12月风格更推荐大盘风格，聚焦港股通红利低波ETF基金（159118）底仓配置价值

Group 1 - The A-share major indices rose on December 1, with the Hong Kong Stock Connect Low Volatility ETF (159118) experiencing a fluctuation increase of over 0.9%. The holdings, including Jiangxi Copper Co., Ltd., rose by over 8%, along with other stocks like Wharf Real Estate Investment Company, China Merchants Port, and Bosideng [1] - According to analysis from China Merchants Securities, the market trading focus in December will revolve around the Federal Reserve's interest rate meeting and important domestic year-end meetings. Considering seasonal factors, changes in domestic and external liquidity, and incremental capital changes, a large-cap style is recommended for December, likely transitioning from growth to value [1] - The Hong Kong Stock Connect Low Volatility ETF (159118) closely tracks the S&P Hong Kong Stock Connect Low Volatility Dividend Index, with component stocks leaning towards large-cap value style. This ETF offers investors a low fee (management and custody fees only 0.2%) and high efficiency (T+0 trading), allowing for a one-click layout of Hong Kong stocks, dividends, and low volatility. Additionally, the ETF can conduct quarterly evaluations and profit distributions if it meets the dividend distribution conditions [1]