千问App公布“春节30亿大免单”第一波活动数据，聚焦港股通消费ETF华夏（513230）布局窗口

Market Overview - The Hong Kong stock market experienced a decline, with the Hang Seng Index falling by 0.89% and the Hang Seng Tech Index dropping by 1.68% as of midday on February 12 [1] - The AI application concept showed strength, while the power equipment sector continued its upward trend, and the optical communication sector was active [1] - The Hong Kong pharmaceutical sector exhibited mixed performance, and the internet technology sector weakened [1] - The Hong Kong consumer sector remained in low-level fluctuations, with the Hong Kong Stock Connect Consumer ETF Huaxia (513230) dropping over 1%, opening a low-position layout channel [1] AI Consumption Trends - Qianwen App reported significant activity during its "Spring Festival 3 billion big free order" campaign, with users making 41 billion requests and AI completing over 120 million orders in the past six days [2] - Nearly half of the orders from Qianwen were placed in county-level cities, with 1.56 million elderly individuals experiencing food delivery services for the first time through Qianwen [2] - The use of AI is driving an upgrade in consumer experience and stimulating new consumption vitality across various demographics and city tiers [2] Retail Growth - Following the launch of Qianwen's "Please Guest" campaign, the "milk tea free order" promotion gained traction on social media [2] - In the first six days, over 1,000 tons of eggs, more than 2,300 fitness equipment items, and over 1,500 books were ordered through Qianwen [2] - As the Spring Festival approached, the trend of using AI for instant retail purchases of snacks, beverages, milk, fruits, and flowers surged, leading to a rapid increase in orders [2] - Retail orders for hair dyeing products, gift flowers, fruit gift boxes, and emergency baby supplies saw growth exceeding 10 times compared to the initial launch period of the Qianwen campaign [2] ETF and Index Insights - The Hong Kong Stock Connect Consumer ETF Huaxia (513230) tracks the CSI Hong Kong Stock Connect Consumer Theme Index, which includes leading companies in traditional service industries such as hospitality and dining, as well as high-elasticity assets like trendy toys and gold jewelry [2] - The index also encompasses sectors with high dividend yields, including sportswear and white goods [2] - Major constituents of the index include consumer leaders such as Pop Mart, Yum China, Lao Pu Gold, Anta Sports, Nongfu Spring, and Mixue Ice City, covering nearly all areas of Hong Kong consumption [2]