Group 1 - The Shanghai Composite Index (沪指) broke through 3600 points, reaching a new high for the year, with the securities ETF (512880) rising nearly 2% and experiencing a net inflow of over 1.1 billion yuan for 10 consecutive days, bringing its current scale to nearly 34 billion yuan, ranking first among similar products [1][3][4] - Since September 24 of last year, the A-share market has benefited from supportive policies, leading to ample liquidity and a high willingness and speed of capital entering the market. The recent surge in the Shanghai Composite Index provides significant support for the performance recovery of the securities sector [3][4] - Continuous and stable measures to support an active capital market are expected to maintain high trading activity, benefiting the performance and valuation recovery of the brokerage sector [3][4] Group 2 - The securities ETF (512880) tracks the securities company index (399975), selecting listed companies in the comprehensive financial services sector, including securities brokerage and investment banking, to reflect the overall performance of the securities industry [4] - The securities ETF (512880) has achieved a 57.55% increase over the past year, significantly outperforming the Shanghai Composite Index during the same period [4] - Non-bank financial sectors have seen significant allocation increases, with the non-bank financial sector being a key focus for capital allocation due to its valuation advantages and expected performance recovery [3][4]