2 1 Shi Ji Jing Ji Bao Dao·2025-06-11 02:29Group 1 - The Hong Kong Hang Seng Index and Hang Seng Tech Index showed strong fluctuations on June 11, with the Hong Kong Consumer ETF (159735) rising over 1.4% during the day and closing up 0.96%, with trading volume exceeding 21 million yuan [1] - Among the constituent stocks, BYD Co. Ltd. rose over 4%, while other notable gainers included Zhongsheng Holdings, Yueda Group, Geely Automobile, Bilibili-W, Xpeng Motors-W, and Tongcheng Travel [1] - The Hong Kong Consumer ETF tracks the CSI Hong Kong Stock Connect Consumer Theme Index, which consists of 50 large-cap, liquid consumer-related stocks within the Stock Connect range, reflecting the overall performance of consumer stocks in the Hong Kong market [1] Group 2 - The ongoing "618" shopping festival is driving a new wave of consumer enthusiasm, supported by the "trade-in" policy for consumer goods and promotions from major e-commerce platforms, creating a synergistic effect [1] - The Ministry of Commerce reported that as of May 31, the five major categories of consumer goods under the trade-in policy have generated sales of 1.1 trillion yuan, with approximately 175 million subsidies issued directly to consumers [1] - According to a report from China International Capital Corporation, the Chinese consumer market is currently characterized by "consumption stratification," with consumers willing to pay for "quality low prices" and "justifiable premiums" [2]