节前稳一波，为什么是银行？

Group 1 - The A-share market is currently experiencing high trading volumes around 1 trillion, indicating a cautious sentiment among investors, with historical data showing a greater than 60% probability of a decline in the first week after the Dragon Boat Festival [1] - The banking sector is being viewed as a stable investment option due to its defensive characteristics, with the bank AH index outperforming the CSI Dividend Index this year [2][4] - The state-owned funds are actively supporting the banking sector, which constitutes over 10% of the total A-share market capitalization, contributing to the stability of bank stocks even during market downturns [3] Group 2 - The decline in deposit rates has made traditional savings less attractive, while over 70% of A-share listed banks offer dividend yields exceeding 4%, some even surpassing 8%, creating a significant advantage over the 10-year government bond yield of approximately 1.65% [4] - The bank AH index has shown a nearly 40% increase since the rebound in September last year, significantly outperforming major indices like the Shanghai Composite and CSI 300 [4][5] - The only ETF tracking the bank AH index is the Bank ETF Preferred, which has generated nearly 10% excess returns since last year through its dynamic allocation strategy [5]