Core Viewpoint - The Hang Seng Dividend Low Volatility ETF (159545) has seen significant growth in trading volume and assets, indicating strong investor interest and potential resilience in the face of external uncertainties [1][2]. Group 1: Fund Performance - As of April 3, 2025, the trading volume of the Hang Seng Dividend Low Volatility ETF reached 59.7841 million yuan, with a turnover rate of 4.68% [1]. - The latest asset size of the ETF reached 1.276 billion yuan, marking a new high since its inception [1]. - In the past two weeks, the ETF's shares increased by 39 million, demonstrating substantial growth [1]. Group 2: Market Analysis - In the last five trading days, the ETF attracted a total of 17.5734 million yuan in inflows [2]. - Analysts suggest that uncertainties surrounding overseas tariffs and supportive domestic policies in finance and consumption sectors could enhance the appeal of Hong Kong dividend assets [2]. - The Hang Seng Dividend Low Volatility Index, which the ETF closely tracks, boasts a dividend yield of 7.42%, indicating strong income potential despite short-term market volatility [2].

Group 1 - The A-share market showed signs of recovery on March 31, with the three major indices narrowing their declines, led by gains in the banking, telecommunications, and electric power sectors [1] - The Dividend Low Volatility ETF (159549) experienced a net inflow of over 37 million yuan over three consecutive trading days, indicating strong investor interest despite market fluctuations [1] - Xinda Securities suggests that the cyclical dividend sector may regain its value in terms of absolute and excess returns amid the recent pullback in the technology sector [1] Group 2 - Huachuang Securities notes that the current market pullback is primarily due to price decline risks, emphasizing the importance of boosting domestic demand [2] - The Dividend Low Volatility ETF (159549) closely tracks the CSI Dividend Low Volatility 100 Index, which selects 100 stocks from the A-share market based on liquidity, continuous dividends, high dividend yield, and low volatility [2] - The report highlights that if export pressures lead to increased price decline risks, dividend stocks in sectors like banking, water, electricity, highways, and ports will outperform [2]