大金融板块本周逆势上涨，证券保险ETF（512070）、香港证券ETF（513090）等产品受资金关注

Market Performance - The CSI 300 Non-Bank Financial Index increased by 3.5%, while the CSI All Share Securities Company Index and the Hong Kong Securities Index both rose by 1.1%, and the CSI Bank Index increased by 1.0% [1][3] - The Securities Insurance ETF (512070) and the Hong Kong Securities ETF (513090) saw net inflows of 650 million yuan and 160 million yuan, respectively, during the week [1] Policy Impact - The National Financial Regulatory Administration's notification regarding the adjustment of risk factors for insurance companies has lowered the risk factors for long-term holding assets such as the CSI 300, Dividend Low Volatility, and STAR Market, which is expected to cultivate patient capital and support technological innovation [1] - The implementation of this policy is anticipated to continuously drive medium to long-term capital into the market, enhancing the equity allocation capacity of insurance funds [1] Index Metrics - The index price-to-book (P/B) ratios are as follows: CSI All Share Securities Company Index at 1.5x, CSI Bank Index at 0.7x, CSI 300 Non-Bank Financial Index at 1.5x, and the CSI Hong Kong Securities Investment Theme Index at 1.0x [3][4] - The P/B ratio percentiles indicate that the CSI All Share Securities Company Index is at 31.7%, the CSI Bank Index at 33.8%, the CSI 300 Non-Bank Financial Index at 28.2%, and the CSI Hong Kong Securities Investment Theme Index at 58.1% [3] Historical Performance - Year-to-date performance shows the CSI 300 Non-Bank Financial Index has increased by 11.2%, while the CSI Bank Index has risen by 6.8%, and the CSI All Share Securities Company Index has gained 2.4% [6] - Over the past three years, the CSI 300 Non-Bank Financial Index has increased by 45.0%, while the CSI Bank Index has risen by 37.2% [6]