Zheng Quan Shi Bao·2025-11-02 18:19Group 1 - As of the end of Q3 2025, securities firms held over 66.6 billion yuan in A-shares, with 361 stocks featuring securities firms among their top ten shareholders [1][2] - A total of 44 securities firms appeared in the top ten shareholders of 361 stocks, collectively holding 5.195 billion shares [2] - The most concentrated sectors for securities firm holdings were hardware equipment and chemicals, with 41 and 33 stocks respectively [2] Group 2 - In Q3, securities firms entered the top ten shareholders of 206 new stocks, primarily in the non-ferrous metals, pharmaceutical, hardware equipment, and chemical sectors [3] - Notable new entries included Guotai Junan in Postal Savings Bank with a holding value of 727 million yuan, and CITIC Securities in Huayuan Ecology with a holding value of 344 million yuan [3] - A total of 63 stocks saw increased holdings from securities firms in Q3, with notable increases from Dongfang Securities and CITIC Securities in Inner Mongolia Electric Power and Muyuan Foods respectively [3] Group 3 - Some securities firms reduced their holdings in certain stocks, yet the overall value of their holdings increased due to price appreciation [4] - For example, despite reducing positions in stocks like Guangqi Technology, the market value of Shenyuan Hongyuan's holdings increased due to stock price rises [4] Group 4 - Securities firms' proprietary trading contributed significantly to their revenue, accounting for over 44% of total revenue in the first three quarters of the year [5] - CITIC Securities led the sector with a proprietary income of 31.603 billion yuan, reflecting a year-on-year growth of approximately 46% [5] - Other firms like Guotai Junan and China Galaxy also reported substantial proprietary income, exceeding 20 billion yuan [5]