Financial Supervision Policies Advance Steadily,Yinhua CSI All Share Investment Banking & Brokerage Index ETF(159842) Drops 3.89% Intraday

NewTimeSpace News: As of 14:31 on March 23, 2026, the CSI All-Securities Brokerage Index (399975) dropped 3.83%. Among its constituent stocks, Huaxin Co., Ltd. led the decline with a 6.53% drop, Caitong Securities fell 5.87%, Changjiang Securities slid 5.83%, Southwest Securities dropped 5.63%, and Zhongyuan Securities fell 5.57%. TheYinhua CSI All Share Investment Banking & Brokerage Index ETF(159842) declined 3.89% to a latest price of RMB 0.99. (The stocks listed above are only constituent stocks of the index and do not constitute any specific investment recommendation.)

In terms of liquidity, theYinhua CSI All Share Investment Banking & Brokerage Index ETFrecorded an intraday turnover rate of 4.31% with a trading volume of RMB 440 million. Over a longer time frame, as of March 20, the average daily trading volume of the ETF reached RMB 321 million in the past month, ranking among the top 3 of comparable funds.

In terms of scale, theYinhua CSI All Share Investment Banking & Brokerage Index ETFsaw a remarkable growth of RMB 1.326 billion in scale over the past three months, with the newly added scale ranking first among 15 comparable funds. (Data source: Wind)

In terms of shares, the latest share count of theYinhua CSI All Share Investment Banking & Brokerage Index ETFhit 10.185 billion shares, a new high in the past year. (Data source: Wind)

In terms of capital inflows, the latest net capital inflow of theYinhua CSI All Share Investment Banking & Brokerage Index ETFreached RMB 55.9433 million. Looking back, the ETF posted net capital inflows on 3 out of the past 5 trading days, raking in a total of RMB 106 million with an average daily net inflow of RMB 21.2574 million. (Data source: Wind)

Data showed that leveraged funds have been continuously building positions in the ETF. The latest margin purchase volume of theYinhua CSI All Share Investment Banking & Brokerage Index ETFstood at RMB 28.8675 million, with the latest margin balance reaching RMB 361 million. (Data source: Wind)

As of March 20, the net asset value (NAV) of theYinhua CSI All Share Investment Banking & Brokerage Index ETFhad risen 5.35% in the past five years. In terms of earnings capacity, as of March 20, 2026, since its inception, the ETF has achieved a maximum monthly return of 37.36%, a longest consecutive monthly gain streak of 4 months with a cumulative increase of 28.29% during the streak, an average monthly return of 7.44% in positive months, an annual profit ratio of 75.00%, and a historical 65.06% probability of making a profit with a 3-year holding period. As of March 20, 2026, the ETF has delivered an annualized excess return of 1.80% over the benchmark since its establishment.

In terms of drawdown, as of March 20, 2026, theYinhua CSI All Share Investment Banking & Brokerage Index ETFhad a relative drawdown of 0.05% against the benchmark since the start of the year.

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

From a valuation perspective, the latest price-to-earnings ratio (PE-TTM) of the CSI All-Securities Brokerage Index tracked by the ETF was only 15.56 times, at the 0.4% quantile of the past year. That is, the valuation was lower than that in more than 99.6% of the time over the past year, standing at a historical low.

TheYinhua CSI All Share Investment Banking & Brokerage Index ETFclosely tracks the CSI All-Securities Brokerage Index. To reflect the overall performance of securities of companies in different industries within the CSI All-Share Index sample and provide an analytical tool for investors, the CSI All-Share Index sample is classified into 11 first-level industries, 35 second-level industries, more than 90 third-level industries and over 200 fourth-level industries in accordance with the CSI Industry Classification. Indices are then compiled with all securities in each of these industries as samples, forming the CSI All-Share Industry Index series.

Data showed that as of February 27, 2026, the top 10 weight stocks of the CSI All-Securities Brokerage Index (399975) were East Money Information, CITIC Securities, Guotai Haitong Securities, Huatai Securities, China Merchants Securities, GF Securities, Orient Securities, Industrial Securities, Shenwan Hongyuan Securities and China International Capital Corporation (CICC) in sequence, with the combined weight of the top 10 stocks accounting for 60.15%. (The stocks listed above are only constituent stocks of the index and do not constitute any specific investment recommendation.)

Industrial Research stated that on March 20, 2026, the Ministry of Justice, the People's Bank of China and other competent departments launched a public consultation on the Draft of the Financial Law of the People's Republic of China. Among the provisions, the Draft requires that financial supervision be conducted in accordance with the principle of substance over form, and all financial activities be brought under regulatory oversight.

NewTimeSpace Disclaimer: All content herein is the original work of NewTimeSpace. Any reproduction, reprinting, or use of this content in any other manner must clearly indicate the source as "NewTimeSpace". NewTimeSpace and its authorized third-party information providers strive to ensure the accuracy and reliability of the data, but do not guarantee the absolute correctness thereof. This content is for reference only and does not constitute any investment advice. All transaction risks shall be borne by the user.