A recent research report by CITIC Securities highlights that the Postal Savings Bank aims to establish an Asset Investment and Management (AIC) subsidiary. This move is anticipated to catalyze a convergence among the six major banks, enabling them to secure AIC licenses, streamline asset disposal processes, and enhance direct investment systems. Furthermore, it is expected to foster improvements in both business structure and quality. Concurrently, Hangzhou Bank's preliminary earnings report for the first half of the year underscores its continued robust performance.

Regarding sector profit expectations, the impact of loan repricing was pronounced in Q1, while the bond market remained relatively stable in Q2. As a result, it is anticipated that the year-on-year growth rate of bank profits will stabilize and exhibit a recovery trend in the first half of the year. In terms of sector investment, last week witnessed a surge in market sentiment regarding capital flows, accompanied by intensified sectoral repositioning. This led to increased volatility in bank stocks. Nevertheless, from a long-term perspective, given that the rationale behind net asset revaluation has yet to be fully realized, it is envisioned that following short-term fluctuations, the banking sector will sustain an overall upward trajectory into the third quarter.