Defensive dividend strategy gains traction: Ping An Hong Kong High Dividend ETF surges over 15% in a month amid market turmoil

Stock News07-30

Data from Zhitong Finance shows that the Ping An Hong Kong High Dividend ETF (03070) has been climbing steadily since the start of the month, with a cumulative gain of over 15% in the period. As of press time, it rose 1.58% to HKD 42.46, with a trading volume of HKD 9.6364 million.

On the news front, the resurgence of the US-Iran conflict has sent Brent crude oil prices soaring, raising expectations of a Federal Reserve rate hike and dampening risk appetite in capital markets. Funds have been shifting from the technology sector to high-dividend defensive plays.

A fund manager noted that looking ahead to the third quarter of 2026, the allocation value of the dividend sector may warrant close attention, with both short-term and medium-term logic supported by solid fundamentals.

Public information shows that the Ping An CSI Hong Kong High Dividend ETF, launched by Ping An Asset Management (Hong Kong) Co., Ltd., was listed on the Hong Kong Stock Exchange on February 10, 2012. It tracks the CSI Hong Kong Dividend Index, focusing on 30 Hong Kong stocks with high dividend yields and stable payouts, covering sectors such as finance, energy, and real estate.

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