The Hong Kong Stock Connect Dividend Low Volatility ETF, Hong Kong Stock Connect Central Enterprise Dividend 50 ETF, and Dividend Hong Kong Stock Connect ETF have risen, indicating that capital indeed favors low valuations in the fourth quarter.

During every round of market volatility, dividend and low-volatility assets always come to mind. ETFs such as the Hang Seng Dividend ETF (Guangfa), Hang Seng Dividend Low Volatility ETF, Hang Seng SOE Dividend ETF (Southern), Hang Seng Central Enterprise Dividend 50 ETF, Dividend Hong Kong Stock ETF, Hang Seng Dividend ETF (Fullgoal), and Hang Seng Dividend ETF all rose over 1%. Recently, a new round of trade negotiations between China and the U.S. has impacted market expectations and sentiment. The technology sector, which was the main driver of this uptrend, experienced a pullback, and the impressive gains from earlier may need short-term consolidation. Market risk appetite has declined somewhat, and there may be a relative rotation towards value and dividend-focused sectors. From the recent movements of southbound capital, high-dividend sectors have become relatively prominent.

Gelonghui FinanceOct 16 13:02