The increase in bank and insurance stocks has been impressive since the beginning of the year. Can this strong momentum continue?
Wind data shows that since the beginning of this year, the share prices of state-owned major banks have continuously reached historic highs, with the banking and insurance sectors both seeing cumulative increases of over 10%. Due to their high dividend yields, stable dividends, and low valuations, bank and insurance stocks have become favored by investors. Looking ahead, industry professionals believe that bank and insurance stocks will continue to be strong due to factors such as the rise in equity markets, influx of incremental funds, and improved fundamentals.
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