Yinhua CSI All Share Investment Banking & Brokerage Index ETF(159842) Falls 0.71% Intraday, Performance Growth Differentiates Between Leading and Mid-Small Brokerages

NewTimeSpace News:As of 14:22 on February 2, 2026, the CSI All-Cap Securities Index (399975) dropped 0.66%. Among its constituent stocks, performance was mixed: Jinlong Co., Ltd. led the gains with a 3.97% increase, China Galaxy Securities rose 1.26%, and Guosheng Securities advanced 0.79%; meanwhile, Changjiang Securities led the declines with a 6.12% drop, Huaxin Securities fell 5.59%, and Caitong Securities decreased by 3.76%. TheYinhua CSI All Share Investment Banking & Brokerage Index ETF (159842) fell 0.71% to close at RMB 1.12. (The stocks listed above are merely constituent stocks of the index and do not constitute specific investment recommendations.)

In terms of liquidity, theYinhua CSI All Share Investment Banking & Brokerage Index ETF had an intraday turnover rate of 3.3% and a trading volume of RMB 361 million. Over a longer time frame, as of January 30, the ETF's average daily trading volume in the past month reached RMB 610 million, ranking among the top 3 of comparable funds.

Regarding scale, theYinhua CSI All Share Investment Banking & Brokerage Index ETF's size increased by RMB 65.9051 million in the past week, achieving significant growth, with the new scale ranking 3rd out of 14 comparable funds. (Data source: Wind)

In terms of share count, the latest share of theYinhua CSI All Share Investment Banking & Brokerage Index ETF reached 9.632 billion units, a new high in nearly one year. (Data source: Wind)

For capital inflows, theYinhua CSI All Share Investment Banking & Brokerage Index ETF recorded a latest net capital inflow of RMB 76.12 million. Over the recent 5 trading days, it has accumulated a total of RMB 25.26 million in "capital absorption". (Data source: Wind)

Data shows that leveraged capital has been continuously deploying in the ETF. The net margin purchase amount of theYinhua CSI All Share Investment Banking & Brokerage Index ETF on the previous trading day reached RMB 2.9754 million, and the latest margin trading balance stood at RMB 342 million. (Data source: Wind)

As of January 30, theYinhua CSI All Share Investment Banking & Brokerage Index ETF had a net asset value (NAV) increase of 10.27% in the past year. In terms of profitability, as of January 30, 2026, since its establishment, the ETF has achieved a maximum monthly return of 37.36%, the longest consecutive monthly growth period of 4 months with a cumulative increase of 28.29%, an average monthly return of 7.44% in upward months, an annual profit percentage of 75.00%, and a 62.90% profit probability for a 3-year historical holding period. As of January 30, 2026, the ETF's annualized excess return over the benchmark since its establishment was 1.84%.

Regarding drawdown, as of January 30, 2026, the ETF's maximum drawdown since the beginning of the year was 7.18%, with a relative benchmark drawdown of 0.05%.

In terms of fees, theYinhua CSI All Share Investment Banking & Brokerage Index ETF has a management fee rate of 0.15% and a custodian fee rate of 0.05%, the lowest among comparable funds.

From a valuation perspective, the latest price-to-earnings ratio (PE-TTM) of the CSI All-Cap Securities Index, which the ETF tracks, was only 17.02 times, at the 4.51th percentile of the past year. This means the valuation was lower than 95.49% of the time in the past year, standing at a historical low.

TheYinhua CSI All Share Investment Banking & Brokerage Index ETF closely tracks the CSI All-Cap Securities Index. To reflect the overall performance of securities of companies in different industries within the CSI All-Cap Index sample and provide analytical tools for investors, the CSI All-Cap Index sample is classified into 11 primary industries, 35 secondary industries, over 90 tertiary industries, and more than 200 quaternary industries according to the CSI Industry Classification. Indices are then compiled using all securities included in each primary, secondary, tertiary, and quaternary industry as samples, forming the CSI All-Cap Industry Indices series.

Data shows that as of January 30, 2026, the top 10 weight stocks of the CSI All-Cap Securities Index (399975) were East Money Information Co., Ltd., CITIC Securities Co., Ltd., Guotai Junan Securities Co., Ltd., Huatai Securities Co., Ltd., GF Securities Co., Ltd., China Merchants Securities Co., Ltd., Orient Securities Co., Ltd., Industrial Securities Co., Ltd., Shenwan Hongyuan Group Co., Ltd., and China International Capital Corporation (CICC), with a combined weight of 60.66%. (The stocks listed above are merely constituent stocks of the index and do not constitute specific investment recommendations.)

Kaiyuan Securities stated that as of the end of January, the profit performance of leading brokerages met expectations, while the performance growth rate of mid-small brokerages was slightly lower than expected. Currently, the valuation and institutional holdings of the brokerage sector are still at a low level, with overall stagnant growth over the past year. Disturbances in capital flow do not affect the medium-term logic of the sector, and attention should be paid to performance catalysts.

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