性价比与确定性凸显，红利资产获资金青睐，港股红利ETF博时(513690)涨超1%，连续6日获资金净流入

Core Insights - The Hang Seng High Dividend Yield Index has increased by 0.97% as of October 20, 2025, with notable gains in stocks such as China Petroleum (up 3.96%) and Xinyi Glass (up 2.86%) [3] - The BoShi Hang Seng High Dividend ETF has seen a price increase of 1.29%, reaching 1.1 yuan, and has accumulated a 0.65% rise over the past week [3] - The A-share market has shown significant structural differentiation, with low valuation high dividend sectors gaining traction amid a volatile environment [3] Market Trends - High dividend blue-chip stocks, particularly in the banking sector, have performed well, with the banking index rising for seven consecutive days [4] - Agricultural Bank has notably achieved 11 consecutive days of positive daily closes, reaching a historical high [4] - Analysts suggest that after a tech growth phase, dividend assets may become more attractive as they have returned to relatively low levels [4] Investment Strategies - The banking sector's dividend yield has improved post-correction, making it a compelling option for medium to long-term investment [4] - The "dumbbell strategy" combining high dividend assets with high valuation tech growth stocks is expected to remain effective in the fourth quarter [4] - The BoShi Hang Seng High Dividend ETF has seen a significant inflow of funds, totaling 163 million yuan over six days, with a peak single-day inflow of 49.21 million yuan [4][5] Fund Performance - The BoShi Hang Seng High Dividend ETF closely tracks the Hang Seng High Dividend Yield Index, which reflects the performance of high dividend securities available through the Hong Kong Stock Connect [5] - As of October 8, 2025, the top ten weighted stocks in the index accounted for 28.98% of the total index weight [5] - The latest fund size of the BoShi Hang Seng High Dividend ETF is 5.536 billion yuan, with a record high of 5.119 billion shares [4][5]