港股通央企红利ETF天弘（159281）盘中上涨，盘中价格已连续5天创新高，红利资产成9月以来资金配置焦点

Core Viewpoint - The Hong Kong Stock Connect Central Enterprise Dividend ETF Tianhong (159281) has shown strong performance with a 0.10% increase and active trading, reflecting a growing interest in high-dividend assets [1][2]. Group 1: ETF Performance - The Tianhong ETF has achieved five consecutive days of gains, with prices reaching new highs during this period [2]. - The ETF closely tracks the Hong Kong Stock Connect Central Enterprise Dividend Index, which selects stable dividend-paying stocks from central enterprises [2]. Group 2: Sector Distribution - The index's sector distribution is relatively balanced, covering high-dividend industries such as banking, transportation, non-bank financials, telecommunications, and oil and petrochemicals [2]. - As of the end of Q2 2025, the index's dividend yield exceeds 7% [2]. Group 3: Market Trends - High dividend yields have been a significant characteristic of stocks that have surged in September, indicating a strong demand for dividend assets [2]. - Despite a net outflow of over 8 billion yuan from the overall stock ETF market, dividend-themed ETFs have seen a net inflow of over 800 million yuan [2]. Group 4: Investment Strategy - According to Zhongtai Securities, dividend investment is a long-term winning strategy that can withstand market fluctuations, providing stability in volatile markets [3]. - High-dividend assets typically belong to mature industries with stable business models, offering both defensive and growth attributes [3].