银行、煤炭板块逆市走强，港股通央企红利ETF(159266)配置价值备受关注

Group 1 - The core viewpoint of the news highlights the performance of various indices and stocks, particularly focusing on the rise of coal companies and the investment appeal of high dividend and cash flow assets amid changing market conditions [1][2][3] - The Central State-Owned Enterprises Dividend Index and the National Free Cash Flow Index have shown positive movements, with notable increases in stocks like Postal Savings Bank and China Coal Energy [1] - The recent U.S. tariff policy has impacted market sentiment, leading investors to seek stable assets, particularly in the coal sector, which is supported by state-owned enterprises' plans for share buybacks and asset injections [1] Group 2 - Agricultural Bank of China has experienced a significant rise, with a 14-day increase of 23.14%, driven by continuous institutional investments and large capital bond issuances [2] - The insurance sector, particularly Ping An Group, has been a major contributor to the Agricultural Bank's stock performance, increasing its stake to 20.06% through multiple purchases [2] - Historical analysis suggests that the fourth quarter of 2025 may present a key opportunity for investing in dividend stocks, as current pessimistic expectations may have been fully priced in [2][3] Group 3 - The dividend sector is expected to act as a safe haven for funds, especially when market sentiment is weak, with a focus on sectors such as banking, coal, electricity, and transportation [3] - The relationship between the dividend sector and market risk appetite indicates that as the TMT sector weakens, funds may flow into dividend stocks [3]