港股通红利ETF广发（520900）放量上涨，连续6周获得资金净申购
Xin Lang Ji Jin·2025-11-25 04:20

Core Viewpoint - The article highlights the increasing attractiveness of dividend assets in the current volatile market, emphasizing the benefits of the Guangfa Hong Kong Stock Connect Dividend ETF (520900) as a tool for investors seeking stable returns [2][4]. Group 1: Market Environment - The A-share market experienced a significant rise, with the Guangfa Hong Kong Stock Connect Dividend ETF (520900) showing a 0.65% increase and a trading volume of 39.94 million yuan as of November 25 [1]. - From October 13 to November 21, the ETF saw continuous net subscriptions for six weeks, with its circulating scale increasing from 1.581 billion yuan to 1.852 billion yuan, representing a growth rate of 17.14% [1]. Group 2: Dividend Strategy - The current macroeconomic environment supports the effectiveness of dividend strategies, with the 10-year government bond yield dropping from 3.2% in 2021 to 1.75% as of November 3, 2025, marking a historical low for risk-free rates [2]. - The anticipated annual dividend amount for A-shares in 2024 is projected to reach a record high of 2.34 trillion yuan, driven by policies encouraging companies to enhance dividend payouts [2]. Group 3: Investment Opportunities - The Hong Kong market benefits from both domestic economic fundamentals and global capital flows, with an AH premium rate of 120.12, indicating significant value for dividend stocks [3]. - The year-end period is seen as an optimal time for reallocating to dividend strategies, as institutional investors often adjust their portfolios to secure annual returns [3]. Group 4: ETF Details - The Guangfa Hong Kong Stock Connect Dividend ETF (520900) was established on June 26, 2024, with an annual management fee of 0.50% and a custody fee of 0.10% [6]. - The ETF tracks the CSI National New Hong Kong Stock Connect Central Enterprise Dividend Index, focusing on high-dividend state-owned enterprises, with the top three sectors being oil and petrochemicals (29.7%), telecommunications (21.2%), and transportation (13.5%) [7].