Dividend Season Guide: May brings a wave of dividends, with the highest payout reaching 1,638 Hong K
Following NVIDIA's earnings report, US stocks fell nearly 6%, showing mixed performance. After a meeting of the Political Bureau of the CPC Central Committee announced more active and effective macroeconomic policies, mainland A-shares performed well. The Hong Kong stock market regained momentum today, opening 66 points higher but then dropping to an intra-day low of 26,375 points. It rebounded steadily thereafter, reaching an intra-day high of 26,701 points before closing. The index fluctuated by 326 points throughout the day, closing up 249 points or 0.95% at 26,630 points, with a total market turnover of HKD 288.4 billion. The Hang Seng Tech Index closed at 5,137 points, up 28 points or 0.56%, with a turnover of HKD 71.4 billion; the Hang Seng China Enterprises Index rose 45 points or 0.51%, closing at 8,859 points with a turnover of HKD 90.7 billion. Among blue chips, 62 stocks rose, 24 fell, and 2 remained unchanged, with a total turnover of HKD 111.8 billion, accounting for 38.78% of the overall market turnover.
Local property stocks posted good results, with Sun Hung Kai Properties $SHK PPT (00016.HK)$ reporting a 36.2% year-on-year increase in interim net profit, and revenue rising 32%. The interim dividend was 98 cents, up around 3% year-on-year. Its share price increased by HKD 9.7 or 7.12%, making it the best-performing blue chip of the day, closing at HKD 146. Other local property stocks also rose; New World $NEW WORLD DEV (00017.HK)$ rose HKD 0.38 or 3.63% to close at HKD 10.86. After the market closed, it reported a narrowed interim loss to HKD 3.73 billion and did not issue an interim dividend; Cheung Kong Holdings $CK ASSET (01113.HK)$ Closed at HKD 49.78, up HKD 1.72 or 3.58%; Henderson Land $HENDERSON LAND (00012.HK)$ Closed at HKD 35.44, up HKD 1 or 2.91%; Hang Lung Properties $HANG LUNG PPT (00101.HK)$ Up HKD 0.38 or 3.84%, closing at HKD 10.27. China Hongqiao $CHINAHONGQIAO (01378.HK)$ Fell 1.66% for the day, closing at HKD 35.46, making it the worst-performing blue-chip stock of the day.
The MSCI China Index underwent a re-adjustment, which took effect after today's market close. SenseTime $SENSETIME-W (00020.HK)$ , Pony AI $PONY-W (02026.HK)$ , and Yangtze Optical Fibre and Cable $YOFC (06869.HK)$ ) and Hesai ( $HESAI-W (02525.HK)$ Were added to the index, with their share prices showing strong performance today. Yangtze Optical Fibre and Cable $YOFC (06869.HK)$ Surged HKD 13.6 or 10.06%, hitting a record high and closing at HKD 148.8; Pony AI $PONY-W (02026.HK)$ Rose HKD 10.8 or 10.03%, closing at HKD 118.5; SenseTime $SENSETIME-W (00020.HK)$ SenseTime announced the launch of a brand-new AI beautification tool, with its stock price rising 0.12 yuan or 4.92% to close at 2.56 yuan; Hesai $HESAI-W (02525.HK)$ rose 9.2 yuan or 4.37%, closing at 219.6 yuan.
Tesla ( $Tesla (TSLA.US)$ ) officially announced on its Weibo account earlier this month that the third-generation humanoid robot Optimus V3 is about to debut. Johnson Electric Holdings, which has entered the humanoid robot component sector and is collaborating with well-known domestic and overseas humanoid robot manufacturers, saw its stock price rise 4.6 yuan or 17.4%, closing at 31.04 yuan. $JOHNSON ELEC H (00179.HK)$
Reports indicate that the rare earth shortage faced by the U.S. aerospace and semiconductor supply chains continues to worsen. Rising tungsten prices have driven up the prices of special steel and stainless steel, coupled with slow post-holiday resumption of operations across steel mills, improving supply-demand dynamics. The steel sector rose, with Maanshan Iron & Steel Co. $MAANSHAN IRON (00323.HK)$ rising 0.17 yuan or 6.61%, closing at 2.74 yuan; Angang Steel $ANGANG STEEL (00347.HK)$ ) increasing 0.11 yuan or 5.39%; Green Economy $GREEN ECONOMY (01315.HK)$ up 0.006 yuan or 5.04%, closing at 0.125 yuan; Chongqing Iron & Steel Co. $CHONGQING IRON (01053.HK)$ rose 0.05 yuan or 4.1%, closing at 1.27 yuan.
Reports indicate that Indonesia's coal mining companies have suspended spot coal exports due to reduced production quotas, drawing significant market attention. The price advantage of overseas coal has diminished, and expectations of import constraints are providing favorable support to domestic coal prices. Coal stocks extended gains in the afternoon, with China Shenhua $CHINA SHENHUA (01088.HK)$ rising 1.74 yuan or 4.03%, closing at 44.96 yuan; China Qinfa $CHINA QINFA (00866.HK)$ climbing 0.28 yuan or 8.09%, to 3.74 yuan; China Coal Energy (1898) jumping 0.83 yuan or 6.82%, to 13 yuan, hitting a 3-year high; Yanzhou Coal Australia $YANCOAL AUS (03668.HK)$ advancing 1.42 yuan or 4.46%, to 33.28 yuan; Yanzhou Energy $YANKUANG ENERGY (01171.HK)$ gaining 0.55 yuan or 4.09%, to 14 yuan.
In terms of funds, the China Asset Asia High Dividend ETF $ChinaAMC Asia High Dividend ETF (03145.HK)$ saw some pullback today, falling 0.13 yuan or 0.82%, closing at 15.67 yuan. This ETF has maintained an upward trend year-to-date, with a historical high of 15.93 yuan. The index tracked by this ETF is the 'Bloomberg Asia Pacific High Dividend 40 Index,' which has volatility comparable to the S&P 500 Index and is relatively more controllable compared to similar funds. Its components are spread across more than 10 regions in the Asia-Pacific area, covering leading Asian firms from various sectors such as finance, energy, industrials, and technology, including COSCO Shipping Energy $COSCO SHIP ENGY (01138.HK)$ , AIA $AIA (01299.HK)$ , and China Construction Bank $CCB (00939.HK)$ , helping to diversify investment risks.
The selected stocks have been evaluated by analysts, allowing investors to achieve stable dividend returns through investing in the ETF, while also benefiting from the ETF's price appreciation. This ETF has achieved an annualized return of over +17% in the past three years, and its target annualized dividend payout has increased to 8%. It aims for stable monthly dividend payouts, with the recent ex-dividend date set for March 11, 2026, and an estimated dividend of 0.1 Hong Kong dollars per share. Investors looking for long-term, stable monthly income, as well as diversification across high-yield Asian stocks, may consider this ETF. At the same time, investors should be mindful of fluctuations in the dividend yield and any concentration risk within its holdings.
Risk Disclaimer: The above content only represents the author's view. It does not represent any position or investment advice of Futu. Futu makes no representation or warranty.Read more
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