What are the main businesses of securities companies?

Brokerage business: refers to the business that a securities company accepts the entrustment of customers through its securities business department, buys and sells securities on behalf of customers according to their requirements, and makes money through investors' trading commissions.

Asset management business: refers to investing with customers' money, such as stock trading and bond speculation. The money earned by asset management belongs to customers, but securities companies can charge management fees.

Self-operated business: refers to securities companies investing with their own funds, such as stock trading and bond speculation.

Investment banking: The core is to help enterprises raise funds, such as IPO, refinancing, issuance of various bonds, asset securitization, and also derived from related restructuring and mergers and acquisitions of listed companies. Earn money by collecting fees.