低利率环境助推港股红利类资产投资热情！港股通红利ETF（513530）连续10个交易日资金净流入

Core Insights - The Hong Kong stock market is witnessing a resurgence in dividend-themed assets, particularly as year-end market volatility increases, attracting significant investor interest [1][2] - The Hong Kong Stock Connect Dividend ETF (513530) has seen a continuous inflow of funds for 10 consecutive trading days, reaching a new high in total assets since August 2025, indicating growing market attention towards Hong Kong dividend assets [1][2] Market Performance - As of November 11, 2025, the total scale of 26 Hong Kong dividend-themed ETFs reached 70.1 billion HKD, with a notable increase of 7 billion HKD in just 7 trading days in November [1] - The Hong Kong Stock Connect High Dividend (CNY) Index has a one-year dividend yield of 5.50%, significantly higher than the 1.81% yield of 10-year government bonds, enhancing its attractiveness compared to other indices [2] Dividend Distribution - In the first half of 2025, 713 Hong Kong companies declared dividends totaling 81.27 billion HKD, representing a year-on-year growth of 31.35% [1] - The Hong Kong Stock Connect High Dividend (CNY) Index accounted for 40% of the total dividends declared, with a total of 35.27 billion HKD [1] Fund Management - The Hong Kong Stock Connect Dividend ETF (513530) is managed by Huatai-PB Fund, which has over 18 years of experience in index investment and has developed a comprehensive range of dividend-themed ETFs [3] - The fund aims to provide flexible cash distribution to investors, with a maximum of 12 distributions per year, enhancing the overall investor experience [3]