CSOP FTSE East-West Equity Select ETF (03441.HK) Rises 1.10% Intraday as Dividend Fund Assets Top RMB420 Billion

NewTimeSpace News: As of 14:09 on October 13, the CSOP FTSE East-West Equity Select ETF (03441.HK) rose 1.10% to a latest price of HK$13.790. The ETF has traded 2.905 million shares so far today for a turnover of HK$39.8595 million at an average price of HK$13.721. It is up 1.32% so far this week. Its current net asset value per unit is HK$13.61, and its assets under management stand at HK$2.62 billion.

(Note on scope: the net asset value per unit and assets under management are as of October 12, 2026; the week-to-date change is measured against the closing price of HK$13.610 on October 9.)

On the news front, appetite for high-dividend assets has continued to build. On October 13 that a number of existing dividend funds issued purchase-cap notices after the National Day holiday, with several capping daily subscriptions at RMB1 million; as of October 12, total assets of dividend funds in the Chinese market had exceeded RMB420 billion, reaching RMB422.807 billion, up 20.58% from a year earlier, with 54 such products newly launched this year. Market analysts attributed the trend to capital rotating out of high-flying technology shares into low-valuation dividend plays, reflecting short-term risk aversion and a style rebalancing.

CSOP FTSE East-West Equity Select ETF (03441.HK) closely tracks the FTSE ETF Connect East-West Succession Equity Select Index (net total return version). Designed under the HKEX ETF Connect framework, the index allocates about 65% of its weight to the 23 largest Hong Kong-listed high-dividend stocks eligible under Southbound Shanghai and Shenzhen Stock Connect and 35% to the top 100 large-cap US stocks selected by free cash flow yield; it is weighted by freefloat-adjusted market capitalisation, with weight caps of 65% and 35% for Hong Kong-listed and US-listed securities respectively.

Morgan Stanley believes that ahead of the US third-quarter earnings season investors should stay with quality US stocks whose earnings per share keep improving, saying valuation de-rating has created a better entry point for quality cyclicals; the market is increasingly favouring companies with upward earnings revisions, strong free cash flow and resilient profits, while the real risk lies in another sharp rise in real yields triggering bond-market volatility.