Bank stocks lead the way with strong performance, hitting a historical high for the 33rd time this year.

This week, A-shares surged on high volume, with the Shanghai Composite Index reclaiming 3500 points, continuously hitting new highs for the year. The Shanghai 50 Index, the CSI 300, and other indexes also frequently refreshed their annual highs, while the Shenzhen Component Index and ChiNext Index also hit new highs. Trading volume rapidly increased, with a turnover of 1.74 trillion yuan on Friday, reaching a new high in the past three months, with a total turnover of 7.48 trillion yuan for the week, the highest in nearly four months. The continuous breakthrough of the market is largely due to the financial sector, especially the banking sector. The banking sector index hit a new historical high for the fourth consecutive day this week, reaching a total of 33 new highs so far this year. The monthly K-line has been in the red for 6 months, dropping only slightly by 0.55% in February, with a nearly 22% increase for the year. After the continuous rise in banking stocks, the market began to show fear of heights, as some investors believe that bank stocks are at historically low dividend yields, with valuations no longer having an advantage. The core point is that the dividend yield of the four major banks has fallen below the dividend yield at the peak in 2015.