融资余额连续12个交易日超1.8万亿元！券商ETF（159842）现涨1.15%，过去10个交易日获得5.15亿元资金净流入

Group 1 - The A-share market opened lower but rose throughout the day, with the brokerage sector continuing to perform strongly. Notable gains included Guosheng Jin控 rising over 10% and Xiangcai Securities increasing over 6% [1] - The margin trading balance has seen a recovery, with the financing balance remaining above 1.8 trillion yuan for 12 consecutive trading days from June 9 to June 24. This recovery in margin trading is expected to boost the brokerage sector as it reflects an increase in market risk appetite [1] - The brokerage ETF (159842) tracks the leading companies in the brokerage industry, and its performance is closely tied to the capital market's conditions. Positive market trends are likely to quickly uplift the brokerage sector, making it a typical high-elasticity asset [1] Group 2 - Dongwu Securities highlighted the investment value of the brokerage sector under the current policy environment and industry development trends. Regulatory adjustments emphasize risk management, compliance, and the ability to serve the real economy and national strategies [2] - The changes in the regulatory framework aim to guide the brokerage industry towards high-quality development and encourage smaller brokerages to pursue differentiated and specialized growth paths [2]