证券ETF（512880）近60日资金净流入超18亿元，规模同类第一，市场关注行业政策与估值修复空间

Group 1 - The core viewpoint is that the securities sector is benefiting from improved market conditions and high trading activity, with significant net inflows into the Securities ETF (512880) exceeding 1.8 billion yuan in the past 60 days [1] - The long-term outlook for the securities industry is positive, with the new round of capital market reforms expected to provide substantial growth opportunities for brokerage firms [1] - The China Securities Regulatory Commission is promoting pilot programs for commercial real estate investment trusts (REITs), which may revitalize the commercial real estate sector and broaden equity financing channels, further optimizing the industry's asset structure [1] Group 2 - The Securities ETF (512880) tracks the Securities Company Index (399975), which includes listed companies involved in securities brokerage, underwriting, and proprietary trading, reflecting the overall performance of the securities industry [1] - As of December 3, 2025, the scale of the Securities ETF is 58.231 billion yuan, ranking first among 21 similar products [2]