根本停不下来！港股红利低波ETF(520550)获连续21日增仓，股息率飙至近7%！

Core Viewpoint - The Hong Kong dividend low-volatility ETF has attracted significant capital inflows, becoming a focal point for investors seeking stable returns in a volatile market environment [3][4]. Group 1: Fund Inflows - As of December 18, 2023, the Hong Kong dividend low-volatility ETF (code: 520550) has seen net inflows for 21 consecutive trading days, totaling approximately 190 million RMB [3][4]. - Year-to-date, the ETF has accumulated net inflows of nearly 1 billion RMB, indicating strong long-term investor confidence in this strategy [3][4]. Group 2: Dividend Yield and Valuation - The ETF's tracked index has a current dividend yield close to 7%, significantly higher than major mainland indices and leading among global markets [4]. - The high dividend yield is particularly attractive in the context of declining bank deposit rates and pressured returns from traditional investment products, making it a competitive option for conservative investors [4]. Group 3: Low Volatility Attributes - The low-volatility aspect of the strategy is crucial, as the ETF selects stocks with relatively low historical price volatility, resulting in an overall portfolio volatility that is significantly lower than the Hong Kong market average [5]. - In the current uncertain global economic climate, the demand for "safe" and "stable" investments has increased, making the dividend low-volatility strategy appealing to many investors [5]. Group 4: Market Outlook - The ongoing inflows into the Hong Kong dividend low-volatility ETF reflect a rational choice by market participants in light of the current macroeconomic environment, favoring assets with high growth certainty and consistent cash returns [6]. - The trend of declining risk-free interest rates enhances the attractiveness of dividend returns, suggesting a favorable outlook for dividend strategies in the medium to long term [6].