岁末年初资金持续配置，红利价值受青睐！中证红利ETF（515080）5日吸金2.74亿元

Group 1 - The A-share market rebounded due to multiple factors including rising interest rate expectations, improved external relations, and stabilization of the US stock market, with the CSI Dividend ETF (515080) rising by 0.44% and attracting a net inflow of 274 million yuan over the last five trading days [1] - Market risk appetite has entered a "small platform period," with high dividend asset allocation becoming more attractive as the TMT sector reaches a historical high in fund positions while recent market inflows remain limited, indicating a potential shift towards high dividend sectors [3] - The latest ten-year government bond yield is at 1.83%, while the CSI Dividend Index shows a dividend yield of 4.85%, highlighting the relative attractiveness of high dividend values [4] Group 2 - The high dividend signal system, based on the trends of high dividend sectors, interbank market transaction volumes, and term spreads, continues to issue bullish signals [3] - There is an expectation for a rebound in the fourth quarter regarding the previously overestimated impact of the Federal Reserve's interest rate cuts, suggesting a potential strengthening of value styles over growth styles [3] - Long-term funds are expected to focus on dividend-paying sectors and traditional sectors related to the "anti-involution" theme, as well as the consumer sector [4]