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Ping An of China CSI HK Dividend ETF Wins Again

In a remarkable feat, the Ping An of China CSI HK Dividend ETF (3070/9070), managed by Ping An of China Asset Management (Hong Kong) Company Limited (PAAMC HK), has been awarded the title of 'Best Performer' in the Equity - ETFs (NAV Total Return 1 Year) category at the Bloomberg Businessweek (Chinese Edition) Top Fund Awards for the second consecutive year. This prestigious recognition, awarded for the 2024 event, underscores the ETF's strong performance and reliability as a significant investment option.

Launched in February 2012, the HK Dividend ETF is notable for being the longest-running ETF in Hong Kong that concentrates on high-dividend yield stocks. It has continuously demonstrated robust performance, even amid fluctuating market conditions. As of December 2024, the ETF managed assets totaling HK$2.068 billion and boasted an impressive annual return of 36.03%. Moreover, since its inception, it has achieved annualized total returns of 8.5%, making it a preferred choice for investors aiming for high dividend yields.

The HK Dividend ETF is designed to track the performance of the CSI HK Dividend Index, which was established on July 23, 2009. This underlying index identifies and reflects the performance of the 30 high dividend-yielding securities within the Hong Kong market, selecting companies based on their size, liquidity, dividend stability, and yield.

Albert Wang, Head of Capital Markets and Chief Investment Officer at PAAMC HK, expressed his thoughts on the accolade: "It is truly an honor to be consistently recognized as Best Performer at the Bloomberg Businessweek Top Fund Awards. The underlying index of the HK Dividend ETF focuses on companies with significant sizes, high liquidity, and stable distributions, making it an appealing option for investors, especially during times of economic uncertainty and market volatility."

More than just an award-winning ETF, the HK Dividend ETF has been a participant in the Capital Investment Entrant Scheme (CIES) for over a decade. Additionally, it has been included in the Southbound-traded Stock Connect Scheme since July 2024, a move that enhances its accessibility and appeal to a broader range of investors.

The Bloomberg Businessweek Top Fund Awards are conducted using a rigorous, data-driven methodology sourcing data from Bloomberg Terminal to evaluate funds across different categories, such as Mutual Funds, ETFs, and Mandatory Provident Funds. This acknowledgment of the HK Dividend ETF reiterates its strong reputation in the financial community and among investors who prioritize dividend stability and income.

Looking ahead, PAAMC HK is dedicated to refining its investment offerings, targeted at meeting the dynamic needs of investors. With an emphasis on innovation, the firm aims to respond effectively to market trends while ensuring investor satisfaction.

The success of the Ping An of China CSI HK Dividend ETF serves as an excellent reminder of the vital role ETFs play in diversifying investment portfolios, particularly in markets characterized by volatility. By focusing on high dividend yields and excellent liquidity, the HK Dividend ETF stands out as a strategic tool for both seasoned and novice investors.

In conclusion, the consecutive recognition of the Ping An of China CSI HK Dividend ETF as the 'Best Performer' further cements its position as a leading fund in the Hong Kong investment landscape. Its focus on high-quality securities catering to dividend-focused investors makes it a significant asset in anyone's portfolio, particularly those looking for stability amidst economic fluctuations.