China Galaxy Securities: Continues to be optimistic about the dividend value of the banking sector.

Chinese Galaxy Securities research report stated that structural monetary policy tools will lower interest rates and expand, benefiting banks by stabilizing interest margins and providing additional support to key areas of the real economy. The marginal improvement in RMB credit is evident, with signs of a recovery in demand for financing by real enterprises, which is expected to continue to support the "opening red" of bank credit. The first batch of listed banks' quick reports have been released, with performance showing steady improvement. Attention is focused on further release of policy effectiveness. With factors such as funding conditions, a low interest rate environment, and frequent dividends driving growth, the current dividend attributes of banks are continuing, with long-term funds such as insurance funds continuing to increase their holdings, accelerating the improvement in pricing efficiency and restructuring of valuations. The dividend value of the banking sector continues to be promising.