--- title: "The margin balance has increased for five consecutive trading days, the Securities ETF ChinaAMC (515010) has pulled back, and institutions believe that the upward space for the securities sector is expected to further open up" type: "News" locale: "en" url: "https://longbridge.com/en/news/282640708.md" description: "On April 14th, after the Shanghai Composite Index broke through 4,000 points, it fluctuated, and the Securities ETF ChinaAMC (515010) fell by 0.49%. As of April 13th, the margin balance was CNY 2,630.736 billion, increasing for five consecutive days, with a total increase of CNY 49.934 billion. The research report from CSC pointed out that the activity level of the A-share market will increase in 2025, the operating environment of the securities industry will improve, and performance will grow significantly. Policies are driving the industry into a stage of high-quality development, and the current sector valuation is at a historical low, with further upward potential expected" datetime: "2026-04-14T06:29:12.000Z" locales: - [zh-CN](https://longbridge.com/zh-CN/news/282640708.md) - [en](https://longbridge.com/en/news/282640708.md) - [zh-HK](https://longbridge.com/zh-HK/news/282640708.md) --- # The margin balance has increased for five consecutive trading days, the Securities ETF ChinaAMC (515010) has pulled back, and institutions believe that the upward space for the securities sector is expected to further open up On the afternoon of April 14, after the Shanghai Composite Index broke through 4000 points, it fell into fluctuations, with the securities and financial technology sectors declining during the session. As of the time of writing, **Securities ETF ChinaAMC (515010)** has retraced by 0.49%, with more stocks falling than rising in the holdings, only 6 stocks including Dongwu Securities, Guojin Securities, and GF Securities slightly in the green. Stocks such as Zhongyin Securities, Guotai Haitong, and First Capital have all retraced and declined, while the **Financial Technology ETF ChinaAMC (516100)** has narrowed its increase to 0.08%. According to Securities Times, as of April 13, the margin balance of the Shanghai and Shenzhen North markets was 26,307.36 billion yuan, an increase of 16.332 billion yuan compared to the previous trading day. It is worth noting that this is the fifth consecutive trading day of increasing margin balance, with a total increase of 49.934 billion yuan during this period. **CITIC Construction Investment Research Report states** that the trading activity in the A-share market will significantly increase in 2025, the operating environment of the securities industry will continue to improve, and performance will achieve high growth. The 25 listed securities firms that have disclosed their performance saw revenue and net profit attributable to shareholders increase by 31.03% and 45.54% year-on-year, respectively, with profit elasticity significantly higher than revenue. Brokerage and proprietary trading businesses are the core growth drivers of performance, with all main businesses showing growth, maintaining a stable head pattern in the industry, and small and medium-sized securities firms demonstrating stronger performance elasticity. Policy support is driving the industry into a new stage of high-quality development, and the current sector valuation is at a historical low, with further upside potential expected. 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 the lowest in comparable funds. ### Related Stocks - [601066.CN](https://longbridge.com/en/quote/601066.CN.md) - [512880.CN](https://longbridge.com/en/quote/512880.CN.md) - [159842.CN](https://longbridge.com/en/quote/159842.CN.md) - [515010.CN](https://longbridge.com/en/quote/515010.CN.md) - [512000.CN](https://longbridge.com/en/quote/512000.CN.md) ## Related News & Research - [AIB joins Qivalis consortium to develop regulated euro stablecoin](https://longbridge.com/en/news/287054515.md) - [10X Fund Managers lists 1 million GLODIV ETF securities on JSE at R 20.26](https://longbridge.com/en/news/287065900.md) - [Keep Your Portfolio Safe With This Low-Volatility ETF](https://longbridge.com/en/news/286604877.md) - [Non-discretionary PMS clients can pledge securities held in demat: Sebi](https://longbridge.com/en/news/286886059.md) - [10X Fund Managers lists 1 million 10X Wealth GOVI ETF units at R 11.63 on JSE](https://longbridge.com/en/news/287065598.md)