证券代码：002939 证券简称：长城证券 公告编号：2025-060 长城证券股份有限公司 本公司及公司全体董事会成员保证信息披露的内容真实、准确、完整， 没有虚假记载、误导性陈述或重大遗漏。 长城证券股份有限公司 2025 年度第九期短期融资券已于 2025 年 8 月 20 日 发行完毕，相关发行情况如下： 债券名称 长城证券股份有限公司 2025 年度第九期短期融资券 债券简称 25 长城证券 CP009 债券代码 072510174 债券期限 155 天 计息方式 利随本清 发行日 2025 年 8 月 19 日 起息日 2025 年 8 月 20 日 兑付日 2026 年 1 月 22 日 计划发行总额 10 亿元人民币 实际发行总额 10 亿元人民币 票面利率 1.70% 发行价格 100 元/百元面值 本期发行短期融资券的相关文件已在中国货币网(www.chinamoney.com.cn)、 上海清算所网站(www.shclearing.com.cn)刊登。 长城证券股份有限公司董事会 特此公告。 ...

Core Viewpoint - The A-share market is experiencing a significant increase in trading activity, leading to a favorable environment for the securities industry, which is entering a prosperous cycle driven by policy benefits, increased trading volume, and business structure upgrades [1][4]. Market Activity - Since August, the A-share market has seen a notable rise in trading enthusiasm, with daily trading amounts consistently exceeding 2 trillion yuan for seven consecutive trading days, injecting growth momentum into brokerage businesses [1][2]. - As of August 21, the total market capitalization of A-shares reached 101.18 trillion yuan, an increase of 15.32 trillion yuan since the beginning of the year, expanding the business space for brokerages [1][2]. Leverage and Performance - As of August 20, the margin trading balance reached 21,475.69 billion yuan, an increase of 290.4 billion yuan since the start of the year, supporting brokerage credit business income [2]. - The brokerage sector has seen an overall increase of over 8% in August, with individual stocks like Changcheng Securities rising over 35% and others like Guosheng Jinkong and Dongfang Caifu exceeding 15% [2]. Earnings Growth - Major brokerages have reported significant earnings growth in their mid-year reports, with Dongfang Caifu's revenue increasing by 38.65% and net profit by 37.27%, while Guosheng Jinkong's revenue grew by 32.1% and net profit by 369.91% [2]. - Analysts expect the overall performance of brokerages in the first half of the year to exceed expectations, driven by a 61% year-on-year increase in average daily trading volume in the A-share market [2][4]. Investment Value - The brokerage sector's investment value has gained attention, with Dongfang Caifu being the most recommended stock among brokerages in August, indicating strong institutional interest [3]. - The sector is characterized by "low valuation + high elasticity," making it a popular choice for market allocation [5]. Industry Outlook - The brokerage sector is experiencing a recovery in performance and valuation, supported by multiple business lines benefiting from policy advantages, active trading, and capital allocation [4][5]. - Analysts believe that the sector is entering a new phase of performance and valuation recovery, driven by policy reforms, market activity, and business transformation [5][6].

证券之星消息，8月21日证券板块较上一交易日下跌0.94%，长城证券领跌。当日上证指数报收于 3771.1，上涨0.13%。深证成指报收于11919.76，下跌0.06%。证券板块个股涨跌见下表： | 代码 | 名称 | 收盘价 | 涨跌幅 | 成交量(手) | 成交额(元) | | | --- | --- | --- | --- | --- | --- | --- | | 600621 | 未露胎份 | 17.23 | 2.50% | 74.13万 | | 12.76亿 | | 601211 | 圆泰海道 | 20.86 | 0.77% | 138.91万 | | 29.07亿 | | 600906 | 财达证券 | 7.84 | 0.51% | 96.25万 | | 7.55亿 | | 601198 | 东兴证券 | 11.97 | 0.17% | 1 97.44万 | | 2706.TI | | 601108 | 财通证券 | 8.60 | -0.35% | 59.61万 | | 5.15亿 | | 601696 | 中银证券 | 16.96 | -0.35% | 213.90万 | | 37.57亿 ...

Market Overview - The A-share market experienced a sudden decline in the afternoon, with the Shanghai Composite Index dropping over 0.2% before recovering slightly, while the Shenzhen Component and ChiNext indices fell [2] - The trading volume in the Shanghai and Shenzhen markets exceeded 2 trillion yuan for the first time this year, marking the seventh consecutive trading day of such volume [2] Sector Performance - Securities stocks collectively faced a pullback, with notable declines including Changcheng Securities down over 6% and Hato Securities down over 5% [2][3] - Several high-priced stocks hit the daily limit down, including Lianhuan Pharmaceutical and Zhongdian Xindong, with others like Shunlian Bio and Sainuo Medical dropping over 8% [4] Banking Sector - In contrast, bank stocks showed strength in the afternoon, with Agricultural Bank of China and Postal Savings Bank reaching new historical highs during the session [2] Hong Kong Market - The Hang Seng Index fell over 0.5%, and the Hang Seng Tech Index dropped more than 1% [6] - AAC Technologies Holdings (02018.HK) saw a rapid decline of over 14% following the release of its interim results, despite reporting a revenue of 13.32 billion yuan, a year-on-year increase of 18.4% [6][8] Company Performance - AAC Technologies reported a gross margin of 20.7%, down 0.8 percentage points year-on-year, attributed to changes in product mix, while net profit attributable to shareholders increased by 63.1% to 876 million yuan due to improved profitability in optical business and rapid growth in precision structural components [8] - CICC noted that the overall valuation level of A-shares remains reasonable, but the rapid increase in trading volume may lead to short-term volatility [8]

券商股震荡走低，长城证券跌超6%，哈投股份、西南证券、湘财股份等跟跌。 ...

Group 1: Market Performance - The A-share market has shown significant growth, with the Shanghai Composite Index rising from around 3200 points at the beginning of the year to over 3700 points, marking a notable increase in investor sentiment and market attractiveness [1] - As of early August, the A-share financing balance exceeded 2 trillion yuan, reaching a 10-year high, with an increase of approximately 150 billion yuan this year [2][3] Group 2: Investor Engagement - The number of new A-share accounts opened in July 2025 reached 1.9636 million, a year-on-year increase of 70.54%, contributing to a total of 14.5613 million new accounts in the first seven months of 2025, up 36.88% year-on-year [2] - Monthly active users of securities apps reached 167 million in July 2025, reflecting a 3.36% increase from the previous month [2] Group 3: Corporate Actions - Nearly 70% of listed companies in Shanghai and Shenzhen have announced cash dividend plans for the year, totaling approximately 1.64 trillion yuan, indicating a trend towards quality improvement and shareholder returns [5] - BYD announced a record cash dividend of 39.74 yuan per 10 shares, totaling around 12.077 billion yuan, marking the largest dividend since its A-share listing in 2011 [4] Group 4: Mergers and Acquisitions - Since the implementation of policies like "Merger Six Articles," over 200 major asset restructurings have been disclosed in the A-share market, indicating increased activity and scale in the M&A sector [6] - The China Securities Regulatory Commission emphasizes the need to optimize mechanisms for mergers and acquisitions to better support technological and industrial innovation [6] Group 5: Brokerage Activity - Brokerages are experiencing increased activity due to the surge in investor accounts and trading volume, with customer service departments reporting a significant rise in inquiries [7] - Securities firms are enhancing their systems to manage the increased trading volume and are focusing on providing services to technology companies, particularly in response to policies supporting the Sci-Tech Innovation Board [8]

Group 1: Market Performance - The A-share market has shown significant growth, with the Shanghai Composite Index rising from around 3200 points at the beginning of the year to over 3700 points, marking a notable increase in investor sentiment and market attractiveness [1] - As of early August, the A-share financing balance exceeded 2 trillion yuan, reaching a 10-year high, with an increase of approximately 150 billion yuan this year [2][3] Group 2: Investor Engagement - The number of new A-share accounts opened in July 2025 reached 1.9636 million, a year-on-year increase of 70.54%, with a total of 14.5613 million new accounts opened in the first seven months of 2025, up 36.88% year-on-year [2] - The monthly active users of securities applications reached 167 million in July, reflecting a 3.36% month-on-month increase [2] Group 3: Corporate Actions - Nearly 70% of listed companies in Shanghai and Shenzhen have announced cash dividend plans for the year, totaling approximately 1.64 trillion yuan, indicating a trend towards quality improvement and shareholder returns [5] - BYD announced a cash dividend of 39.74 yuan per 10 shares, totaling around 12.077 billion yuan, marking the largest dividend since its A-share listing in 2011 [4] Group 4: Mergers and Acquisitions - Since the implementation of the "merger and acquisition six guidelines," over 200 major asset restructurings have been disclosed in the A-share market, indicating increased market activity and scale [6] - The focus on mergers and acquisitions is expected to enhance the integration of resources and support technological and industrial innovation [6] Group 5: Brokerage Activity - Brokerages are experiencing increased activity due to the surge in investor accounts and trading volume, with customer service departments reporting a significant rise in inquiries [7][8] - Brokerages are optimizing processes and enhancing technology to improve account opening efficiency and ensure system stability under high trading volumes [8][9]

长城证券股份有限公司2025年度第九期短期融资券已于2025年8月20日发行完毕，相关发行情况如下： ■ 本期发行短期融资券的相关文件已在中国货币网(www.chinamoney.com.cn)、上海清算所网站 (www.shclearing.com.cn)刊登。 特此公告。 登录新浪财经APP 搜索【信披】查看更多考评等级 炒股就看金麒麟分析师研报，权威，专业，及时，全面，助您挖掘潜力主题机会！ 证券代码：002939 证券简称：长城证券 公告编号：2025-060 长城证券股份有限公司 2025年度第九期短期融资券发行结果公告 本公司及公司全体董事会成员保证信息披露的内容真实、准确、完整，没有虚假记载、误导性陈述或重 大遗漏。 长城证券股份有限公司董事会 2025年8月21日 ...

Group 1 - The core point of the article is that Great Wall Securities has successfully issued its ninth short-term financing bond for the year 2025 on August 20, 2025 [2] Group 2 - The announcement was made in the evening of August 20, indicating the completion of the bond issuance [2] - The financing bond is part of the company's ongoing efforts to raise capital [2] - The issuance reflects the company's strategy to enhance its liquidity and financial flexibility [2]

证券代码：002939 证券简称：长城证券 公告编号：2025-060 | 债券名称 | | | 长城证券股份有限公司 | | 2025 | 年度第九期短期融资券 | | | | --- | --- | --- | --- | --- | --- | --- | --- | --- | | 债券简称 | 25 | 长城证券 | | CP009 | 债券代码 | 072510174 | | | | 债券期限 | 天 155 | | | | 计息方式 | 利随本清 | | | | 发行日 | 2025 | 年 8 | 月 | 日 19 | | | | | | 起息日 | 2025 | 年 8 | 月 | 日 20 | 兑付日 | 年 2026 1 | 月 | 日 22 | | 计划发行总额 | 10 | 亿元人民币 | | | 实际发行总额 | 亿元人民币 10 | | | | 票面利率 | 1.70% | | | | 发行价格 | 100 元/百元面值 | | | 本期发行短期融资券的相关文件已在中国货币网(www.chinamoney.com.cn)、 上海清算所网站(www.shclearing.com.c ...