Since this week, the shock of A-share market has intensified. As of March 9, the Shanghai Composite Index fell below 3300 points to 325639 points, with a cumulative decline of 5.55%. Stock prices of securities companies also changed, with a cumulative decline of more than 6.5%. Except that Chinalin Securities Co.Ltd(002945) , Caida Securities Co.Ltd(600906) kept rising, the stocks of other securities companies fell to varying degrees, and the cumulative decline of China International Capital Corporation Limited(601995) , Western Securities Co.Ltd(002673) and Western Securities Co.Ltd(002673) exceeded 10%.
On March 9, in order to maintain the stability of the capital market and appease investor sentiment, a number of securities companies issued intensive announcements.
China International Capital Corporation Limited(601995) said in the announcement that in view of the closing price declines of A-Shares of the company on March 7, March 8 and March 9, 2022 were 6.69%, 1.75% and 2.35% respectively, and the cumulative decline deviation within three consecutive trading days was 5.14%. In order to maintain the stability of the capital market and effectively protect the legitimate rights and interests of investors, the recent operating performance of the company is described as follows:
According to the third quarter report of 2021 disclosed by the company on October 29, 2021, the net profit attributable to the shareholders of the parent company and the net profit excluding non recurring profits and losses attributable to the shareholders of the parent company in the first three quarters of 2021 were RMB 7.454 billion and RMB 7.421 billion respectively, with a year-on-year increase of 52.39% and 60.3%. The company operated normally in the fourth quarter of 2021.
China International Capital Corporation Limited(601995) also said that from January to February 2022, the company insisted on financial services for the real economy as the starting point, actively grasped the strategic development opportunity period of the securities industry, steadily promoted the implementation of the strategy, and continued to maintain a steady development momentum of all major businesses. The company has no other major events that may have a great impact on the company’s share price.
China Industrial Securities Co.Ltd(601377) also issued an announcement on the recent stock price fluctuation, saying that at present, the company’s operation is normal and there are no matters that should be disclosed but not disclosed.
China Industrial Securities Co.Ltd(601377) said that in 2021, the company actively grasped the market opportunities and effectively improved its business performance and competitiveness by closely focusing on the strategic goal of building a first-class securities finance group. In 2021, the company realized an operating revenue of 18.972 billion yuan and a net profit attributable to the shareholders of the parent company of 4.743 billion yuan, an increase of 7.92% and 18.48% respectively over the same period of the previous year. By the end of 2021, the total assets of the company were 217465 billion yuan, and the net assets attributable to shareholders of listed companies were 41.189 billion yuan, an increase of 20.13% and 9.14% respectively over the end of the previous year. The company will, as always, conduct steady and standardized operation, strive to improve the level of operation and management, continuously improve the company’s core competitiveness and profitability, and strive to create value for shareholders.
Orient Securities Company Limited(600958) also issued an announcement on the company’s main business conditions Orient Securities Company Limited(600958) said that the company’s operating performance increased significantly in 2021, and roe increased significantly, both reaching a new high since 2016; The effect of income balance transformation is outstanding, and the light and heavy asset businesses go hand in hand. The company will continue to do a good job in various operations, continuously improve the level of corporate governance and standardized operation, actively enhance its core competitiveness, strive to improve roe level and corporate value, and strive to create better returns for investors.
Yang Delong, chief economist of Qianhai open source fund, said, “under the influence of bad factors outside China, investors’ confidence is insufficient, the share prices of some good companies with good performance have also fallen continuously, and many high-quality leading stocks have been killed by mistake, further aggravating the rhythm of market adjustment.”
