China's CSRC has notified brokerages of the 2026 classification results. The assessment covered 106 entities; 44 subsidiaries were consolidated into parent firms for unified evaluation. Ratings largely match prior-year proportions: 53 firms rated A (including 14 AA), 42 B and 11 C. This is the second evaluation under the CSRC's revised Securities Company Classification Regulations, issued in Aug 2025 to implement the capital market 1+N framework emphasizing risk prevention, stronger supervision

China's CSRC has notified brokerages of the 2026 classification results. The assessment covered 106 entities; 44 subsidiaries were consolidated into parent firms for unified evaluation. Ratings largely match prior-year proportions: 53 firms rated A (including 14 AA), 42 B and 11 C. This is the second evaluation under the CSRC's revised Securities Company Classification Regulations, issued in Aug 2025 to implement the capital market 1+N framework emphasizing risk prevention, stronger supervision and higher-quality development while supporting differentiated growth for smaller firms.