每經AI快(kuai)訊，中信(xin)證券(quan)指(zhi)出，12月銀行(xing)(xing)板塊走勢良好，我們測算數(shu)據顯(xian)示：板塊層(ceng)面，被(bei)動(dong)(dong)資(zi)(zi)(zi)金(jin)(jin)加倉是(shi)重(zhong)要推動(dong)(dong)力(li)(li)(li)量，融資(zi)(zi)(zi)買入交易(yi)水平(ping)(ping)活(huo)躍邊(bian)際相對(dui)平(ping)(ping)穩；個股(gu)層(ceng)面，具(ju)備板塊超額收(shou)益的銀行(xing)(xing)，在(zai)(zai)被(bei)動(dong)(dong)資(zi)(zi)(zi)金(jin)(jin)凈買入及融資(zi)(zi)(zi)買入兩個維度(du)均(jun)有強于行(xing)(xing)業(ye)的表現。近期銀行(xing)(xing)股(gu)表現良好，除上述高頻資(zi)(zi)(zi)金(jin)(jin)顯(xian)示的增量資(zi)(zi)(zi)金(jin)(jin)外，臨近銀行(xing)(xing)中期分紅(hong)季絕對(dui)收(shou)益資(zi)(zi)(zi)金(jin)(jin)存在(zai)(zai)配(pei)置需(xu)求，相對(dui)收(shou)益資(zi)(zi)(zi)金(jin)(jin)則存在(zai)(zai)調整(zheng)行(xing)(xing)業(ye)結構需(xu)求，共同作用于加大銀行(xing)(xing)板塊配(pei)置力(li)(li)(li)度(du)。當(dang)前經濟、政(zheng)策、資(zi)(zi)(zi)金(jin)(jin)面的合力(li)(li)(li)，共同指(zhi)向(xiang)銀行(xing)(xing)板塊的高確定(ding)性收(shou)益，預計(ji)估值(zhi)繼續上行(xing)(xing)仍是(shi)阻力(li)(li)(li)最小(xiao)的方向(xiang)。