The first batch of brokerages' Q3 reports is out, with leading brokerages' profit resilience standing out.

Recently, securities firms' third-quarter reports have been disclosed one after another. As of October 28, the first three quarters' performance of 7 securities firms and 4 securities firm parent companies has emerged. Judging from the securities firms that have disclosed their first three quarters' performance so far, among the 7 securities firms, only CITIC Securities and Huaxi Securities achieved year-on-year growth in both revenue and net profit. During the same period, the performance of several small and medium-sized securities firms came under pressure. In the first three quarters, the revenue of Guoyuan Securities and Dongxing Securities both declined slightly year on year, but net profit attributable to parent company shareholders increased year on year by 3.36% and 0.75%, respectively; Jianghai Securities, Xinda Securities, and Northeast Securities saw revenue increase year on year by 10.77%, 9.48%, and 1.95%, respectively, but their net profit attributable to parent company shareholders was below the level of the same period last year.