What are the prospects for the securities industry under the 2020 epidemic?

Introduction of the current new coronavirus pneumonia has become another major epidemic in China since 2003, since mid-December 2019, the number of cases of new coronavirus infections has been growing, but has now been effectively controlled, drawing on the impact of the SARS epidemic in 2003 on the securities industry, mainly in the stock market investment, brokerage firms' performance, as well as policy guidance and so on The impact, in addition to the practitioner exams also have a certain impact, as a general investor or ready to enter the securities industry you, for the 2020 epidemic under the development prospects of the securities industry must be timely to understand.

1, April securities practitioner exam delayed, ready for the May exam

Because of the impact of the epidemic, the March securities practitioner exam registration delayed, but the April registration work and the May exam still need to be prepared to enter the securities industry students attention. Epidemic will always pass, raised meat is always to reduce the reduction, the work is always to face!

For the students who are ready to take the exam in May, need to pay attention to the latest reform of the securities law, at the same time to develop a good study plan: the examination subjects teach learning, past exams strategy, washing and brushing questions can not be less. It should be noted that the original April candidates will be concentrated with May, including recent graduates to reach the battlefield, this examination is expected to be slightly more difficult to prepare for Oh!

2, monetary policy counter-regulation efforts to increase the market financing costs down, liquidity enhancement

After the Spring Festival, the central bank through the open market operation price and quantity of loose, the stock market opened the first two days of the release of liquidity totaling 1.7 trillion yuan, the 7-day period and the 14-day period of the winning rate of the reverse repo down 10 BP compared to the last time, respectively. Meanwhile, the Securities and Futures Commission (SFC) and the People's Bank of China (PBOC) actively support securities companies to supplement liquidity by issuing special financial bonds, short-term financing bonds, corporate bonds and other means, increase the relevant financing amount, and support securities companies to supplement capital by issuing additional shares and other means. In the policy support, since January 2020, securities companies bond issue 77 single, issue size of 1997 billion yuan, compared with the same period of the previous year, respectively, an increase of 185% and 190%, the scale of issuance has risen markedly; of which the number of short-term financing issuance and the size of the year-on-year growth of 411% and 465%, respectively.

3, brokerage performance decline

Brokerage firms as the most active financial institutions in the securities market, the impact of the epidemic is greater, stemming from the performance of brokerage firms a large

Part of the results from practitioners of the offline customer service and field office. From the performance point of view of the brokerage firms in January performance ring down, 36 brokerage firms together to achieve operating income of 18.484 billion yuan, a decrease of 45.44%; net profit of 7.600 billion yuan, a decrease of 48.07%. However, the brokerage firms online office to carry out, from the ring data, the brokerage firms after the holiday the first week of online account opening number, the transaction size has increased significantly, a number of brokerage firms online business volume accounted for more than 90%. At present, all brokerage firms are pushing online service business, including real-time query of the epidemic, rich mobile trading services, guidance for off-site business processing, strengthening the artificial expert investment and intelligent investment services, etc., which also boosted the application of financial technology in the securities industry.

4, the stock market investment fever decline

By the impact of the epidemic, China's provinces and cities to start the first level of response, the implementation of traffic control, personnel mobility management measures, and so on, so enterprises delayed the start of the work and the online office, the decline in the desire of consumers to shop, which led to the capital market of China's economy to generate concern, China's stock market to generate downward pressure.

From the point of view of the market reaction, the first day of the Spring Festival opening, China's stock market jumped low, the Shanghai Composite Index fell 7.72%, the Shenzhen Composite Index fell 8.45%, the GEM Index fell 6.85%, the lowest down to 2685.27, the overall subsequent China after a series of regulation and stimulus policies, the stock market began to sharply rise. But reference to the 2003 SARS epidemic under the stock market trend, the subsequent impact of the epidemic continues, resulting in the primary and secondary industries three months to recover, the tertiary industry six months to recover, the stock market as a whole is still facing greater downward pressure. But by industry, pharmaceutical stock investment is still more active.

The impact of the epidemic on China's securities industry is relatively limited, China has a huge population base and gradually open up the capital market, the short-term industry is in a downturn, but with the recovery of the consumer market and policy efforts to increase the size of the securities industry in the long term optimistic securities industry is still in a period of booming development, you can still choose to participate in the examination in other months, but there is one thing that can not be forgotten, learning is! The first thing you need to do is to find the right course to study for the securities qualification exam.