In the Hong Kong stock market, high-dividend investment targets have always been favored by many investors. Not only can everyone receive regular dividends, but they can also “receive both financial benefits” when choosing high-quality stocks.

It is important to note that dividend rates are significantly affected by the life cycle of the industry, and traditional cyclical industries are prone to “high dividend traps”. Therefore, China Post Securities stated,“Medium Special Assessment” provides a valuation safety cushion for high dividend strategies.

Looking at the first half of the year, as industries such as manufacturing, finance, petroleum, petrochemical, and banking became the beneficiaries of “mid-valuation” concept stocks, central state-owned enterprises accounted for a relatively large share of these industries, were able to provide steady returns and high dividends, and were highly respected by institutional investors.

China Financial Research Report pointed out that Hong Kong stocks, central state-owned enterprises, and high dividends can be used as a combination point. By increasing the dividend rate, it can achieve multiple effects such as increasing ROE and achieving shareholder returns and value discovery.

Looking at the industry, the dividend rate of central enterprises in the telecommunications, energy, and industrial sectors is far higher than the average for other industries. At the same time, from the perspective of the comparison between the dividend rate and the dividend rate, the telecommunications and transportation sectors are more attractive.

According to Futu Niu Niu data, as of June 19,$CNOOC (00883.HK)$The dividend rate reached 12%, and the stock price has risen more than 20% since this year;$CHINA SHENHUA (01088.HK)$The dividend rate was over 11%, up more than 18% during the year;$SINOPEC CORP (00386.HK)$The dividend rate was over 8%, and the stock price also performed well during the year, with a cumulative increase of more than 30%.

Editor/Corrine