According to the provisions of China's securities law, the business of securities companies (brokers) can generally be divided into:

1, securities brokerage business, that is, the business of buying and selling stocks as an agent.

2. Investment banking, that is, underwriting and sponsoring the issuance of securities, and acting as a financial adviser in M&A activities.

3. Self-operated securities business, in which securities companies buy and sell stocks with free funds to earn price difference and profit.

4. Securities investment consulting business.

5. Asset management business.