Sou Hu Cai Jing·2025-05-08 01:59Group 1 - The Hong Kong stock market opened lower on May 8, but the Consumer ETF (159735) quickly turned positive, rising by 0.25% during the session [1] - Key stocks in the Consumer ETF included Li Auto-W, which rose nearly 2%, and several others like Smoore International, Tofok, Pop Mart, Yadea Holdings, Sands China Ltd., Meituan-W, and Geely Automobile, all of which increased by over 1% [1] - The Consumer ETF tracks the CSI Hong Kong Stock Connect Consumer Theme Index, which consists of 50 liquid and large-cap consumer-related stocks within the Hong Kong Stock Connect, weighted by free float market capitalization [1] Group 2 - On May 7, the Guangdong Provincial Government released a plan to boost consumption, which includes 31 specific measures across 8 areas, such as supporting the replacement of old consumer goods like cars and home appliances [1] - The plan also encourages local governments to explore a model combining fiscal subsidies, corporate discounts, and financial empowerment for large durable goods replacement [1] - A press conference on May 7 announced a series of significant policies aimed at revitalizing the stock market, real estate, and the real economy, which are expected to enhance consumer capacity and support the service and elderly care markets [2]