支持优质中概股回流！港股消费指数有何价值？

Group 1 - The core viewpoint of the article emphasizes the support for quality Chinese concept stocks (Chinese companies listed overseas) to return to the domestic and Hong Kong markets, driven by regulatory cooperation and a stable environment [1] - The Hong Kong Stock Exchange (HKEX) has implemented significant reforms to attract Chinese companies, allowing different share structures and serving as a secondary listing market, which enhances its appeal to overseas-listed Chinese concept stocks [1] - The return of high-quality consumer sector leaders from overseas markets to the Hong Kong market is expected to strengthen the high-quality attributes of the Hong Kong consumer sector [1] Group 2 - The Hong Kong Stock Connect Consumer Index is characterized as being more updated and diverse compared to the A-share consumer sector, covering various competitive consumer leaders across multiple sub-sectors [2] - The index has shown high growth, with total revenue reaching 5.71 trillion yuan in 2024, reflecting a year-on-year growth rate of 58%, the highest in nearly eight years, indicating the effectiveness of the government's consumption-boosting policies [5][7] - The Hong Kong market is viewed as a global valuation lowland, with the Hang Seng Index's price-to-earnings ratio at only 10 times, significantly lower than other major economies, while the Consumer Index has a P/E ratio of 21 times, highlighting its growth potential [8]