Dividend Funds Show Resilience as Investors Boost Defensive Allocations

Amid a market correction, dividend-paying assets have once again shown strong resilience. Recently, A-share markets have fluctuated, with technology growth sectors that had been active earlier coming under pressure, while high-dividend sectors such as banking and coal have held up relatively well, lifting the net asset values of several dividend-themed funds. Industry insiders said that as market risk appetite declines, public fund allocation strategies are gradually shifting from pursuing growth elasticity to focusing on earnings certainty, and the defensive value of low-volatility dividend assets will attract more attention. (Shanghai Securities News)