Two Chinese brokerages report steep drops in third-quarter net profit
Zheshang Securities posted a 9.2% fall in Q3 net profit year on year, while Western Securities saw a 71.0% decline, Reuters reported.
- published on Newsmetry
- original source published
the public page opens no earlier than 15 minutes after we detect the story. approved stories may reach the api sooner. connect the api →
what happened
Zheshang Securities Co Ltd said its net profit for the third quarter fell 9.2% from a year earlier. Western Securities Co Ltd reported a 71.0% year-on-year decline in net profit for the same period. The figures were reported by Reuters.
why it matters
Brokerage earnings depend heavily on trading volumes and activity in China's stock market, so weak quarterly results can point to quieter trading across the sector. Two companies are not enough to draw a conclusion about the whole industry.
tags
instruments
sources
- Zheshang Securities Q3 Net Profit Down 9.2% Y/Y — Reuters, 28 October 2026 at 08:28 UTC
- Western Securities Says Q3 Net Profit Down 71.0% Y/Y — Reuters, 28 October 2026 at 08:33 UTC
prepared by the newsmetry newsroom with ai assistance from the sources listed below. not investment advice.
the public page opens no earlier than 15 minutes after we detect the story. approved stories may reach the api sooner.
get stories in real time ↗