Securities Daily: Securities firms' third quarter performance expectations are optimistic and are expected to support valuation repair.

Since September, the securities sector has experienced a certain degree of correction, showing more obvious fluctuation characteristics. As of September 22, the securities sector has accumulated a 5.5% decline this month. However, with the strengthening of macroeconomic recovery expectations, deepening of capital market reforms, and other long-term favorable factors, analysts generally believe that the upward trend of the securities industry's prosperity has not fundamentally changed. The growth rate of third-quarter performance is expected to further increase, and the current adjustment may provide a strategic window for investors to layout their positions in the medium to long term.