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亚洲一码二码区别在哪儿啊,揭示人性真实的那一面! - 怀亦网络
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电话:2025 柳州市(融安县、柳南区、鹿寨县、柳北区、融水苗族自治县、柳城县、柳江区、城中区、鱼峰区、三江侗族自治县)
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广西壮族自治区
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铜陵市(枞阳县、郊区、义安区、铜官区)
塔城地区(额敏县、乌苏市、塔城市、裕民县、和布克赛尔蒙古自治县、沙湾市、托里县)
河源市(龙川县、连平县、源城区、紫金县、和平县、东源县)
香港特别行政区
玉树藏族自治州(囊谦县、玉树市、治多县、称多县、杂多县、曲麻莱县)
武威市(天祝藏族自治县、民勤县、古浪县、凉州区)
乌海市(海勃湾区、乌达区、海南区)
汕尾市(陆河县、陆丰市、城区、海丰县)
甘南藏族自治州(玛曲县、卓尼县、舟曲县、夏河县、临潭县、碌曲县、合作市、迭部县)

  关税政策扰动下,避险情绪持续升温。得益于“高股息+低波动+逆周期属性”,红利类资产在本轮关税冲击中所展现出的较好韧性使其吸金不断。

  Wind数据显示,2025年4月3日至4月15日,目前A股市场两大红利主题ETF头部品种——红利ETF(510880)、红利低波ETF(512890)在关税风波升级背景下获资金放量抢筹,8个交易日累计分别吸金5亿元、8亿元。其中,红利低波ETF(512890)同期基金份额增长5.98亿份,是全市场仅有的基金份额增长超5亿份的红利主题ETF,自3月10日以来,已是连续第五周(2025/3/10-4/11)实现基金份额与规模的周度正增长,截至4月15日,最新基金规模156.09亿元,再创成立以来新高。(规模与份额数据来源:交易所)

  股息率方面,由于近期正处于上市公司发布2024年年度现金分红计划的密集披露期,红利ETF(510880)、红利低波ETF(512890)的标的指数红利指数、红利低波指数成份股已宣告的现金分红总额分别为3444亿元、4619亿元,分母端现金分红水平的大幅提升,带动标的指数股息率(近12个月)已高于近十年87.08%、87.54%的时间,来到6.56%、6.23%的历史较高水平。(数据来源:Wind、上市公司定期报告,现金分红数据截至2025/4/15,股息率数据区间2015/4/15-2025/4/15)

  中信证券研报指出,“对等关税”政策的实施直接引发全球资本避险模式,风险资产持续大幅下跌,避险资产或成较大赢家,关税风暴所带来的催化与红利基本面的坚实逻辑有望形成向上共振。(研报来源:中信证券-《固收视角如何看待当前红利资产的配置价值?》-2025/4/11)

  红利ETF(510880)、红利低波ETF(512890)的管理人华泰柏瑞基金是国内首批ETF管理人之一,拥有超过18年红利指数运营管理经验。交易所数据显示,截至2025年4月15日,旗下红利类ETF管理规模合计超405亿元。

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