把握年末投资机遇！港股通红利ETF（513530）连续22个交易日获资金净流入

Core Viewpoint - The year-end period is seen as a favorable window for allocating dividend strategies, driven by institutional investors' need to lock in annual returns and shifting towards defensive assets amid fluctuating expectations of interest rate cuts by the Federal Reserve [1] Fund Flow and Market Sentiment - There is an increasing willingness to allocate funds towards Hong Kong dividend assets, as evidenced by the Hong Kong Stock Connect Dividend ETF (513530) achieving a net inflow of 688 million yuan over 22 consecutive trading days since October 28, 2025, with an average daily trading volume of 118 million yuan, surpassing the year-to-date average of 74 million yuan [1] - The fund size of the Hong Kong Stock Connect Dividend ETF reached a new high of 2.799 billion yuan, reflecting sustained market enthusiasm for dividend assets [1] Long-term Value of Dividend Assets - In a low interest rate environment, the long-term allocation value of dividend assets is expected to become more prominent, with the latest dividend yield of the Hong Kong Stock Connect High Dividend (CNY) at 5.63%, significantly higher than the 4.35% and 4.14% yields of the CSI Dividend and Shenzhen Dividend indices, respectively [1] - The latest price-to-book ratio of 0.68 highlights the valuation advantage of these assets, suggesting potential for valuation recovery as market volatility increases [1] Product Features and Management Experience - The Hong Kong Stock Connect Dividend ETF (513530) is the first ETF in the A-share market that allows investment in the CSI Hong Kong Stock Connect High Dividend Index through the QDII model, potentially reducing dividend tax costs for long-term holders [1] - The fund aims to provide flexible cash distribution options, with up to 12 distributions per year, enhancing investor experience [1] - Huatai-PineBridge Fund, as one of the first ETF managers in China, has over 19 years of experience in managing dividend-themed indices, with a total management scale of 47.224 billion yuan across five dividend strategy ETFs as of November 27, 2025 [1][2]