News: 2024.04.18
Recently, a rare phenomenon has occurred in the A-share market. China CITIC Bank's stock price has reached its daily limit, while Bank of China and Agricultural Bank of China have also hit new highs! In addition, the price of bank ETF (code 512800) has also stood firm at the high point in the past two years, indicating that funds on the right side have begun to start.
Currently, the spread between the dividend yields of A-share listed banks and the yield on 10-year government bonds is still at a historically high level. In the current situation where the pressure of "asset shortage" has not been significantly alleviated, the banking sector is an investment choice with steady profit growth and high dividend yield.
China CITIC Bank's stock price has reached its daily limit, and Bank of China and Agricultural Bank of China have also hit new highs, showing how optimistic the market is about the banking sector. Investors have focused their attention on these outstanding bank stocks.
The price of the bank ETF (code 512800) has stood firm at its high point in the past two years, showing the market's confidence in the banking sector. Investors can participate in investments in the banking sector through ETFs to diversify risks and obtain stable returns.
In the context of the current "asset shortage", the banking sector has become a safe haven for investors. Banking stocks have seen steady earnings growth and high dividend yields, attracting a large amount of capital to this sector.
Overall, the banking sector has performed well in the current market environment and attracted investors' attention. Investors should rationally allocate bank stocks based on their own risk preferences and investment goals to achieve steady growth in their investment portfolios.