来源：新浪基金∞工作室 11月17日，港股通央企红利ETF南方（520660）跌0.82%，成交额7517.28万元。当日份额增加2700.00万 份，最新份额为26.14亿份，近20个交易日份额增加2.54亿份。最新资产净值计算值为28.51亿元。 港股通央企红利ETF南方（520660）业绩比较基准为中证国新港股通央企红利指数(人民币中间价)收益 率，管理人为南方基金管理股份有限公司，基金经理为罗文杰、潘水洋，成立（2024-06-26）以来回报 为13.13%，近一个月回报为7.72%。 风险提示：市场有风险，投资需谨慎。本文为AI大模型自动发布，任何在本文出现的信息（包括但不 限于个股、评论、预测、图表、指标、理论、任何形式的表述等）均只作为参考，不构成个人投资建 议。 ...

Group 1 - The article highlights a preference for low-volatility dividend assets in the Hong Kong stock market, particularly during market fluctuations, with several dividend ETFs showing gains of over 1% [1] - Recent market dynamics indicate a shift in investor sentiment towards value and dividend sectors, as evidenced by significant net inflows into high-dividend sectors, particularly in the financial industry, which saw a net purchase of 783.81 billion HKD from southbound funds [1] - The technology sector, which had previously led the market, is experiencing a pullback, prompting a rotation towards more stable dividend-paying stocks [1] Group 2 - Historical data over the past 20 years shows that cyclical industries like white goods and food processing have seen an upward trend in the fourth quarter over 65% of the time, driven by year-end profit-taking and expectations surrounding macroeconomic policies [2][3] - According to CITIC Securities, the fourth quarter of 2025 may present a critical opportunity for positioning in dividend stocks, as pessimistic expectations may have been fully priced in, leading to a valuation bottom [3] - The yield on 10-year government bonds has remained low between 1.6% and 1.9%, while leading A/H shares in sectors like highways are projected to have dividend yields of 5% to 6% by 2025, enhancing their attractiveness [3]

Group 1 - The Hong Kong Stock Connect Central Enterprise Dividend ETF (520660) experienced a decline of 0.39% on October 13, with a trading volume of 124 million yuan [1] - The fund's shares increased by 88 million to a total of 2.112 billion shares, with a total increase of 297 million shares over the past 20 trading days [1] - The latest net asset value of the fund is calculated to be 2.139 billion yuan [1] Group 2 - The performance benchmark for the ETF is the CSI National New Hong Kong Stock Connect Central Enterprise Dividend Index (RMB middle price) [1] - The fund is managed by Southern Fund Management Co., Ltd., with fund managers Luo Wenjie and Pan Shuiyang [1] - Since its establishment on June 26, 2024, the fund has returned 4.06%, while the return over the past month is -2.00% [1]

Group 1 - The Hong Kong Stock Connect Central State-Owned Enterprises Dividend ETF (520660) increased by 0.96% on September 11, with a trading volume of 55.1564 million yuan [1] - The fund's shares increased by 6 million, bringing the total shares to 1.927 billion, with an increase of 488 million shares over the past 20 trading days [1] - The latest net asset value of the fund is calculated to be 1.998 billion yuan [1] Group 2 - The performance benchmark for the ETF is the CSI National New Hong Kong Stock Connect Central State-Owned Enterprises Dividend Index (RMB middle price) [1] - The fund is managed by Southern Fund Management Co., Ltd., with fund managers Luo Wenjie and Pan Shuiyang [1] - Since its establishment on June 26, 2024, the fund has returned 6.51%, with a one-month return of 1.17% [1]

Group 1 - The core point of the article highlights the performance and recent activity of the Hong Kong Stock Connect Central Enterprise Dividend ETF managed by Southern Fund Management Co., Ltd. [1] - On September 3, the ETF (520660) experienced a decline of 0.29% with a trading volume of 16.52 million yuan [1] - The ETF's total shares increased by 2 million, bringing the latest total to 1.788 billion shares, with a significant increase of 641 million shares over the past 20 trading days [1] Group 2 - The latest net asset value of the ETF is calculated to be 1.808 billion yuan [1] - The ETF's performance benchmark is the CSI National New Hong Kong Stock Connect Central Enterprise Dividend Index (RMB middle price) [1] - Since its establishment on June 26, 2024, the ETF has returned 3.89%, with a one-month return of 1.25% [1]

Group 1 - The core point of the article highlights the performance and recent activity of the Hong Kong Stock Connect Central Enterprise Dividend ETF managed by Southern Fund Management, which experienced a slight decline of 0.95% on August 26, with a trading volume of 36.1862 million yuan [1] - The ETF's total shares increased by 11 million to reach 1.745 billion shares, with a notable increase of 630 million shares over the past 20 trading days [1] - The latest net asset value of the ETF is calculated to be 1.799 billion yuan, and its performance benchmark is the CSI National New Hong Kong Stock Connect Central Enterprise Dividend Index [1] Group 2 - Since its establishment on June 26, 2024, the ETF has achieved a return of 5.88%, while its return over the past month is 0.19% [1] - The fund is managed by fund managers Luo Wenjie and Pan Shuiyang from Southern Fund Management Co., Ltd [1]

Core Insights - The ETF market showed mixed performance on the 22nd, with the Sci-Tech Chip ETFs leading gains while the Medical Device ETF experienced the largest decline [2] Group 1: ETF Performance - The Sci-Tech Chip ETF Index (588920) led the gains with an increase of 6.55% [2] - The Bosera Sci-Tech Chip ETF (588990) rose by 6.54% [2] - The Guotai Sci-Tech Chip ETF (589100) increased by 6.48% [2] - The Medical Device ETF (159797) was the worst performer, declining by 1.16% [2] - The Hong Kong Stock Connect Central Enterprise Dividend ETF (520660) fell by 1.15% [2] - The Energy ETF from GF (159945) decreased by 1.07% [2]

Group 1 - The Hong Kong Stock Connect Central State-Owned Enterprises Dividend ETF (520660) experienced a decline of 0.48% on August 19, with a trading volume of 143 million yuan [1] - The fund's shares increased by 64 million to a total of 1.61 billion shares, with a total increase of 508 million shares over the past 20 trading days [1] - The latest net asset value of the ETF is calculated to be 1.657 billion yuan [1] Group 2 - The performance benchmark for the ETF is the CSI National New Hong Kong Stock Connect Central State-Owned Enterprises Dividend Index (RMB middle price) [1] - The fund is managed by Southern Fund Management Co., Ltd., with fund managers Luo Wenjie and Pan Shuiyang [1] - Since its establishment on June 26, 2024, the fund has achieved a return of 5.71%, with a one-month return of 4.34% [1]

Group 1 - The core point of the article highlights the performance and recent trading activity of the Hong Kong Stock Connect Central Enterprise Dividend ETF managed by Southern Fund Management Co., Ltd. [1] - On August 4, the ETF (520660) experienced a decline of 0.30% with a trading volume of 70.2398 million yuan [1] - The ETF's total shares decreased by 6 million, bringing the latest total to 1.147 billion shares, while over the past 20 trading days, shares increased by 28 million [1] Group 2 - The latest net asset value of the ETF is calculated to be 1.146 billion yuan [1] - The ETF's performance benchmark is the CSI National New Hong Kong Stock Connect Central Enterprise Dividend Index (RMB middle price) [1] - Since its establishment on June 26, 2024, the ETF has returned 2.67%, with a one-month return of 4.02% [1]

Group 1 - The core point of the article highlights the performance of the Hong Kong Stock Connect Central Enterprise Dividend ETF managed by Southern Fund Management, which experienced a decline of 1.18% on August 1, with a trading volume of 47.53 million yuan [1] - The fund's total shares increased by 16 million, bringing the latest total to 1.153 billion shares, with a notable increase of 35 million shares over the past 20 trading days [1] - The latest net asset value of the fund is calculated to be 1.152 billion yuan, and its performance benchmark is the CSI National New Hong Kong Stock Connect Central Enterprise Dividend Index [1] Group 2 - Since its establishment on June 26, 2024, the fund has achieved a return of 2.60%, while its return over the past month stands at 5.18% [1] - The fund is managed by fund managers Luo Wenjie and Pan Shuiyang from Southern Fund Management Co., Ltd [1]