Recently, the A-share market has shown positive signals, with the banking zones performing particularly well. Agricultural Bank shares have risen for 14 consecutive trading days, driving the entire banking zone to become the main force behind the market rally, and the Shanghai Composite Index has also approached turning positive.

Looking at the market performance since April this year, banking shares have experienced a significant pullback, with a more noticeable fall % compared to other zones. However, this also means that banking shares currently have a higher safety margin. Since the beginning of this round of market activity at the end of 2023, the index has recovered nearly one-third of its rise %, further highlighting the investment value of banking shares.

It is worth noting that the market bottom area is attracting buy the dip funds' attention, which may indicate that the market is approaching its bottom. With the arrival of the mid-term Dividend season, the dividend yield advantage of banking shares will become more prominent, potentially attracting long-term funds and providing support for share prices.

Looking ahead to the fourth quarter, the market expects overall performance to be not too bad. As early as August and September, the market had already begun to focus on investment opportunities that may emerge in October, with high-dividend zones such as coal and banking likely to become the focus of funds. For investors interested in layout in the banking zones, considering banking ETF as a allocation option could be worthwhile.

In the current market environment, the investment value of banking shares is gradually becoming apparent. They not only have a high safety margin but also can provide investors with stable dividend returns. As market sentiment gradually recovers, the banking zone is expected to continue playing its stabilizer role and contribute to the rebound of the A-share market.