time is tight, I will make a long story short.
received a pop-up window today, and the trading volume of A shares has exceeded one trillion for 11 consecutive days.
However, the trend of ETFs in the securities industry is almost flat, and the trend of the entire securities industry is very general.
From the perspective of "channel fee", this part of the brokerage's income depends on the transaction size and rate. The
transaction function is a homogeneous service, so price wars are inevitable.
Because of my long-term insistence on sharing, the number of people following me gradually increased, and many brokerages came to me to help me open an account and attract traffic, and at the same time gave some advertising fees.
I will pick out the brokers with the most favorable conditions and recommend them to everyone. In the first two years of
, it is very common to avoid five in case. In the past two years, it has become less and less, and I have not taken it seriously.
html At the beginning of the 2000s, a brokerage company cooperated with me. In case of five exemptions, it would be cancelled in about two months.The original X-Thai brokerage cooperated with me, and the rate they gave me was just in case. This rate is pretty good as far as I know.
told me on Tuesday that the cooperation has to be stopped, and it will last until Friday at most, and the rate will be changed to 10,000 1.3, and it is clearly told me that this is a unified requirement, and there is no need to find other partners. The rate is 10,000 1.3, without any special circumstances.
In this case, only one of the brokerages that I cooperate with can do 10,000.
Many people may not feel it. Before
, most of them were just in case, the 1.2 was a little out of hand, and the 15.15 was almost nothing.
is almost gone now in case.
not only that.
Combining my communication with several brokerage industry professionals, this should be an administrative force.
This kind of regulation can avoid vicious competition in the industry.
We have seen this kind of regulation in the insurance, banking and other industries. For example, insurance cancels the annuity insurance with a predetermined interest rate of 4.025%, such as the lowest interest rate in the banking industry.
Then it can be expected that there will be a bottom line in the price war of brokers.
This bottom line is not only for the bottom line of securities companies' profits, but more importantly, it avoids the phenomenon of "tip-toe" in the industry. You can set aside more energy to do innovative business and services without worrying about being poached by friends. I think
is a good thing, but the degree of goodness will not be seen until the next calendar year.
Tonight China Ping An announced the premium income for June. The new personal life insurance business fell by 12.4% year-on-year, May by 31.4% year-on-year, April by 22.5% year-on-year, and March by 17.1% year-on-year.
Property insurance fell 1.1% year-on-year, down 6.9% year-on-year in May, 10.5% year-on-year in April, and 6.5% year-on-year in March.
The total premium in the first six months was 422.21 billion yuan, compared with 445.245 billion yuan last year, a year-on-year decrease of 5.17%. Since the reform of
, the number of agents has decreased from a peak of 1.4 million to the current number of 900,000. (As far as I know, the number of agents has fallen below 900,000.)
The premium data for June is still good. On an optimistic point of view, the decline has narrowed. On a pessimistic point of view, it is still negative growth.
As a comprehensive financial company, Ping An of China's current products include insurance, banking, brokerage, trust, and technology. From the current point of view, insurance revenue and profit account for the majority.
But if Ping An was just an insurance company, I would have sold it long ago.
My WeChat public account: Stock Sea Meditation, welcome to pay attention, let's talk about investment together.
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