单看第三季度表现，中国银河营业收入录得100亿元，同比增长23.92%；净利润25.76亿元，同比增长54.79%。Investment banking revenue increased year-on-year in the first three quarters.
China Galaxy released its third-quarter report on the evening of October 30.
The data shows: the company achieved revenue of 27.086 billion yuan in the first three quarters, a year-on-year increase of 6.29%; the net income attributable to the mother was 6.964 billion yuan, a year-on-year increase of 5.46%.
Looking at the performance in the third quarter alone, China Galaxy's revenue reached 10 billion yuan, a year-on-year increase of 23.92%; net income was 2.576 billion yuan, a year-on-year increase of 54.79%.
Significant increase in investment income.
China Galaxy's "investment income and fair value change income" in the first three quarters of this year increased by 49.89% year-on-year.
This brokerage explains that this is mainly due to the growth in investment trading business performance.
Meanwhile, China Galaxy saw a year-on-year decline in net interest income and net fee and commission income in the first three quarters, with the former due to a decrease in interest income from credit and fixed income business, and the latter due to a decrease in net fee income from securities brokerage business.
In other words, investment income 'strongly supported' the third quarter report.
Increase in investment banking revenue.
China Galaxy's third quarter report revealed subtle changes in its core business.
As shown in the graph above, in the first three quarters of this year, there was a year-on-year decline in net fee income from brokerage business, but net fee income from investment banking and asset management both achieved year-on-year growth.
Significant increase in ETF holdings.
Zishitang has noticed that two China Universal CSI 300 ETFs significantly increased their holdings of China Galaxy's shares in the third quarter.
One is Huatai Bairui China Universal CSI 300 ETF, and the other is E Fund China Universal CSI 300 ETF, both of these funders increased their positions by as much as 60% compared to the previous period.
It can be seen that the current A-share equity index 'blue chip' has the intention to hold China Galaxy.
