AI基金易方达港股通红利混合A（005583）披露2025年半年报，上半年基金利润2.31亿元，加权平均基金份额本期利润0.0826元。报告期内，基金净值增长 率为10.82%，截至上半年末，基金规模为26.56亿元。 该基金属于灵活配置型基金。截至9月5日，单位净值为0.872元。基金经理是唐博伦。 基金管理人在半年报中表示，相较于去年，今年以来港股市场出现了几个变化： 第一，年初至今高股息指数跑输宽基指数。一方面，表现较好的AI、生物 医药相关板块在高股息和价值板块中敞口较小；另一方面，部分传统股息板块经过过去两年的上涨，估值吸引力下降，出现滞涨情况。 第二，区别于往 年，高股息指数内部出现了巨大的分化，部分板块表现优劣排序为：银行、多品类零售、电信、公用事业。 第三，港股市场增量资金在一季度快速流入后 逐渐放缓，而IPO和配售等融资金额在一季度后出现加速。新股和配售市场异常火爆。 向前展望，我们认为，若市场因为资金流入放缓叠加融资加速陷入焦灼，滞涨的高股息板块可能出现超额机会。在股息类资产内部，我们相对看好滞涨的公 用事业等板块，它们不仅估值相对较低，且处在资本开支下行周期中，自由现金流呈现改善状态，存 ...

该基金股票持仓前十分别为：龙源电力、中国移动、中石化炼化、中化化肥、北控水务集团、蒙牛乳 业、新华文轩、中石化冠德、大唐新能源、四川成渝高。前十持仓占比合计33.37%。 来源：金融界 金融界2025年8月24日消息，易方达港股通红利混合A(005583) 最新净值0.8695元，该基金近一周收益率 1.00%，近3个月收益率17.18%，今年来收益率23.60%。 易方达港股通红利混合A基金成立于2018年3月7日，基金经理唐博伦，截至2025年6月30日，易方达港 股通红利混合A规模26.56亿元。 ...

Group 1 - Ping An Bank announced that several fund products will no longer participate in promotional subscription and investment fee discount activities starting from August 20, 2025 [1] - The affected fund products include Dachen Stable Income 90-Day Rolling Bond A, Guojin Quantitative Selected A, and others, which will revert to their original fee rates [1] - The announcement indicates that the changes are a result of negotiations between Ping An Bank and the relevant fund managers [1]

Group 1 - The core viewpoint of the news is the performance and holdings of the E Fund Hong Kong Stock Connect Dividend Mixed A fund, which has shown positive returns in various time frames [1] - As of August 18, 2025, the latest net value of the fund is 0.8656 yuan, with a growth of 0.55% [1] - The fund's one-month return is 6.01%, six-month return is 22.36%, and year-to-date return is 23.04%, with respective rankings of 848 out of 1719, 304 out of 1693, and 406 out of 1687 [1] Group 2 - The top ten stock holdings of the E Fund Hong Kong Stock Connect Dividend Mixed A fund account for a total of 33.37%, with the largest holding being Longyuan Power at 5.35% [1] - Other significant holdings include China Mobile (4.02%), Sinopec Refining (3.58%), and China National Chemical Fertilizer (3.24%) [1] - The fund was established on March 7, 2018, and as of June 30, 2025, it has a total scale of 2.656 billion yuan, managed by fund manager Tang Bolun [1]

Group 1 - The core viewpoint of the article highlights the performance and holdings of the E Fund Hong Kong Stock Connect Dividend Mixed A fund, which has shown significant returns over various time frames [1] - The fund's latest net value is 0.8609 yuan, with a weekly return of 1.01%, a three-month return of 16.94%, and a year-to-date return of 22.37% [1] - The fund was established on March 7, 2018, and as of June 30, 2025, it has a total scale of 2.656 billion yuan [1] Group 2 - The top ten stock holdings of the fund include Longyuan Power, China Mobile, Sinopec Refining, China Chemical Fertilizer, Beijing Enterprises Water Group, Mengniu Dairy, Xinhua Wencun, Sinopec Guande, Datang Renewable, and Sichuan Chengyu [1] - The combined proportion of the top ten holdings accounts for 33.37% of the fund's total assets [1]

Group 1 - The core viewpoint of the article highlights the performance of the E Fund Hong Kong Stock Connect Dividend Mixed A fund, which has shown significant returns over various time frames [1] - The fund's latest net value is 0.8523 yuan, with a weekly return of 2.23%, a three-month return of 16.12%, and a year-to-date return of 21.15% [1] - The fund was established on March 7, 2018, and as of June 30, 2025, it has a total scale of 2.656 billion yuan [1] Group 2 - The top ten stock holdings of the fund include Longyuan Power, China Mobile, Sinopec Refining, Sinochem Fertilizer, Beijing Enterprises Water Group, Mengniu Dairy, Xinhua Wencuan, Sinopec Kantons, Datang Renewable, and Sichuan Chengyu [1] - The combined proportion of the top ten holdings accounts for 33.37% of the fund's total assets [1]

Group 1 - The core viewpoint of the article highlights the performance and holdings of the E Fund Hong Kong Stock Connect Dividend Mixed A fund, which has shown positive returns over various time frames [1][3] - As of August 7, 2025, the latest net value of the fund is 0.8501 yuan, reflecting a growth of 0.65%. The fund's one-month return is 6.72%, six-month return is 24.59%, and year-to-date return is 20.84% [1] - The fund's top ten stock holdings account for a total of 33.37%, with significant positions in Longyuan Power (5.35%), China Mobile (4.02%), and Sinopec Refining (3.58%) among others [1] Group 2 - The E Fund Hong Kong Stock Connect Dividend Mixed A fund was established on March 7, 2018, and as of June 30, 2025, it has a total scale of 2.656 billion yuan [1] - The fund manager, Tang Bolun, has a background in finance with experience at various financial institutions, including HSBC and CICC, and has been with E Fund since March 2024 [2]

Group 1 - The core point of the news is the performance and holdings of the E Fund Hong Kong Stock Connect Dividend Mixed A Fund, which has shown varying returns over different time frames [1] - As of July 31, 2025, the fund's latest net value is 0.8377 yuan, reflecting a decrease of 1.94% [1] - The fund has achieved a return of 7.45% over the past month, ranking 469 out of 2319 in its category [1] - Over the last six months, the fund's return is 22.74%, with a ranking of 258 out of 2293 [1] - Year-to-date, the fund has returned 19.08%, ranking 396 out of 2282 [1] Group 2 - The top ten stock holdings of the E Fund Hong Kong Stock Connect Dividend Mixed A Fund account for a total of 33.37%, with the largest holding being Longyuan Power at 5.35% [1] - Other significant holdings include China Mobile (4.02%), Sinopec Refining (3.58%), and China National Chemical Fertilizer (3.24%) [1] - The fund was established on March 7, 2018, and as of June 30, 2025, it has a total size of 2.656 billion yuan [1] Group 3 - The fund manager, Tang Bolun, has a background in finance with experience at various financial institutions, including HSBC and CICC [2] - Tang Bolun has been with E Fund Asset Management (Hong Kong) since March 2024 and has taken on multiple fund management roles since then [2]

Group 1 - The core point of the news is the performance and holdings of the E Fund Hong Kong Stock Connect Dividend Mixed A fund, which has shown a recent decline in net value but positive returns over various time frames [1] - As of July 23, 2025, the latest net value of the fund is 0.8477 yuan, reflecting a decrease of 0.60%. The fund's one-month return is 9.52%, six-month return is 26.07%, and year-to-date return is 20.50% [1] - The fund's top ten stock holdings account for a total of 33.37%, with significant positions in Longyuan Power (5.35%), China Mobile (4.02%), and Sinopec Refining (3.58%) among others [1] Group 2 - The E Fund Hong Kong Stock Connect Dividend Mixed A fund was established on March 7, 2018, and as of June 30, 2025, it has a total scale of 2.656 billion yuan [1] - The fund manager, Tang Bolun, has a background in finance with experience at various financial institutions, including HSBC and CICC, and has been with E Fund since March 2024 [2]

Core Viewpoint - The E Fund Hong Kong Stock Connect Dividend Mixed A Fund (005583) reported a profit of 160 million yuan for Q2 2025, with a net value growth rate of 6.39% during the period, and a total fund size of 2.656 billion yuan as of the end of Q2 2025 [3][15]. Fund Performance - The fund's weighted average profit per share for the reporting period was 0.0484 yuan [3]. - As of July 18, the fund's unit net value was 0.817 yuan [3]. - The fund's net value growth rates over various periods are as follows: - 3-month: 13.34%, ranking 238 out of 880 comparable funds [3]. - 6-month: 21.48%, ranking 84 out of 880 comparable funds [3]. - 1-year: 27.30%, ranking 189 out of 880 comparable funds [3]. - 3-year: 2.96%, ranking 205 out of 871 comparable funds [3]. Risk and Return Metrics - The fund's Sharpe ratio over the past three years is 0.0855, ranking 372 out of 875 comparable funds [8]. - The maximum drawdown over the past three years is 34.15%, with a single-quarter maximum drawdown of 29.54% occurring in Q1 2022, ranking 499 out of 873 comparable funds [10]. Investment Strategy - The fund manager emphasizes a focus on deep value exploration and aims to construct a portfolio with asymmetric risk-return characteristics while maintaining an attractive dividend yield to meet investors' needs for Hong Kong stock dividend assets [3]. Portfolio Composition - As of June 30, the fund's average stock position over the past three years was 87.53%, compared to a comparable average of 80.37% [13]. - The top ten holdings of the fund as of Q2 2025 include: - Longyuan Power - China Mobile - Sinopec Engineering - Sinochem Fertilizer - Beijing Enterprises Water Group - Mengniu Dairy - Xinhua Wenyuan - Sinopec Kantons - Datang Renewable - Sichuan Chengyu Expressway [19].