Jin Rong Jie·2025-08-01 07:45Core Points - The Shanghai Composite Index decreased by 0.37%, while the China Securities Hong Kong 300 Communication Services Index (H300 Communication) reported at 1556.46 points [1] - The H300 Communication Index has seen a 5.23% increase over the past month, a 17.08% increase over the past three months, and a year-to-date increase of 30.66% [1] Index Composition - The top ten holdings of the H300 Communication Index are Tencent Holdings (14.99%), NetEase-S (14.07%), China Mobile (13.87%), Baidu Group-SW (12.98%), Kuaishou-W (12.55%), CK Hutchison (7.47%), China Telecom (4.55%), China Unicom (3.24%), Bilibili-W (2.84%), and China Tower (2.78%) [1] - The H300 Communication Index is composed entirely of stocks listed on the Hong Kong Stock Exchange [2] Sector Breakdown - The sector composition of the H300 Communication Index includes Digital Media (47.00%), Telecom Services (30.56%), Cultural Entertainment (15.63%), Communication Technology Services (2.78%), Data Centers (2.05%), Communication Equipment (1.02%), and Marketing & Advertising (0.96%) [2] Index Adjustment Mechanism - The index samples are adjusted biannually, with adjustments occurring on the next trading day after the second Friday of June and December each year [2] - Weight factors are generally fixed until the next scheduled adjustment, with temporary adjustments made in response to changes in the underlying index samples [2]