美联储降息利好券商国际业务，券商ETF（159842）上周吸金近4亿元

Core Viewpoint - The market showed a rebound last Friday, with all three major indices closing in the green, indicating a positive sentiment in the financial sector, particularly among brokerage firms [1] Group 1: Market Performance - The brokerage sector saw a significant rise in stock prices, with Guolian Minsheng up nearly 3% and Northeast Securities and Guangfa Securities both rising over 1.6% [1] - The brokerage ETF (159842) increased by 0.62% last Friday, marking a continuous inflow of funds for four consecutive trading days, with total assets reaching a historical high of 7.542 billion shares and attracting nearly 400 million yuan in the past week [1] Group 2: Regulatory Environment - Recent positive statements from the China Securities Regulatory Commission (CSRC) signal a potential shift towards a "policy easing period" after a phase of strict regulation, which could lead to an increase in leverage limits and support a new breakthrough in industry ROE [1] - The transition of investment banks and public funds to take over traditional business roles is expected to bolster the profitability of the securities industry [1] Group 3: Economic Factors - The Federal Reserve's interest rate cuts are anticipated to directly benefit the profitability of brokerage firms' international operations, while the current low valuations in the brokerage sector present strategic investment opportunities [1]