Group 1 - Meiheng Industrial announced a dividend of HKD 0.003 per share, with an ex-dividend date of November 25, 2025, and a payment date of December 12, 2025. It is classified under the building construction sector in the Hang Seng Industry Index [1] - Gaoxin Retail declared a dividend of HKD 0.085 per share, with an ex-dividend date of November 26, 2025, and a payment date of March 24, 2026. It falls under the supermarkets and convenience stores sector in the Hang Seng Industry Index [1] - The ex-dividend date indicates when a stock starts to be "ex" the upcoming dividend, meaning investors purchasing the stock on or after this date will not receive the declared dividend [1] Group 2 - The CSI Central State-Owned Enterprises Dividend Index (931233.CSI) includes 50 listed companies with stable dividend levels and high dividend yields, selected from the Hong Kong Stock Connect range. As of November 11, the index has a one-year dividend yield of 5.52%, surpassing the 10-year government bond yield of 3.70% [1] - The Hong Kong Central State-Owned Enterprises Dividend ETF (513910) is the largest investment vehicle tracking this index [1]

Group 1 - Agricultural Bank of China (601288) announced a dividend of RMB 0.1195 per share, with the ex-dividend date set for December 5, 2025, and the payment date on January 26, 2026 [1] - China Communications Construction Company will distribute a dividend of no less than HKD 0.12903 per share, with the ex-dividend date on December 1, 2025, and the payment date on January 9, 2026 [1] - The CSI Hong Kong Stock Connect Central State-Owned Enterprises Dividend Index (931233.CSI) includes 50 listed companies with stable dividend levels and high dividend yields, with a one-year dividend yield of 5.54% as of November 10, which is higher than the 10-year government bond yield of 3.72% [1] Group 2 - The Hong Kong Central State-Owned Enterprises Dividend ETF (513910) is the largest investment vehicle tracking the CSI Hong Kong Stock Connect Central State-Owned Enterprises Dividend Index [1]

Core Viewpoint - The recovery of EPS (Earnings Per Share) is expected to drive stock market growth, with predictions indicating this recovery will occur around January 2026 due to economic signals [1][2] Group 1: Economic Indicators - M1, representing immediate payment capacity, is anticipated to lead PPI (Producer Price Index) by 6-9 months, indicating a warming economy [1] - Historical data suggests that when M1 turns positive and rises, PPI will also rebound, with predictions of PPI reaching 0.1% year-on-year by January 2026 [2] Group 2: Impact on Companies - A rebound in PPI will particularly benefit companies in cyclical sectors such as energy and raw materials, leading to significant improvements in their EPS [2] - The shift in market preference observed in 2015-2016, when PPI turned positive, indicates a potential movement of funds from high-valuation growth stocks to dividend-paying stocks [2] Group 3: Investment Strategies - Current market conditions may present a rare opportunity for long-term investors to accumulate dividend value stocks, particularly those with low volatility [2] - The CSI Hong Kong Stock Connect Central Enterprise Dividend Index, which includes stable dividend-paying companies controlled by central enterprises, has gained popularity in recent years [3]

Group 1 - The core viewpoint of the news is the performance of the China Securities Hong Kong Stock Connect Central Enterprises Dividend Index, which has shown significant growth in recent months, indicating a positive trend in high-dividend central enterprise stocks within the Hong Kong Stock Connect framework [1][2]. - The index has increased by 3.14% in the past month, 17.24% over the last three months, and 15.74% year-to-date, reflecting strong investor interest in dividend-paying stocks [1]. - The index is composed of stocks from central enterprises with stable dividend levels and high dividend yields, aiming to represent the overall performance of these companies within the Hong Kong Stock Connect [1]. Group 2 - The top ten holdings of the index include companies such as COSCO Shipping Holdings (7.14%), Orient Overseas International (3.23%), and China Petroleum & Chemical Corporation (2.73%), indicating a diverse portfolio across various sectors [1]. - The industry composition of the index shows that finance accounts for 33.36%, industry for 32.19%, and energy for 12.79%, highlighting the significant representation of financial and industrial sectors [2]. - The index undergoes annual adjustments every December, ensuring that it remains reflective of the current market conditions and the performance of its constituent companies [2].

Core 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].

Group 1 - The core viewpoint of the article highlights the performance of the China Securities Hong Kong Stock Connect Central Enterprises Dividend Index, which has shown significant growth over various time frames, including an 8.25% increase in the past month and a 6.87% increase year-to-date [1][2]. - The index is designed to reflect the overall performance of listed companies controlled by central enterprises within the Hong Kong Stock Connect that have stable dividend levels and high dividend yields [1][2]. - The index's top ten holdings include major companies such as COSCO Shipping Holdings (7.14%), Orient Overseas International (3.28%), and China Petroleum & Chemical Corporation (2.76%) [1][2]. Group 2 - The industry composition of the index shows that finance accounts for 33.25%, industrials for 29.84%, and energy for 15.31%, indicating a diverse sector representation [2]. - The index undergoes annual adjustments, with the next scheduled adjustment occurring on the trading day following the second Friday of December each year [2]. - Public funds tracking the index include the Huaxia CSI Hong Kong Stock Connect Central Enterprises Dividend Link A and C, as well as the Huaxia CSI Hong Kong Stock Connect Central Enterprises Dividend ETF [2].

Core Viewpoint - The China Securities Index for Hong Kong Stock Connect Central Enterprises Dividend Index has shown a decline of 8.24% over the past month, while it has increased by 1.03% over the last three months and decreased by 3.14% year-to-date [1]. Group 1: Index Performance - The China Securities Index for Hong Kong Stock Connect Central Enterprises Dividend Index closed at 0.0 points with a trading volume of 0.0 billion yuan [1]. - The index was established on November 14, 2014, with a base point of 1000.0 points [1]. Group 2: Index Holdings - The top ten weighted stocks in the index include: COSCO Shipping Holdings (7.47%), Orient Overseas International (2.97%), CITIC Bank (2.9%), CNOOC (2.66%), China Shenhua Energy (2.57%), Bank of China (2.53%), PetroChina (2.52%), China National Freight (2.51%), China Unicom (2.46%), and China Everbright Bank (2.37%) [1]. - The index is exclusively composed of stocks listed on the Hong Kong Stock Exchange, with a 100% allocation [1]. Group 3: Industry Composition - The industry composition of the index holdings is as follows: Financials (31.92%), Industrials (29.67%), Energy (15.41%), Communication Services (10.98%), Real Estate (4.49%), Materials (4.29%), Healthcare (2.00%), and Utilities (1.24%) [2]. - The index samples are adjusted annually, with changes implemented on the next trading day following the second Friday of December [2]. Group 4: Fund Tracking - Public funds tracking the index include: Huaxia China Securities Index for Hong Kong Stock Connect Central Enterprises Dividend Link A, Huaxia China Securities Index for Hong Kong Stock Connect Central Enterprises Dividend Link C, and Huaxia China Securities Index for Hong Kong Stock Connect Central Enterprises Dividend ETF [2].

Core Viewpoint - The China Securities Index for Hong Kong Stock Connect Central Enterprises Dividend Index has shown a recent increase of 2.11%, reaching 959.7 points, with a trading volume of 20.529 billion yuan, despite a decline of 6.36% over the past month [1] Group 1: Index Performance - The China Securities Index for Hong Kong Stock Connect Central Enterprises Dividend Index has decreased by 4.88% year-to-date [1] - The index has increased by 1.23% over the past three months [1] - The index is based on companies with stable dividend levels and high dividend yields, reflecting the overall performance of central enterprise stocks within the Hong Kong Stock Connect [1] Group 2: Index Composition - The top ten weighted stocks in the index include: COSCO Shipping Holdings (7.7%), Orient Overseas International (3.05%), CITIC Bank (2.86%), CNOOC (2.62%), China Shenhua Energy (2.56%), China National Freight (2.54%), Bank of China (2.52%), China Unicom (2.46%), PetroChina (2.44%), and Bank of Communications (2.35%) [1] - The index exclusively comprises stocks listed on the Hong Kong Stock Exchange [1] Group 3: Industry Breakdown - The industry composition of the index includes: Finance (31.75%), Industry (30.24%), Energy (15.08%), Communication Services (10.85%), Materials (4.39%), Real Estate (4.39%), Healthcare (2.05%), and Utilities (1.25%) [2] - The index samples are adjusted annually, with changes implemented on the next trading day after the second Friday of December [2] Group 4: Fund Tracking - Public funds tracking the index include: Huaxia China Securities Index for Hong Kong Stock Connect Central Enterprises Dividend Link A, Huaxia China Securities Index for Hong Kong Stock Connect Central Enterprises Dividend Link C, and Huaxia China Securities Index for Hong Kong Stock Connect Central Enterprises Dividend ETF [2]