中信证券：银行板块仍在经历重估净资产过程，建议投资者保持积极配置策略

Core Viewpoint - Recent activities show insurance institutions are actively acquiring stakes in banks, while the relative returns of the banking sector are weakening, leading to heightened investor attention on future bank stock trends [1] Summary by Relevant Categories Banking Sector Dynamics - The banking sector is undergoing a revaluation of net assets, which, combined with the stratified logic of the stock market, may enhance the value of bank stocks for institutional investors in the long term [1] - There is an expectation that the valuation of banks will recover to above 1 times net assets, which is considered a high probability event [1] Investment Strategy - Long-term allocation of funds in the banking sector remains underrepresented, indicating potential for absolute value growth in the future [1] - If bullish market characteristics strengthen, the subsequent rotation effects within the sector could further catalyze the performance of bank stocks, suggesting that investors should maintain an active allocation strategy [1]