陆家嘴论坛即将举办并发布若干重大金融政策，证券ETF（159841）跌超1%，机构：看好券商板块估值修复

Group 1 - The three major indices fell over 1% in the afternoon, with the securities sector experiencing volatility [1] - The Securities ETF (159841) declined by 1.22%, with a trading volume exceeding 130 million yuan and a current premium/discount rate of 0.07% [1] - Only two stocks, Xiangcai Securities and Industrial Securities, saw slight increases among the component stocks of the Securities ETF [1] Group 2 - Dongxing Securities noted a decrease in the frequency of policy introductions related to the securities industry, leading to uncertainty in valuation recovery [2] - The upcoming Lujiazui Forum on June 18-19, 2025, may introduce significant policies under the theme of "Financial Openness and Cooperation in Global Economic Changes" [2] - Mergers and acquisitions are expected to become a key growth area for brokerage investment banking amid slowing growth in IPOs and private placements [2] - The emphasis on technological innovation is likely to benefit the securities industry, with potential for enhanced growth in technology enterprises [2] - Guojin Securities highlighted a mismatch between the high profitability of listed brokerages and their valuations, suggesting significant upside potential for the brokerage sector [2]