中金合并预案提振叠加低估值,券商ETF基金(515010)迎布局良机

Core Viewpoint - The stock market showed strength on December 22, with the three major indices rising collectively, particularly led by sectors such as Hainan Free Trade Port and optical communication, while concepts like SPD and millet economy faced declines [1] Group 1: Market Performance - As of 14:09, the broker ETF fund (515010) increased by 0.07%, and the CSI All Share Securities Companies Index (399975) rose by 0.09% [1] - The trading volume remained active with a daily turnover of approximately 1.7 trillion yuan, and the financing balance stabilized at 2.48 trillion yuan, indicating a positive outlook for the recovery of brokerage values [1] Group 2: Company Announcements - On December 17, China International Capital Corporation (CICC) announced a plan to absorb and merge with Xinda Securities and Dongxing Securities, which boosted trading sentiment in the sector [1] Group 3: ETF Fund Details - The broker ETF fund has a management fee rate of 0.15% and a custody fee rate of 0.05%, making it one of the lowest in terms of fees [1] - The latest price-to-earnings ratio (PE-TTM) for the CSI All Share Securities Companies Index is 17.32, which is in the 8.03% percentile over the past year, indicating that the valuation is lower than 91.97% of the time in the last year, suggesting historical low valuations [1] Group 4: Top Holdings - As of November 28, 2025, the top ten weighted stocks in the index include Dongfang Caifu, CITIC Securities, Guotai Junan, Huatai Securities, GF Securities, China Merchants Securities, Dongfang Securities, Industrial Securities, Shenwan Hongyuan, and CICC, collectively accounting for 60.23% of the index [2]