
Core Viewpoint - The China Securities Hong Kong Stock Connect Repurchase Index has shown mixed performance, with a recent decline of 10.56% over the past month, but an increase of 8.25% over the last three months and a year-to-date rise of 4.00% [2]. Group 1: Index Performance - The China Securities Hong Kong Stock Connect Repurchase Index closed at 898.51 points [1]. - The index is based on 50 stocks with high repurchase ratios from the Hong Kong Stock Connect, reflecting the overall performance of these securities [2]. Group 2: Index Composition - The top ten weighted stocks in the index include HSBC Holdings (10.03%), Tencent Holdings (9.89%), Meituan-W (9.41%), AIA Group (9.4%), Kuaishou-W (8.03%), Dongyue Group (6.35%), Swire Properties A (5.34%), Hang Seng Bank (5.12%), CSPC Pharmaceutical Group (4.14%), and COSCO Shipping Holdings (3.83%) [2]. - The index is fully composed of stocks listed on the Hong Kong Stock Exchange [3]. Group 3: Sector Allocation - The sector allocation of the index shows that Finance accounts for 24.56%, Communication Services 18.53%, Consumer Discretionary 17.03%, Healthcare 11.29%, Real Estate 8.95%, Materials 6.54%, Industrials 6.43%, Energy 3.46%, Information Technology 2.00%, and Consumer Staples 1.21% [3]. Group 4: Index Adjustment Mechanism - The index samples are adjusted quarterly, with adjustments occurring on the next trading day after the second Friday of March, June, September, and December [3]. - Weight factors are generally fixed until the next scheduled adjustment, with special circumstances allowing for temporary adjustments [3].