CITIC Securities Co., Ltd.(SH:600030) Mei Ri Jing Ji Xin Wen·2025-09-01 16:56Core Insights - The overall compensation for over 80% of listed securities firms in China increased in the first half of 2025, with an industry-wide average salary also showing a recovery trend [1][2]. Compensation Overview - The total compensation for 39 comparable listed securities firms reached 77.715 billion yuan in the first half of 2025, up 18.19% from 65.755 billion yuan in the same period of 2024 [2]. - CITIC Securities led the industry with a total compensation of 11.123 billion yuan, a 13.58% increase from 9.793 billion yuan in the first half of 2024 [2]. - Among the 39 firms, 33 reported an increase in total compensation, with 8 firms experiencing growth rates exceeding 30%. Notably, Guosen Securities, Huaxi Securities, and Hu'an Securities saw increases over 40% [2][3]. Declines in Compensation - A few firms, including CITIC Construction Investment and Zhongyuan Securities, reported a decline in total compensation, with both experiencing a drop of over 14% [3]. Average Compensation - The average salary for employees in the securities industry also rose, with CITIC Securities reporting an average salary of 426,400 yuan, up 13.4% from 376,000 yuan in 2024 [6]. - Out of the 39 firms, 34 saw an increase in average compensation, with notable growth in Huaxi Securities, Guohai Securities, and Tianfeng Securities [6]. Detailed Compensation Data - A detailed table lists the total compensation and average salary for various securities firms, highlighting significant increases for firms like Guosen Securities (43.00% increase) and Huaxi Securities (42.61% increase) [4][5][7][8]. Market Context - The overall A-share market showed a trend of steady growth in the first half of 2025, with increased trading activity and improved revenue across various business lines for securities firms, providing a foundation for salary growth [8].