Market Indices - The Shanghai Composite Index closed at 3510, with a gain of 1.09% and a price-to-earnings ratio of 14.4 [1] - The STAR Market 50 Index closed at 994, with a gain of 0.98% and a price-to-earnings ratio of 48.7 [1] - The Shanghai 180 Index closed at 8821, with a gain of 0.65% and a price-to-earnings ratio of 11.7 [1] - The Shanghai 380 Index closed at 5643, with a gain of 1.83% and a price-to-earnings ratio of 20.0 [1] Trading Volume - The total trading volume for main board stocks reached 253.07 billion [2] - The trading volume for the STAR Market stocks was 47.85 billion [2] - The bond market had a trading volume of 1181.70 billion [2] Market Capitalization - The total market capitalization of main board stocks is 48.8 trillion [3] - The total market capitalization of STAR Market stocks is 714.40 billion [3] - The total bond custody amount is 1821.16 billion [3] Fund Data - The total fund shares amount to 1787.5 billion, with a market value of 3356.3 billion [4] - The total ETF shares amount to 1752.0 billion, with a market value of 3211.0 billion [4] Stock Connect - The trading volume for the Shanghai Stock Connect was 471.3 billion, while the Hong Kong Stock Connect was 404.1 billion [5] Stock Options - There are 508 listed contracts for stock options, with a total weekly transaction value of 953.16 billion [6] - The total open interest for stock options is 639.35 million [6] IPO and Financing - In the main board, there were no IPOs, but 78 refinancing cases raised 9.04 billion [7] - The STAR Market had 1 IPO raising 2.5 billion and 14 refinancing cases raising 0.47 billion [7] - The bond market had 123 cases raising 82.0 billion [7] Project Dynamics - The main board has received a total of 215 applications, with 70 cases having been reviewed [8] - The STAR Market has received a total of 969 applications, with 649 cases having been reviewed [10] Regulatory Actions - The Shanghai Stock Exchange sent out 15 regulatory letters and required 12 companies to disclose supplementary announcements [11] - A total of 171 cases of abnormal trading behavior were addressed with written warnings [12] - Special investigations were conducted on 21 major events involving listed companies [13]

Core Points - The Chuanghua Trading Service CSI Hong Kong-Shanghai-Shenzhen 300 Index (CES300) experienced a decline of 0.38%, closing at 4788.93 points with a trading volume of 329.87 billion [1] - Over the past month, the CES300 has increased by 2.19%, decreased by 0.19% over the last three months, and has risen by 8.54% year-to-date [1] Index Composition - The top ten holdings of the CES300 are Tencent Holdings (8.02%), Alibaba-W (5.19%), HSBC Holdings (4.13%), Xiaomi Group-W (2.7%), Kweichow Moutai (2.4%), China Construction Bank (2.36%), Meituan-W (1.9%), AIA Group (1.85%), CATL (1.81%), and Ping An Insurance (1.62%) [2] - The market share of the CES300's holdings is composed of 51.69% from the Hong Kong Stock Exchange, 29.85% from the Shanghai Stock Exchange, and 18.46% from the Shenzhen Stock Exchange [2] - The industry breakdown of the CES300 holdings shows Financials at 30.81%, Consumer Discretionary at 15.68%, Communication Services at 12.98%, Information Technology at 9.40%, Industrials at 8.78%, Consumer Staples at 6.28%, Health Care at 4.66%, Materials at 3.50%, Utilities at 2.95%, Energy at 2.85%, and Real Estate at 2.10% [2] Fund Tracking - Public funds tracking the CES300 include Dachen Chuanghua Hong Kong-Shanghai-Shenzhen 300C and Dachen Chuanghua Hong Kong-Shanghai-Shenzhen 300A [3]

Core Viewpoint - The Chuanghua Trading Service CSI Hong Kong-Shanghai-Shenzhen 300 Index (CES300) has shown a positive performance with a 0.79% increase, reaching 4709.68 points, and a trading volume of 265.51 billion yuan [1] Group 1: Index Performance - The CES300 index has increased by 2.37% over the past month, decreased by 0.78% over the last three months, and has risen by 5.77% year-to-date [1] - The index is designed to reflect the overall performance of eligible securities under the "Shanghai-Hong Kong Stock Connect" and "Shenzhen-Hong Kong Stock Connect" [1] Group 2: Index Composition - The top ten holdings of the CES300 index include Tencent Holdings (8.4%), Alibaba-W (5.57%), HSBC Holdings (4.25%), Kweichow Moutai (2.65%), Xiaomi Group-W (2.39%), China Construction Bank (2.21%), Meituan-W (2.13%), AIA Group (1.86%), CATL (1.86%), and Ping An Insurance (1.62%) [2] - The market share of the CES300 index holdings is composed of 51.79% from the Hong Kong Stock Exchange, 29.81% from the Shanghai Stock Exchange, and 18.40% from the Shenzhen Stock Exchange [2] - The industry composition of the CES300 index includes Financials (30.21%), Consumer Discretionary (16.28%), Communication Services (13.19%), Industrials (9.04%), Information Technology (8.39%), Consumer Staples (6.63%), Health Care (4.77%), Materials (3.51%), Utilities (3.15%), Energy (2.99%), and Real Estate (1.84%) [2] Group 3: Fund Tracking - Public funds tracking the CES300 index include Da Cheng Chuanghua Hong Kong-Shanghai-Shenzhen 300C and Da Cheng Chuanghua Hong Kong-Shanghai-Shenzhen 300A [3]

Group 1 - The core index, the CES100, increased by 2.13% to 5117.79 points, with a trading volume of 78.878 billion yuan [1] - The CES100 index has risen by 13.12% in the past month, 7.71% in the last three months, and 18.08% year-to-date [1] - The CES100 index is designed to reflect the overall performance of eligible securities under the "Shanghai-Hong Kong Stock Connect" and "Shenzhen-Hong Kong Stock Connect" [1] Group 2 - The top ten holdings of the CES100 index include Alibaba-W (12.84%), Tencent Holdings (10.65%), and HSBC Holdings (10.45%) [2] - The index's sector allocation shows that consumer discretionary accounts for 30.76%, financials for 27.69%, and communication services for 14.06% [2] - Public funds tracking the CES100 include Huaan CES Hong Kong Stock Connect Selected 100 ETF [2]

Core Points - The Chuanghua Trading Service CSI Hong Kong-Shanghai-Shenzhen 300 Index (CES300) increased by 1.85% to 4772.41 points, with a trading volume of 394.119 billion yuan [1] - The CES300 Index has risen by 7.90% in the past month, 4.07% in the last three months, and 5.80% year-to-date [1] - The index is designed to reflect the overall performance of eligible securities under the "Shanghai-Hong Kong Stock Connect" and "Shenzhen-Hong Kong Stock Connect" programs [1] Index Composition - The top ten holdings of the CES300 Index include Tencent Holdings (8.59%), Alibaba-W (6.4%), HSBC Holdings (4.14%), Kweichow Moutai (2.78%), Xiaomi Group-W (2.26%), Meituan-W (2.25%), China Construction Bank (2.07%), CATL (1.88%), AIA Group (1.75%), and Ping An Insurance (1.56%) [2] - The market share of the CES300 Index holdings is 51.96% from the Hong Kong Stock Exchange, 29.45% from the Shanghai Stock Exchange, and 18.60% from the Shenzhen Stock Exchange [2] - The industry composition of the CES300 Index includes Financials (29.21%), Consumer Discretionary (17.38%), Communication Services (13.28%), Industrials (9.18%), Information Technology (8.59%), Consumer Staples (6.76%), Health Care (4.29%), Materials (3.50%), Utilities (3.10%), Energy (2.86%), and Real Estate (1.85%) [2] Fund Tracking - Public funds tracking the CES300 include Dachen Chuanghua Hong Kong-Shanghai-Shenzhen 300C and Dachen Chuanghua Hong Kong-Shanghai-Shenzhen 300A [3]

Group 1 - On April 24, 2025, Xiaomi Group-W (01810), Alibaba-W (09988), and Meituan-W (03690) were the top three companies by trading volume in the Southbound Stock Connect, with trading amounts of 4.778 billion, 3.499 billion, and 2.585 billion respectively [1] - In the Southbound Stock Connect for the Shenzhen-Hong Kong Stock Connect, Xiaomi Group-W (01810), Alibaba-W (09988), and Tencent Holdings (00700) also ranked as the top three, with trading amounts of 2.577 billion, 2.066 billion, and 1.799 billion respectively [1] Group 2 - In the Southbound Stock Connect, the top active trading companies included Xiaomi Group-W (01810) with a trading amount of 4.778 billion and a net buy of -0.273 billion, and Alibaba-W (09988) with a trading amount of 3.499 billion and a net buy of 1.445 billion [2] - Other notable companies in the Southbound Stock Connect included Meituan-W (03690) with a trading amount of 2.585 billion and a net buy of 0.850 billion, and Tencent Holdings (00700) with a trading amount of 2.578 billion and a net buy of 0.111 billion [2] - In the Shenzhen-Hong Kong Stock Connect, Xiaomi Group-W (01810) had a trading amount of 2.577 billion with a net buy of 0.167 billion, while Alibaba-W (09988) had a trading amount of 2.066 billion with a net buy of 0.165 billion [2]