Jin Rong Jie·2025-08-14 14:11Core Viewpoint - The China Securities Index Hong Kong Fundamental 50 Index (HK F50) experienced a slight decline of 0.25%, closing at 2235.79 points, with a trading volume of 85.332 billion yuan. However, it has shown significant growth over the past month (4.68%), three months (12.20%), and year-to-date (22.42%) [1]. Group 1: Index Overview - The HK F50 Index selects the 50 listed companies with the strongest fundamental value from the Hong Kong market, using a fundamental value-weighted calculation to mitigate the impact of overvalued securities typically seen in traditional market-capitalization indices [1]. - The index was established on December 31, 2004, with a base point of 1000.0 [1]. Group 2: Top Holdings - The top ten weighted companies in the HK F50 Index are: - China Construction Bank (11.09%) - China Mobile (7.73%) - Tencent Holdings (5.41%) - Industrial and Commercial Bank of China (5.2%) - Alibaba Group (4.59%) - HSBC Holdings (4.2%) - CNOOC (4.05%) - Ping An Insurance (3.56%) - Bank of China (3.49%) - Agricultural Bank of China (2.65%) [1]. Group 3: Sector Allocation - The sector allocation of the HK F50 Index is as follows: - Financials: 39.52% - Communication Services: 19.20% - Energy: 11.69% - Real Estate: 9.65% - Consumer Discretionary: 9.43% - Industrials: 3.36% - Information Technology: 3.13% - Health Care: 1.35% - Materials: 1.18% - Consumer Staples: 0.80% - Utilities: 0.70% [2]. Group 4: Index Adjustment - The index samples are adjusted annually, with changes implemented on the next trading day following the second Friday of June. Weight factors are generally fixed until the next scheduled adjustment, with special circumstances allowing for temporary adjustments [2].