As of 10:30, the Hong Kong Securities Index rose by 0.7%, with the Hong Kong Securities ETF (513090) recording a trading volume exceeding RMB 10 billion, ranking among the top in the market for active trading. Wind data shows that as of yesterday, the ETF had seen net inflows for 10 consecutive trading days this month, totaling over RMB 1.5 billion, and its latest AUM surpassed RMB 25.5 billion, setting a new historical high.

CSC Financial notes that many brokerages anticipate interim earnings growth, supported by favorable conditions in brokerage, margin trading, and investment banking businesses. Coupled with deepening capital market reforms, accommodative liquidity, and expectations of rising market indices, investment opportunities in the brokerage sector are expected to stand out in the second half of the year, with attention on the upside potential of Hong Kong's non-bank financial sector.

The Hong Kong Securities Index focuses on stocks in the securities industry within the Stock Connect program, including CITIC Securities, Hong Kong Exchanges and Clearing, and Guotai Junan Haitong. The Hong Kong Securities ETF (513090) is currently the only ETF product tracking this index, offering scarcity value. It also supports T+0 trading and charges a management fee of just 0.15% per year, enabling investors to cost-effectively allocate to leading brokerages.