Banking sector: Significant valuation advantages

Hangzhou New Hope last week, the panel showed that the stock differentiation situation began to increase gradually, especially the strength of the weight of stocks while the other majority of other stocks continue to increase the kinetic energy is obviously insufficient. Therefore, in the market structural adjustment, if the stock index to continue to rise in the breakthrough words, the weight of the opportunity is still relatively large.　　Bank shares as one of the largest market weight plate, although the second quarter of credit began to fall, but the banking credit structure began to improve, and banking spreads are expected to hit bottom rebound, so the industry continues to good, according to the current level of valuation in future there is room for growth. ICBC (601398): The company is the largest commercial bank in the world and one of the most profitable listed banks in the global banking industry. The company occupies the domestic market leading position, has the huge customer base to store the extensive distribution network and the domestic advanced information technology platform. The stock short-term adjustment has the end of signs, Outlook is expected to continue to shock upward, can be the medium-term concern.