Core Viewpoint - The Hong Kong banking sector continues to experience an upward trend, with Agricultural Bank of China reaching a new historical high and recording a 10-day consecutive rise, indicating strong market performance in the sector [1]. Group 1: Market Performance - Agricultural Bank of China has increased by over 1%, achieving a new historical high [1]. - Other banks such as Chongqing Bank, Zheshang Bank, Zhengzhou Bank, China Merchants Bank, Industrial and Commercial Bank of China, CITIC Bank, and Bank of China also reported gains [1]. Group 2: Analyst Insights - Morgan Stanley believes that after a seasonal adjustment in Q3, the banking sector will present good investment opportunities in Q4 and Q1 of the following year [1]. - The upcoming dividend distributions, stabilization of interest rates, and support from a 500 billion RMB structural financial policy tool are expected to bolster the revaluation of Chinese banking stocks [1]. - Investors should focus on high-quality banks that are likely to achieve earlier and stronger rebounds in a "natural clearing" environment [1].
内银股普涨,农业银行涨超1%再创新高,录得10连阳