2024年券商自营收入再次成为行业“第一大收入”

Core Insights - The core viewpoint of the articles highlights the significant recovery in the performance of the securities industry in 2024, driven primarily by self-operated business income, which is projected to exceed 174 billion yuan, marking a year-on-year growth of over 40% [1][2]. Industry Performance - In 2024, the entire securities industry achieved operating income of 451.17 billion yuan and net profit of 167.26 billion yuan, representing year-on-year growth of 11.2% and 21.3% respectively [2]. - Self-operated business income accounted for 38.6% of the total revenue, maintaining its position as the largest source of income, with a year-on-year increase of 43% [2]. Key Players - Among the listed securities firms, six reported self-operated business income exceeding 10 billion yuan, with CITIC Securities leading at 26.345 billion yuan, followed by Guotai Junan and Huatai Securities at 14.769 billion yuan and 14.501 billion yuan respectively [2][3]. - Sixteen out of twenty-three listed firms reported year-on-year growth in self-operated business income, with five firms achieving growth exceeding 100% [3]. Strategic Focus - The self-operated business has become a crucial driver of performance for securities firms, influencing their competitiveness and profitability [3]. - Firms are increasingly focusing on diversified strategies and optimizing asset allocation to pursue stable growth while managing risks [3][4]. Future Outlook - Securities firms are unveiling their strategic plans for 2025, emphasizing "diversification" and "steady development" as core themes [5]. - CITIC Securities plans to enhance its self-operated business through multi-strategy platforms to improve return certainty and optimize risk-return structures [5]. - Huatai Securities aims to expand its equity trading business through big data, macro hedging, and innovative investments, while also pursuing international market opportunities [5].