Chinese Brokers Forecast 50% YoY Profit Growth for H1 2026, Driven by Trading Surge

According to broker forecasts and market data, China's 42 listed brokers are expected to deliver combined net profit of 1.425 trillion yuan in H1 2026, up 50% year-over-year. The Shanghai and Shenzhen markets saw daily average stock and fund trading volume of 3.24 trillion yuan in the first half, up 101% YoY, with Q2 trading reaching 3.35 trillion yuan, up 125.45% YoY. The surge is driven by increased A-share trading activity, recovery in investment banking business, and robust proprietary trading. New equity fund issuance also recovered to 492.3 billion shares in H1, up 88.33% YoY.
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