Recently, A-shares have experienced intensified turbulence, and investors with keen sense of smell have made frequent moves. The latest data shows that the latest balance of A-share financing increased by 2.257 billion yuan compared with the previous trading day (as of 2.15); the

The recent volatility in A-shares has intensified, and investors with keen sense of smell have made frequent moves. The latest data shows that the latest balance of A-share financing increased by 2.257 billion yuan compared with the previous trading day (as of 2.15); the overall net financing purchase volume of the entire market in a single day was 1.294 billion yuan, of which the banking sector exclusively accounted for 791 million yuan, accounting for more than 6 It is the largest industry for financing customers to add positions.

Among them, China Merchants Bank received a net purchase of 266 million yuan in financing yesterday (2.15), ranking first in the market for net financing purchases, followed closely by Industrial Bank, Vanke A, BYD, Ping An of China and other stocks. In terms of

industry ETFs, the latest financing balance of the largest bank ETF (512800) in the market rose to 903 million yuan. After one year, the financing balance returned to the level of 900 million yuan. Data from

shows that at the end of December last year, the financing balance of bank ETF (512800) briefly rose to 900 million yuan and then quickly fell back. As time went by, the bank ETF (512800) had a financing balance of more than 900 million yuan in mid-to-late September and mid-December 2020. Since then, the bank index has experienced a strong trend.

Data from the Shanghai Stock Exchange shows that the bank ETF (512800) received a net inflow of more than 87 million yuan yesterday. It has received net subscriptions on 4 of the past 5 days, with a total of more than 330 million yuan. The latest fund size is 10.7 billion yuan.

Guosen Securities analyst Wang Jian reviewed the A-share cycle since 2013 and found that the banking sector started in the mid-to-late period of credit easing, and its performance was stronger than the GEM index with "contrasting styles". In the stage of stabilizing growth, based on fundamental support, the bank index outperformed the GEM index.

Shen Juan, an analyst at Huatai Securities, believes that A-shares are currently entering a "lenient credit" pattern. During the seven rounds of "lenient credit" cycles of monetary easing since 2002, the average monthly absolute return rate of the bank index was 4.44%. Compared with the Shanghai Composite Index's monthly The average excess return rate reached 0.82%. Driven by the three factors of current policy forward efforts, good fundamental orientation, and switching of funding styles, we are optimistic about the sustainability of bank market conditions.

This article comes from the financial world