Jin Rong Jie·2025-08-04 13:55Core Viewpoint - The Chinse Hong Kong Stock Connect Preferred 50 Index (CESP50) has shown positive performance, with a year-to-date increase of 21.49% and a recent rise of 0.94% to 3075.3 points, indicating strong investor interest and market resilience [1]. Group 1: Index Performance - The CESP50 index has increased by 1.17% over the past month and 9.21% over the last three months, reflecting a robust upward trend in the market [1]. - The index is designed to reflect the overall performance of the top 50 blue-chip securities listed on the Hong Kong Stock Exchange, with a base date of December 30, 2011, set at 2000.0 points [1]. Group 2: Index Holdings - The top ten weighted stocks in the CESP50 index include Tencent Holdings (10.44%), HSBC Holdings (10.1%), Alibaba-W (9.73%), Xiaomi Group-W (6.6%), and China Construction Bank (6.35%) [1]. - The index's holdings are entirely composed of stocks listed on the Hong Kong Stock Exchange, with financials making up 39.51% of the index, followed by consumer discretionary at 23.65% and communication services at 16.80% [2]. Group 3: Sector Allocation - The sector allocation of the CESP50 index includes financials (39.51%), consumer discretionary (23.65%), communication services (16.80%), and information technology (8.85%), among others [2]. - Other sectors represented in the index include energy (3.93%), real estate (3.29%), utilities (1.71%), consumer staples (0.98%), industrials (0.87%), and healthcare (0.43%) [2].