SEALAND SECURITIES(SZ:000750) 证券时报·2026-03-08 00:29Core Viewpoint - The carbon emission trading market is experiencing a new wave of participation from securities firms, which are now legally allowed to engage in carbon trading in domestic markets following recent approvals from the China Securities Regulatory Commission (CSRC) [2][5]. Group 1: Regulatory Developments - On March 6, Guohai Securities announced it received approval from the CSRC to participate in carbon emission trading, marking a significant development in the market [2][5]. - As of now, a total of 22 securities firms have been approved to engage in carbon trading, indicating a growing trend in the industry [4][6]. Group 2: Market Context and Growth - The approval of securities firms coincides with a policy window, as the government emphasizes the importance of achieving carbon peak and carbon neutrality goals [3][4]. - The national carbon market is steadily expanding, with cumulative trading volume reaching 865 million tons and total transaction value at 57.663 billion yuan by the end of 2025 [8]. Group 3: Industry Implications - Securities firms are expected to leverage their pricing capabilities and resource integration advantages to facilitate the transition to a green economy and convert ecological value into economic value [4][10]. - The carbon trading market is seen as a crucial tool for controlling greenhouse gas emissions and is integral to the country's dual carbon goals [7][11]. Group 4: Future Outlook - There is a call for the establishment of a unified national carbon trading market and improved carbon emission calculation rules to enhance market coverage and effectiveness [12]. - Industry leaders express confidence in the potential for policy improvements to drive the realization of carbon neutrality goals [13].