证券ETF（512880）近60日获资金流入超11亿元，行业杠杆空间与配置机遇引关注

Group 1 - The demand for asset management and wealth management services in China is significant, with current household assets in stocks and funds accounting for approximately 15%, similar to the level in the United States 30 years ago, indicating potential for continuous incremental funding from households in the future [1] - The brokerage industry is expected to enhance its role in serving the real economy, shifting from a scale-oriented approach to a function-prioritized model, where leading firms may moderately increase leverage while smaller brokerages need to develop differentiated strategies, focusing on boutique investment banking or specialized services [1] - In the insurance sector, a reduction in risk factors is likely to benefit long-term holdings in the CSI 300, CSI Dividend Low Volatility, and Sci-Tech Innovation Board stocks, with improved long-term investment capabilities of insurance companies expected to better leverage patient capital [1] Group 2 - The Securities ETF (512880) tracks the Securities Company Index (399975), which selects listed companies involved in securities brokerage, underwriting, and sponsorship from the A-share market to reflect the overall performance of the securities industry [1] - The constituent stocks of the index cover representative enterprises within the industry, adequately reflecting the operational characteristics and development trends of the securities market [1]