Mei Ri Jing Ji Xin Wen·2025-03-25 06:53Group 1 - The core viewpoint of the articles highlights that the brokerage industry has seen significant growth in 2024, with nearly 90% of companies reporting improved performance, driven by a bullish market for both stocks and bonds, as well as increased trading activity since September 24 [1] - Several brokerages reported substantial increases in new account openings for 2024, with Zhongtai Securities adding 1.0508 million accounts (up 93.12% year-on-year), Nanjing Securities seeing a 51% increase, and Ping An Securities exceeding 1.7 million new accounts [1] - Among the brokerages that have released their 2024 annual reports, Dongfang Caifu achieved a net profit of 9.610 billion yuan, up 17.29% year-on-year, Nanjing Securities reported a net profit of 1.002 billion yuan, up 47.95%, while Zhongtai Securities saw a decline in net profit to 937 million yuan, down 47.92% [1] Group 2 - The brokerage sector is expected to experience a fundamental reversal in Q1 2025, supported by a low base effect, with increased expectations for mergers and acquisitions within the industry [2] - The brokerage ETF fund (515010) tracks the CSI All Share Securities Company Index, providing efficient exposure to the brokerage sector and benefiting from the market recovery [2]