China Brokerage Sector Declines 13.62% Year-to-Date, 33% of Stocks Trade Below Book Value as of May 25

GateNews
According to Wind data, China's brokerage sector has declined 13.62% year-to-date as of May 25, 2026, with 33% of listed brokerage stocks trading below book value. Multiple securities firms held earnings conference calls to address investor concerns regarding weak stock price performance despite solid financial results. Some brokerages that led industry mergers and acquisitions experienced losses below issuance prices.
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