Guotai Haitong pointed out that against the backdrop of continuously improving market risk appetite and capital shifting from bonds to equity assets, dividend assets have attracted attention due to their stable cash flow and defensive attributes. Although financing demand and credit supply remain unbalanced, in an environment where risk-free interest rates continue to decline, some investors have begun rebalancing their asset allocations. The valuation advantages and high-dividend characteristics of the dividend sector may attract allocation demand.

The Dividend SOE ETF (510720) tracks the Shanghai State-Owned Dividend Index (000151), which selects high-dividend stocks from domestic listed companies as index components, covering multiple industries. The index focuses on companies with stable earnings, strong cash flows, and sustainable dividend-paying capabilities, reflecting an overall value-oriented investment style and aiming to represent the comprehensive performance of high-dividend listed securities.

Investors without stock accounts can consider Guotai SSE State-Owned Enterprise Dividend ETF Connect A (021701) and Guotai SSE State-Owned Enterprise Dividend ETF Connect C (021702).

Note: Any mentioned stocks are for reference only and do not constitute investment advice. Short-term performance and historical data of indices/funds are for analytical purposes only and do not indicate future performance. Market views may change with market conditions and do not constitute any investment advice or commitment. The indices mentioned are for reference only and do not constitute investment recommendations or guarantees of fund performance. When purchasing fund products, please choose those that match your risk tolerance. Funds carry risks; invest with caution.