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港股通+央企+红利,港股通央企红利ETF天弘(159281)火热发行中,机构:看好港股红利的长期配置价值
2 1 Shi Ji Jing Ji Bao Dao·2025-08-13 03:12

Core Viewpoint - The Hong Kong stock market is experiencing active trading, particularly in the dividend concept, with the Hong Kong Stock Connect Central Enterprise Dividend Index showing slight fluctuations and a minor decline of 0.12% as of the latest update [1]. Group 1: Index and ETF Information - The Hong Kong Stock Connect Central Enterprise Dividend ETF Tianhong (159281) is currently in a hot issuance phase, with public sales scheduled from August 6 to August 15, 2025, featuring a management fee of 0.5% and a custody fee of 0.1% per year [2]. - The index selects listed companies controlled by central enterprises with stable dividend levels and high dividend yields, reflecting the overall performance of high-dividend central enterprise stocks within the Hong Kong Stock Connect framework [2][3]. Group 2: Index Characteristics and Performance - The index includes only those companies that have paid dividends continuously for the past three years, with a payout ratio greater than 0 and less than 1, to avoid "one-off dividends" [3]. - The index has achieved an annualized total return of 16.92% over the past five years, with an annualized volatility of 21.88%, and the latest dividend yield stands at 5.67% [3]. Group 3: Component Stocks and Market Outlook - The top ten component stocks of the index include major companies such as COSCO Shipping Holdings, Orient Overseas International, and China Petroleum, with a cumulative weight of 30.87% [4]. - The dividend assets have shown excellent resilience amid market volatility, and the current high dividend yield of Hong Kong stocks is more attractive compared to A-shares, especially in a declining interest rate environment [4].