--- title: "The leaders of the top ten brokerages have spoken, and the securities ETF ChinaAMC (515010) is expected to challenge for a second consecutive day of gains. Institutions: Pay attention to the allocation window period for the brokerage sector" type: "News" locale: "en" url: "https://longbridge.com/en/news/278657456.md" description: "On March 11, the three major A-share indices collectively closed higher at noon, with the Securities ETF ChinaAMC (515010) rising by 0.08%, likely aiming for a second consecutive gain. Leaders from ten top securities firms expressed that the policy signals a steady progress, which is beneficial for the high-quality development of securities companies. Guotai Haitong Securities pointed out that a new phase of investment and financing rebalancing is underway, with reform dividends continuously being released, which is favorable for brokerage and investment banking businesses. Shenwan Hongyuan reiterated the importance of the allocation window for the brokerage sector, expecting to be driven by policies, funds, and the market by 2026" datetime: "2026-03-11T04:29:05.000Z" locales: - [zh-CN](https://longbridge.com/zh-CN/news/278657456.md) - [en](https://longbridge.com/en/news/278657456.md) - [zh-HK](https://longbridge.com/zh-HK/news/278657456.md) --- # The leaders of the top ten brokerages have spoken, and the securities ETF ChinaAMC (515010) is expected to challenge for a second consecutive day of gains. Institutions: Pay attention to the allocation window period for the brokerage sector On March 11, the three major A-share indices collectively closed higher at noon, with the securities sector experiencing slight gains after low-level fluctuations. By the noon close, **Securities ETF ChinaAMC (515010)** rose by 0.08%, likely aiming for a second consecutive day of gains. The performance of held stocks showed divergence, with First Capital rising over 2%, while individual stocks such as Bank of China Securities, Guotai Junan Securities, and Eastmoney Information led the gains. In contrast, Hualin Securities, Jinlong Co., and Dongfang Securities were among the top decliners. The **Financial Technology ETF ChinaAMC (516100)** had a trading volume close to 10 million yuan. In terms of news, according to Securities Times, recently, the leaders of 10 major brokerages, including CITIC Securities, Guotai Haitong, and Huatai Securities, collectively voiced their opinions. The leaders unanimously believe that the policies signal a focus on stability while seeking progress and improving quality and efficiency, providing clear guidance for the reform and development of the capital market, as well as specific direction for the high-quality development of securities companies. **Guotai Haitong Securities pointed out** that a new phase of investment and financing rebalancing is underway, with reform dividends continuously being released, benefiting various businesses of brokerages, including investment banking. Marginally, the pace of equity financing in A-shares has improved, the Hong Kong stock market remains active with significant year-on-year boosts, and leading brokerages with advantages in corporate client resources, professional service capabilities, and cross-border service capabilities are expected to maintain their leading positions in the evolution of the investment banking business ecosystem. **Shenwan Hongyuan stated** that it reiterates the importance of the window period for allocating to the brokerage sector. As core intermediaries in the capital market, brokerages are expected to experience a Davis double hit in 2026 driven by policies, funds, and market trading. In the first half of the year, attention should be paid to the 1Q2026 performance disclosures and the stimulating effects of policy reforms on the sector. It is worth noting that the management fee rate for Securities ETF ChinaAMC (515010) and Financial Technology ETF ChinaAMC (516100) is 0.15%, and the custody fee rate is 0.05%, which are among the lowest in comparable funds. ### Related Stocks - [159842.CN](https://longbridge.com/en/quote/159842.CN.md) - [513750.CN](https://longbridge.com/en/quote/513750.CN.md) - [512880.CN](https://longbridge.com/en/quote/512880.CN.md) - [512000.CN](https://longbridge.com/en/quote/512000.CN.md) - [515010.CN](https://longbridge.com/en/quote/515010.CN.md) ## Related News & Research - [1 Rapidly Deteriorating ETF Screams That ‘Shop ‘Til You Drop’ Americans Have All But Keeled Over](https://longbridge.com/en/news/286429552.md) - [Keep Your Portfolio Safe With This Low-Volatility ETF](https://longbridge.com/en/news/286604877.md) - [Guardian Ultra-Short U.S. T-Bill Fund ETF declares $0.1448 dividend](https://longbridge.com/en/news/286471588.md) - [VanEck, Grayscale file fresh BNB ETF amendments as race for next altcoin spot ETF accelerates](https://longbridge.com/en/news/286652991.md) - [BNB ETF Could Be Next Big Crypto Breakthrough, Says Bloomberg Analyst](https://longbridge.com/en/news/286639724.md)