智通财经网·2025-10-16 06:12Core Viewpoint - The banking sector is experiencing a rebound despite market volatility, driven by stable fundamentals and attractive dividend yields, which are expected to attract long-term capital [1] Group 1: Stock Performance - Chongqing Rural Commercial Bank (03618) increased by 3.45% to HKD 6.6 - Agricultural Bank (01288) rose by 2.23% to HKD 5.49 - CITIC Bank (00998) gained 2.12% to HKD 7.23 - Postal Savings Bank (01658) went up by 1.7% to HKD 5.39 - Industrial and Commercial Bank (01398) climbed 1.56% to HKD 5.85 [1] Group 2: Market Analysis - Dongxing Securities noted that the banking sector has been adjusting since July due to increased market risk appetite and a shift in funding styles, but the sector's fundamentals remain robust [1] - The firm anticipates that as mid-term dividends begin to unfold, the attractiveness of bank dividends will continue to rise, providing support for long-term capital allocation [1] - The banking sector is expected to see a valuation recovery in the fourth quarter as market styles rebalance [1] Group 3: Investment Opportunities - Galaxy Securities highlighted that increased uncertainty in tariffs is causing global asset price fluctuations, creating a demand for defensive allocations, which presents opportunities for bank investments [1] - The stability of bank dividends, combined with a recent period of adjustment, has improved the attractiveness of dividend yields, likely drawing in risk-averse capital [1] - Kaiyuan Securities pointed out that after adjustments influenced by market styles, the dividend yield of the banking sector has regained its appeal, with H-shares outperforming A-shares in terms of cost-effectiveness [1]