政策再现积极信号，高层部署消费品以旧换新！消费ETF(159928)大涨2%，盘中大举揽金超6.38亿份！

Group 1: Market Overview - A-shares market shows strong sentiment with trading volume exceeding 2.6 trillion yuan, indicating robust investor activity [1] - Consumption ETF (159928) surged by 2%, with trading volume surpassing 1.1 billion yuan, reflecting significant inflow [1] Group 2: Hong Kong Market - Hong Kong's consumption-focused ETF (159268) experienced a slight increase of 0.94%, with trading volume exceeding 200 million yuan and continuous net inflow for six days [3] - Notable stocks in the Hong Kong market include Haidilao, which rose over 4%, and other brands like Li Ning and Miniso, which also saw gains [3] Group 3: Policy Support and Consumer Financing - Recent meetings have indicated a push for policies supporting the replacement of old consumer goods, with potential increases in funding and expanded categories [5] - A new personal consumption loan interest subsidy policy will take effect on September 1, aimed at supporting loans used specifically for consumption [5] Group 4: Industry Insights - The beverage and snack sectors remain strong, with new product launches and channel expansions contributing to growth [7] - The dairy industry is expected to see a recovery in profitability as raw milk prices decline, with a projected balance in supply and demand by the second half of 2025 [7] Group 5: Consumer Trends - The pig price is expected to rise due to government interventions in pork reserves, which may stabilize market conditions [8] - The pet food sector continues to show high growth, with significant increases in sales reported during recent pet expos [8] Group 6: ETF Composition and Strategy - The consumption ETF (159928) has a strong focus on essential consumer goods, with top holdings including major liquor brands and dairy companies [9] - The Hong Kong consumption ETF (159268) is positioned as an efficient investment vehicle for the new consumer trends, particularly appealing to younger generations [10]