The report published by Bank of China International states that as of December 10, the Hang Seng CSI China Mainland Banks Index has risen by 32.7% this year, outperforming the 19.1% increase of the Hang Seng Index. Looking ahead to next year, considering that policymakers are likely to continue introducing more MMF and fiscal policies, the fundamentals of the banking industry will remain stable, and it is believed that the Listed in Hong Kong banking index may continue to achieve positive returns.
The bank indicated that as risk-free interest rates decline and geopolitical risks increase, investors will pay more attention to undervalued, high dividend yield Listed in Hong Kong bank stocks. In addition, the Ministry of Finance has stated that it will issue special national bonds to supplement the capital of large commercial banks. The bank maintains an 'Shareholding' rating for the banking industry, with a preference for Agricultural Bank of China in the sector and recommends China Construction Bank, Industrial and Commercial Bank, China Merchants Bank, Postal Savings Bank Of China, and China Everbright Bank.
