Di Yi Cai Jing·2025-11-03 11:29Core Insights - The A-share market experienced a notable upward trend in the third quarter, with a cumulative increase of 15.84% for the year, and a significant 12.73% rise in the third quarter alone [3][5] - The self-operated business of securities firms has become a major revenue source, with a 41% year-on-year increase in self-operated income for the first three quarters [2][4] - A total of 43 securities firms appeared among the top ten circulating shareholders of 329 stocks, holding a combined 5.195 billion shares valued at 66.623 billion yuan [2][3] Securities Firms' Performance - 49 listed securities firms achieved a total self-operated income of 192.132 billion yuan, with 40 firms reporting year-on-year growth [2][4] - CITIC Securities led with a self-operated income of 31.603 billion yuan, marking a 45.88% increase, while Guotai Junan saw a 90.11% rise to 20.370 billion yuan [2][4] - Notably, Changjiang Securities and Guolian Minsheng reported over 200% growth in self-operated income [2] Stock Holdings and Changes - In the third quarter, 31 securities firms entered the top ten circulating shareholders of 193 new stocks, primarily from the machinery, basic chemicals, electronics, and biomedicine sectors [5][6] - Huatai Securities had the highest number of new stock entries at 48, followed by CITIC Securities with 24 [5] - Five firms held stocks valued over 1 billion yuan, with CITIC Securities holding the highest value stock at 10.268 billion yuan [4] Stock Price Movements - Several newly entered stocks saw significant price increases, with Tianpu Co., Ltd. rising by 468.92% and Haibo Shichuang by 280.05% in the third quarter [5][6] - Securities firms increased their holdings in 60 stocks, with notable increases in Inner Mongolia Huadian and Jialin Jie [7] - Conversely, 59 stocks were reduced in holdings, with Dongwu Securities reducing its stake in Zhongnan Media by 16.9126 million shares [7][8]