入选因子 股息率 + 低波动性
样本 93 只成分股
指数截至 2026-08-31
权重区间 近1年回报

多因子动量研究

Multi-Factor Momentum Research
排名分规则与因子构成根据公开资料整理,再以公开单因子指数回报率为权重,合成最终加权排名。
最新排名 方法论 · 第1–3步 组合表现
1
China Mobile Limited
0941.HK · 通讯
94.87加权分
股息 92.5低波 98.1
2
Link Real Estate Investment Trust
0823.HK · 金融
87.07加权分
股息 91.4低波 81.3
3
China Telecom Corp. Ltd. Class H
0728.HK · 通讯
85.81加权分
股息 90.3低波 79.8
共 93 只
#股票 加权分总排名分 价值股息率成长质量动量规模低波动性 PE股息率ROE Beta市值
1 China Mobile Limited
0941.HK · 通讯
94.87 100.0 69.792.537.362.338.29.798.1 11.68 6.64% 9.11% 0.28 1.73万亿
2 Link Real Estate Investment Trust
0823.HK · 金融
87.07 98.9 41.791.446.758.954.871.081.3 6.46% -4.72% 0.65 102亿
3 China Telecom Corp. Ltd. Class H
0728.HK · 通讯
85.81 97.8 73.890.325.953.736.723.779.8 13.44 6.23% 6.34% 0.49 645亿
4 China Unicom (Hong Kong) Limited
0762.HK · 通讯
85.73 96.8 61.9100.022.744.316.254.866.7 9.74 8.25% 4.23% 0.70 171亿
5 WH Group Ltd. (HK)
0288.HK · 非耐用消费品
84.84 95.7 64.998.936.657.142.975.366.0 7.93 7.74% 13.96% 0.58 95亿
6 Hengan International Group Co., Ltd.
1044.HK · 非耐用消费品
81.58 94.6 77.693.543.956.435.998.965.6 9.33 7.01% 11.08% 0.61 26亿
7 CNOOC Limited
0883.HK · 能源矿产
81.44 93.5 72.978.564.769.781.310.885.4 7.69 5.03% 16.79% 0.37 1.25万亿
8 Power Assets Holdings Limited
0006.HK · 公用事业
81.31 92.5 67.769.964.090.673.063.496.6 7.05 4.70% 18.64% 0.22 128亿
9 China Resources Power Holdings Co. Ltd.
0836.HK · 公用事业
81.21 91.4 64.387.139.643.459.473.173.3 7.23 5.90% 11.70% 0.58 97亿
10 Budweiser Brewing Co. APAC Ltd.
1876.HK · 非耐用消费品
81.12 90.3 38.596.822.450.725.879.660.2 18.42 7.19% 5.46% 1.00 79亿
11 China Shenhua Energy Co. Ltd. Class H
1088.HK · 能源矿产
79.81 89.2 52.074.259.170.086.212.987.3 14.52 4.93% 13.47% 0.35 1.18万亿
12 Sinopharm Group Co., Ltd. Class H
1099.HK · 配送服务
79.38 88.2 72.576.340.134.228.893.583.4 6.09 4.96% 8.50% 0.48 48亿
13 Hong Kong & China Gas Co. Ltd.
0003.HK · 公用事业
78.30 87.1 33.572.049.042.855.361.386.7 20.88 4.75% 10.81% 0.49 135亿
14 Midea Group Co. Ltd. Class H
0300.HK · 耐用消费品
77.97 86.0 49.577.452.863.078.720.478.7 15.36 4.98% 20.62% 0.66 769亿
15 China Construction Bank Corporation Class H
0939.HK · 金融
77.91 84.9 82.273.146.934.079.24.384.3 6.34 4.80% 9.72% 0.48 2.56万亿
16 China Petroleum & Chemical Corporation Class H
0386.HK · 能源矿产
77.78 83.9 77.071.038.736.263.221.586.9 14.53 4.73% 4.24% 0.47 733亿
17 Hang Lung Properties Limited
0101.HK · 金融
77.66 82.8 30.895.735.444.938.996.853.5 21.37 7.18% 1.22% 1.12 36亿
18 Industrial and Commercial Bank of China Limited Class H
1398.HK · 金融
77.35 81.7 81.569.948.042.581.02.287.3 6.56 4.70% 9.31% 0.47 3.20万亿
19 PetroChina Co., Ltd. Class H
0857.HK · 能源矿产
77.33 80.6 63.780.665.955.684.15.472.9 9.40 5.18% 11.05% 0.55 2.37万亿
20 CLP Holdings Limited
0002.HK · 公用事业
76.85 79.6 49.561.334.452.575.850.597.6 18.12 4.07% 10.03% 0.28 199亿
21 Bank of China Limited Class H
3988.HK · 金融
76.18 78.5 83.065.649.943.586.67.590.3 6.46 4.58% 8.84% 0.39 2.26万亿
22 CK Infrastructure Holdings Limited
1038.HK · 公用事业
74.88 77.4 71.059.167.772.581.457.095.9 6.42 4.02% 18.43% 0.20 156亿
23 CITIC Limited
0267.HK · 金融
73.59 76.3 72.079.662.328.570.932.365.6 5.65 5.14% 7.78% 0.69 383亿
24 ENN Energy Holdings Limited
2688.HK · 公用事业
72.77 75.3 64.389.243.952.219.790.350.8 8.00 6.15% 13.05% 1.11 56亿
25 Shenzhou International Group Holdings Limited
2313.HK · 非耐用消费品
72.72 74.2 67.597.820.160.910.591.439.1 10.90 7.28% 12.12% 1.03 53亿
26 BOC Hong Kong (Holdings) Limited
2388.HK · 金融
71.39 73.1 53.362.440.949.994.725.883.4 13.19 4.17% 11.79% 0.52 557亿
27 MTR Corporation Limited
0066.HK · 运输
70.80 72.0 50.560.255.251.972.049.584.9 8.68 4.03% 11.68% 0.49 201亿
28 Haier Smart Home Co., Ltd. Class H
6690.HK · 耐用消费品
70.67 71.0 75.375.325.356.325.643.064.5 9.78 4.94% 15.14% 0.94 217亿
29 Ping An Insurance (Group) Company of China, Ltd. Class H
2318.HK · 金融
67.42 69.9 90.882.869.857.055.215.146.9 5.73 5.36% 16.10% 1.44 1.11万亿
30 China Hongqiao Group Ltd.
1378.HK · 非能源矿业
65.81 68.8 76.894.644.368.537.741.927.3 7.59 7.02% 22.44% 1.20 224亿
31 Orient Overseas (International) Limited
0316.HK · 运输
65.09 67.7 75.583.922.562.675.469.940.0 10.16 5.70% 9.43% 0.86 104亿
32 China Resources Beer (Holdings) Co. Ltd.
0291.HK · 非耐用消费品
64.88 66.7 39.884.921.043.416.188.238.1 18.69 5.81% 8.04% 1.26 63亿
33 HSBC Holdings Plc
0005.HK · 金融
64.50 65.6 47.551.657.540.697.83.281.7 14.77 3.67% 14.11% 0.65 2.79万亿
34 Sands China Ltd.
1928.HK · 消费者服务
63.28 64.5 36.682.836.269.618.567.737.2 16.26 5.36% 72.88% 1.31 114亿
35 CK Asset Holdings Limited
1113.HK · 金融
62.69 63.4 73.153.876.953.276.355.974.6 11.91 3.88% 3.33% 0.55 159亿
36 Haidilao International Holding Ltd.
6862.HK · 消费者服务
61.75 62.4 47.788.239.266.433.087.126.5 13.84 5.94% 41.53% 1.57 65亿
37 Galaxy Entertainment Group Limited
0027.HK · 消费者服务
61.39 61.3 38.164.548.269.724.458.157.2 13.61 4.43% 13.05% 0.94 150亿
38 Henderson Land Development Co. Ltd.
0012.HK · 金融
59.76 60.2 31.463.464.844.548.262.454.8 19.47 4.35% 2.12% 0.93 130亿
39 China Merchants Bank Co., Ltd. Class H
3968.HK · 金融
59.67 59.1 73.566.740.955.459.911.850.3 7.67 4.63% 13.47% 1.25 1.20万亿
40 Tingyi (Cayman Islands) Holding Corp.
0322.HK · 非耐用消费品
58.91 58.1 55.550.557.163.064.383.970.1 13.33 3.59% 36.06% 0.39 72亿
41 CK Hutchison Holdings Ltd
0001.HK · 零售行业
58.73 57.0 90.347.372.051.887.337.674.0 7.01 3.30% 6.67% 0.60 270亿
42 Chow Tai Fook Jewellery Group Limited
1929.HK · 耐用消费品
53.00 55.9 49.954.862.859.739.264.550.5 14.16 3.97% 32.38% 0.74 128亿
43 Laopu Gold Co. Ltd. Class H
6181.HK · 耐用消费品
52.76 54.8 54.287.178.671.34.884.96.9 8.85 5.90% 65.14% 1.58 70亿
44 Sun Hung Kai Properties Limited
0016.HK · 金融
52.31 53.8 61.543.064.265.484.234.464.7 14.91 3.10% 3.59% 0.69 337亿
45 Nongfu Spring Co., Ltd. Class H
9633.HK · 非耐用消费品
51.23 52.7 25.235.568.875.726.330.172.3 24.47 2.60% 49.56% 0.48 484亿
46 Li Ning Company Limited
2331.HK · 非耐用消费品
51.08 51.6 55.167.746.360.723.197.828.8 10.25 4.66% 10.76% 1.54 35亿
47 ZTO Express (Cayman), Inc. Class A
2057.HK · 运输
47.37 50.5 61.741.972.568.972.565.654.6 11.56 3.04% 16.04% 1.08 125亿
48 Wharf Real Estate Investment Company Limited
1997.HK · 金融
46.77 49.5 18.757.026.251.388.276.333.1 4.00% -1.11% 0.97 94亿
49 China Resources Land Limited
1109.HK · 金融
44.90 48.4 63.458.124.034.548.245.227.3 7.85 4.01% 8.13% 1.18 214亿
50 ANTA Sports Products Ltd.
2020.HK · 非耐用消费品
44.64 47.3 54.844.156.177.425.544.145.4 12.34 3.17% 24.16% 1.09 216亿
51 Hong Kong Exchanges & Clearing Ltd.
0388.HK · 金融
44.11 46.2 23.939.873.753.539.826.949.9 26.01 2.95% 33.69% 1.38 538亿
52 China Mengniu Dairy Company Limited
2319.HK · 非耐用消费品
42.58 45.2 36.645.226.336.572.486.039.1 32.47 3.25% 4.67% 1.08 70亿
53 AIA Group Limited
1299.HK · 金融
42.33 44.1 53.334.471.152.850.819.452.9 12.74 2.56% 19.61% 1.00 789亿
54 CSPC Pharmaceutical Group Limited
1093.HK · 健康科技
42.12 43.0 43.741.981.473.253.868.842.4 12.59 3.04% 21.04% 0.71 106亿
55 China Overseas Land & Investment Limited
0688.HK · 金融
41.83 41.9 84.155.929.734.639.060.223.0 10.67 3.98% 2.85% 1.26 137亿
56 JD.com, Inc. Class A
9618.HK · 零售行业
40.99 40.9 65.249.529.437.136.336.629.7 18.74 3.54% 6.67% 1.62 270亿
57 Netease Inc
9999.HK · 科技服务
40.61 39.8 39.133.343.785.531.924.750.3 16.76 2.46% 20.36% 0.79 613亿
58 Contemporary Amperex Technology Co., Limited Class H
3750.HK · 制造业
40.37 38.7 26.915.188.666.894.78.674.2 28.29 0.58% 24.96% -0.14 2.01万亿
59 Aluminum Corporation of China Limited Class H
2600.HK · 配送服务
39.83 37.6 80.248.471.963.267.152.728.4 7.54 3.47% 22.32% 1.22 184亿
60 New Oriental Education & Technology Group, Inc.
9901.HK · 消费者服务
39.68 36.6 36.830.174.551.378.982.852.5 19.67 2.06% 12.40% 0.84 72亿
61 China Life Insurance Co. Ltd. Class H
2628.HK · 金融
39.12 35.5 66.947.392.354.079.514.028.2 3.08 3.30% 41.33% 1.24 1.16万亿
62 Xinyi Glass Holdings Limited
0868.HK · 耐用消费品
38.42 34.4 70.152.720.868.458.195.719.4 11.82 3.77% 7.97% 1.44 39亿
63 Techtronic Industries Co., Ltd.
0669.HK · 耐用消费品
37.99 33.3 38.128.054.969.788.539.851.4 23.51 1.90% 18.48% 0.77 247亿
64 Lenovo Group Limited
0992.HK · 电子科技
37.03 32.3 37.422.650.642.798.433.356.3 75.82 1.30% 11.28% 0.39 373亿
65 Trip.com Group Ltd.
9961.HK · 消费者服务
35.46 31.2 70.816.170.568.99.740.961.3 7.06 0.67% 20.04% 0.99 233亿
66 J&T Global Express Limited
1519.HK · 运输
35.09 30.1 36.112.985.640.252.577.464.7 30.84 0.00% 9.92% 0.40 93亿
67 China Resources Mixc Lifestyle Services Ltd.
1209.HK · 金融
33.92 29.0 34.638.759.769.246.378.527.5 18.91 2.88% 26.53% 1.45 89亿
68 Sino Biopharmaceutical Limited
1177.HK · 健康科技
30.99 28.0 35.524.732.338.223.874.239.4 34.54 1.79% 7.47% 0.85 97亿
69 Geely Automobile Holdings Limited
0175.HK · 耐用消费品
30.94 26.9 72.736.659.249.847.651.623.4 10.21 2.77% 17.97% 1.41 191亿
70 Zijin Mining Group Co., Ltd. Class H
2899.HK · 非能源矿业
30.79 25.8 49.032.386.070.889.416.128.8 13.29 2.41% 39.15% 1.14 1.03万亿
71 Tencent Holdings Ltd
0700.HK · 科技服务
30.19 24.7 41.720.459.268.715.31.143.2 15.60 1.16% 20.75% 1.27 4.09万亿
72 BYD Electronic (International) Co., Ltd.
0285.HK · 电子科技
29.82 23.7 56.617.221.441.215.389.246.7 24.64 0.72% 6.43% 0.69 61亿
73 Hansoh Pharmaceutical Group Company Limited
3692.HK · 健康科技
29.05 22.6 25.821.575.276.144.546.239.1 27.88 1.18% 19.31% 0.76 214亿
74 BeOne Medicines Ltd.
6160.HK · 健康科技
28.46 21.5 23.012.942.972.072.935.549.2 62.32 0.00% 14.61% 0.81 319亿
75 Xinyi Solar Holdings Ltd.
0968.HK · 制造业
28.14 20.4 31.231.27.749.224.3100.024.1 131.14 2.07% 0.46% 1.13 21亿
76 Semiconductor Manufacturing International Corp.
0981.HK · 电子科技
28.09 19.4 28.212.980.235.861.418.348.4 70.14 0.00% 4.46% 0.58 808亿
77 BYD Company Limited Class H
1211.HK · 制造业
26.50 18.3 45.414.019.744.228.517.243.2 24.79 0.45% 12.93% 1.04 850亿
78 Innovent Biologics, Inc.
1801.HK · 健康科技
25.79 17.2 18.712.964.645.367.353.843.0 130.37 0.00% 7.07% 0.73 181亿
79 Pop Mart International Group Limited
9992.HK · 消费者服务
24.76 16.1 39.623.776.378.52.847.326.2 14.10 1.72% 69.79% 1.58 206亿
80 Sunny Optical Technology (Group) Co., Ltd.
2382.HK · 电子科技
24.70 15.1 53.525.872.759.151.480.623.2 14.80 1.82% 17.25% 1.19 78亿
81 WuXi AppTec Co., Ltd. Class H
2359.HK · 健康科技
24.33 14.0 24.919.490.179.998.928.031.0 22.91 1.11% 30.34% 1.08 534亿
82 CMOC Group Limited Class H
3993.HK · 配送服务
23.38 12.9 58.926.987.567.181.931.218.7 11.45 1.85% 34.02% 1.31 455亿
83 Baidu, Inc. Class A
9888.HK · 科技服务
23.21 11.8 48.012.920.142.344.138.737.0 0.00% -1.55% 1.30 254亿
84 Kuaishou Technology Class B
1024.HK · 商业服务
23.02 10.8 60.030.137.361.42.759.113.5 8.81 2.06% 20.33% 2.06 147亿
85 Longfor Group Holdings Ltd.
0960.HK · 金融
22.54 9.7 34.237.66.027.217.494.62.4 2.78% -0.09% 2.82 44亿
86 Xiaomi Corporation Class B
1810.HK · 电子科技
21.00 8.6 37.012.927.156.57.522.631.8 20.25 0.00% 12.51% 1.13 707亿
87 JD Logistics, Inc.
2618.HK · 运输
20.91 7.5 64.512.964.651.836.581.731.6 8.79 0.00% 13.17% 1.31 73亿
88 Alibaba Group Holding Limited
9988.HK · 零售行业
18.92 6.5 43.918.327.748.121.96.519.8 26.66 0.90% 7.04% 1.80 2.27万亿
89 Meituan Class B
3690.HK · 科技服务
16.77 5.4 40.612.922.731.618.029.021.9 0.00% -21.23% 1.45 487亿
90 Li Auto, Inc. Class A
2015.HK · 耐用消费品
16.49 4.3 48.612.94.334.35.572.021.3 0.00% -6.68% 1.69 98亿
91 Alibaba Health Information Technology Ltd.
0241.HK · 科技服务
15.11 3.2 46.212.960.169.915.492.518.1 23.49 0.00% 11.23% 2.37 50亿
92 JD Health International, Inc.
6618.HK · 零售行业
13.64 2.2 42.412.965.460.29.666.714.6 16.74 0.00% 10.35% 1.60 116亿
93 Wuxi Biologics (Cayman) Inc.
2269.HK · 健康科技
10.14 1.1 26.212.977.661.095.848.46.5 37.74 0.00% 10.68% 1.60 202亿
红涨绿跌(A 股惯例)· 因子分列中 金底 为入选加权的最终两因子(股息率 / 低波动性)· 点击表头可排序,输入框可搜索
卧龙台 · 多因子动量研究 · 数据截至 2026-08-31 · 排名规则与数据来源均根据公开数据整理
仅供研究,非投资建议