券商股持续活跃，证券公司ETF(516730)上涨2.39%，券商积极开展增持回购，机构继续看好板块机会

Core Viewpoint - The securities sector is experiencing a strong upward trend, with significant increases in stock prices and ongoing share buyback programs indicating confidence in the long-term prospects of the capital market [1][2]. Group 1: Market Performance - As of June 11, 2025, the CSI Securities Company 30 Index rose by 2.36%, with notable increases in individual stocks such as Industrial Securities (up 9.97%) and Xinda Securities (up 9.24%) [1]. - The Securities Company ETF (516730) increased by 2.39%, with a latest price of 0.99 yuan, and has seen a cumulative increase of 1.58% over the past week [1]. - The ETF had a turnover rate of 5.86% during the trading session, with a total transaction value of 4.34 million yuan, and an average daily transaction value of 9.25 million yuan over the past year [1]. Group 2: Buyback Programs - Securities firms are actively disclosing their share buyback plans, with Guojin Securities reporting a total buyback amount exceeding 55 million yuan [1]. - Other firms such as Guotai Junan and Dongfang Securities have also announced their buyback progress, reflecting a strategic decision based on confidence in the capital market's long-term outlook [1]. Group 3: Earnings Outlook - According to Kaiyuan Securities, the mid-year earnings report for securities firms is expected to show continued growth due to low baselines and improving trading volumes [2]. - The current valuation of the Securities Company ETF, tracking the CSI Securities Company 30 Index, is at a low PE-TTM of 17.52, indicating it is below 91.13% of the time over the past year [2]. - The CSI Securities Company 30 Index includes top-performing securities firms based on business ranking, market capitalization, revenue, and profitability, with the top ten stocks accounting for 67.69% of the index [2].