Jin Rong Jie·2025-04-28 08:33Core Viewpoint - The China Overseas Five-Year Plan Index has shown a recent decline of 6.82% over the past month, but has increased by 12.88% over the last three months and 13.97% year-to-date, reflecting the performance of listed companies benefiting from China's Five-Year Plan [1] Group 1: Index Performance - The China Overseas Five-Year Plan Index opened at 1602.09 points and has a base date of June 29, 2007, with a base point of 679.999 [1] - The index has experienced a monthly decline of 6.82%, a three-month increase of 12.88%, and a year-to-date increase of 13.97% [1] Group 2: Index Holdings - The top ten holdings of the index include Alibaba (18.02%), Tencent Holdings (15.72%), Meituan-W (7.17%), Pinduoduo (6.2%), BYD Company (4.45%), JD.com (2.71%), SMIC (2.06%), BeiGene Ltd (1.8%), Xpeng Motors (1.42%), and Kuaishou-W (1.41%) [1] - The index's market distribution shows that 60.71% of holdings are listed on the Hong Kong Stock Exchange, 24.79% on the New York Stock Exchange, and 13.79% on the Nasdaq Global Select Market [2] Group 3: Industry Breakdown - The industry composition of the index indicates that consumer discretionary accounts for 53.46%, communication services for 18.78%, healthcare for 9.63%, and industrials for 7.89% [2] - Other sectors include consumer staples (3.89%), materials (3.60%), information technology (2.49%), and utilities (0.28%) [2] Group 4: Index Adjustment Mechanism - The index samples are adjusted biannually, with adjustments implemented on the next trading day following the second Friday of June and December [3] - Weight factors are generally fixed until the next scheduled adjustment, with special circumstances allowing for temporary adjustments [3]