Group 1 - The banking sector is experiencing a strong performance, with the AH Preferred ETF (517900) seeing a net inflow of over 260 million since the beginning of the year, marking a 275.96% growth in scale, reaching a historical high [1] - Insurance capital has significantly increased its holdings in bank stocks, with a total of 27.821 billion shares valued at 265.78 billion yuan as of the end of Q1, and 7 out of the top 10 heavy stocks being bank stocks [1] - The banking industry currently has the lowest price-to-book ratio among major sectors, with most banks trading below a price-to-book ratio of 1 and an average price-to-earnings ratio of around 7 [1] Group 2 - The AH Preferred ETF (517900) has a dividend yield of 6.51% as of the end of May, reflecting a strategy of selecting undervalued stocks in the AH market [2] - The ETF has seen a cumulative increase of over 47% in the past year and an annualized return of over 14% since its inception [2] - The latest net value of the ETF is 1.5627, with a recent performance showing a weekly increase of 1.35% and a monthly increase of 5.80% [3]