港股红利ETF博时(513690)连续10日“吸金”合计3.32亿元，机构称红利行情或延续至明年

Core Viewpoint - The recent developments in the Hong Kong stock market, particularly the performance of high dividend yield stocks, indicate a cautious yet optimistic sentiment among investors, driven by ongoing economic discussions between China and the U.S. and a stable outlook for various sectors [3][4]. Market Performance - The Hang Seng High Dividend Yield Index rose by 0.01% as of October 24, 2025, with notable increases in stocks such as China Hongqiao (+3.08%) and Bank of China Hong Kong (+2.27%) [3]. - The BoShi Hong Kong Dividend ETF (513690) has seen a 1.37% increase over the past week, reflecting a mixed market sentiment [3]. Economic Events - A delegation from China will engage in economic discussions with the U.S. from October 24 to 27, focusing on key issues in the China-U.S. economic relationship [3]. - The Fourth Plenary Session of the 20th Central Committee of the Communist Party of China was held on October 23, 2025, signaling ongoing political and economic developments [3]. Investment Strategies - The demand for stable asset allocation remains strong, with strategies focusing on "dividend + micro盘" in bear markets and "dividend + tech growth" in bull markets, highlighting the role of dividend stocks as a stabilizing force [4]. - Low-risk preference funds are increasingly entering the market, as evidenced by a fund raising over 5.5 billion in just one day, indicating a growing demand for diversified asset allocation in a low-interest-rate environment [4]. Sector Analysis - The financial, cyclical, and consumer sectors are showing stable growth, with significant performance expected from brokerage and insurance stocks due to favorable market conditions [4]. - The coal sector has experienced a surge, driven by supply concerns from both domestic and international sources, alongside increasing demand for winter stockpiling [6]. Fund Performance - The BoShi Hong Kong Dividend ETF has reached a new high in scale at 5.806 billion, reflecting strong investor interest [7]. - The ETF has also seen a significant inflow of funds, with a total of 3.32 billion in net inflows over the past ten days, indicating robust demand for high dividend yield investments [8].