Group 1 - The core viewpoint indicates that the banking sector is experiencing a positive trend, with the China Securities Banking Index rising by 1.3%, marking five consecutive days of gains, while the Hong Kong Securities Index increased by 1.2% [1] - The recent increase in the banking ETF, E Fund (516310), has attracted over 700 million yuan in the last three trading days, reflecting strong investor interest [1] - Global asset price volatility has heightened, leading to a defensive allocation demand among investors, with the banking sector being less affected by external shocks, presenting potential allocation opportunities [1] Group 2 - The banking sector's dividend stability and improved yield after recent corrections are expected to attract risk-averse capital inflows [1] - The non-banking financial index, which includes securities and insurance, saw a slight increase of 0.3%, indicating a mixed performance within the broader financial sector [3] - The Hong Kong Securities ETF tracks the performance of stocks within the asset management, investment banking, and brokerage sectors, reflecting the overall performance of these industries [4][5]