CICC pointed out that the growth of China's securities industry has benefited from China's economic development and capital market reforms. Leading Chinese brokerage firms are expected to accelerate their progress towards world-class investment banks during the “15th Five-Year Plan” period, improve their business scale, professional ability, and profit quality and efficiency while better serving Chinese-style modernization. Their long-term investment allocation value is expected to be further highlighted.

CICC pointed out that the growth of China's securities industry has benefited from China's economic development and capital market reforms. Leading Chinese brokerage firms are expected to accelerate their progress towards world-class investment banks during the “15th Five-Year Plan” period, improve their business scale, professional ability, and profit quality and efficiency while better serving Chinese-style modernization. Their long-term investment allocation value is expected to be further highlighted.