高股息资产热度不减！港股通红利低波ETF（520890）标的指数股息率升至近6%

Core Viewpoint - The market trading focus is expected to revolve around the Federal Reserve's interest rate meetings and significant domestic year-end meetings after December 2025, with high-yielding Hong Kong dividend assets likely becoming important tools for risk defense amid cautious investment sentiment [1] Group 1: Market Environment - The year-end asset rebalancing window is a key factor, as institutions like public funds may shift towards high-dividend Hong Kong stocks to lock in annual returns [1] - December to January is typically a peak period for premium income, prompting some insurance funds to quickly build positions in high-dividend assets to match liability costs [1] Group 2: Investment Opportunities - The Hong Kong Stock Connect Dividend Low Volatility ETF (520890) is closely related to its "high dividend" characteristics, with the latest dividend yield reaching 5.80%, significantly higher than the 1.83% yield of 10-year government bonds [1] - The dividend yield of the Hong Kong Stock Connect High Dividend Low Volatility Index has outperformed several mainstream A-share and Hong Kong dividend indices, enhancing its attractiveness [1] Group 3: Performance Metrics - As of December 1, 2025, the Hong Kong Stock Connect High Dividend Low Volatility Total Return Index has achieved a cumulative increase of 39.22% over the past year, outperforming the 9.03% and 10.94% returns of the CSI Dividend Total Return and Shenzhen Dividend Total Return indices, respectively [1] - The index's performance is notable compared to the 30.92% return of the Hang Seng Technology Total Return Index [1] Group 4: Fund Management - Huatai-PineBridge Fund, as one of the first ETF managers in China, has over 19 years of experience in managing dividend-themed indices, offering a range of products including the Hong Kong Stock Connect Dividend Low Volatility ETF [1] - As of December 1, 2025, the total management scale of Huatai-PineBridge's five "dividend family" ETFs reached 47.424 billion yuan [1]