CITIC Securities: The bottom of the valuation of the banking sector is clearly waiting for the gradual emergence of the steady growth policy and real estate policy – Teller Report

Securities Times Network News, CITIC Securities believes that the central bank and the China Banking and Insurance Regulatory Commission have held intensive meetings, paying particular attention to the support of financial policies for epidemic prevention and control and economic growth. force space. For investment in the banking sector, the current sector valuation bottom is clear, and we can wait for the steady growth policy and real estate policy to gradually emerge. The investment logic of individual stocks needs to take into account the systematic opportunities of industry valuation improvement and the individual opportunities of business model upgrade. The combination is: China Merchants Bank, Industrial Bank, Ping An Bank, Postal Savings Bank, Bank of Jiangsu and Bank of Nanjing.