[CITIC Securities: Net profit increased by 32.66% year-on-year in the first three quarters] On October 26, CITIC Securities (600030.SH) announced that its operating income in the third quarter was 16.898 billion yuan, a year-on-year decrease of 26.59%; the net profit attributable to shareholders of listed companies was 7.679 billion yuan, a year-on-year decrease of 20.19%. In the first three quarters, operating income was 66.590 billion yuan, a year-on-year increase of 18.60%; net profit attributable to shareholders of listed companies was 31.022 billion yuan, a year-on-year increase of 32.66%. The change in performance was mainly due to the increase in income from brokerage business, investment banking business, and asset management business and the reversal of credit impairment losses. Xiaocai Note: The company’s Q3 net profit was 7.679 billion, and Q2 net profit was 13.127 billion. Based on this calculation, Q3 net profit dropped 41% month-on-month.