Brokerage performance so good, the end of the award must be sky - high! Coincidentally, on Thursday, an article poked everyone's eye,\"250 months'salary? The brokerages are going to pay a premium?\" Since the media wrote that the end-of-year awards for CITIC's employees were to be issued, the range was mostly between 85 months and 250 months, and it was not difficult to get the 6 million end-of-year award at the median.
To this rumor, citic investment securities executives said,\" the rumor is grandstanding, and clearly not in accordance with the facts.\" Source of the article because of the facts do not agree, after our doubts have been withdrawn.\"
CITIC's many insiders are equally baffled by the rumours.\" The time is wrong. We don't have an end-of-year bonus at all. And for the specific amount of incentives, different posts have a wide gap, on the whole to see rumors or excessively exaggerated elements.
As the market's famous \"75 division \",\"99 division \", over the years rumored that citic investment securities employees more than 75% of the year-end award, in 2015 legend of the company's year-end award is extremely rich, jump to 99 departments, wages and year-end awards higher than 99% of the peers.
In 2019, the Shanghai composite index rose from 2440 points to more than 3,000 points, peaking at 3,288 points during the period, an overall gain of%, while the Shenzhen composite index and the gem were more bullish, with annual gains of% and% respectively, ranking second and third among the world's major stock indexes.
In addition, citic's shares also rose in controversy, up 263% in the year, which is why there has been speculation about citic's high annual bonus.
Brokers remain one of the main lines of bullishness in A-share bulls, according to the agency's recent report on its 2020 A-share investment strategy. As the most important link and intermediary of the capital market, the future development space is very broad. Brokerage's 2020 investment strategy generally believes that the future securities industry Matthew effect will continue, institutions are mostly optimistic about leading brokerages and characteristic brokerages.
Bank of china securities expects that since 2019, affected by many uncertainties at home and abroad, brokerage sector valuation has been pulled back to a lower level, the recent focus of multiple positive factors, the plate is expected to show high elasticity again. Under the pessimistic, neutral and optimistic assumption, the overall net profit growth of the securities industry in 2020 is expected to be -%,%,%.
Tianfeng Securities believes that from the business level, equity financing ushered in a big development, investment banking business is expected to blossom in 2020. gem reform will steadily advance, the new three board reform, split listing, refinancing, mergers and acquisitions and other related policies have landed,2020 will be a big year of equity financing, but also a good policy into brokerage performance. Investment banking revenues are expected to grow by at least 20 per cent year-on-year to $66.2bn in 2020. Moreover, investment banking is an important engine for activating business resources and boosting brokerage ROE, which can benefit from equity investments, capital intermediation, and derivatives. The investment banking PE model is expected to clearly reflect its performance contribution in 2020. At the market level, trading activity has increased significantly since December 2019, and has also brought flexibility to broker performance.