Securities analysts hit a record high in numbers, but their scale expansion is met with market cooling impact.

Recently, Securities Times reporters found through research of data from the China Securities Industry Association that the number of securities analysts in securities firms has exceeded 6,000, reaching a historical high. It is understood that large securities firms primarily focus on internal training for analysts, while medium and small institutions rely more on external recruitment. The team of securities analysts in securities firms is expanding rapidly, but the market is shrinking. Influenced by the reform of fees for public funds, the industry saw a decline of over 30% in brokerage commission income in the first half of the year. It is imperative for securities research institutions to transform and seek new sources of non-commission-based business growth in order to diversify their income structure. At the same time, the hiring speed of some top institutions has slowed down.