Trading volume and new fund issuance both see significant growth; adjustments in the securities sector present opportunities on the left side

GateUser-bd883c58 · 2026-03-19T03:35:55+00:00

On March 16th, the market experienced volatile adjustments, with Huaxia Securities ETF declining 1.1% and Huaxia Fintech ETF declining 0.08%. As of March 13th, daily average stock fund trading volume increased 88% year-over-year, and newly established fund scale also rose significantly. Brokerage fundamentals show high prosperity, with clear expectations for ROE improvement. Huaxia ETFs feature low fee rates, facilitating investment positioning.

GateUser-bd883c58

2026-03-19 03:35:55

Abstract generation in progress

On the morning of March 16, the market experienced fluctuations and adjustments. Fintech stocks surged then pulled back, while securities continued to decline. As of 10:50 AM, the Huaxia Securities ETF (515010) fell 1.1%. Only two stocks in the holdings, First Venture and Hongta Securities, showed slight gains. Dongwu Securities dropped 7%, and stocks like Bank of China Securities and Xiangcai Securities also declined significantly. The Huaxia Fintech ETF (516100) traded lower during the session, down 0.08%.

Data shows that as of March 13, the average daily trading volume of stock funds for the year reached 3.28 trillion yuan, an 88% increase year-over-year. This week, new stock and hybrid fund formations totaled 19.8 billion yuan, with a total of 152.3 billion yuan for the year, up 71% YoY. Fixed-income hybrid FOF products continue to sell well, becoming an important asset allocation option for residents in a low-interest-rate environment.

In terms of news, the Asset Management Association of China (AMAC) disclosed data on the top 100 public fund distributors as of the second half of 2025: the total holdings of the top 100 equity funds increased by 17% from the end of June, with stock index funds up 24%. Ant Group and China Merchants Bank continue to lead in equity fund scale, with the top three brokerages being CITIC Securities at 163.2 billion yuan, Huatai Securities at 143.2 billion yuan, and Guotai Haitong at 120.7 billion yuan.

Open Source Securities analysts noted that since the beginning of the year, trading volume and new fund launches have both increased significantly, suggesting continued high activity in the brokerage sector. Currently, brokerage valuations and institutional holdings are at low levels. Wealth management, overseas expansion, and IPOs for tech and innovative companies are long-term drivers for improving ROE for brokerages, especially leading firms.

It is worth noting that the Huaxia Securities ETF (515010) and Huaxia Fintech ETF (516100) both have management fees of 0.15% and custody fees of 0.05%, the lowest among comparable funds, helping investors easily position themselves for sector trends.

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