Many experienced investors in China believe that: during a bull market, stocks of brokerage firms generally will lead the market. Turns out this belief is largely true. Looking back on the history of China’s A-share market, brokerage firms’ stocks were often the ones that drove the market up and performed well in bull markets.
So what are the top 5 stock broker companies with the largest market cap in China’s A-share market? Let’s take a quick look.
As of August 10, 2020, the names of the five largest brokerage stocks in China’s A-share market (Shanghai and Shenzhen stock Exchanges) and their current market values are as follows:
- Citic Securities (中信证券，current market value: 325.9 billion yuan)
- East Money Information (东方财富，current market value: 173.5 billion yuan)
- China Merchants Securities (招商证券，current market value: 155.4 billion yuan)
- Huatai Securities (华泰证券，current market value: 155.1 billion yuan)
- Guotai Junan Securities (国泰君安，current market value: $142 billion)
As can be seen from the above ranking, Citic Securities is still the leading enterprise in the brokerage industry at present, and its current market value far exceeds the second to the fifth largest brokerage.
In addition, from the perspective of market capitalization, guolian Securities is the smallest stock in China’s domestic brokerage sector at present. Its current market capitalization is about 5.2 billion.
reference links:
http://www.jingyanpal.com/top-5-stock-brokers-with-largest-market-cap-in-china-latest-update/