Group 1 - The banking sector showed resilience, with the China Securities Banking Index rising by 2.0%, while the non-banking financial index of the CSI 300 fell by 1.0%, the CSI All Share Securities Company Index dropped by 1.3%, and the Hong Kong Securities Index decreased by 1.9% [1] - CITIC Securities noted that the mid-year earnings of the banking industry demonstrated a stabilization and recovery trend, with the recovery extent slightly exceeding expectations [1] - Key factors contributing to this recovery include stable interest margin expectations, investment income contributing to revenue, stable asset quality, and a significant improvement in quarterly earnings [1]