大象起舞！银行市值涨超2万亿！银行ETF基金（515020）涨超2%

Group 1 - Multiple bank stocks have reached historical highs again, with several stocks continuously setting new records since the beginning of the second half of 2025 [1] - The banking sector has benefited from high dividend investment trends, with long-term funds entering the market and frequently increasing stakes in listed banks [1] - Analysts suggest that the core driver of bank valuation restructuring is the influx of incremental funds, primarily driven by policies such as increased long-term fund participation and significant purchases by index funds [1] Group 2 - CICC maintains a positive outlook on both relative and absolute returns for banks, noting that H-shares outperform A-shares due to higher dividend attractiveness for insurance funds [2] - Ping An Securities indicates that the stability of core businesses is expected to support the overall fundamentals of banks, with positive signals from interest margin business and funding costs [2] - The average dividend yield for the banking sector is currently at 4.01%, and regulatory measures to guide long-term funds into the market are expected to sustain the attractiveness of dividend investment [2]