On October 16th, Grlonghui reported that A-shares opened with volatility in the afternoon and fell back, all three major indices turned green. The banking sector performed steadily, with the components of the bank fund, Bank of Chongqing, and Chongqing Rural Commercial Bank rising by over 7%. Bank of Xi'an, Bank of Changsha, Bank of Chengdu, and others rose by over 4%, leading to a 2.2% increase in the bank fund (512730). Since the pullback on October 9th, the bank fund (512730) has pulled back by less than 1%, with a nearly 40% increase in value year-to-date. In terms of news, the topic of large-scale demolition in Chengdu has sparked discussions across the internet, leading to the outbreak of the "Chengyu concept" in the A-share market. Stocks of relevant banks in the Chengyu region also rose accordingly. Xiangcai Securities pointed out that the recent incremental fiscal and monetary policies are helping to maintain steady growth in bank credit, and attention should be paid to the effects of subsequent policies. Policy optimization will support the financial sector in real estate, while the intensity of local debt will significantly increase. Risks in real estate and urban investment assets will continue to be resolved, consolidating the quality of bank assets.