南向资金重回高股息板块！港股通红利ETF（513530）连续36个交易日吸金，标的指数股息率升至6.7%

Core Viewpoint - The Hong Kong stock market has shown volatility recently, with a notable rebound on December 25, 2017, where southbound funds recorded a net purchase of 7.16 billion yuan, marking a new high in 16 trading days. The financial sector attracted the largest inflow of 1.77 billion yuan, while other high-dividend sectors like utilities and real estate also saw significant investments [1][5]. Group 1: Market Trends - The market's recent fluctuations have led to increased interest in high-dividend assets as a risk management strategy, particularly in a low-interest-rate environment [1][5]. - The "year-end effect" is influencing fund reallocations towards stable investments, enhancing the likelihood of excess returns in value sectors, which may provide a favorable window for dividend strategies [1][5]. - Since October 28, 2025, the Hong Kong Dividend ETF (513530) has seen continuous net inflows for 36 trading days, with 8.98 billion yuan added in just 13 trading days in December 2025 [1][5]. Group 2: Fund Performance - The Hong Kong Dividend ETF (513530) has reached new highs in both fund size and shares, with the latest figures at 3.572 billion yuan and 2.188 billion shares, respectively, reflecting growing market enthusiasm for these assets [1][5]. - The ETF's latest dividend yield stands at 6.70%, outperforming several mainstream A-share and Hong Kong dividend indices, while its price-to-earnings ratio is notably low at 7.58 times, indicating strong valuation advantages [1][5]. - The ETF has announced a dividend of 0.10 yuan per 10 shares, marking its seventh distribution in 2025, with key dates for dividend rights registration and payment outlined [1][6]. Group 3: Fund Management - The Hong Kong Dividend ETF (513530) is the first ETF in the A-share market to invest in the CSI Hong Kong Stock Connect High Dividend Index through the QDII model, potentially reducing dividend tax costs for long-term holders [2][7]. - Huatai-PB Fund, a pioneer in ETF management, has over 19 years of experience in dividend-themed index investments, managing a total of 48.934 billion yuan across five diverse "dividend family" ETFs [2][7].