What level of brokerage is China Post Securities?

China Post Securities is a first-class brokerage firm. According to the classification of China Securities Regulatory Commission, securities companies are divided into first-class brokers and second-class brokers, and China Post Securities is a first-class broker supervised by China Securities Regulatory Commission (China Securities Regulatory Commission). First-class brokers have a wider business scope and higher business authority, and can engage in securities underwriting, proprietary trading, asset management, investment banking and other securities businesses.