金融周报：市场活跃度较强，助力券商基本面提升

Investment Rating - The industry investment rating is "Recommended" [2][28][30] Core Views - The banking sector is expected to maintain steady growth driven by policy support and capital inflows, with high dividend yields becoming more attractive in a low-interest-rate environment [4][28] - The brokerage sector is benefiting from active market trading and merger expectations, leading to improved performance [29] - The insurance sector is poised for growth due to policy and market drivers, with an emphasis on optimizing investment structures and enhancing service quality through digital transformation [30] Summary by Sections Recent Trends - The financial indices showed mixed performance, with the banking index declining by 1.07% while the securities index increased by 0.58% during the week [8] - Year-to-date performance indicates a 1.11% increase for the Shanghai and Shenzhen 300 index, while the non-bank financial sector has seen a decline of 2.27% [3] Investment Recommendations - For banks, focus on state-owned banks with stable dividend yields and city commercial banks with improving asset quality [4][28] - For brokerages, attention should be on firms benefiting from the recovery of the equity market and those with merger opportunities [29] - In the insurance sector, large companies with strong market shares are recommended, particularly those adapting to investment structure changes [30] Market Data - The average daily trading volume in A-shares increased by 9.39% week-on-week, reaching 19,139.63 billion [12] - The total assets of the banking sector reached 444.6 trillion yuan, growing by 6.5% year-on-year [26]