HK Bear Market, DCA This ETF.

MilkTeaBro
06-30 19:44

My portfolio declined by SGD 33,000 in June 2026, representing a 5.6% loss. Despite this setback, year-to-date dividends remain strong at SGD 13,000.

My core portfolio consists of Singapore and Hong Kong high-dividend stocks, complemented by a satellite portfolio in Hang Seng Technology stocks.

Right now, it feels like Hong Kong stocks have entered a bear market, largely because AI hardware is sucking up all the global capital. While I missed out on the AI rally, I have no intention of chasing it at these levels.

Instead, I’m sticking to my strategy and adding to my dividend positions. I also recently started a new position in the Global X Hang Seng High Dividend Yield ETF (03110), and my current plan is to dollar-cost average (DCA) into this ETF throughout the bear market.

To fund this, I redeemed SGD 15,000 from my Singapore Savings Bonds (SSB) in June, which will hit my savings account on July 2nd. I may redeem more SSB in July as well.

I’ve been building this dividend portfolio since 2022, right when the US Federal Reserve began sharply hiking interest rates. By consistently DCA-ing into undervalued ETFs, I can navigate this bear market without fear.

$GX HS HIGHDIV(03110)$  

$Amova-STC Asia REIT(CFA.SI)$  

$TRACKER FUND(02800)$  

@TigerStars Please give me a 'Picked'.





Mid-Year 2026 Review: US Stocks Best Quarter Since 2020! What Leads in H2?
The S&P 500 rose 1.65%, with the Nasdaq and Dow also hitting fresh records, locking in the strongest quarterly performance since 2020. U.S.-Iran tensions reduce geopolitical risk, coupled with rising rate-cut expectations driving capital rotation out of gold and other safe havens into risk assets. High-beta tech, space, and semiconductor stocks surged in the risk-on environment. With valuations and sentiment both elevated following the quarter-end highs, can the rally extend into H2? Do you see this as the launchpad for new highs, or the right moment to take profits?
Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

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