中国银河:经纪投资带动业绩增长 轻资本业务有望持续发力

中信建投证券
Oct 31, 2025

核心观点公司前三季度营收、净利保持稳步增长。受益于前三季度市场交投情绪的活跃,投资业务回暖与财富管理业务强劲增长协同发力,成为营收提升的双引擎。轻资本业务方面,公司投行业务整体有所改善,资管业务经营稳健。展望未来,公司依托经纪业务市占率提升及客户规模的持续扩大,有望实现多业务收入的协同增长,驱动全年业绩向好。事件10 月30 日,中国银河发布2025 年三季度业绩情况。公司2025 年前三季度实现...

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