1. Investment banking business, such as stock and bond underwriting, mergers and acquisitions, financial consulting, etc. ;

2. Brokerage business is well known. For example, stock trading goes to a securities company to open an account, and the securities company earns the handling fee of the shareholders;

3. Margin trading, 20 13, two businesses have earned huge profits for securities companies;

4. Asset management, issuing collective wealth management products. After the financial reform, brokers can issue fixed-income products like banks, so now brokers have multi-level product lines to provide customers, which are more perfect than banks, so their asset management is also very profitable. Others are consulting fees and the like.

Asset management business: customers buy asset management products of securities companies, and securities companies operate the money. Securities companies can collect basic subscription fees and redemption fees from them, and if the performance reaches the level stipulated in the contract, they can draw performance rewards accordingly. IB business is the business that securities companies introduce customers to futures companies, and futures companies will give securities companies rebates accordingly.

Investment banks are underwriting and sponsorship, such as guiding a company to complete an IPO, or issuing additional shares, listing on the backdoor and so on. Listed companies engaged in these businesses should pay corresponding remuneration to brokers. Self-operated business means that securities companies use their own legal funds to speculate in stocks and buy bonds, and the profits generated are also the income of securities companies. There is also margin financing and securities lending business. Simply put, a securities company lends funds or stocks to customers, and then the customers return them with certain interest. These interests are also the income of securities companies.

A securities company refers to a limited liability company or a joint stock limited company with independent legal personality, which is established with the approval of the the State Council securities regulatory authority in accordance with the provisions of the Company Law and the Securities Law and specializes in securities business.

Company features:

1. Most of them are state-owned holding enterprises, and the gift of assets must comply with the relevant regulations of the state-owned assets management department;

2. Most of them are unlisted companies with limited share circulation and no market price, but they have listing plans, which can meet the relevant regulations of listed companies.

Therefore, stock options and employee stock ownership are more suitable for Chinese securities companies.