year; achieved net profit of 112.28 billion yuan, an increase of 40.37% year-on-year, with a net profit margin of 44.73%. In terms of proprietary business, the industry as a whole showed explosive growth, with the total comparable proprietary business income of 75 data-comparable securities firms increasing by 51.35% year-on-year. Among them, 62 had positive growth and 13 had negative growth, with positive-growth securities firms accounting for 82.67%. Among them, CITIC Securities led the industry in proprietary business income with an absolute leading revenue of 19.052 billion yuan, surpassing the second place by nearly 10 billion yuan. Specifically, the top ten securities firms in terms of proprietary net income are CITIC Securities, Guotai Junan Securities, Galaxy Securities, China Jinmao Corporation, Shenwan Hongyuan Securities, Huatai Securities, Guosen Securities, GF Securities, CITIC Construction Investment, and Merchants Securities.