Core Viewpoint - The market is currently experiencing a divergence between Shanghai and Shenzhen, with dividend assets under pressure. The China Securities Dividend Quality ETF (159209) has seen a significant inflow of funds, indicating investor interest in flexible investment tools during periods of rising risk appetite [1]. Group 1: Market Performance - As of 9:53 AM, the China Securities Dividend Quality ETF (159209) dropped by 0.85%, with an estimated net inflow of approximately 5 million CNY during the trading session [1]. - Over the past 10 days, the fund has recorded a net inflow for 9 days, reaching a new high in terms of shares [1]. Group 2: Investment Strategy - The China Securities Dividend Quality Index combines "high dividend" and "high quality" factors, effectively capturing investment opportunities. It focuses on companies with stable dividends, strong profitability, sound financial health, and growth potential [1]. - In a positive market environment, such stocks tend to attract concentrated investment due to their solid fundamentals and growth potential, often demonstrating greater price elasticity and upside compared to a purely high-dividend strategy [1]. Group 3: Product Features - The China Securities Dividend Quality ETF (159209) features a cost structure of "0.15% + 0.05%", which is the lowest in the market, providing a clear cost advantage for long-term holders [1]. - The fund employs a monthly assessment dividend mechanism, which better meets investors' cash flow needs and enhances the holding experience [1].

Core Insights - The article highlights the rise of undervalued sectors, particularly focusing on the performance of the China Securities Dividend Quality ETF (159209), which increased by 0.76% and peaked at 1.05% during the trading session [1] - Analysts suggest that as market risk appetite increases, investors are seeking more resilient investment tools, with the China Securities Dividend Quality Index combining "high dividend" and "high quality" factors to capture opportunities effectively [1] Group 1 - The China Securities Dividend Quality Index targets stable dividend-paying companies while selecting firms with strong profitability, financial stability, and growth potential [1] - In a positive market environment, such stocks tend to attract concentrated capital allocation due to their solid fundamentals and growth prospects, often demonstrating greater price elasticity and upside potential compared to a purely high-dividend strategy [1] - The index provides a balanced investment option during periods of rising risk appetite, catering to both offensive and defensive strategies [1] Group 2 - The product design of the China Securities Dividend Quality ETF (159209) features a cost structure of "0.15% + 0.05%", which is the lowest in the market, offering significant cost advantages for long-term holders [1] - The ETF employs a monthly assessment dividend mechanism, which better meets investors' cash flow needs and enhances the holding experience [1]