The work content of interns in securities companies mainly depends on the company and the specific work field (take the research institute as an example, interns and employees who have been employed for less than one year will spend most of their time writing research reports.

Usually, an intern or a newcomer with no work experience comes into contact with Hangyan's first job, which is to spend about two months writing an in-depth report of the company or an industry research report. Writing a report that meets the requirements is an essential basic skill for industry researchers, and it is also a very hard work. Its basic requirements include, but are not limited to, clear logic, prominent focus and refined language. These requirements seem simple, but they are actually difficult to achieve, and they need to be constantly studied, tempered, understood and summarized. At this time, personal understanding and diligence will be very important.

Generally, interns in top brokerage firms have a lot to learn. In addition to writing research reports, they may also go on business trips and field trips, which will of course be very hard.

1. What reports do industry researchers write?

Researchers usually write their research results into the following written reports:

1, strategy research report: including annual strategy report, semi-annual strategy report, and even some brokers are more detailed, and there will be quarterly strategy reports. The strategy report is mainly a macro summary and overall planning for a period of time in the future (one year/six months/quarter, etc.). According to the researcher's thinking, the strategy report lists the sub-sectors and related companies that he is optimistic about, and then tracks the dynamics of these companies and publishes several reports for recommendation in due course.

2. Industry research report: Track and study the sub-sectors within the industry, and put forward the logical points of investment in sub-sectors.

3. In-depth report of the company: conduct in-depth analysis of the key companies listed in the strategy report and clearly explain the investment logic of the company.

4. Review report: including annual report review, semi-annual report review, quarterly report review and sudden (news) event review, which is a simple summary of the company's past performance and re-emphasizes (or slightly adjusts) the logical point of investing in the company.

5. Analysis report of new shares: investigate the companies to be publicly issued in the industry, issue reports and provide inquiry suggestions for buyers.