连续6日累计“吸金”超12亿元，证券ETF（159841）今日获净申购超2.5亿份，机构：看好券商业绩增长的持续性

Group 1 - The market experienced fluctuations on September 3, with the Shanghai Composite Index down 1.16%, the Shenzhen Component Index down 0.65%, and the ChiNext Index up 0.95% [1] - Securities stocks collectively adjusted, with the Securities ETF (159841) closing down 3.48% and a trading volume exceeding 700 million yuan, indicating active trading [1] - The Securities ETF (159841) has seen a net inflow of over 1.25 billion units in real-time subscriptions, with a cumulative inflow exceeding 1.2 billion yuan over six consecutive days [2] Group 2 - The Securities ETF (159841) closely tracks the CSI All Share Securities Company Index, which focuses on large-cap securities leaders, including both traditional and fintech leaders [2] - Major securities firms reported better-than-expected performance in the first half of the year, with revenue and net profit both showing significant growth, boosting market confidence [2] - The overall performance of the equity market has been steadily improving since the beginning of the year, with key indicators such as trading volume and margin financing balance showing recovery [2] Group 3 - Current equity asset returns are stabilizing, and there is optimism regarding the continued growth of securities firms' performance and valuation recovery [3] - As of September 1, the A-share securities index PB (LF) was at 1.65x, positioned at the 44th percentile since 2014, while the H-share Chinese securities index PB (LF) was at 0.91x, at the 71st percentile since 2016 [3] - The allocation of active equity funds to securities stocks remains low at 0.64%, indicating potential for future growth in this sector [3]