市场情绪下降时，投资者会更加关注确定性，这时候业绩相对较为稳定的高股息板块往往会受到投资者的青睐。当前来看，在市场情绪偏弱及经济弱复苏的背景下，高股息板块具有较高的配置价值。2023 is bound to be extraordinary. Opportunities and risks coexist in the global investment market — ChatGPT explodes, Nvidia's market capitalization exceeds trillion dollars, the European and American banking crisis, the conflict between Palestine and Israel... Cow friends are not only participants in the capital market, but also witnesses to the times.
Welcome to subscribe to the topic“Exclusive year-end inventory of Hong Kong and US stocks”Let's take a footnote on 2023 and welcome a more beautiful golden age together.
In a blink of an eye, it's the end of the year again. There are only 3 trading days left for Hong Kong stocks. Looking back at 2023, global uncertainty increased the volatility of the stock market. Under the influence of many factors, Hong Kong stocks generally fluctuated downward. As of December 22, the Hang Seng Index fell by 17% cumulatively, and the Hang Seng Technology Index fell by more than 14%.
When market sentiment declines, investors pay more attention to certainty. At this time, high-dividend sectors with relatively stable performance tend to be favored by investors. Looking at it now, in the context of weak market sentiment and weak economic recovery, the high-dividend sector has high allocation value.
According to Futubull data, as of December 22,$COSCO SHIP HOLD (01919.HK)$The dividend rate was as high as 26.15%, and the stock price has risen nearly 38% since this year; followed by$YANKUANG ENERGY (01171.HK)$, the dividend rate reached 20.78%, an increase of 17.64% during the year;$CHINA SHENHUA (01088.HK)$The dividend rate was over 11%, rising more than 32% during the year; the “three barrels of oil” also performed relatively well during periods of market turmoil.
The Guojin Securities Research Report also pointed out that high dividend strategies often clearly prevail during periods of market weakness or economic “slowdown”. During this period, they have characteristics such as high relative returns and low volatility, making them an important “safe haven” for equity asset investment. Value styles such as coal, public environmental protection, transportation, and petrochemicals have defensive characteristics such as abundant cash flow, undervaluation, and low volatility, and have become important components of high dividend strategies.
Editor/phoebe
