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【资金解析】南向资金、北向资金买了多少银行股?
Sou Hu Cai Jing·2025-07-23 01:05

Group 1 - The banking sector has experienced a significant rebound in investment, with strong demand for allocation despite recent high-level corrections [1][2] - The market capitalization held by Hong Kong Stock Connect in banking stocks surged from 375.6 billion HKD at the end of 2023 to over 1 trillion HKD, marking a 52% increase since the beginning of the year [2][3] - Northbound funds have also increased their holdings in A-share banking stocks, with a market value growth of 26.6 billion CNY in the second quarter [3] Group 2 - The high dividend yield of banking stocks (5% for the banking AH index) and low valuation (0.76 times PB) are key factors attracting institutional investment amid an asset shortage [1][5] - The static dividend yield of the banking sector is 4.08%, which is significantly higher than the one-year deposit rate by 310 basis points [5] - The banking AH preferred ETF has seen a net inflow of 7.8 million CNY this year, making it the fastest-growing banking ETF in terms of scale [11] Group 3 - The banking sector's stability in returns is being reinforced by macroeconomic and regulatory policies, as well as increased investments from institutional investors [10] - The banking AH index has outperformed the CSI Banking Index by 26% since its inception, indicating strong relative performance [11] - The valuation of the banking AH index has contracted by 34% compared to its peak in 2021, suggesting potential for recovery [8][9]