According to the data of China Securities Association (hereinafter referred to as "China Securities Association"), the net income (including seat lease) of securities companies' agency trading business reached 269.096 billion yuan in 20 15, and reached 78.763 billion yuan in 20 19, with a decrease of over 70.73%.

By 2020, the net income of this business will increase by 47.42% year on year, reaching1161.1100 million yuan. However, the decline of brokerage business has caused the loss of more than 9,500 securities brokers in 2020. In fact, since 2065,438+07, the losses of brokers have reached nearly one-third.

Among many Chinese-funded brokers in Hong Kong stocks, china galaxy Securities Co., Ltd. (hereinafter referred to as "china galaxy", 0688 1. HK) has the "priority right to speak" in the brokerage business. The annual report released by china galaxy on April 9, 20265438 shows that the company's revenue and net profit were 3126.7 billion yuan and 7.244 billion yuan respectively, with year-on-year growth rates of 33.09% and 38.54% respectively.

Among them, securities brokerage and futures brokerage business realized income of 22.737 billion yuan, accounting for more than 72.7% of the total income.