银行股无疑应长期关注。但短期内,应谨慎乐现。虽然面临长期利差收窄、年内贷款增长放缓等不利因素,我们仍然看好中国经济持续快速增长下银行业的长期盈利能力,尤其是转型带来的新业务和新机会,中间业务增长将成为银行利润增长的加速器,所以,整个银行行业基本面仍然向好。 Bank stocks undoubtedly should be long-term concern. But in the short term, we should be cautiously optimistic. Despite the unfavorable factors such as the narrowing of long-term interest spread and the slowdown of loan growth during the year, we are still optimistic about the long-term profitability of the banking sector under the sustained and rapid economic growth in China. In particular, the new business and new opportunities brought by the transformation will increase the growth of intermediary business Bank profit growth accelerator, so the fundamentals of the banking industry is still going well.