券商ETF（159842）规模创历史新高，近10日累计“吸金”超4.7亿元，机构：券商股估值有望随市场改善而进一步提升

Group 1 - The three major indices opened lower on November 14, with the broker ETF (159842) down 0.59% and a trading volume exceeding 17 million yuan [1] - In terms of fund flow, the broker ETF (159842) has seen net inflows for 9 out of the last 10 trading days, accumulating over 470 million yuan [1] - As of November 13, the broker ETF (159842) reached a record high in circulation size at 8.242 billion yuan [1] Group 2 - The refinancing market is recovering, with 127 A-share listed companies completing refinancing projects this year, raising a total of 752.377 billion yuan, compared to 121.728 billion yuan from 103 companies in the same period last year [1] - East Wu Securities indicates that equity wealth management is promising, with brokers set to benefit from market rebounds and low holdings providing significant upward potential for performance [2] - The static valuation of the CITIC Securities II index is at 1.55x PB as of October 31, 2025, positioned at the 23rd percentile historically and the 48th percentile over the past decade [2]