Yesterday (November 13), the market opened low but closed high, with the Shanghai Composite Index refreshing its 10-year high. The brokerage sector, known as the "flag bearer of the bull market," rallied in the afternoon, transitioning from "weak to strong" once again. Dongxing Securities, Huaxi Securities, and Zhongyin Securities led the gains.

Among popular ETFs, the Brokerage ETF (159842) closed up 0.85%. Wind data shows that the product has seen continuous capital inflows for five consecutive trading days, totaling over 200 million yuan. As of Thursday, the fund's shares reached 6.958 billion, and its scale reached 8.242 billion yuan, both setting new historical records.

A research report from Dongwu Securities pointed out that the recovery in the equity market and the record-high issuance of publicly offered equity-focused funds have accelerated the development of equity wealth management. Household asset allocation will further shift toward equities, indicating immense potential in the equity wealth management market. As brokerages are the main participants in equity wealth management, they will fully benefit from its development.

Data shows that the Brokerage 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 capitalize on the upward trend of the brokerage sector through the Brokerage ETF Link Fund (Class A: 025193; Class C: 025194).