炒股就看金麒麟分析师研报，权威，专业，及时，全面，助您挖掘潜力主题机会！ | 18 | 605599.SH | 菜直股份 | 0.72 | 40.45 | 4.73 | | --- | --- | --- | --- | --- | --- | | 19 | 000651.SZ | 格力电器 | 0.65 | -5.35 | 7.47 | | 20 | 601825.SH | 沪农商行 | 0.56 | 10.61 | 4.86 | | 数据来源：上交所等,截至2025年11月26日收盘。注:近12个月股息率截至2025年11月25日。 | | | | | | | 标的指数基本面 | | | | | | | 股息率 | | 市净率 | | 历史市盈率 | 预期市盈率 | 责任编辑：宋雅芳 ...

Group 1 - The article provides a summary of stock performance for various companies, including their dividend yields and price changes over the past year [2] - Notable companies mentioned include Cai Mu Co., Gree Electric Appliances, and Shanghai Rural Commercial Bank, with respective dividend yields of 0.72%, 0.65%, and 0.56% [2] - The overall market metrics indicate a price-to-earnings ratio of 1.3 times and a historical price-to-earnings ratio of 11.15 times, with an expected price-to-earnings ratio of 10.48 times [2]

| | 涨跌幅% | 开始时间 | 结束时间 | | --- | --- | --- | --- | | 近半年涨跌幅 | 10.32 | 2025/5/26 | 2025/11/25 | | 近1年涨跌幅 | 12.63 | 2024/11/26 | 2024/11/25 | | 近2年涨跌幅 | 15.81 | 2023/11/27 | 2023/11/25 | | 近3年涨跌幅 | 16.55 | 2022/11/28 | 2022/11/25 | ►质量"负责"高成长+红利"负责"高股息 红利质量ETF 159758 \ 016441.OF (A) 注：数据非深Whd - 信款区同强表示部分楼用的品 2022年-11,99% - 2023年-2,52% - 2024年7,54% - · 如数新S在的游费用分别为2020年43.28% 证红润的量全球 - 颜金率列版12个月指数据台 网站登录： 1.上述基本方是是基本 - 真中国TF主要投资于影的指数成份和及我都成份是 - ETF联接基本主要投资于 高于混合基金 - 信券基金与货币新场基金 - 厦干中风险(R ) 品种 - 具体风险评级航票以越会给老人和 ...

恒生中国内地企业高股息率（HSMCHYI.HI）指数，筛选打包在港上市，内地公司中的高股息股票； 截至11月24日，该指数近1年股息率是5.35%，高于同期10年期国债收益率3.52%，恒生红利ETF （159726）是跟踪该指数的唯一ETF。 注：除净日，就是一只股票开始"剔除"即将派发的股息（红利）的日期。从这一天起，买入该股票的投 资者，将无法享受到本次派发的股息。 简单投资，加点红利！ 中证港股通央企红利指数（931233.CSI）指数，从港股通范围内，选取中央企业实际控制的分红水平稳 定且股息率较高的50只上市公司股票进行打包；截至11月24日，该指数近1年股息率是5.68%，高于同 期10年期国债收益率3.86%，港股央企红利ETF（513910）是跟踪该指数规模最大的投资标的。 尝高美集团：每股0.08港元，除净日：2025-12-04，派息日期：2025-12-22；恒生行业：餐饮，非中证 港股通央企红利指数（931233.CSI）指数的成分股，非恒生中国内地企业高股息率指数的成分股。 中国中免：每股0.2745港元，除净日：2025-12-08，派息日期：2026-01-15；恒生行业：旅游 ...

Core Insights - The overall valuation of the A-share market is reflected in the PE ratio of 19.91 and PB ratio of 1.56, indicating a relatively high valuation level with a PE percentile of 86.73% [1] - The 10-year government bond yields are significantly different between China (1.82%) and the US (4.05%), suggesting varying risk-free rates impacting investment decisions [1] A-share Major Index Valuation - The PE and PB ratios for major indices show that the ChiNext Index has a high PE of 37.85 and a PB of 4.86, indicating strong growth expectations [1] - The Shanghai Composite Index has a PE of 13.11 and a PB of 1.26, reflecting a more conservative valuation compared to other indices [1] - The CSI 300 Index shows a PE of 13.11 and a PB of 1.26, suggesting it is trading at a reasonable valuation relative to its earnings [1] A-share Major Industry Index Valuation - The computer industry has the highest PE ratio at 201.45, indicating high growth expectations but also potential overvaluation [1] - The banking sector has a low PE of 9.19 and a PB of 0.79, suggesting it may be undervalued compared to other sectors [1] - The real estate sector shows a PE of 59.59 and a PB of 0.97, indicating a mixed valuation with potential risks [1]

存款有利息，股票有股息。 为啥这么神呢？指数基金之父约翰·博格研究发现，决定股市长期回报的主要就靠三样：初始投资时的 股息率、投资期内的盈利增长率和市盈率变化率。但后两个就像开盲盒，全看天意。唯独这个股息率是 确定的正向助力。股息率越高，确定的正向收益也就越高。如今超火的"红利策略"正是抓住了这一点！ （文章来源：每日经济新闻） 那么当前港股央企红利ETF（513910）跟踪指数的股息率到哪里了呢？我们一起来看看！截至2025年11 月24日，指数近12个月股息率是5.73%，高于同日10年期国债收益率有3.91个百分点。 有个叫奥希金斯的哥们每年年底从道琼斯工业指数30只成分股里选10只股息率最高的，第二年闭眼买， 年底再照此方法选10只，买入新上榜的，卖出不在榜的，循环操作。据说他在1975至1999年运用该策略 投资的平均复利回报达18%，远高于市场3%的平均水平。 ...

Group 1 - The target price for Link REIT (00823) has been lowered by 8.2% from HKD 49.8 to HKD 45.7, while maintaining a "Buy" rating [1] - The short-term stock price correction has resulted in a dividend yield of approximately 7%, presenting a long-term accumulation opportunity [1] - Management anticipates continued challenges in rental adjustments for renewals in mainland China and Hong Kong, which may pressure distributions for FY2026 [1] Group 2 - Link REIT's mid-term performance (as of September 30) was slightly below expectations, with revenue decreasing by 1.8% year-on-year to HKD 7.023 billion [1] - Net property income fell by 3.4% year-on-year to HKD 5.178 billion, primarily due to retail market fluctuations and negative rental adjustment rates [1] - The net debt ratio as of September 2025 is 22.5%, a slight increase from 21.5% as of March 31, 2025, but still at a low level [2]

Group 1 - The target price for Link REIT (00823) has been lowered by 8.2% from HKD 49.8 to HKD 45.7, while maintaining a "Buy" rating [1] - The short-term stock price correction has resulted in a dividend yield of approximately 7%, presenting a long-term accumulation opportunity [1] - Management anticipates continued challenges in rental adjustments for renewals in mainland China and Hong Kong, which may pressure distributions for the fiscal year 2026 [1] Group 2 - The mid-term performance of Link REIT (as of September 30) was slightly below expectations, with revenue decreasing by 1.8% year-on-year to HKD 7.023 billion [1] - Net property income fell by 3.4% year-on-year to HKD 5.178 billion, primarily due to retail market fluctuations and negative rental adjustment rates [1] - The net debt ratio as of September 2025 is 22.5%, a slight increase from 21.5% as of March 31, 2025, but still at a low level [2]

南旋控股：每股0.11港元，除净日为2025-12-05，派息日期为2025-12-19；恒生行业为服装，非中证港 股通央企红利指数（931233.CSI）指数的成分股，非恒生中国内地企业高股息率指数的成分股。 中证港股通央企红利指数（931233.CSI）指数，从港股通范围内，选取中央企业实际控制的分红水平稳 定且股息率较高的50只上市公司股票进行打包；截至11月21日，该指数近1年股息率是5.73%，高于同 期10年期国债收益率3.91%，港股央企红利ETF（513910）是跟踪该指数规模最大的投资标的。 恒生中国内地企业高股息率（HSMCHYI.HI）指数，筛选打包在港上市，内地公司中的高股息股票； 截至11月21日，该指数近1年股息率是5.39%，高于同期10年期国债收益率3.57%，恒生红利ETF （159726）是跟踪该指数的唯一ETF。 每日经济新闻 中信建投证券：每股0.181港元，除净日为2025-11-25，派息日期为2025-12-30；恒生行业为证券及经 纪，非中证港股通央企红利指数（931233.CSI）指数的成分股，非恒生中国内地企业高股息率指数的成 分股。 震雄集团：每股0.03 ...

指数基金之父约翰·博格研究发现，决定股市长期回报的主要就靠三样：初始投资时的股息率、投资期 内的盈利增长率和市盈率变化率。但后两个就像开盲盒，全看天意。唯独这个股息率是确定的正向助 力。股息率越高，确定的正向收益也就越高。 存款有利息，股票有股息。 有个叫奥希金斯的哥们每年年底从道琼斯工业指数30只成分股里选10只股息率最高的，第二年闭眼买， 年底再照此方法选10只，买入新上榜的，卖出不在榜的，循环操作。有数据显示，他在1975至1999年运 用该策略投资的平均复利回报达18%，远高于市场3%的平均水平。 | | 涨跌幅% | 开始时间 | 结束时间 | | --- | --- | --- | --- | | 近半年涨跌幅 | 6.94 | 2025/5/20 | 2025/11/19 | | 近1年涨跌幅 | 12.58 | 2024/11/20 | 2024/11/19 | | 近2年涨跌幅 | 35.25 | 2023/11/20 | 2023/11/19 | | 近3年涨跌幅 | 54.76 | 2022/11/21 | 2022/11/19 | ▶高分红,低波动 红利低波ETF基金 159547 送 ...