Group 1 - The Hong Kong stock market indices collectively rose today, with the Hang Seng Index increasing by 1.9%, the Hang Seng China Enterprises Index rising by 1.6%, and the CSI Hong Kong Stock Connect China 100 Index up by 1.8% [1] - Huatai Securities indicates that the market fundamentals remain stable, supported by a liquidity-rich environment, domestic policies, and positive trends in industries such as AI, new consumption, and pharmaceuticals [1] - The strategic allocation value of the Hong Kong stock market is viewed positively as China’s asset revaluation enters a new phase [1] Group 2 - The Hang Seng ETF, tracking the Hang Seng Index, consists of large-cap, actively traded stocks with strong industry representation, covering financials, consumer discretionary, and information technology, which together account for nearly 80% of the index [2] - The Hang Seng China Enterprises Index, tracked by HIGETF, includes 50 large-cap, actively traded stocks from mainland China listed in Hong Kong, with consumer discretionary, financials, and information technology making up over 85% of the index [2] - The CSI Hong Kong Stock Connect China 100 Index comprises 100 large-cap, actively traded mainland Chinese companies, with consumer discretionary, information technology, and financial sectors accounting for nearly 75% of the index [2]