Jin Rong Jie·2025-07-21 14:21Core Viewpoint - The China Securities Index for Hong Kong Stock Connect Central Enterprises Dividend Index has shown significant growth, indicating a strong performance of high-dividend central enterprises listed in Hong Kong [1][2]. Group 1: Index Performance - The index opened high and rose by 1.66%, closing at 1151.33 points with a trading volume of 23.006 billion [1]. - Over the past month, the index has increased by 2.73%, by 18.34% over the last three months, and by 14.62% year-to-date [1]. Group 2: Index Composition - The index comprises stable dividend-paying companies controlled by central enterprises, reflecting the overall performance of high-dividend central enterprises within the Hong Kong Stock Connect [1]. - The top ten weighted stocks in the index include China Merchants Industry Holdings (7.06%), Orient Overseas International (3.22%), CITIC Bank (3.05%), China Petroleum & Chemical Corporation (2.78%), and others [1]. Group 3: Sector Allocation - The sector distribution of the index holdings is as follows: Financials (33.26%), Industrials (32.16%), Energy (12.82%), Communication Services (9.77%), Materials (4.93%), Real Estate (3.85%), Healthcare (2.13%), and Utilities (1.08%) [2]. Group 4: Index Adjustment and Fund Tracking - The index samples are adjusted annually, with changes implemented on the next trading day after the second Friday of December [2]. - Public funds tracking the index include Huaxia CSI Hong Kong Stock Connect Central Enterprises Dividend Link A, Huaxia CSI Hong Kong Stock Connect Central Enterprises Dividend Link C, and Huaxia CSI Hong Kong Stock Connect Central Enterprises Dividend ETF [2].