标的指数股息率逼近6%！低利率环境港股通红利ETF（513530）投资价值有望持续深化

Core Viewpoint - The Hong Kong dividend sector is experiencing short-term volatility, but there remains a strong consensus for long-term allocation in dividend assets under a low interest rate environment, as evidenced by significant net inflows from southbound funds into the financial sector [1][3]. Group 1: Market Performance - The Hong Kong dividend-themed ETF, specifically the Hong Kong Stock Connect Dividend ETF (513530), has attracted a total of 1.708 billion yuan since October 28, 2025, with an average daily trading volume of 159 million yuan since the beginning of the year, significantly up from 84 million yuan for the entire year of 2025 [1][3]. - The total product scale and shares of the Hong Kong Stock Connect Dividend ETF have risen to 3.643 billion yuan and 2.249 billion shares, respectively, indicating a notable increase in scale and liquidity advantages [1][3]. Group 2: Investment Appeal - The attractiveness of Hong Kong dividend assets is attributed to their superior dividend yield and valuation advantages in the current low interest rate environment, with the latest dividend yield of the Hong Kong Stock Connect High Dividend Index reaching 5.72%, which is higher than the 1.84% yield of 10-year government bonds [1][4]. - The Hong Kong Stock Connect Dividend ETF's dividend yield also surpasses that of several mainstream A-share and Hong Kong dividend indices, such as the CSI Dividend (4.95%), Shenzhen Dividend (4.20%), and Hong Kong Stock Connect High Yield Select (5.18%) [1][4]. Group 3: Fund Management - Huatai-PB Fund, one of the first ETF managers in China, has over 19 years of experience in managing dividend-themed index investments, with a total scale of 52.332 billion yuan across its "dividend family" products, which include various ETFs [1][4]. - The company has developed a series of core product lines that cater to long-term investment needs, including the widely recognized Huatai-PB CSI 300 ETF (510300) and the leading A500 ETF Huatai-PB (563360) [1][4].