券商ETF（159842）单日“吸金”超2.1亿元，机构：证券行业有望迎来新一轮上行周期

Group 1 - The overall performance of the brokerage ETF (159842) has weakened, with a decline of 1.39% and trading volume exceeding 900 million yuan [1] - Among the constituent stocks, only Guosheng Securities and Shouchuang Securities showed positive performance, while Northeast Securities, Huachuang Yuxin, Industrial Securities, and Jinlong Co. experienced significant declines [1] Group 2 - The brokerage ETF (159842) saw a net inflow of over 210 million yuan yesterday, indicating positive investor sentiment [2] - For the first three quarters of 2025, 42 listed brokerages reported a total revenue of 419.56 billion yuan and a net profit attributable to shareholders of 169.05 billion yuan, representing year-on-year growth of 42.55% and 62.38% respectively [2] - All 42 listed brokerages experienced growth in net profit compared to the same period last year, with notable increases from the merged brokerages Guolian Minsheng, Guotai Haitong, and Guoxin Securities [2] - Dongguan Securities noted an increase in merger and acquisition activities within the brokerage industry, driven by policy guidance, competitive pressures, and transformation needs, suggesting more M&A events in the future [2] - CITIC Securities' non-bank 2026 investment outlook indicates that the brokerage industry is expected to enter a new upward cycle, contributing to the construction of a strong financial nation [2]