Global X Hang Seng High Dividend Yield ETF (03110.HK) Rises 0.41% Intraday as Hong Kong Payout Ratios Climb

NewTimeSpace News: As of 14:24 on October 13, the Global X Hang Seng High Dividend Yield ETF (03110.HK) rose 0.41% to a latest price of HK$29.640. The ETF has traded 527,569 shares so far today for a turnover of HK$15.5966 million at an average price of HK$29.563, with a turnover rate of 0.26%. It is up 0.34% so far this week. Its current net asset value per unit is HK$29.49, and its assets under management stand at HK$5.966 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$29.540 on October 9.)

On the news front, the dividend-paying behaviour of Hong Kong-listed companies has improved systematically. Jiemian News reported on October 13, citing Industrial Securities data, that the average number of dividend payments by Hong Kong-listed payers rose from 1.41 in 2020 to 1.54 in 2026, the highest in nearly a decade, while the median payout ratio climbed from 34.4% in 2016 to 42.3% in 2025, an increase of 7.9 percentage points. Over the same period, the share of equities classified as fair value through other comprehensive income (FVOCI) in the total equity holdings of seven listed Chinese insurers rose from 40.6% at the start of the year to 46.2%, a record high.

Global X Hang Seng High Dividend Yield ETF (03110.HK) closely tracks the Hang Seng High Dividend Yield Index. Compiled by Hang Seng Indexes Company and launched on December 10, 2012, the index draws its universe from large- and mid-cap constituents of the Hang Seng Composite Index and from constituents of the Hang Seng REIT Index; eligible securities must have paid cash dividends for three consecutive financial years, and those in the top 25% by one-year historical volatility or down more than 50% over the past 12 months are excluded, with the top 50 by net dividend yield then selected. The index is weighted by net dividend yield, with a 10% cap on individual constituents.

Hua Chuang Securities believes the policy environment for the banking sector has shifted from "squeezing profits" to "stabilising profitability", with banks moving from a role of conceding profits to one of stable earnings.

Summary: Global X Hang Seng High Dividend Yield ETF (03110.HK) rose 0.41% on Oct 13; HK payout ratios rose. Hua Chuang Securities sees banks pivoting to stable profit.