Fubon High Div(03190.HK) up 1.14%, insurers cleared for HK Connect ETF

NewTimeSpace News: As of 11:08 HKT on October 8, 2026, the Fubon Hang Seng Shanghai-Shenzhen-Hong Kong (Selected Corporations) High Dividend Yield Index ETF (03190.HK) traded at HKD 16.890, up 1.14%, with a turnover of HKD 2.2872 million and a turnover rate of 0.24%.

NewTimeSpace has learned that the ETF is managed by Fubon Fund Management (Hong Kong) and tracks the Hang Seng Shanghai-Shenzhen-Hong Kong (Selected Corporations) High Dividend Yield Index. As of 11:08 HKT on October 8, it had assets of HKD 889 million, a unit NAV of HKD 16.756, a dividend yield of 6.81% and a board lot of 200 shares.

Economic Information Daily reported that several insurers received a letter clarifying the regulatory treatment of insurance funds investing in Stock Connect ETFs, allowing insurers eligible to invest in southbound stocks to buy such ETFs, effective from September 20. 

HTSC said in a research note that excess returns on dividend assets have narrowed since September with sharper internal divergence, investors are focusing more on earnings delivery, valuation and dividend sustainability.

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.