银行板块再度上扬 农业银行盘中续创新高

Core Viewpoint - The banking sector has shown a rebound, with several banks experiencing significant stock price increases, indicating a positive outlook for the industry based on mid-year reports and future earnings expectations [1] Summary by Relevant Sections Stock Performance - Postal Savings Bank rose over 3%, while Industrial Bank, Minsheng Bank, and Qingdao Bank increased by more than 1% - Agricultural Bank reached a new historical high with an intraday increase of over 2% [1] Financial Performance - According to mid-year reports, the banking sector's revenue growth rate reached 1%, and net profit attributable to shareholders grew by 0.8%, indicating a recovery trend [1] - Future earnings reports are expected to continue showing positive growth, reinforcing dividend stability [1] Future Outlook - Xiangcai Securities anticipates that with declining deposit costs and narrowing interest margin reductions, along with stable growth in intermediary business income, bank performance is likely to remain robust [1] - The shift in market investment style is expected to attract allocation funds into bank stocks due to their stable high dividends, particularly focusing on state-owned banks and potential valuation recovery for joint-stock and regional banks [1] Market Sentiment - CITIC Securities noted an increase in market uncertainty, leading to a decline in investor risk appetite, yet the continued expansion of mid-term dividends to 17 banks is expected to provide both relative and absolute returns [1] - The third-quarter performance of bank stocks is anticipated to be subdued, but a significant improvement in value is expected in the fourth quarter as absolute return funds begin to position for the following year [1]