Sou Hu Cai Jing·2025-12-15 03:56Core Viewpoint - The A-share market showed a collective strength on December 15, with significant performance from the financial sector, particularly insurance and brokerage stocks, indicating a potential investment opportunity in this area [1]. Financial Sector Performance - The brokerage ETF fund (515010) rose by 1.09%, with notable increases in its constituent stocks such as Huatai Securities (up 3.70%), Dongfang Securities, GF Securities, and Bank of China Securities [1]. - The financial technology ETF (Hua Xia, 516100) increased by 0.15%, with Star Ring Technology surging over 19% [1]. Valuation Insights - The latest price-to-earnings ratio (PE-TTM) for the index tracked by the brokerage ETF is 17.13, which is in the 5.26% percentile over the past year, indicating that the valuation is lower than 94.74% of the time in the last year, suggesting historical low valuations [1]. ETF Composition and Management Fees - The top ten weighted stocks in the brokerage ETF, as of November 28, 2025, include Dongfang Wealth, CITIC Securities, Guotai Junan, Huatai Securities, GF Securities, and others, collectively accounting for 60.23% of the index [1]. - The management and custody fee rate for the brokerage ETF (515010) is 0.2%, making it one of the lowest fee investment options in the market, which may attract investors looking for cost-effective exposure to the brokerage sector [1].