[Huatai Securities: Q3 net profit fell 51% month-on-month] On October 30, Huatai Securities (601688.SH) announced that it achieved operating income of 31.748 billion yuan in the first three quarters, a year-on-year increase of 17.03%; net profit attributable to shareholders of listed companies was 15.041 billion yuan, a year-on-year increase of 18.13%. In the third quarter, operating income was 8.09 billion yuan, a year-on-year decrease of 25.84%; net profit attributable to shareholders of listed companies was 3.349 billion yuan, a year-on-year decrease of 35.38%. The change in performance was mainly due to the decrease in operating income. Xiaocai Note: The company’s Q3 net profit was 3.349 billion and Q2 net profit was 6.891 billion. Based on this calculation, Q3 net profit dropped 51% from the previous quarter.