券商ETF（159842）盘中溢价，国联民生飘红，机构：2026年行业经营景气度有望得到进一步延续

Group 1 - The A-share market experienced a decline on December 2, with the major indices opening lower and continuing to fall [1] - The broker ETF (159842) showed a decrease of 0.62% with a trading volume exceeding 23 million yuan, and a premium rate of 0.14% was observed [1] - In terms of capital flow, the broker ETF (159842) saw net inflows in 14 out of the last 20 trading days, accumulating over 500 million yuan [1] Group 2 - Guotai Junan Securities indicated that the Chinese capital market is in a period of significant development, with considerable upward potential for stock indices [2] - The market is expected to enter a resonance period of policy, liquidity, and fundamentals from December to February, leading to a gradual increase in offensive strategies [2] - Zhongyuan Securities projected that the securities industry will maintain a high level of operational prosperity, with limited room for further declines in average valuations [2]