On December 26th, recently, the trend of bank stocks has been significantly stronger than the market, especially the four major state-owned bank stocks of industry, agriculture, and China Construction, whose stock prices have reached historic highs. Institutions believe that the strengthening of bank stocks is mainly related to dividend factors and valuation reshaping. Since the beginning of this year, the banking sector has been steadily rising at a pace that outperforms the market, with a cumulative increase of 34.62% in the industry index, ranking first among all Shenwan industries, and outperforming the Shanghai and Shenzhen 300 Index by about 18 percentage points. This is also the only time in nearly 10 years that the banking industry index has outperformed the Shanghai and Shenzhen 300 Index in an upward trend. (Securities Times)
Scan code to share