The domestic demand policy is expected to gain momentum, and in the short term, it can shift towards dividend sectors that still offer high cost-performance ratios. The S&P Dividend ETF welcomes a good opportunity for allocation

On April 9th, by the end of the morning session, the S&P Dividend ETF fell by 0.58%, with a transaction volume of 19.3803 million yuan. The constituent stocks showed mixed performance; on the upside, PACIFIC QUARTZ led the gains, followed by Chongqing Department Store; on the downside, Aopu Technology led the declines, with Shuangliang Energy following. BOCIC stated that market risk aversion may accelerate in the short term, and risk assets generally face adjustment pressure. In addition, under the great power competition, the A-share market may be under pressure in the short term, but with weak export expectations, domestic demand policies are expected to strengthen, and the allocation direction may shift in the short term towards dividend sectors with relatively high cost-effectiveness and consumption sectors with policy expectations or economic catalysts, such as hydropower, emerging consumption, pharmaceuticals, and the pig cycle