资金踊跃布局港股红利类资产！港股通红利ETF（513530）连续24个交易日获资金净流入
Xin Lang Cai Jing·2025-12-02 05:19

Core Viewpoint - The Hong Kong dividend assets are attracting attention due to their defensive characteristics in the current environment of weak economic recovery and uncertainty in overseas liquidity and domestic policies [1][9]. Group 1: Market Performance - High dividend sectors such as banks, non-bank financials, coal, and oil & petrochemicals in Hong Kong stocks collectively rose in early trading on December 25, 2025 [1][9]. - The Hong Kong Dividend ETF (513530) has seen continuous net inflows for 24 trading days since October 28, 2025, accumulating 778 million yuan, leading to a fund size increase to 2.891 billion yuan, a new high [2][10]. - The trading volume on December 1, 2025, reached 185 million yuan, a 153% increase from the previous trading day, with net inflows growing by 245% [2][10]. Group 2: Dividend Yield and Performance - The Hong Kong Dividend ETF tracks the Hong Kong High Dividend (CNY) Index, which has a dividend yield of 5.63%, significantly higher than the 1.82% yield of the 10-year government bond [2][10]. - The total return index of the Hong Kong High Dividend (CNY) has increased by 35.10% over the past year, outperforming other major dividend indices such as the CSI Dividend and Shenzhen Dividend indices [3][11]. Group 3: Seasonal Trends and Institutional Behavior - The Hong Kong dividend sector typically experiences a notable calendar effect from late December to mid-January, driven by institutional reallocations to high-dividend assets for yield locking and insurance companies' peak premium income [12][11]. Group 4: ETF Characteristics and Management - The Hong Kong Dividend ETF (513530) is the first ETF in the A-share market that can invest in the CSI Hong Kong High Dividend Investment Index through the QDII model, supporting T+0 trading and potentially reducing dividend tax costs for investors [4][13]. - The fund manager, Huatai-PB Fund, has over 19 years of experience in index investment and has developed a comprehensive range of dividend-themed ETFs [15].