Core Viewpoint - The non-bank financial sector experienced a pullback today, with mixed performance across various indices, while the brokerage and insurance sectors reported better-than-expected third-quarter earnings driven by market recovery and improved investment returns [1]. Group 1: Market Performance - The China Securities Bank Index rose by 0.04% at the close, while the Hong Kong Securities Index fell by 0.8% [1]. - The CSI 300 Non-Bank Financial Index declined by 1.4%, and the CSI All Share Securities Company Index dropped by 2% [1]. Group 2: Fund Flows - The Securities and Insurance ETF (512070) attracted over 1 billion yuan in the past week [1]. Group 3: Earnings Reports - Open Source Securities noted that the earnings of brokerages and insurance companies in Q3 exceeded expectations, benefiting from a recovering capital market, increased investment income, and optimized business structures [1]. - The expansion of ROE for leading brokerages and the anticipated improvement in insurance companies' interest spreads are supporting valuation recovery [1].
证券保险ETF（512070）近一周合计“吸金”超10亿元，机构称资本市场回暖支撑非银板块估值修复
Sou Hu Cai Jing·2025-10-30 12:43