Ping An of China CSI HK Dividend ETF (03070.HK) Falls 0.42% Intraday; Declares Q3 Dividend of HK$1.03 per Unit

NewTimeSpace News: As of 14:22 on September 22, Ping An of China CSI HK Dividend ETF (03070.HK) fell 0.42% to a latest price of HK$42.660, with an opening price of HK$42.860, a high of HK$42.860, a low of HK$42.300, and an intraday amplitude of 1.31%. The ETF traded 49,500 shares with a turnover of HK$2.1033 million, an average price of HK$42.491, a premium rate of -0.74%, and a turnover rate of 0.16%. Its current net asset value per unit is HK$42.98, and its assets under management stand at HK$1.295 billion.(Note on scope: the net asset value per unit and assets under management are as of September 21, 2026; the premium rate is calculated on that net asset value against the 14:22 market price.)

On the news front, Ping An Asset Management (Hong Kong) on September 22 published a cash dividend announcement for the Ping An of China CSI HK Dividend ETF, declaring a third-quarter dividend of HK$1.03 per unit, with an ex-date of September 24, a record date of September 25 and a payment date of September 30; the fund's financial year-end is December 31, 2026.

Ping An of China CSI HK Dividend ETF (03070.HK) closely tracks the CSI Hong Kong Dividend Index. From securities listed on the Stock Exchange of Hong Kong, the index screens for those ranking in the top 50% by average daily turnover over the past year and with average daily turnover of no less than HK$50 million, in the top 50% by average daily total market capitalisation, and with a positive cash dividend yield for three consecutive years; it then selects the 30 securities with the highest average cash dividend yield over the past three years. It is weighted by adjusted market capitalisation with a 10% cap on individual constituents and is rebalanced once a year in December. The fund primarily adopts a replication strategy, investing directly in substantially all index constituents in broadly the same proportions as the index.

Huatai Securities believes that Hong Kong high-dividend assets still hold appeal for southbound funds but may be less attractive to foreign investors; the spread between the sector's dividend yield and China's 10-year government bond yield has narrowed from 4.2 percentage points to 3.6 percentage points, while the spread against the US 10-year Treasury has fallen to 0.5 percentage points, the lowest since 2013.

NewTimeSpace Disclaimer: All content herein is the original work of NewTimeSpace. Any reproduction, reprinting, or use of this content in any other manner must clearly indicate the source as "NewTimeSpace". NewTimeSpace and its authorized third-party information providers strive to ensure the accuracy and reliability of the data, but do not guarantee the absolute correctness thereof. This content is for reference only and does not constitute any investment advice. All transaction risks shall be borne by the user.