Sou Hu Cai Jing·2026-02-05 06:03Core Insights - The Securities ETF (159841) has reached a record high of 10.772 billion yuan as of February 4, 2026, indicating strong investor interest and confidence in the sector [2] - The ETF has seen significant inflows, with a total of 343 million yuan over the past five trading days, reflecting a positive trend in market participation [3] - The overall performance of the securities sector is bolstered by a substantial increase in new margin trading accounts, which rose by 157% year-on-year in January 2026 [4] Fund Performance - The Securities ETF (159841) recorded a trading volume of 209 million yuan on February 5, 2026, with the underlying index, the CSI All Share Securities Companies Index (399975), increasing by 0.64% [1] - Notable individual stock performances include Huayin Securities up by 10.02%, Huaxin Shares up by 5.05%, and Guosheng Securities up by 3.26% [1] Market Trends - In January 2026, the number of new margin trading accounts reached 190,500, a month-on-month increase of 29.5% and a year-on-year increase of 157% [4] - The Shanghai Composite Index and Shenzhen Component Index saw increases of 3.76% and 5.03% respectively during the same month, with average daily stock trading volume rising to 3.47 trillion yuan, a year-on-year increase of 155.35% [4] Institutional Outlook - Ping An Securities has indicated that listed securities firms are expected to report strong earnings growth in 2025, with a notable recovery in performance compared to previous years [4] - The ongoing "slow bull" market environment, coupled with supportive policies for mergers and acquisitions, is likely to sustain the performance recovery trend in the securities industry [4]