The Stock Market Has Picked Up The Trend Of The Stock Brokerage But It Has Not Made A Fortune.

In every bull market, brokerages always benefit most. Not only can performance be explode with the strength of bull market, but also the stock market is often sought after in bull market. Investor Bring a feast of wealth.

But this summer, brokerage stocks seem a bit dull. Although the Shanghai composite index recovered more than 10% after hitting 2638.30 points in January, it has now secured a 3000 point, but the stock market is still at a low temperature. In addition to the first start-up of new shares listed this year, most of the rest are still following the big market, failing to reproduce the super elasticity of the bull market or rebound cycle.

From the perspective of A share market history, brokerage stocks often act as a vanguard in the rebound. If you encounter Daniel, the startup time is often earlier than the market. bull market The initial increase is far ahead of the index.

The latest Daniel market fully illustrates this point. In November 2014, the stock market suddenly broke out for many years. The Big Mac CITIC Securities started in about two months from around 12 yuan, and rose to more than 185% in January 7, 2015, and has reached a record high after nearly nine years. At that time, the Shanghai Composite Index rose from only 2400 points to 3400 points (from November 1, 2014 to January 7, 2015), or less than 40%.

And in the Daniel market brought about by the share reform earlier in 2006~2007, Securities shares The increase is even more alarming.

Take CITIC Securities as an example. At the end of 2005, CITIC Securities closed at 7.02 yuan per share. In November 5, 2007, CITIC Securities set up a historical high of 159.63 yuan (after the resumption of the right price). The interval rose by 19.61 times. Corresponding to the Shanghai Composite Index, even from the lowest point 998 points to the highest point of 6124 points, the increase is only 5 times more than that.

Specifically, in the A share market, there are only 25 stocks in the stock market, and only 8 stocks have risen more than 10% since June. The first increase was the first start-up of new shares, with an increase of 42.67%. 11 of them rose less than 4.72% of the Shanghai Composite Index during the same period. Southwest Securities and Societe Generale Securities two stocks due to the suspension of investment banking and concern stocks fell 5.90% and 2.28%, respectively, the only decline in the plate stocks.

Statistics, from June 1, 2016 to July 14th, in the Shenyin and Wanguo two industry classification, the securities industry to July 16th financing balance is still in the first 97 industries, reaching 58 billion 811 million yuan. However, the amount of financing has risen to 124 billion 728 million yuan, and 124 billion 262 million yuan has been repaid, and the net flow of financing funds is only 466 million yuan, and the industry ranks thirty-first. That is to say, the increase of interval financing funds is less than 1%.

Today, the market has stabilized, and all the people are talking about "eating quotes". However, this "meal", brokerage stocks were once again absent. Why is this happening? It has nothing to do with "three big mountains".

At present, the 6 monthly disclosure of listed brokerages has been completed, and the next half year report is to be published. According to the single month data of the first 6 months, the report cards of the securities companies in the first half of the year have been generally known. As a result of the 2015 commercial performance of the coupon, the performance of all the 25 listed brokerages suffered a sharp fall this year under the high base number.