兴业证券：港股通新一轮调整在即 48只港股标的或入围

Core Viewpoint - The semi-annual review of the Hang Seng Composite Index has concluded, and a new round of adjustments to the Hong Kong Stock Connect eligible stocks is imminent, with results expected to be announced on February 20 and effective from March 9, 2025 [1][2]. Group 1: Adjustments and Market Impact - A total of 48 Hong Kong stocks are expected to be included in the Hong Kong Stock Connect eligible list based on simulated calculations [2][3]. - The market capitalization threshold for new eligible stocks has been raised to HKD 9 billion as of December 31, 2025 [3]. Group 2: Industry Distribution of New Eligible Stocks - The new eligible stocks are primarily concentrated in the following sectors: - Healthcare: 14 companies, including names like 英矽智能 and 健康160 [3]. - Information Technology: 8 companies, including 滴普科技 and 极智嘉-W [3]. - Consumer Discretionary: 8 companies, including 卧安机器人 and 轻松健康 [3]. - Industrial: 7 companies, including 京东工业 and 果下科技 [3]. - Financials: 5 companies, including HASHKEY HLDGS and 徽商银行 [3]. - Materials: 3 companies, including 创新实业 and 佳鑫国际资源 [3]. - Consumer Staples: 1 company, 乐舒适 [3]. - Telecommunications: 1 company, 经纬天地 [3]. - Conglomerates: 1 company, 周大福创建 [3]. Group 3: Detailed List of New Eligible Stocks - A detailed list of stocks expected to be included includes: - 乐舒适 (2025-11-10, average daily market cap: HKD 1.898 billion) [4]. - 经纬天地 (2024-01-12, average daily market cap: HKD 0.938 billion) [4]. - 卧安机器人 (2025-12-30, average daily market cap: HKD 1.717 billion) [4]. - 轻松健康 (2025-12-23, average daily market cap: HKD 1.335 billion) [4]. - 博泰车联 (2025-09-30, average daily market cap: HKD 1.297 billion) [4]. - 京东工业 (2025-12-11, average daily market cap: HKD 37.31 billion) [4]. - HASHKEY HLDGS (2025-12-17, average daily market cap: HKD 1.643 billion) [4].