China Galaxy Securities Research Daily said that Q1 credit has made a good start, the demand for physical financing has gradually picked up, the superimposed monetary policy has stabilized, the space remains, the operating environment of banks is good, the fundamentals are expected to remain sound, and the impact of real estate risks on asset quality is limited. Under the catalysis of China Special valuation, banks are faced with the opportunity to reshape valuation. We continue to be optimistic about investment opportunities in the banking sector. In terms of individual stocks, Jiangsu Bank, Construction Bank, Bank of China, Postal savings Bank, China Merchants Bank and Ping an Bank are recommended.