Core Points - The China Securities Index for Hong Kong Stock Connect Growth Strategy Index reported a value of 1265.42 points, with a decline of 0.81% over the past month and 1.84% over the past three months, while showing a year-to-date increase of 22.00% [1][2] Group 1: Index Overview - The index considers liquidity and growth characteristics of securities within the China Securities Index for Hong Kong Stock Connect, selecting those with prominent growth styles and using a weighted approach based on growth probability and free float market capitalization [1] - The index was established on December 31, 2014, with a base value of 1000.0 points [1] Group 2: Top Holdings - The top ten holdings of the index include Xiaomi Group-W (10.31%), Tencent Holdings (10.06%), Alibaba-W (9.77%), Meituan-W (8.31%), AIA Group (7.53%), Hong Kong Exchanges and Clearing (5.24%), BYD Company (4.81%), Pop Mart International (2.04%), Kuaishou-W (1.79%), and Li Auto-W (1.67%) [1] Group 3: Sector Allocation - The sector allocation of the index holdings includes Consumer Discretionary (38.96%), Information Technology (14.11%), Financials (13.61%), Communication Services (12.92%), Healthcare (7.60%), Consumer Staples (3.09%), Materials (2.69%), Industrials (2.64%), Real Estate (1.82%), Utilities (1.68%), and Energy (0.89%) [2] Group 4: Index Adjustment Mechanism - The index samples are adjusted quarterly, with adjustments occurring in the second Friday of March, June, September, and December [2] - Weight factors are generally fixed until the next scheduled adjustment, with special circumstances allowing for temporary adjustments [2]

Group 1 - The core viewpoint of the article highlights the performance of the China Securities Hong Kong Stock Connect Growth Strategy Index, which has shown significant growth, with a year-to-date increase of 20.87% [1] - The index has risen by 10.06% in the past month and 0.64% over the last three months, indicating a strong upward trend in the market [1] - The index is designed to reflect the overall performance of securities with growth characteristics within the Hong Kong Stock Connect, using a weighted approach based on growth probability and free-float market capitalization [1] Group 2 - The top ten holdings of the index include Tencent Holdings (10.27%), Xiaomi Group-W (10.13%), Alibaba-W (9.14%), Meituan-W (8.07%), and BYD Company (6.36%), showcasing a concentration in major tech and consumer companies [1] - The index is fully composed of securities listed on the Hong Kong Stock Exchange, with a sector breakdown showing that consumer discretionary accounts for 40.48%, followed by information technology at 15.30% and communication services at 13.25% [2] - The index undergoes quarterly adjustments, with changes implemented in March, June, September, and December, ensuring that the sample remains relevant and reflective of market conditions [2]