近10日“吸金”超4.6亿元，券商ETF（159842）盘中溢价，机构：券商基本面持续向好

Core Viewpoint - The A-share market is experiencing a collective decline, particularly in the securities sector, with the broker ETF showing mixed performance and attracting significant capital inflow [1][2] Group 1: Market Performance - On November 17, the three major A-share indices opened lower, with the securities sector continuing to weaken [1] - The broker ETF (159842) fell by 0.34% with a premium rate of 0.09%, while some constituent stocks like Xiangcai Securities rose nearly 3% [1] - Over the past 10 trading days, the broker ETF has seen net capital inflow on 9 occasions, accumulating over 460 million yuan [1] Group 2: Industry Outlook - Shanxi Securities indicated that the fundamentals of the brokerage sector are improving, with significant year-on-year and quarter-on-quarter performance enhancements expected by Q3 2025 [1] - Wanlian Securities forecasts a long-term positive development for the equity market, driven by policies aimed at enhancing market stability and increasing demand for investment banking services [2] - The brokerage sector's valuation remains at a relatively low level compared to the past decade, suggesting potential for recovery and investment opportunities [2]