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A股异动丨银行股继续活跃 农行、建行、上海银行再创历史新高

A-share fluctuations | Bank stocks remain active, Agricultural Bank, Construction Bank, and Bank of Shanghai reach new historical highs again.

Gelonghui Finance ·  Apr 18 10:11

Gelonghui April 18 | A-share banking stocks remain active, among which Agricultural Bank Of China, China Construction Bank Corporation, and Bank of Shanghai continue to set new historical highs, while Bank Of Communications, Xiamen Bank Co.,Ltd., Industrial And Commercial Bank Of China, Industrial Bank, and CM BANK also follow suit. Zhongtai believes that under the context of equal tariffs, the dividend attributes of banking stocks are highlighted, suggesting active attention to the investment value of banking stocks. The bank points out that policy easing is intensifying, and policies in the domestic demand sector may boost retail crediting demand, while reserve requirement and interest rate cuts lower banks' funding costs. Moreover, the trend of rising government bond yields in the first quarter faces marginal changes, enhancing the cost-performance ratio of high-dividend banking sector stocks. Two investment main lines: first, large banks with high dividends; second, city commercial banks with regional advantages and strong certainty. Additionally, UBS Group is bullish on China Mainland Banking stocks with low valuations and high dividend yields. It is expected that state-owned enterprise banks' income and pre-tax operating profits in the first quarter will continue to improve, following the trend in the fourth quarter of last year. (Gelonghui)

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