“行情旗手”吹响号角 银华中证全指证券公司ETF发起式联接今起发行

Core Viewpoint - The A-share market indices have recently reached new highs, with the Shanghai Composite Index hitting a nearly ten-year peak, indicating a bullish trend in the market. This has led to increased interest in brokerage stocks, prompting the launch of the Yinhua CSI All Share Securities Company ETF Link Fund to provide investors with a new tool for exposure to this sector [1]. Group 1: Market Performance - Multiple A-share indices have surpassed previous high points, with the Shanghai Composite Index achieving a nearly ten-year high [1]. - The CSI All Share Securities Company Index has shown significant performance, with a cumulative increase of 58.75% since September 24, 2024, outperforming the CSI 300 and Shanghai Composite Index during the same period [1]. - Historical data indicates that brokerage stocks have consistently acted as a market driver during bullish phases, exemplified by a 238.19% increase in the CSI All Share Securities Company Index from July 22, 2014, to May 12, 2015 [1]. Group 2: Fund Details - The Yinhua CSI All Share Securities Company ETF Link Fund is designed to indirectly track the CSI All Share Securities Company Index through investments in the brokerage ETF, which has reached a scale of 40.83 billion yuan since its inception in March 2021 [1]. - The brokerage ETF is noted for having one of the lowest management fee rates among similar products, ranking fifth out of thirteen in terms of scale [1]. - The fund aims to capitalize on the current bullish sentiment in the brokerage sector, which has shown strong performance in the first half of 2025, with all reported brokerage firms achieving positive revenue and net profit growth [1]. Group 3: Future Outlook - The brokerage sector is expected to continue its upward trajectory, driven by increased trading volumes and favorable market conditions, which may enhance the profitability of brokerage firms [1]. - Regulatory improvements and the ongoing structural reforms in the securities industry are anticipated to create more business opportunities and elevate the return on equity (ROE) for the sector [1]. - Investors are encouraged to consider the Yinhua CSI All Share Securities Company ETF Link Fund as a means to gain exposure to the potential growth in the brokerage sector [1].