Who is buying bank stocks? Public mutual funds and insurance funds.

Recently, bank stocks have been performing well. On May 14, the CSI Bank Index closed at 7691.19 points, reaching a historical high. The "elephants" of bank stocks are dancing, but who is buying? From what the reporter has learned, there are mainly two reasons behind this: firstly, some public funds are buying in response to performance benchmark adjustments; and secondly, allocation-type insurance funds are continuing to buy.