Stock market picks up new business department to rekindle enthusiasm

Recently, a number of brokers reported to the new Sales department application, securities new sales department enthusiasm rekindled.　　This is in sharp contrast to the practice of a bear market firm that shrinks its operating costs and revokes applications from the new business department. At present, CICC, Wanguo Securities, and other major securities companies have been approved in a number of provinces to set up a new business department. And the Yangtze River Securities (000783), Qilu Securities, Citic Wantong, Datong Securities and other small and medium-sized brokerages have been in the province to establish a new business outlets. Since the new business department opened the opening, the new sales Department of the National Securities Company has reached 50.　　In addition, including the securities, the Great Wall Securities and several brokerages have also submitted a new Business department application, is waiting for approval. Citic Securities (600030) recently issued a board notice that the company has agreed to authorize management in the conditions of maturity, in the appropriate city to set up no more than 20 securities business, each sales department operating capital of not more than 5 million yuan.　　June 11, the Yangtze River Securities issued a notice, the company has obtained in Hubei province, the new 4 outlets of the official reply, the relevant outlets in order in Xiaogan, Suizhou, Ezhou, Huanggang and other places. Analysts point out that since the stock market has warmed up, the enthusiasm of the new sales department of the brokerage has rekindled.　　Although the new business department cost is not low, but the bull market profit effect spread, stock investors enthusiasm recovery, can help the sales department quickly recover costs. In the last year, the Securities sales department, the new sales department almost stalled. According to a brokerage business owner said last year, the company's revenue mainly from the brokerage business, but basically did not make money, some outlets have been lost. Therefore, a bear market, many sales department shrink lease area and personnel size. And a new General securities business Department, about the cost of 10 million yuan.　　In the market continues to weaken in the background, the new business Department of the brokerage enthusiasm will naturally fade. In the new Sales department layout, the brokerage strategy is different.　　Some brokers choose second-tier cities in the Midwest, and some brokerages tend to be in the eastern developed cities. A big brokerage in Shanghai said it was still inclined to choose developed areas on the east coast, such as Dalian, Ningbo, Fujian and so on, in the declaration of new outlets. Mainly because these cities have the basis of industrial economy, for the development of the securities industry to provide a good condition and broad market, and the residents have a strong sense of investment. A good financial environment is the main reason for the securities companies to choose new sales offices in the eastern coastal areas.