红利风向标 | 有色金属热点纷呈，现金流策略强势登榜

Group 1 - The latest dividend yield for the S&P A-share Dividend ETF is 4.85% [1] - The S&P A-share Dividend ETF has shown a 1-week index change of 0.38%, a 1-month change of 13.21%, and a 1-year change of 11.32% [1][5] - The latest dividend yield for the Hong Kong Stock Connect Low Volatility Dividend ETF is 5.51% [1][5] Group 2 - The S&P Hong Kong Stock Connect Low Volatility Dividend Index has experienced a 1-week index change of 11.94% and a 1-year change of 19.69% [2][6] - The A500 Low Volatility Dividend ETF has shown a 1-week index change of 0.1% and a 1-year change of 0.17% [2][6] - The 800 Low Volatility Dividend ETF has reported a 1-week index change of -0.31% and a 1-year change of -2.03% [2][6] Group 3 - The 300 Cash Flow ETF tracks the CSI 300 Free Cash Flow Index and has shown a 1-week index change of 8.58% and a 1-year change of 9.89% [7] - The report indicates that the A-share market style may trend towards balance in 2026, with a strong preference for dividend styles supported by capital allocation needs [7] - The report emphasizes that the willingness and ability of listed companies to distribute dividends continue to rise, supported by incremental capital and policy expectations [7]