Jin Rong Jie·2025-06-05 14:56Core Viewpoint - The China Securities Hong Kong Internet Index has shown a mixed performance, with a recent increase but a decline over the past three months, reflecting the overall volatility in the Hong Kong internet sector [2]. Group 1: Index Performance - The China Securities Hong Kong Internet Index rose by 0.94% in the past month, decreased by 1.66% over the last three months, and has increased by 19.85% year-to-date [2]. - The index is based on 30 publicly listed companies in Hong Kong related to internet businesses, with a base date of December 30, 2016, set at 1000.0 points [2]. Group 2: Index Holdings - The top ten weighted companies in the index are Alibaba-W (17.7%), Tencent Holdings (15.98%), Xiaomi Group-W (13.18%), Meituan-W (10.93%), NetEase-S (7.31%), Kuaishou-W (5.65%), Baidu Group-SW (5.29%), JD Group-SW (4.71%), Trip.com Group-S (4.59%), and JD Health (1.73%) [2]. - The index's holdings are entirely composed of companies listed on the Hong Kong Stock Exchange [3]. Group 3: Sector Allocation - The sector allocation of the index holdings includes Consumer Discretionary (39.29%), Communication Services (38.32%), Information Technology (18.76%), Healthcare (3.07%), and Financials (0.56%) [3]. Group 4: Index Adjustment Mechanism - The index samples are adjusted semi-annually, with adjustments occurring on the next trading day after the second Friday of June and December each year [3]. - New internet companies in Hong Kong with a market capitalization exceeding $10 billion may be added to the index on their eleventh trading day if they rank among the top twenty companies [3].