Express News | The broader financial sector showed strong performance, with E Fund's Hong Kong Securities ETF (513090) recording trading volume exceeding RMB 10 billion.
On June 12, the broader financial sector was active, with financial-themed indices rebounding collectively. As of market close, the CSI All Share Securities Companies Index rose by 3.5%, the Hong Kong Securities Index gained 3.2%, the CSI 300 Non-Bank Financials Index increased by 3.1%, and the CSI Bank Index advanced by 1.1%. E Fund's Hong Kong Securities ETF (513090) saw robust trading activity; according to data from Tonghuashun iFinD, the ETF recorded a turnover of RMB 10.3 billion today, significantly surpassing its average daily trading volume year-to-date. Relevant institutions noted that under the strategic guidance of building a strong financial nation, the capital market’s status has been elevated, and the securities industry is undergoing structural transformation. Leading brokerages are actively pursuing mergers and acquisitions, business model transitions, and international expansion to build 'aircraft carrier-class' securities firms. Mid-tier brokerages are leveraging their strengths in wealth management and asset management—core growth segments—and deepening their capabilities based on comprehensive competitiveness to achieve organic breakthroughs. Smaller brokerages are accelerating regional, specialized, and digital strategies, focusing on excellence in niche areas. The industry’s multi-tiered competitive landscape is expected to continue improving.
Express News | Financial sector indices rose broadly, with securities broker stocks showing strong performance. The iShares Hong Kong Securities ETF (513090) saw a significant increase in trading volume.
As of the market close, the CSI All Share Securities Index rose by 0.9%, the Hong Kong Securities Index gained 0.9%, the CSI 300 Non-Bank Financial Index increased by 0.6%, and the CSI Bank Index advanced by 0.2%. According to data from Tonghuashun iFind, the iShares Hong Kong Securities ETF (513090) recorded an intraday trading volume of approximately RMB 6.5 billion, marking a substantial increase compared to the previous trading day. A research report from CITIC Securities stated that high-quality securities firms are expected to sustain robust earnings growth in 2026, with 15 listed brokers projected to achieve first-quarter 2026 profits exceeding the industry’s peak quarterly earnings level seen in the third quarter of 2025. With policy tailwinds expected to materialize in the second half of the year and liquidity support measures functionally implemented, the sector may be presented with an opportunity for a revaluation of its investment worthiness.