港股消费ETF（159735）飘红，机构：明年消费有望延续温和增长

Group 1 - The Hang Seng Index and Hang Seng Tech Index showed mixed performance in early trading on December 9, with the Hong Kong Consumer ETF (159735) rising by 0.25% [1] - Leading stocks in the Hong Kong Consumer ETF include XPeng Motors, Alibaba, Yadea Holdings, Geely Automobile, and China Wangwang, which experienced notable gains [1] - The Hong Kong Consumer ETF tracks the CSI Hong Kong Stock Connect Consumer Theme Index, which consists of 50 liquid and large-cap consumer-related stocks within the Stock Connect range, weighted by free float market capitalization [1] Group 2 - According to CMB International, consumer spending is expected to see a slight recovery in 2025, with a continuation of moderate growth into 2026 characterized by slower overall demand growth and a shift towards more rational consumption and higher demand tiers [2] - The market is anticipated to gradually establish a new balance focused on uncovering consumer demand, emphasizing operational efficiency [2] - Companies are advised to accurately perceive consumer trends and leverage product, channel, technology innovations, and supply chain optimization to seize structural opportunities in the new normal [2]