China Securities Association has completed its 2026 special evaluation of
securities firms on the financial 'five articles' and delivered results directly
to each firm. Quantitative rankings show leading brokers widened their edge on
core metrics, with CITIC Securities, CSC Financial and Guotai Haitong sitting in
the industry’s top tier. Business performance is increasingly divergent across
sub‑sector tracks, with differentiated development becoming industry consensus.
The evaluation’s bonus points — scaled so a 100‑point score converts to 1 point
— will be factored into the 2026 broker classification.
