On July 20, the China Securities Bank Index rose 2.3%, and individual stocks in the sector flourished across the board. Since July, bank stocks have quietly recovered their “lost ground” as popular sectors in the previous period fell into full and continuous correction. The China Securities Bank Index has risen 8.93% during the month, while the Shanghai Index fell 7.28% during the same period. Of the 42 individual stocks in the banking sector, 22 stocks achieved double-digit increases in price, accounting for more than 50%. Today, the total market value of the banking sector and the market value of A-shares have returned to more than 14 trillion yuan and 10 trillion yuan respectively. First Finance Correspondent noticed that in the face of the extreme reversal of market conditions over the past month, more and more institutions are beginning to suggest opportunities in the dividend sector, and others have stepped up their marketing efforts for dividend-themed products.

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