港股高股息ETF（159302）成立于2024年8月23日，基金全称为银华中证港股通高股息投资交易型开放 式指数证券投资基金，基金简称为港股高股息ETF。该基金管理费率每年0.50%，托管费率每年0.10%。 港股高股息ETF（159302）业绩比较基准为中证港股通高股息投资指数收益率(经估值汇率调整)。 股票代码股票名称持仓占比持仓股数（股）持仓市值（元）01919中远海控7.63%77.70万859.07万03668 兖煤澳大利亚5.59%25.51万628.83万01308海丰国际5.05%20.80万568.94万02611国泰海通4.31%33.08万 485.03万00316东方海外国际4.00%3.90万449.71万01988民生银行3.86%115.80万434.52万00998中信银行 3.61%66.50万406.17万00857中国石油股份3.55%61.80万399.47万01088中国神华3.47%11.50万390.57万 01339中国人民保险集团3.44%62.30万387.34万 规模方面，截止12月12日，港股高股息ETF（159302）最新份额为1.03亿份，最新规模为 ...

来源：新浪基金∞工作室 12月3日，港股高股息ETF（159302）收盘跌0.66%，成交额1936.00万元。 港股高股息ETF（159302）成立于2024年8月23日，基金全称为银华中证港股通高股息投资交易型开放 式指数证券投资基金，基金简称为港股高股息ETF。该基金管理费率每年0.50%，托管费率每年0.10%。 港股高股息ETF（159302）业绩比较基准为中证港股通高股息投资指数收益率(经估值汇率调整)。 规模方面，截止12月2日，港股高股息ETF（159302）最新份额为9579.76万份，最新规模为1.30亿元。 回顾2024年12月31日，港股高股息ETF（159302）份额为1.09亿份，规模为1.21亿元。即该基金今年以 来份额减少11.95%，规模增加7.95%。 流动性方面，截止12月3日，港股高股息ETF（159302）近20个交易日累计成交金额3.54亿元，日均成 交金额1770.87万元；今年以来，223个交易日，累计成交金额29.14亿元，日均成交金额1306.93万元。 港股高股息ETF（159302）现任基金经理为张亦驰。张亦驰自2024年8月23日管理（或拟管理）该基 ...

来源：新浪基金∞工作室 最新定期报告显示，港股高股息ETF（159302）重仓股包括中远海控、兖煤澳大利亚、海丰国际、国泰 海通、东方海外国际、民生银行、中信银行、中国石油股份、中国神华、中国人民保险集团，持仓占比 如下。 11月21日，港股高股息ETF（159302）收盘跌1.83%，成交额2192.84万元。 股票代码股票名称持仓占比持仓股数（股）持仓市值（元）01919中远海控7.63%77.70万859.07万03668 兖煤澳大利亚5.59%25.51万628.83万01308海丰国际5.05%20.80万568.94万02611国泰海通4.31%33.08万 485.03万00316东方海外国际4.00%3.90万449.71万01988民生银行3.86%115.80万434.52万00998中信银行 3.61%66.50万406.17万00857中国石油股份3.55%61.80万399.47万01088中国神华3.47%11.50万390.57万 01339中国人民保险集团3.44%62.30万387.34万 港股高股息ETF（159302）成立于2024年8月23日，基金全称为银华中证港股通高 ...

港股高股息ETF（159302）现任基金经理为张亦驰。张亦驰自2024年8月23日管理（或拟管理）该基 金，任职期内收益41.98%。 最新定期报告显示，港股高股息ETF（159302）重仓股包括中远海控、兖煤澳大利亚、海丰国际、国泰 海通、东方海外国际、民生银行、中信银行、中国石油股份、中国神华、中国人民保险集团，持仓占比 如下。 来源：新浪基金∞工作室 11月14日，港股高股息ETF（159302）收盘跌1.41%，成交额1426.30万元。 港股高股息ETF（159302）成立于2024年8月23日，基金全称为银华中证港股通高股息投资交易型开放 式指数证券投资基金，基金简称为港股高股息ETF。该基金管理费率每年0.50%，托管费率每年0.10%。 港股高股息ETF（159302）业绩比较基准为中证港股通高股息投资指数收益率(经估值汇率调整)。 规模方面，截止11月13日，港股高股息ETF（159302）最新份额为8329.76万份，最新规模为1.18亿元。 回顾2024年12月31日，港股高股息ETF（159302）份额为1.09亿份，规模为1.21亿元。即该基金今年以 来份额减少23.44%，规模减少 ...

Core Insights - The central viewpoint of the article indicates that the central bank's third-quarter monetary policy report suggests a policy combination of "stable total volume and structural strength," which implies a need to moderately lower expectations for significant short-term monetary policy easing, leading to a relatively calm period for policies, data, and external environments in the near term, with the market likely to continue fluctuating [1][2][5] Monetary Policy - The central bank emphasizes a scientific approach to financial total indicators, aligning social financing scale and money supply growth with nominal economic growth, while acknowledging that a slightly lower loan growth rate is reasonable [2] - The report highlights the ongoing transformation of the monetary policy adjustment framework, focusing more on price-based regulation and enhancing the linkage between interest rate adjustments on banks' assets and liabilities, thereby supporting banks in stabilizing net interest margins and broadening the counter-cyclical adjustment space for monetary policy [2] Market Performance - As of November 11, 2025, the Hang Seng Tech Total Return Index has seen a cumulative increase of 33.88% this year, while the defensive Hang Seng High Dividend Index has outperformed the tech index, with a cumulative increase of 33.07% [3][5] - The maximum drawdown for the Hang Seng High Dividend Index is only 13.56%, compared to a maximum drawdown of 30.5% for the Hang Seng Tech Index, indicating a significantly better holding experience for high dividend stocks [3][5] Investment Strategy - Given the negative correlation observed between the Hang Seng Tech and high dividend stocks since October, investors in tech stocks may consider maintaining a focus on dividend stocks to reduce portfolio volatility [3][5] - The article suggests that in the context of the global AI investment phase and the high valuations in the stock market, dividend assets may continue to outperform tech stocks for a period [5]

来源：新浪基金∞工作室 10月21日，港股高股息ETF（159302）收盘涨0.15%，成交额827.98万元。 港股高股息ETF（159302）成立于2024年8月23日，基金全称为银华中证港股通高股息投资交易型开放 式指数证券投资基金，基金简称为港股高股息ETF。该基金管理费率每年0.50%，托管费率每年0.10%。 港股高股息ETF（159302）业绩比较基准为中证港股通高股息投资指数收益率(经估值汇率调整)。 最新定期报告显示，港股高股息ETF（159302）重仓股包括中远海控、兖煤澳大利亚、海丰国际、东方 海外国际、民生银行、中信银行、中国石油股份、国泰海通、农业银行、中国海洋石油，持仓占比如 下。 股票代码股票名称持仓占比持仓股数（股）持仓市值（元）01919中远海控8.68%73.25万911.16万03668 兖煤澳大利亚6.17%24.04万647.83万01308海丰国际4.28%19.60万449.54万00316东方海外国际4.23%3.65 万444.04万01988民生银行4.22%109.10万442.75万00998中信银行4.07%62.60万427.02万00857中国石油 ...

Core Insights - The Hong Kong High Dividend ETF (159302) closed up 1.30% on October 16, with a trading volume of 14.12 million yuan [1] - The fund was established on August 23, 2024, with an annual management fee of 0.50% and a custody fee of 0.10% [1] - As of October 15, 2024, the fund's latest share count was 84.80 million, with a total size of 111 million yuan, reflecting a decrease of 22.06% in shares and 8.55% in size since December 31, 2024 [1] Fund Performance - The current fund manager, Zhang Yichi, has managed the fund since its inception, achieving a return of 28.93% during his tenure [2] - The fund's performance benchmark is the China Securities Hong Kong Stock Connect High Dividend Investment Index [1] Holdings Overview - Major holdings in the fund include: - COSCO Shipping Holdings (8.68% of holdings) - Yancoal Australia (6.17%) - Seaspan Corporation (4.28%) - Orient Overseas International (4.23%) - Minsheng Bank (4.22%) - CITIC Bank (4.07%) - China Petroleum (3.41%) - Guotai Junan Securities (3.41%) - Agricultural Bank of China (3.30%) - CNOOC (3.19%) [2]

Core Viewpoint - The Hong Kong High Dividend ETF (159302) has shown a slight increase in its closing price and has experienced a decrease in both share count and total assets since the beginning of the year [1][2]. Fund Overview - The Hong Kong High Dividend ETF (159302) was established on August 23, 2024, with an annual management fee of 0.50% and a custody fee of 0.10% [1]. - As of September 10, 2024, the fund's latest share count is 87.8 million, and the total asset size is 117 million yuan [1]. - The fund's performance benchmark is the China Securities Hong Kong Stock Connect High Dividend Investment Index return (adjusted for valuation exchange rate) [1]. Performance Metrics - Year-to-date, the fund has seen a 19.30% decrease in share count and a 3.14% decrease in total assets compared to December 31, 2024 [1]. - Over the last 20 trading days, the cumulative trading amount is 217 million yuan, with an average daily trading amount of 10.84 million yuan [1]. - Since the beginning of the year, the cumulative trading amount over 170 trading days is 2.135 billion yuan, with an average daily trading amount of 12.56 million yuan [1]. Fund Management - The current fund managers are Li Yixuan and Zhang Yichi, both managing the fund since its inception, with a return of 33.32% during their tenure [2]. Top Holdings - The top holdings of the fund include: - COSCO Shipping Holdings: 8.68% of the portfolio - Yancoal Australia: 6.17% - Seaspan Corporation: 4.28% - Orient Overseas International: 4.23% - Minsheng Bank: 4.22% - CITIC Bank: 4.07% - China Petroleum: 3.41% - Guotai Junan: 3.41% - Agricultural Bank of China: 3.30% - CNOOC: 3.19% [2][3].

Core Viewpoint - The Hong Kong stock market is currently experiencing a key phase of performance verification and policy negotiation, with a focus on high dividend stocks as a favorable investment opportunity due to their absolute and relative returns [1][2]. Group 1: Market Performance - The Hong Kong high dividend ETF (159302) tracked an index that rose 0.11% today, with real-time trading volume exceeding 11 million [1]. - On March 24, 2025, the Hong Kong market showed narrow fluctuations, with high dividend stocks outperforming the technology sector [1]. - Notable performers among high dividend stocks included COSCO Shipping Holdings and China Shenhua Energy, both rising over 2%, while several banks and investment firms saw increases of over 1% [1]. Group 2: Investment Value - The high dividend sector is recognized for its stability and attractiveness across different market environments, particularly as it begins to attract risk-averse capital amid increasing uncertainties in overseas markets [2]. - Historical data indicates that the high dividend sector typically outperforms other sectors from mid-February to the end of April, providing additional confidence for investors [2]. - The current macroeconomic environment, including the impact of declining interest rates on insurance capital investment returns, enhances the valuation advantage of high dividend stocks, which offer stable cash flows and protection during market volatility [2]. Group 3: Product Focus - The Hong Kong high dividend ETF (159302) focuses on high dividend leading stocks within the Hong Kong Stock Connect, primarily concentrated in the financial and energy sectors [1]. - The ETF is currently trading at a discount of 0.65%, highlighting its cost-effectiveness in the market [1]. - Expectations of a dividend tax reform related to the Hong Kong Stock Connect may further benefit high dividend assets, as the premium of AH shares continues to rise [1].