红利基金热潮延续，市场总规模突破3100亿元

Group 1 - The core viewpoint of the news is the increasing popularity and expansion of dividend-themed funds, with the launch of the Yin Hua S&P Hong Kong Stock Connect Low Volatility Dividend ETF marking the beginning of 2026's dividend fund offerings [2] - In 2025, there was a significant acceleration in the issuance of dividend funds, with 39 new funds established in the second half of the year, surpassing the 26 in the first half [3] - The total scale of dividend funds in the market has exceeded 310 billion yuan by early 2026, indicating a strong trend towards high dividend, low volatility assets among institutional and individual investors [2][3] Group 2 - The head effect is becoming evident, with the Huatai-PB CSI Dividend Low Volatility ETF leading with a scale of 26.659 billion yuan, and three other products exceeding 16 billion yuan, showing a concentration of funds in high-quality, stable dividend-paying assets [3] - Long-term funds are increasingly favoring high dividend assets as a stable cash flow source, with major funds announcing their first dividends for 2026 [4] - The attractiveness of dividend assets is expected to continue to rise, particularly in the Hong Kong dividend sector, as companies increase their dividend payouts and valuations remain favorable [4]