红利港股ETF（159331）飘红，聚焦高股息策略配置价值

Group 1 - The core viewpoint is that Hong Kong stocks are expected to continue a wide range of fluctuations in December, driven by three main factors: potential interest rate cuts by the Federal Reserve, narrowing US-China interest rate differentials boosting the valuation of RMB assets, and the gradual improvement of the domestic economy under the "14th Five-Year Plan" [1] - The anticipated interest rate cut by the Federal Reserve in December is likely to enhance market liquidity in Hong Kong [1] - The narrowing of US-China interest rate differentials is expected to elevate the valuation of RMB assets, supporting the upward movement of Hong Kong stock valuations [1] Group 2 - The "14th Five-Year Plan" is expected to gradually clarify and improve the fundamentals, potentially enhancing profit expectations for Chinese enterprises listed in Hong Kong [1] - Long-term prospects for 2026, as the starting year of the "14th Five-Year Plan," indicate that developments in new productivity sectors and easing US-China trade tensions will support the resilience of Hong Kong stocks [1] - The high-dividend sector is recommended for attention, particularly the Hong Kong Dividend ETF (159331), which tracks the high-dividend index of Hong Kong stocks [1]