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Listed brokerages reported positive performance in the first quarter, and the zone's valuation recovery is worth looking forward to.
Golden Ten Data on April 12, as of April 11, the number of listed securities companies that disclosed relevant announcements in A-shares has reached 10, and the net profit attributable to the parent company during the reporting period increased compared with the same period last year, with a year-on-year increase of up to 400%, and there are not a few that exceed 50%. In the context of the relatively low performance base in the same period of 2024, the high market turnover of A-shares in the first quarter of 2025 and the emergence of structural markets, the above-mentioned brokerages have mostly promoted the company's overall performance through the growth of brokerage business and proprietary business income. According to the research and judgment of industry institutions, the net profit of the brokerage sector in 2025 is expected to continue double-digit growth, and it is recommended to pay attention to the valuation repair opportunities of brokerages catalyzed by policies.