红利板块本周走强，恒生红利低波ETF（159545）最新规模达41亿元，创历史新高

Core Insights - The Hang Seng High Dividend Low Volatility Index increased by 2.7% this week, while the CSI Dividend Value Index rose by 2.6%, and both the CSI Dividend Index and CSI Dividend Low Volatility Index saw a 2.4% increase [1][2]. Index Performance - The CSI Dividend Index and CSI Dividend Low Volatility Index both recorded a weekly increase of 2.4% [2]. - The Hang Seng High Dividend Low Volatility Index had the highest weekly gain at 2.7% [2]. - The CSI Dividend Value Index increased by 2.6% this week [2]. Fund Inflows - The Hang Seng Dividend Low Volatility ETF (159545) experienced a net inflow of 120 million yuan this week, bringing its total size to 4.1 billion yuan, a record high [1]. Dividend Yields and Valuation Ratios - The dividend yields for the indices are as follows: CSI Dividend Index at 4.4%, CSI Dividend Low Volatility Index at 4.1%, Hang Seng High Dividend Low Volatility Index at 5.8%, and CSI Dividend Value Index at 4.3% [2]. - The rolling price-to-earnings ratios are: CSI Dividend Index at 8.3x, CSI Dividend Low Volatility Index at 8.4x, Hang Seng High Dividend Low Volatility Index at 7.3x, and CSI Dividend Value Index at 7.8x [2]. Sector Composition - The CSI Dividend Low Volatility Index consists of 50 stocks with high liquidity and stable dividends, with banking, coal, and transportation sectors accounting for over 60% of the index [3]. - The Hang Seng High Dividend Low Volatility Index also includes 50 stocks, with financial, real estate, and energy sectors making up over 60% [3]. - The CSI Dividend Value Index is composed of 50 stocks with high dividend yields and value characteristics, with banking, coal, and transportation sectors comprising about 80% [3].