At the same time, the business scope of many securities companies is converging, the business types are relatively single, and the income mainly comes from traditional businesses such as securities brokerage, investment banking, and securities proprietary trading. Although the assets and capital scale of my country's securities companies have grown rapidly in recent years, there is still a large gap in scale compared with the average scale of financial institutions such as banks and insurance companies.
In terms of total market value, as of the close of December 17 this year, only CITIC Securities and East Fortune had a market value of more than 400 billion in the Ashare capital market service sector. , CICC, China Merchants Securities, Guotai Junan Securities, China Galaxy Securities, and Huatai Securities were all above 150 billion.
During the same period, in the U. stock capital market sector, Morgan indonesia phone number list Stanley's market value reached US$205.794 billion approximately RMB 1.5 trillion, and the total market value of Goldman Sachs Group and BlackRock was also at the trillion level, far higher than domestic securities companies.