In the first eight months of this year, the overall performance of the high-dividend sector was poor. However, in September, there was a phased and fine-tuning of the market style, the overall risk appetite for A-shares subsided, capital began to be allocated additional deterministic assets, and the high-dividend sector ushered in a phased recovery of the market. As of September 14, companies in the A-share market in the three industries of banking, transportation, and utilities have risen slightly on average since this year. Among the 3 industries mentioned above, 24 companies had a cumulative increase of more than 30% during the year, and 5 companies, including Huadian Lioneng, Yuneng Holdings, and Huadian Energy, had a cumulative increase of more than 100% during the year. Since September, 86 companies have received additional positions from financiers in the above 3 industries. Of these, 37 have increased their positions by more than 5%, while companies such as Tuori Xinneng and Kaitian Gas have increased their positions by more than 25%. Of the 37 companies mentioned above, 13 had their latest dividend rate of at least 3%, and 6 companies received financing increases of more than 10%, including the Wantong Expressway, Guangdong Expressway A, and Shandong Expressway.

In the first eight months of this year, the overall performance of the high-dividend sector was poor. However, in September, there was a phased and fine-tuning of the market style, the overall risk appetite for A-shares subsided, capital began to be allocated additional deterministic assets, and the high-dividend sector ushered in a phased recovery of the market. As of September 14, companies in the A-share market in the three industries of banking, transportation, and utilities have risen slightly on average since this year. Among the 3 industries mentioned above, 24 companies had a cumulative increase of more than 30% during the year, and 5 companies, including Huadian Lioneng, Yuneng Holdings, and Huadian Energy, had a cumulative increase of more than 100% during the year. Since September, 86 companies have received additional positions from financiers in the above 3 industries. Of these, 37 have increased their positions by more than 5%, while companies such as Tuori Xinneng and Kaitian Gas have increased their positions by more than 25%. Of the 37 companies mentioned above, 13 had their latest dividend rate of at least 3%, and 6 companies received financing increases of more than 10%, including the Wantong Expressway, Guangdong Expressway A, and Shandong Expressway.