Jin Rong Jie·2025-04-18 08:06Core Viewpoint - The China Securities Index for the Hong Kong-Shanghai-Shenzhen Stock Connect Non-Cyclical Index has shown a decline of 10.74% over the past month, while it has increased by 3.78% over the last three months and 0.71% year-to-date [1]. Group 1: Index Performance - The Hong Kong-Shanghai-Shenzhen Non-Cyclical Index closed at 3134.70 points [1]. - The index is based on the comprehensive index samples and the CSI 500 index samples, reflecting the overall performance of securities listed in the Hong Kong, Shanghai, and Shenzhen markets [1]. Group 2: Index Holdings - The top ten holdings of the index include Tencent Holdings (7.68%), Alibaba-W (5.36%), Kweichow Moutai (2.71%), Meituan-W (2.15%), Xiaomi Group-W (1.90%), CATL (1.64%), China Mobile (1.33%), BYD Company (1.16%), China Yangtze Power (0.98%), and Midea Group (0.95%) [1]. - The market share of the index holdings is distributed as follows: Hong Kong Stock Exchange (34.57%), Shenzhen Stock Exchange (33.50%), and Shanghai Stock Exchange (31.94%) [1]. Group 3: Industry Composition - The industry composition of the index holdings includes Consumer Discretionary (21.39%), Information Technology (19.99%), Industrials (16.84%), Communication Services (16.32%), Healthcare (10.34%), Consumer Staples (9.75%), Utilities (5.01%), and Materials (0.37%) [2]. - The index samples are adjusted biannually, with adjustments occurring on the next trading day after the second Friday of June and December [2].