
Yesterday (November 10), the A-share market bottomed out and rebounded, with the Shanghai Composite Index rising in the afternoon to close at 4018.6 points, potentially testing the intraday high of 4025.7 points from October 30. The brokerage sector showed slight movements, with Northeast Securities hitting the daily limit-up, and GF Securities, Dongxing Securities, Changjiang Securities, among others, following the upward trend.
Among popular ETFs, the Broker ETF (159842) rose 1.02%, with a turnover of 392 million yuan, significantly higher than last Friday. Wind data shows that the fund's shares increased by 6 million units yesterday, and its scale rose to 8.165 billion yuan, hitting a record high.
Institutions stated that for the full year, the capital market is expected to maintain a steady upward trend, with the sustainability of earnings growth likely to improve. The sector has the potential for valuation recovery. Against the backdrop of a continuously improving capital market, brokerage proprietary business revenue is expected to continue growing, providing steady momentum for overall performance.
Data shows that the Broker ETF (159842) tracks the CSI All Share Securities Company Index, which selects up to 50 stocks from the securities industry within the CSI All Share sample stocks to reflect the overall performance of the sector. Off-exchange investors can also capture the upside opportunities in the brokerage sector through the Broker ETF Connect Fund (Class A: 025193; Class C: 025194).
