如果银行见顶了，那为什么大资金还在持续买入？

Group 1 - The banking sector has reached new highs this year, leading to skepticism among investors, but subsequent pullbacks have been seen as buying opportunities, particularly with major banks like ICBC and ABC recently distributing dividends [1] - As of July 15, all 42 bank stocks in A-shares have positive returns for the year, with 35 of them rising over 10%, and some like SPDB and CCB exceeding 30% [1] - The CSI Bank Total Return Index has increased by 20.05% year-to-date, while the Shenwan Bank Index has risen by 16.05%, both underperforming the 26.13% increase of the Bank AH Index, which captures cheaper bank stocks from both A-shares and H-shares [1] Group 2 - The Bank AH Preferred ETF (517900) has achieved a year-to-date increase of 25%, with strong technical support from moving averages indicating potential for further upward movement after recent consolidations [3][4] - The ETF has seen consistent net inflows, accumulating 215 million in the last 10 trading days and 475 million over the past 20 trading days, reflecting positive market sentiment towards bank stocks [6] - On July 15, the People's Bank of China conducted a 14 trillion yuan reverse repurchase operation, providing liquidity support to the banking system, which is expected to lower costs and enhance lending capabilities, thereby improving bank profitability and stock prices [8] Group 3 - The recent regulatory changes encouraging long-term investments from insurance companies align with the stable and high dividend yields of bank stocks, making them attractive to institutional investors [8] - Many banks have announced generous dividends this year, with some banks distributing over 30% of their profits, making bank stocks a more appealing option compared to traditional savings due to low interest rates [8]