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Live Updates  >  Live Update Details

2025-11-07 07:31:16

[China Merchants Securities: Slow Bull Market Continues, Brokerage Sector Deserves More Attention and Portfolio Allocation] China Merchants Securities released a research report stating that as of November 4, 2025, the brokerage sector's PB ratio was 1.53, placing it at the 41.48th percentile over the past 10 years; institutional holdings in Q3 2025 were 0.90%, unchanged from the previous quarter, but still lower than the standard allocation of 3.99%. Considering the continued slow bull market, and the fact that brokerages, as "bull market leaders," have lagged behind overall, they deserve more attention and portfolio allocation.

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