每调买机？港A慢长牛的最佳代表，居然是这一板块

Core Viewpoint - The banking sector is experiencing a temporary pullback after eight consecutive increases, yet it remains a focal point for capital, particularly the Bank ETF Preferred (SH517900), which has seen a cumulative increase of nearly 13% since April 8 [1][3]. Group 1: Market Performance - The Bank ETF Preferred (517900) has shown a steady upward trend, with a significant increase of approximately 45.82% in 2024 and multiple historical highs reached this year [3]. - The ETF recorded a net inflow of 7.47 million yesterday, with trading volume nearing 10 million during today's short-term adjustment [1]. Group 2: Investment Dynamics - Public funds are currently underweight in the banking sector, indicating substantial room for allocation following the implementation of new regulations [1]. - The recent interest rate cuts and reserve requirement ratio reductions have invigorated the banking sector by lowering corporate financing costs and stimulating credit demand [1]. Group 3: Institutional Involvement - Insurance capital has significantly entered the banking sector, with 13 instances of stake acquisitions this year, six of which targeted bank stocks, highlighting the sector's value [1]. - The Bank ETF Preferred (517900) tracks the AH index and employs a rotation strategy to dynamically allocate to lower-valued assets, enhancing the potential for excess returns [5]. Group 4: Long-term Investment Strategy - The steady performance of the Bank ETF Preferred makes it suitable as a core holding asset, capable of providing clear direction in a complex market environment [3]. - Over the past three years, the Bank ETF Preferred has outperformed its benchmark and the CSI 300 index, achieving an excess return of 11.79% [3].