金融ETF（510230）连续2日净流入超1.5亿元，经营稳健的国有大行吸引力凸显

Group 1 - The macroeconomic moderate recovery lays a foundation for the banking industry in 2026, driven by proactive fiscal policies and moderately loose monetary policies, which will boost credit growth [1] - Technological innovation and industrial upgrading are identified as core themes, pushing banks towards high value-added sectors [1] - The net interest margin is expected to stabilize, with further narrowing projected to be within 5 basis points, potentially marking the bottom in 2026 [1] Group 2 - Fee income is anticipated to rebound through volume compensating for price adjustments amid changes in household wealth management structures [1] - Overall asset quality remains stable, with low non-performing loan ratios in corporate lines, while retail lines are still in a risk exposure phase [1] - The demand for high-dividend assets from insurance capital is increasing, highlighting the attractiveness of stable state-owned banks [1] Group 3 - The Financial ETF (510230) tracks the 180 Financial Index (000018), which selects listed companies involved in banking, insurance, and securities to reflect the overall performance of financial-related listed companies [1] - The 180 Financial Index focuses on large and medium-sized financial enterprises, offering high market coverage and liquidity, thus providing a comprehensive representation of the financial market's overall trend [1]