The Bosera Central SOE Dividend ETF (03437) saw an intraday increase of over 3%. At the time of writing, it was up 2.72%, trading at HK$9.82 with a turnover of HK$4.69 million.

This movement follows a series of positive announcements from major state-owned enterprises. After China Chengtong Holdings Group Ltd and China Reform Holdings Corp Ltd announced substantial share purchase plans on the evening of July 19th, five other central SOE-listed companies joined the trend this morning. China Shenhua Energy Company Limited (SSE: 601088), CRRC Corporation Limited (SSE: 601766), Aluminum Corporation of China Limited (SSE: 601600), NARI Technology Co., Ltd. (SSE: 600406), and China Coal Energy Company Limited (SSE: 601898) collectively announced actions including share buybacks, increased holdings, and dividend distributions, sending a confident signal to the market.

The Bosera ETF tracks the CSI China Reform Holdings Hong Kong Stock Connect Central SOE Dividend Index. The index's constituents include major players in critical national industries such as CNOOC Limited (SEHK: 00883), PetroChina Company Limited (SEHK: 00857), and China Mobile Limited (SEHK: 00941), covering key sectors like energy, telecommunications, and transportation.