较高股息优势吸引近10亿元资金月内加仓，港股通红利ETF（513530）基金份额连续15个交易日创历史新高

Core Viewpoint - The Hong Kong stock market is experiencing a recovery, driven by easing overseas liquidity pressures and the potential for international capital to flow into emerging markets, particularly high-dividend and low-valuation assets in Hong Kong [1][2] Group 1: Market Trends - The recent inflow of funds into the Hong Kong stock market is attributed to a low interest rate environment, increasing demand for high-dividend assets with attractive valuations [2] - The Hong Kong Stock Connect High Dividend (CNY) index has a current dividend yield of 6.61%, significantly higher than the 1.84% yield of 10-year government bonds, indicating a strong appeal for investors [2] - The Hong Kong Stock Connect High Dividend (CNY) total return index has seen a cumulative increase of 65.23% since 2024, outperforming several major A-share and Hong Kong dividend indices [2] Group 2: Investment Opportunities - The Hong Kong Stock Connect Dividend ETF (513530) has attracted significant capital inflows, with a total of 976 million yuan in December alone, marking it as one of the few dividend-themed ETFs with over 900 million yuan in net inflows during the same period [1][3] - The ETF is structured to provide tax advantages compared to traditional Hong Kong Stock Connect channels, potentially enhancing investor returns [3] - The ETF and its linked funds have implemented multiple cash distributions in 2025, providing investors with more frequent cash flow and flexibility in fund management [3] Group 3: Company Background - Huatai-PB Fund Management, one of the first ETF managers in China, has over 19 years of experience in managing dividend-themed index investments, offering a diverse range of products including the Hong Kong Stock Connect Dividend ETF [4] - The total management scale of Huatai-PB's five dividend-themed ETFs has reached 50.463 billion yuan as of December 22, 2025 [4]