By the end of September, the total assets of the securities brokers reached 8.57 trillion yuan, with the net assets standing at 2.24 trillion yuan.
The net capital of these securities companies totaled 1.79 trillion yuan, according to the association.
The net profits of the securities companies totaled -.68 billion yuan in the first nine months, according to the association.
In breakdown, revenues from securities trading came in at 90 billion yuan, while that of securities underwriting and sponsoring business, and asset management stood at 43.16 billion yuan and 21.26 billion yuan respectively during the period, the association said.
Chinas – securities brokers saw their operating revenues reach 342.38 billion yuan (about 52 billion U.S. dollars) in the first three quarters, according to the Securities Association of China.