2 1 Shi Ji Jing Ji Bao Dao·2025-11-07 05:14Group 1 - The Shanghai Composite Index opened lower but rebounded to surpass 4000 points during the morning session, closing down 0.16% [1] - The Securities ETF (159841) saw a decline of 0.79% with a half-day trading volume of 263 million yuan, making it the top performer among similar products in the Shenzhen market [1] - The Securities ETF has experienced net inflows for 15 out of the last 20 days, accumulating over 1 billion yuan in total [1] Group 2 - The A-share margin financing balance reached approximately 2.4916 trillion yuan as of November 4, representing 2.57% of the circulating market value, maintaining above 2.5% for 19 consecutive trading days [2] - The margin financing amount for listed brokers increased significantly from 1.56 trillion yuan at the end of June to over 2 trillion yuan [2] - Brokers are expected to benefit from improved policies and reforms, with opportunities for growth through both external and internal development strategies [2]