券商ETF（159842）逆市上涨，近五日累计“吸金”超6亿元居深市同标的第一，机构继续看好券商板块战略性配置机会

Group 1 - The A-share market opened lower on October 17, with the CSI All Share Securities Company Index rising by 0.25% as of the report, driven by gains in stocks like Guosheng Financial Holdings, which increased by over 3% [1] - The Broker ETF (159842) also rose by 0.25% against the market trend, with a trading volume exceeding 12 million yuan and a premium rate of 0.08%, indicating frequent premium trading [1] - In terms of capital flow, the Broker ETF (159842) has seen a continuous net inflow of funds over the past five trading days, accumulating over 600 million yuan, ranking first among similar products in the Shenzhen market [1] Group 2 - As of October 16, 73 companies have listed on the Hong Kong Stock Exchange this year, raising a total of 188.698 billion HKD in IPO funding, representing a year-on-year increase of 227.75%, making it the top global market for new stock financing [2] - Chinese securities firms have become increasingly critical in the IPO process, taking on leading roles as sponsors, global coordinators, and book managers in significant transactions [2] - Major Chinese institutions like CICC Hong Kong, CITIC Securities (Hong Kong), Huatai Hong Kong, and CITIC Jianfu International are prominent in the IPO underwriting rankings this year [2] - The brokerage sector is expected to see a clear trend of fundamental recovery, with high growth in performance and a divergence in valuation, highlighting opportunities for sector allocation [2] - Looking ahead, investment banking, derivatives, and public fund businesses are expected to improve, with leading brokers' overseas business growth and internal growth driving ROE expansion, while sector valuations remain low and institutional underallocation is evident [2]