Pay tribute to the ordinary and shining “female power”.
With the development of economy, the improvement of women’s education level and the rise of social employment level, “her strength” is becoming more and more important in the financial industry.
According to the statistics of Chinese journalists from securities companies on the data of China Securities Association, as of March 4, there were 135600 female employees in securities companies, accounting for 46.65%.
data show that Citic Securities Company Limited(600030) , Guosen Securities Co.Ltd(002736) , China International Capital Corporation Limited(601995) have the largest number of female employees, with more than 5000. However, the top ten in the proportion of women are mainly foreign-funded or joint venture securities companies, of which Morgan Stanley Securities (China) reached 63%, which shows the same conclusion on the proportion of female executives, reflecting that foreign-funded institutions pay more attention to gender balance in the workplace
In terms of academic qualifications, women account for about 49% of college, undergraduate and graduate students. It shows that the securities industry in the new era does not set higher educational barriers for women in terms of access threshold.
In terms of the types of professional positions, the proportion of women in the analyst group and the representative group is relatively low, 36.7% and 21.93% respectively. Some insiders pointed out that the gender stereotype of some posts has always existed. The industry should open its ideas and encourage more opportunities conducive to the growth of female financial professionals.
two foreign-funded securities companies, with women accounting for more than 60%
More and more women have joined the securities industry and demonstrated their strength everywhere in different ways. According to the statistics of China Securities Association by Chinese reporters of securities companies, according to the consolidated calculation caliber of securities companies and their securities license subsidiaries (the same below), as of March 4, there were 345100 securities practitioners in the whole industry. After excluding securities brokers, 106 securities companies had a total of 290600 regular employees. Among them, there are 135600 female employees in the whole industry, accounting for 46.65%. The securities industry in the new era also shows “women half the sky”.
among them, Citic Securities Company Limited(600030) has the largest number of female employees, close to 8000 people (7992), and Guosen Securities Co.Ltd(002736) and China International Capital Corporation Limited(601995) have 5647 and 5314 respectively. There are also six securities companies with more than 4000 female employees, which are basically large securities companies in China
In terms of the proportion of women, the top 10 is another picture. According to the statistics of Chinese journalists of securities companies, there are 21 securities companies in the whole industry, and the number of female employees accounts for more than half. Among the top 10, foreign securities companies or joint venture securities companies account for 6 seats in total.
Female employees of two securities companies account for more than 60%, 62.81% of Morgan Stanley Securities (China) and 60% of UBS Securities respectively. In addition, Nomura Orient International Securities 56.32%, JPMorgan securities (China) 55.2%, Credit Suisse Securities 54.55%, HSBC Qianhai securities 52.73%.
Shi Dewei, director of human resources of JPMorgan Chase in China, said that the recruitment concept mainly has two points: first, diversification, so that talents from different backgrounds can get more opportunities to show themselves in JPMorgan Chase’s diversified posts; The second is fair recruitment, which adopts unified standards to recruit and train talents all over the world. Actively promote gender equality initiatives and continue to invest resources to promote the career and personal development of female employees.
A person from a securities firm in Shenzhen told the Chinese reporter of the securities firm that, in fact, Chinese securities firms have basically eliminated gender bias in recruitment, and the proportion of female employees is basically more than 40%. However, the person also admitted that the concept still needs to be further opened, and the gender bias in some posts needs to be eliminated.
Other insiders pointed out that foreign-funded institutions are mainly due to the headquarters’ requirements for the proportion of female employees; In addition, it is worth learning from Chinese securities companies that foreign-funded institutions provide an inclusive working environment for women.
According to the data, among China’s local securities companies, the top female employees include Beijing Gaohua securities (58.37%), Huarong securities (54.22%), Xiangcai securities (53.2%), China stock market news securities (52.82%) and Western Securities Co.Ltd(002673) (51.15%).
Relatively speaking, the number of female employees of two securities companies in the industry accounts for less than 40%, namely Minsheng securities and Shengang securities.
education threshold is basically the same
The financial industry has always held high requirements for the academic background of employees. From the perspective of education distribution, undergraduates are the “main force” of the securities industry. As of March 4, there were 1849, 1409, 22400, 173200 and 89000 high school, technical secondary school, college, undergraduate and master’s students in the industry respectively.
The proportion of women in the above educated groups was 37.86% (700), 50.39% (710), 48.46% (10800), 48.20% (83500) and 44.16% (39300).
It can be seen that the proportion of women below master’s degree is basically the same as that of men, which shows that the entry threshold for women in the securities industry is the same as that of men, and the industry does not set higher academic barriers for women to enter.
However, from the perspective of higher education level, the proportion of female doctoral students in the securities industry has declined. According to the data, there are 2710 doctoral students in the whole industry, accounting for 0.09%. Among them, there are 533 female doctoral students, accounting for 19.67% of doctoral students.
Some market participants believe that there are many factors behind it, which may be related to the small number of female doctoral students at the stage of education, or to the age discrimination against female doctors.
At present, there are 6 Securities Companies in the industry with more than 20 female doctors, including Citic Securities Company Limited(600030) (31), Galaxy Securities (30), China International Capital Corporation Limited(601995) (29), Guotai Junan Securities Co.Ltd(601211) (29), Shenwan Hongyuan Group Co.Ltd(000166) (22) and Guosen Securities Co.Ltd(002736) (20).
Investment Advisory Group: the proportion of men and women is close to
From the perspective of the types of professional posts, some posts reflect obvious gender differences. According to the statistics of Chinese journalists from securities companies on the data of China Securities Association, the proportion of women and men in investment advisory positions is basically the same. As of March 4, there were 30800 female licensed investment advisers, accounting for 44.42%.
of which, Citic Securities Company Limited(600030) female investment advisers have the largest number, 2675. While Gf Securities Co.Ltd(000776) , Guotai Junan Securities Co.Ltd(601211) , Guosen Securities Co.Ltd(002736) , China Securities Co.Ltd(601066) , Huatai Securities Co.Ltd(601688) , Galaxy Securities, China Merchants Securities Co.Ltd(600999) , Founder Securities Co.Ltd(601901) , Shenwan Hongyuan Group Co.Ltd(000166) all have more than 1000 women.
In addition to the newly established joint venture securities companies or foreign-funded securities companies, women account for more than 50% of investment advisers, including Western Securities Co.Ltd(002673) , Citic Securities Company Limited(600030) , Huatai Securities Co.Ltd(601688) , Guosen Securities Co.Ltd(002736) .
A person from the business department of a large securities firm in Shenzhen told reporters, “female investment advisers have their work advantages, affinity, easy communication, can capture customers’ emotions; at the same time, they are patient and meticulous.”
CICC has the largest number of female analysts
In the research field, there are many outstanding women in the Institute of securities companies, such as Shao Linlin, director of Anxin Securities Research Institute, Wu chaoze, director of China Securities Co.Ltd(601066) Securities Research Institute, Zhao Xueqin, director of Guolian Securities Co.Ltd(601456) Research Institute, and Li yuebo, director of Caitong Securities Co.Ltd(601108) Research Institute.
However, compared with investment advisory positions, women do not account for a high proportion of securities analysts. According to the data, there are 1297 female analysts in the whole industry, accounting for 36.70%.
Among them, China International Capital Corporation Limited(601995) female analysts have a large number, 94 in total, accounting for 47.96% Shenwan Hongyuan Group Co.Ltd(000166) and Haitong Securities Company Limited(600837) have 55 and 54 female analysts respectively, accounting for more than 45%.
In addition, although the team of analysts from UBS Securities, Dongxing Securities Corporation Limited(601198) , Shanxi Securities Co.Ltd(002500) and Shanxi Securities Co.Ltd(002500) is smaller than that of the large institute, women account for more than 50%.
As of March 4, the number of female analysts in four securities companies accounted for less than 20%, including deppon securities, Aijian securities, Zhongtian securities and Caitong Securities Co.Ltd(601108) .
female Baodai is few, but the proportion of experts is not small
According to the data, the proportion of women among the sponsor representatives is the lowest in the practicing positions. As of March 4, there were 1626 female insurance agents in the whole industry, accounting for only 21.93%.
A female securities lawyer recalled to a Chinese reporter of a securities firm that she had interned in an investment bank for more than half a year before, but she retreated due to many business trips and finally chose the lawyer industry. A female investment bank employee told reporters that investment banks have high requirements for people’s comprehensive ability. “First, we should have strong time management ability and multi task processing; second, we should be able to work under pressure; third, we should have efficient execution ability, communication ability and coordination ability.”
According to the data, there are more than 100 female insurance representatives in China International Capital Corporation Limited(601995) and Citic Securities Company Limited(600030) with 106 and 104 respectively, accounting for 24.2% and 19.92% respectively. In China Securities Co.Ltd(601066) , the top three in the total number of insurance agents, women accounted for only 10.8%.
At present, in the whole industry, DBS securities has the highest proportion of female insurance agents, with 53.85%; Aijian securities 50%; Cinda securities, Huaxing securities and Northeast Securities Co.Ltd(000686) also account for more than 40%.
Although the proportion of female insurance agents in the whole industry is very low, women occupy a lot of seats in the list of sponsor projects, which shows that women are not superior to men. According to the data of China Securities Association, as of March 4, 18 insurance agents participated in more than 15 sponsorship projects, of which 7 were women, accounting for nearly 39%.
Among them, the female insurance agent ranked first, and the items recommended by Zhao Hong of Ping An Securities reached 24; The fifth ranked Citic Securities Company Limited(600030) Baodai Chen Shumian, with 17 orders in total Haitong Securities Company Limited(600837) Baodai sun Yingchen and Zheshang Securities Co.Ltd(601878) Wang Yiming have 16 sponsorship projects respectively; Ping An Securities Baodai Ganlu, Shenwan Hongyuan Group Co.Ltd(000166) underwriting sponsor jinbixia and AVIC securities Baodai Yangjing all have 15 orders.
female leaders are still minorities
In recent years, many women have taken the management position and even become the helm of a securities company. According to the data, five women have served as the chairman of securities companies (according to the parent company), namely Hu Zhiji, chairman of Credit Suisse (China), Zhang Nasha, chairman of Guosen Securities Co.Ltd(002736) chairman, he Chunmei, chairman of Sealand Securities Co.Ltd(000750) chairman, Wu Xiaojing, chairman of Zhongshan Securities and Xue he, chairman of Jinyuan unified securities.
In addition, there are 13 women serving as the President / General Manager / CEO of securities companies in the whole industry, including Cui Xiuhong of Chuancai securities, Zuo Chang of deppon securities, First Capital Securities Co.Ltd(002797) Wang Fang of Guosheng securities, Wang Yaonan of Wanlian securities, Kang Fuhua of Zhongshan securities, Ning min of BOCI Securities, he Shanwen of HSBC Qianhai securities, Qian Jing of Morgan Stanley Securities (China) Wang Yi of Netcom securities, Zhu Ruimin of Cinda securities, sun Dongqing of Nomura Oriental International and bu Yanhong of China Post securities.
Although there are outstanding women standing at the top of the pyramid of the securities industry, there are still fewer female executives. According to the statistics of Chinese journalists from securities companies on the data of China Securities Association, calculated according to the caliber of the parent company, as of March 4, there were 160 female executives in the whole industry, accounting for only 16.1%.
There are 17 securities companies without female executives, including Citic Securities Company Limited(600030) , Galaxy Securities, Haitong Securities Company Limited(600837) and other large securities companies.
As many as 44 securities companies have only one female executive. Only seven securities companies have four female executives, namely Morgan Stanley Securities (China), East Asia Qianhai securities, Jinyuan unified securities, century securities, Zhongshan securities, Tianfeng Securities Co.Ltd(601162) , Hengtai securities.
In terms of proportion, 15 securities companies have female executives accounting for more than 30%. It is worth mentioning that among the top 10 securities companies, 7 securities companies are foreign-funded or joint venture background. For example, female executives of DBS securities account for 60%; Morgan Stanley Securities (China) and East Asia Qianhai securities have 57.14% and 50% respectively; More than 40% of Jinyuan unified securities and Goldman Sachs Gaohua securities.
Last year, Hu Zhiji said on behalf of women in the financial industry, “I deeply feel that women leaders have always been minorities in the financial industry. Only with more solid work and beautiful performance can they contribute to the breakthrough of women’s position in the financial market. At the same time, I also hope that more and more female elites will emerge in the financial industry.”
