The 2023 Dogs of the Hang Seng
The 2023 Dogs of the Hang Seng, who are they this year? And how well will they perform in 2023?
Start of the new year, we have a tradition of imaging the Dogs of the Dow concept on the Hong Kong Stock market. This will result into the 2023 Dogs of the Hang Seng.
As with all content on this website, this one also is no financial advise. Pure entertainment with numbers.
How does it work, The Theory
1 – Filter of all the Hong Kong Blue Chips the top 10 of companies that have the highest yield. (Based on dividends paid in the latest full completed financial year.)
2 – Of these 10 buy stocks worth HK$10.000 of each company. So you have spend HK$100.000 equally among the 10 Blue Chippers. This is highly un-practical and borders to un-doable. Still for making this portfolio run its numbers we take this way of calculating.
3 – On January 1 or the first day of trade in the new calendar year buy.
4 – For the coming year hold and collect your dividends. Do not buy or sell your stocks. Challenging huh?
5 – On December 31 or the last day of trade in that year sell.
6 – Repeat the following year.
There is little or poor analysis needed to make yourself this portfolio.
The idea is that high yield Blue Chip stocks will rise in price and will keep on paying dividends because they are among the best of the best companies the stock market has to offer. ( In theory that is)
Get ready, here they are:
The 2023 Dogs of the Hang Seng
Ticker | Company | Sector | Price HK$ | Yield |
HKG:0316 | Orient Overseas International Ltd | Marine & Harbour Services | 141.00 | 42.38% |
HKG:0386 | Sinopec | Petroleum & Gases | 3.77 | 14.84% |
HKG:1378 | China HongQiao | Nonferrous Metal | 7.37 | 14.25% |
HKG:2007 | Country Garden | Property Development | 2.67 | 13.86% |
HKG:1088 | China Shenhua | Coal | 22.55 | 13.40% |
HKG:0868 | XinYi Glass | Industrial Goods | 14.54 | 9.77% |
HKG:3328 | Bank of Communications | Bank | 4.49 | 9.41% |
HKG:0017 | New World Development | Property Development | 22.00 | 9.36% |
HKG:3988 | Bank of China | Bank | 2.84 | 9.26% |
HKG:0939 | China Construction Bank | Bank | 4.89 | 8.86% |
This might become an interesting year.
Here the links to the previous Dogs of the Hang Seng:
2020 the results
tralala
The excel file that shows how the 2023 Dogs of the Hang Seng are performing is downloadable for subscribers and Champion Members.
If you haven’t yet, you can sign up (free) below here and after confirming your email address you will be redirected to the page for your free downloadable information on how the 2023 Dogs of the Hang Seng are doing. (It will take you less than 2 minutes)
Sign up for freeand get immediate access to |
|
YES, FOR FREE We promise to only send you amazing helpful emails! |