年内份额增长率超140%，港股消费ETF（159735）涨0.60%，机构：消费板块或将迎来轮动补涨机会

Group 1 - The Hang Seng Index opened lower by 0.09%, while the Hang Seng Tech Index opened higher by 0.37% [1] - The Hong Kong Consumer ETF (159735) rose by 0.60% with a premium rate of 0.17%, and its circulating shares reached 927 million, reflecting a year-to-date growth rate of 140.31% [2] - 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 [2] Group 2 - The State Council's executive meeting emphasized enhancing the adaptability of supply and demand to further promote consumption, aiming to release consumption potential and improve economic circulation [2] - The food and beverage industry is entering its most critical sales window, with capital expenditure in the sector expected to grow by 15.15% month-on-month in November 2025, indicating proactive market positioning by listed companies [2] - Under the backdrop of sustained growth policies and the recovery of inbound tourism, the consumption chain is presenting multiple structural opportunities, particularly in service consumption and online sales [3] - The consumer sector is expected to experience a rotation and rebound opportunity due to the correlation between essential consumer markets and the CPI, as the market transitions into an earnings window [3]