The S&P Dividend ETF closed up 0.38%. Institutions suggest focusing on dividend and other defensive assets at the current time

On March 10th, the S&P Dividend ETF closed up 0.38%, with a trading volume of 9.8345 million yuan. The constituent stocks showed mixed performance; on the upside, PACIFIC QUARTZ led the gains, followed by Pingmei Shenma Group; on the downside, CBEST led the losses, followed by Ping An Bank. Zhongtai Securities stated that after the Two Sessions, as various economic data is released, some investors may gradually shift from expectations to reality, leading to significant market volatility. At this point, it is recommended to focus on defensive assets such as bonds and dividends, as well as safe assets like gold, non-ferrous metals, military industry, and nuclear power. For the currently high-valued small and medium-sized technology sector, which is mainly driven by high-leverage funds, a moderate level of caution should be maintained. Additionally, considering the characteristics of this year's policies, if there are subsequent internal and external risk shocks, one can firmly position in this year's main line of the technology industry: the leading Hong Kong stocks in the Hang Seng Technology sector, including internet, computing power, and robotics