券商去年分仓总收入109.86亿元 中信证券居榜首

Group 1 - The core viewpoint of the article highlights a significant decline in the brokerage firms' split commission income for 2024, attributed to a decrease in public fund stock trading volume and ongoing reductions in commission rates [1][4]. - In 2024, the total split commission income for brokerages amounted to 10.986 billion yuan, representing a decline of over 30% compared to 2023 [2][4]. - The total stock trading volume for public funds in 2024 was 21.32 trillion yuan, down 7.59% from 23.07 trillion yuan in 2023 [4]. Group 2 - The top ten brokerages accounted for 44.44% of the total split commission income in 2024, an increase from 42.16% in 2023, indicating a rise in market concentration [7]. - The ranking of brokerages by split commission income saw changes, with CITIC Securities leading at 757 million yuan, down 34% year-on-year, followed by GF Securities at 648 million yuan, down 23% [5]. - Some brokerages, such as Huafu Securities and Huayuan Securities, managed to achieve growth in split commission income despite the overall decline in the industry [8]. Group 3 - The new regulations on public fund trading fees, effective from July 1, 2024, set a maximum commission rate of 0.262% for passive equity funds and 0.524% for other types, contributing to the decline in brokerage income [4]. - Analysts suggest that the ongoing consolidation in the brokerage industry will further alter the landscape of split commission income [8]. - The emphasis on research capabilities is increasing, with firms like Guotai Junan and Haitong Securities potentially challenging the current rankings post-merger [5][9].