8月红利指向AH均衡

Group 1 - The core viewpoint of the report emphasizes the AH dual-market rotation strategy, aiming to construct a more favorable dividend+ portfolio by analyzing the driving factors of dividends in A-shares and H-shares [2][8] - The August AH dividend rotation indicator is set at 50% A-share dividends and 50% H-share dividends, indicating a neutral stance with an indicator value of 50, and an accuracy of 69% for the period from 2024 to June 2025 [3][8] Group 2 - The report references previous related reports, including the "Dividend+: AH Dual-Market Rotation Strategy" published on February 17, 2025, and subsequent updates on March 2 and April 3, 2025, which discuss the timing and construction of the dividend+ portfolio [4][8] - The report utilizes various driving factors such as the US disturbance index and A-share seasonal effects, which have exceeded threshold levels, to inform the dividend rotation strategy [3][8]