According to the WiseNews app, the Hang Seng Index and the Hang Seng Tech Index opened high and continued to rise in the afternoon. As of press time, the Hang Seng Index rose 490.79 points or 2.74%, to 18,406.34 points, with a turnover of HKD 90.663 billion; the Hang Seng Tech Index rose 3.18% to 3,814.74 points.

In terms of news, China Guoxin Holding, a subsidiary of the State-owned Assets Supervision and Administration Commission of the State Council, announced on its official website that Guoxin Investment, a subsidiary of China Guoxin, has subscribed to the first issue of the CSI Guoxin HK Mainland Enterprises Dividend ETF launched in cooperation with leading institutions such as GF Fund, Southern Fund, and Invesco Great Wall Fund. It is reported that the product is linked to the constituent stocks of the index, and it selects listed companies from the State-owned Enterprises List of the State-owned Assets Supervision and Administration Commission in the scope of the HK Stock Connect with a stable dividend level and a high dividend yield.

Guoxin Investment stated that the reason for subscribing to the ETF is to convey a strong bullish signal for the long-term value of listed state-owned enterprises in Hong Kong, and also demonstrates its responsibility and commitment to maintaining the market value of state-owned enterprises and enhancing their pricing power on HKEX.