Dogs of the Hang Seng October 2021 update
Time for a Dogs of the Hang Seng October 2021 update. As we are heading, almost sprinting, towards 2022 let’s see how these 10 stocks are performing so far.
– What are the Dogs of the Hang Seng?
– How did the Hang Seng do these 9 months?
– The Results
– Download available
What are the Dogs of the Hang Seng?
They are the brothers of the Dogs of the Dow (Jones).
It is an (hypothetical) portfolio filled with Blue Chip stocks that hold the highest yield on January 1 of each year. The total portfolio hold the starting value of $100,000.00 divided in 10 equal part of $ 10,000 spend on each listing that qualifies.
Working Theory is that, because of their Blue Chip status and their dividends this should be a ‘winning’ portfolio.
On December 31 you sell them and buy the new 10 highest yield Blue Chip stocks, rinse and repeat.
You can see the results of the Dogs of Last year here , results until June 30 you can see here
First off: How did the Hang Seng do these last 9 months?
Good question to start and to benchmark any comparison. What did the market do?
On January 1, 2021 the HSI was: 27231.13
On Sep 30, 2021 it closed at: 24534.28
Oh wow, the Hong Kong Stock market decreased 9.9% !
The Results of the Dogs, 9 months in:
Low and behold, astonishing results:
If you would have bought these shares according the instructions above, you would have capital gains reaching 17%
If you take the collected dividends to account, and add that to your increase of value, you would experience an increase of 25.48%
As you can see this is less that the results of June 30
Too crazy actually.
Sign up for the newsletter, download the result .xls file (free) and see for yourself.
This might become an interesting year, if things continue in this direction!
Here the Dogs of the Hang Seng October 2021 update, the short version. For more details, please sign up (free) below.
Ticker | Blue Chip Company | 1/1/2021 Price | Price Sep 30. | Gain/loss % |
HKG:0883 | CNOOC | 7.18 | 8.7 | 21.17% |
HKG:0386 | Sinopec | 3.47 | 3.86 | 11.24% |
HKG:0267 | Citic | 5.49 | 8.3 | 51.18% |
HKG:3328 | Bank of Communications | 4.10 | 4.62 | 12.68% |
HKG:0941 | China Mobile | 44.20 | 46.95 | 6.22% |
HKG:3988 | Bank of China | 2.65 | 2.76 | 4.15% |
HKG:0857 | PetroChina | 2.40 | 3.69 | 53.75% |
HKG:0019 | Swire | 43.00 | 46.3 | 7.67% |
HKG:0006 | Power assets | 42.00 | 45.8 | 9.05% |
HKG:2388 | Bank of China HK | 23.50 | 23.5 | 0.00% |
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