巨量资金坚定“抄底”，顶流券商ETF（512000）单日再揽7．6亿元，近20日大举吸金超50亿

Group 1 - The core viewpoint of the articles indicates a significant fluctuation in the A-share market, with the leading brokerage ETF (512000) experiencing a decline of 3.55%, falling below the 20-day moving average and marking four consecutive days of losses [1] - Despite the market downturn, there is a strong influx of capital, with the brokerage ETF (512000) seeing a net inflow of 768 million yuan in a single day, and over 5 billion yuan accumulated in the past 20 days [3] - The latest scale of the brokerage ETF (512000) has exceeded 30 billion yuan, with an average daily trading volume of 948 million yuan, indicating its leading position in terms of scale and liquidity in the A-share market [5] Group 2 - In August, the number of new A-share accounts reached 2.65 million, a substantial increase of 165% compared to the same period last year, reflecting heightened market activity [5] - As of September 1, the A-share margin trading balance reached 2.296 trillion yuan, surpassing the previous historical record of 2.273 trillion yuan set in 2015, marking a new high in A-share history [5] - The current financing balance accounts for 2.32% of the A-share circulating market value, while the financing purchase amount is lower than the historical peak in 2015 [5] Group 3 - The policy direction aims to "activate the capital market," with measures such as deepening the registration system, optimizing trading mechanisms, and introducing long-term funds, which expand the business space for brokerage firms [5] - Market confidence recovery is driving transaction volume and margin trading rebound, suggesting that brokerage firms' performance will further improve [5] - According to Ping An Securities, the brokerage sector has both valuation and performance attributes that benefit from market recovery, indicating significant growth potential in the new round of capital market reforms [5] Group 4 - CITIC Securities states that the combination of policy expectations, improved funding conditions, and internal dynamics enhances the profitability outlook for the brokerage sector, making it highly attractive for allocation [6] - The brokerage ETF (512000) passively tracks the CSI All Share Securities Company Index, encompassing 49 listed brokerage stocks, with nearly 60% of its holdings concentrated in the top ten leading brokerages [6] - The ETF serves as an efficient investment tool that balances exposure to leading brokerages while also considering the high elasticity of performance from smaller brokerages [6]