[Orient Securities: Q3 net profit fell 47.78% year-on-year and 70% month-on-month] On October 30, Orient Securities (600958.SH) announced that operating income in the first three quarters was 12.171 billion yuan, a year-on-year decrease of 4.23%; net profit attributable to shareholders of listed companies was 5.379 billion yuan, a year-on-year increase of 5.25%. In the third quarter, operating income was 2.61 billion yuan, a year-on-year decrease of 44.54%; net profit attributable to shareholders of listed companies was 860 million yuan, a year-on-year decrease of 47.78%. The change in performance was mainly due to the decrease in business income from institutions and sales transactions, investment banking and alternative investments. Xiaocai Note: The company’s Q3 net profit was 860 million and Q2 net profit was 2.931 billion. Based on this calculation, Q3 net profit dropped 70% from the previous quarter.