广发证券：年底至明年1月份高股息配置窗口期 预计银行板块将跑平市场

Group 1 - The core viewpoint is that high dividend yields are a significant driver for stock price increases in the banking sector, with H-share banks outperforming A-share banks due to higher dividend rates [1] - The period from the end of the year to January is identified as a high dividend allocation window, with expectations that the banking sector will perform in line with the market [2] - Overall, the adjustment in policy direction is expected to weaken the logic for high dividend investments, with a forecasted slowdown in insurance liability growth and a decrease in low-risk preference allocations compared to the previous year [2]