论文部分内容阅读
由于2008年市场的高度不确定性,券商业绩将出现严重分化,我们认为部分中小券商还将面临持续盈利预测下调压力。此外,优质券商IPO和创新业务推出后,中小券商将面临巨大的被边缘化风险,而这种风险目前尚未完全体现在现有股价当中。
Due to the high degree of uncertainty in the market in 2008, the brokerage performance will be severely divided, and we think some small and medium-sized brokerages will also face downward pressure on the continuous profit forecast. In addition, after the launch of high-quality brokerage IPO and innovative business, small and medium-sized brokerages will face huge marginalized risks, which are not yet fully reflected in the existing share prices.