Group 1 - The A-share market showed strong performance today, with the Shanghai Composite Index reaching a new high for the year. The banking sector experienced significant gains, and the brokerage sector saw a sharp rise in the afternoon, with the largest securities ETF in the Shenzhen market (159841) increasing by over 1.6% and the Tianhong Bank ETF (515290) rising by over 2% [1] - The recent surge in interest for virtual asset licenses is notable, with Guotai Junan International becoming the first Chinese brokerage to obtain a virtual asset trading license in Hong Kong, followed by Tianfeng International, indicating a proactive approach by Chinese brokerages in emerging business areas [1] - Institutions suggest that Hong Kong's strategic commitment to developing virtual assets is clear, leveraging mature financial infrastructure and an international regulatory framework, leading to rapid growth in the virtual asset industry. Traditional financial institutions are enhancing their licensing and business layouts in response to this trend [1] Group 2 - In the banking sector, brokerages believe that in a low-interest-rate and asset-scarce environment, dividend-paying assets with stable ROE capabilities may remain resilient and attractive, potentially becoming important long-term investment options amid short-term market volatility. The recent reduction in reserve requirements and interest rates has opened up space for lower risk-free rates, highlighting the dividend value of state-owned banks [2] - The Tianhong Bank ETF (515290) reached a historical high in the secondary market today, marking three consecutive months of net inflows [2] - Investors can also access financial sector opportunities through securities ETF linked funds (Class A 008590; Class C 008591) and Tianhong Bank ETF linked funds (Class A 001594; Class C 001595) [2]

此外，2024年以来，证券行业并购案例频发，如"国联+民生""浙商+国都""平安+方正"等，反映监管推 动行业集中度提升的政策导向。近期，证券行业并购整合步伐加快，国信证券收购万和证券、国盛金控 吸收合并国盛证券均体现行业向"强强联合"或"区域协同"方向发展的趋势。 A股三大指数今日震荡走强，券商板块午后持续拉升，深市同类规模最大的证券ETF（159841）盘中涨 超4.4%。 作为"牛市旗手"，证券ETF（159841）本周量价齐升，今日盘中价格创出三个月新高。场外投资者还可 以通过证券ETF联接基金（A类008590；C类008591）布局券商板块上行机遇。 消息面上，6月24日，国泰海通集团下属公司国泰君安国际控股有限公司正式获香港证监会批准，将现 有证券交易牌照升级为可提供虚拟资产交易服务，以及在提供虚拟资产交易服务的基础上提供意见。此 次牌照升级后，客户将可在国泰君安国际平台直接交易加密货币（如比特币、以太币等）、稳定币（如 泰达币等）等虚拟资产。 （文章来源：每日经济新闻） 有券商表示，中国香港发展虚拟资产的战略决心明确，依托成熟的金融基建与国际化的监管框架，虚拟 资产产业发展迅猛。在此趋势下，传 ...