券商中报业绩预喜！证券ETF（512880）涨超1%，连续5日净流入额超16亿元，当前规模超327亿元位居同类首位

Group 1 - The core viewpoint is that the securities ETF (512880) is experiencing significant inflows and growth, indicating a bullish market trend with a current scale exceeding 32.7 billion yuan, ranking first among its peers [1][2] - As of July 18, 29 listed securities firms have released their mid-year profit forecasts for 2025, all expecting year-on-year profit growth, driven by a recovery in A-share trading volume and deepening registration system reforms [2] - The overall performance of the securities sector is recovering, with smaller firms showing higher performance elasticity due to low baselines and business transformation benefits, while leading firms maintain steady growth [2] Group 2 - Regulatory encouragement for industry consolidation is evident, with mergers and acquisitions seen as effective means for securities firms to achieve external growth and enhance overall industry competitiveness [2] - The securities ETF (512880) serves as a packaged investment option for leading securities firms, presenting opportunities for investors to capitalize on market trends [2]