Ge Long Hui·2025-10-31 06:58Core Viewpoint - Huatai Securities reported a decline in Q3 revenue and net profit, indicating potential challenges in the current market environment [1] Financial Performance - Q3 revenue was approximately 10.91 billion RMB, a year-on-year decrease of 6.94% [1] - Q3 net profit was about 5.18 billion RMB, down 28.11% year-on-year [1] - For the first three quarters, revenue reached approximately 27.13 billion RMB, an increase of 12.55% year-on-year [1] - Net profit for the first three quarters was around 12.73 billion RMB, a slight increase of 1.69% year-on-year [1] Stock Performance - Huatai Securities' H-shares fell by 4.89% to 19.76 HKD, with a market capitalization of 178.4 billion HKD [1] - The A-shares dropped by 4.4% to 21.75 RMB, with a market capitalization of 196.3 billion RMB [1] Shareholding Changes - On October 27, 2025, E Fund Management reduced its stake in Huatai Securities' H-shares by selling 2.61 million shares at an average price of 21.09 HKD per share, totaling approximately 54.95 million HKD [1] - Post-sale, E Fund's holding decreased from 10.12% to 9.97% [1]