China Securities Co.,Ltd. pointed out that after the incremental policies of stabilizing the economy and easing mmf were released, market pessimism eased, economic recovery expectations improved, and bank valuations were somewhat restored under policy support. However, actual macroeconomic indicators are still in the process of gradual recovery, and the banking sector is facing a background of 'strong policy expectations, weak current realities'. It is expected that the current round of monetary and fiscal policy efforts will further drive economic recovery, thereby promoting substantial improvement in the banking fundamentals.