Heavy holdings of "three barrels of oil", the Hong Kong Stock Connect dividend ETF Guangfa surged on high volume.

On March 2nd, the Hong Kong Stock Connect Dividend ETF of GF surged in volume, rising by 1.08% by the close of the lunch break, with a turnover of 1.21 billion yuan. Among the top ten heavy-weighted stocks, PetroChina, Sinopec, and CNOOC all rose collectively. Guotai Junan Securities stated that with the rapidly changing situation in the Middle East, concerns about war, resource competition, and the ease and security of shipping are challenging investors' expectations of investing in China. In the past, during periods of weak confidence, the performance of the Chinese market in the face of geopolitical shocks has often been poor. However, stability is now the foundation of the Chinese economy and stock market, with limited impact on the index, and a positive outlook for China's stable and improving trend. CITIC Securities stated that the short-term difficulty in easing the US-Iran geopolitical conflict may lead to continued strong international oil prices and precious metal prices, with strategic assets expected to be at a premium in the long term. In terms of industries, focus can be placed on oil and petrochemicals, oil transportation, non-ferrous metals, defense industry, semiconductors, power equipment, and the AI industry chain. Data shows that the Hong Kong Stock Connect Dividend ETF of GF, in close tracking with the CSI Guoniu Hongdeng Index, heavily invests in the top three oil companies, the three major telecommunications operators, and leading central enterprises like China Shenhua, presenting a significant value style and defensive features. It provides investors with a convenient gateway to allocate Hong Kong dividend assets in one click, allowing for a balanced combination of stable returns and long-term value.