数据显示，截至2025年9月30日，中证沪港深线上消费主题指数(931481)前十大权重股分别为阿里巴巴-W(09988)、腾讯控股(00700)、快手-W(01024)、美团- W(03690)、京东健康(06618)、巨人网络(002558)、哔哩哔哩-W(09626)、科大讯飞(002230)、恺英网络(002517)、昆仑万维(300418)，前十大权重股合计占比 55.76%。 | 股票代码 | 股票简称 | 涨跌幅 | 权重 | | --- | --- | --- | --- | | 00700 | 腾讯控股 | -1.78% | 9.65% | | 09988 | 阿里巴巴-W | -2.83% | 9.25% | | 03690 | 美团-W | -0.29% | 8.37% | | 01024 | 快手-W | -2.76% | 6.05% | | 06618 | 京东健康 | -0.39% | 3.98% | | 002230 | 科大讯飞 | -3.81% | 3.88% | | 09626 | 哔哩哔哩-W | -2.63% | 3.52% | | 03888 | 金山软件 | -2. ...

Group 1 - The China Securities Index for online consumption (931481) decreased by 1.85% as of September 26, 2025, with mixed performance among constituent stocks [1] - Wanrun Technology (002654) led the gains with an increase of 3.46%, while Jibite (603444) experienced the largest decline at 6.81% [1] - The online consumption ETF (159793) fell by 1.71%, with the latest price at 1.15 yuan, but showed a 2.19% increase over the past week [1] Group 2 - As of August 29, 2025, the top ten weighted stocks in the online consumption index accounted for 51.84% of the total index weight [2] - Tencent Holdings (00700) holds the highest weight at 9.65%, followed by Alibaba-W (09988) at 9.25% and Meituan-W (03690) at 8.37% [4] - Other notable stocks include Kuaishou-W (01024) at 6.05% and JD Health (06618) at 3.98% [4]

Group 1 - Alibaba's Wu Yongming announced the active promotion of a 380 billion yuan AI infrastructure construction plan, with intentions to increase investment further, leading to a more than 6.5% rise in Alibaba's stock during trading [1] - As of September 24, 2025, the CSI Hong Kong-Shanghai-Shenzhen Online Consumption Theme Index (931481) rose by 2.27%, with significant gains in constituent stocks such as Oriental Pearl (10.03%), Alibaba-W (6.52%), and others [1] - The Online Consumption ETF (159793) increased by 2.13%, reflecting a cumulative rise of 3.50% over the past two weeks, indicating strong performance in the online consumption sector [1] Group 2 - As of August 29, 2025, the top ten weighted stocks in the CSI Hong Kong-Shanghai-Shenzhen Online Consumption Theme Index accounted for 51.84% of the index, including Tencent Holdings, Alibaba-W, Kuaishou-W, Meituan-W, and JD Health [2]

Group 1 - The State Administration for Market Regulation has drafted the "Basic Requirements for Delivery Platform Service Management (Draft for Comments)" to solicit public opinions, focusing on platform fees and promotional activities to help delivery platforms standardize service management and improve service quality [1] - Following this announcement, stocks of Meituan and Alibaba rose, indicating positive market sentiment towards the regulatory changes [1] - As of September 24, 2025, the CSI Hong Kong-Shanghai-Shenzhen Online Consumption Theme Index (931481) increased by 0.65%, with notable gains from stocks such as Dongfang Mingzhu (6.09%) and Keda Xunfei (4.65%) [1] Group 2 - As of August 29, 2025, the top ten weighted stocks in the CSI Hong Kong-Shanghai-Shenzhen Online Consumption Theme Index accounted for 51.84% of the index, with Tencent Holdings, Alibaba, and Kuaishou being the top three [2] - The weightings of the top stocks include Tencent Holdings at 9.65%, Alibaba at 9.25%, and Meituan at 8.37%, reflecting their significant influence on the index [3]

Group 1 - The Ministry of Commerce and nine other departments released policies on September 16 to expand service consumption, focusing on orderly opening in internet, culture, telecommunications, healthcare, and education sectors [1] - The policies aim to promote digital service consumption and encourage e-commerce platforms to innovate in online and offline integration, supporting the digital transformation of life service enterprises [1] - As of September 17, 2025, the CSI Hong Kong-Shenzhen Online Consumption Theme Index (931481) rose by 0.46%, with notable increases in stocks such as Meituan-W (up 3.99%) and Alibaba-W (up 3.00%) [1] Group 2 - As of August 29, 2025, the top ten weighted stocks in the CSI Hong Kong-Shenzhen Online Consumption Theme Index accounted for 51.84% of the index, including Tencent Holdings, Alibaba-W, and Kuaishou-W [2]

Group 1 - The Ministry of Commerce and nine other departments released policies on September 16 to expand service consumption, focusing on orderly opening in sectors like internet, culture, telecommunications, healthcare, and education [1] - The policies aim to promote digital service consumption and encourage e-commerce platforms to innovate in online and offline integration, supporting the digital transformation of lifestyle service companies [1] - The online consumption theme index (931481) saw a 0.34% increase as of September 17, 2025, with notable gains in stocks such as Alibaba-W (up 2.67%) and Ping An Good Doctor (up 2.58%) [1] Group 2 - As of August 29, 2025, the top ten weighted stocks in the online consumption theme index (931481) accounted for 51.84% of the index, including Tencent Holdings, Alibaba-W, and Kuaishou-W [2] - The online consumption ETF fund (159793) closely tracks the online consumption theme index, which includes 50 listed companies involved in online shopping, digital entertainment, online education, and telemedicine [1][2]

国务院新闻办今天（15日）举行新闻发布会，国家统计局相关负责人表示，今年，我国实施更加积极有为的宏观政策，促进了经济保持稳中有进的发展态 势。 关键词：增长 今年以来，我国第三批消费品以旧换新政策资金下达，接力发挥政策效能，促进了居民消费需求的释放，带动相关商品销售较快增长。8月份，限额以上单 位商品零售额中，家用电器和音像器材类、家具类、文化办公用品类商品零售额继续保持两位数增长。大规模设备更新对投资的带动作用继续显现，前8个 月，设备工器具购置投资同比增长14.4%，拉动固定资产投资增长2.1个百分点。 国家统计局新闻发言人 付凌晖：生产带动效能持续释放。扩内需政策效能向生产端传导，相关行业的生产较快增长。8月份汽车用锂离子动力电池、充电 桩、电动自行车产量均保持了两位数增长。 付凌晖表示，在市场需求扩大、生产增长带动下，生产要素流通改善，经济增长动能得到增强。 8月份，规模以上集成电路制造、电子专用材料制造行业增加值增速都超过了20%。"人工智能+"行动深入实施，智能终端产品日益受到青睐，数字经济发展 向好。 8月份，工业机器人、机器人减速器、民用无人机等新产品产量都保持了较快增长。 关键词：改善 在发 ...

Group 1 - The overseas market has entered a virtuous cycle driven by AI, with the domestic AI ecosystem in China rapidly improving, leading to acceleration in the AI industry chain, including large models, computing power, and applications [1] - The online consumption ETF fund is positioned as an AI application ETF, expected to benefit from the explosion of AI applications [1] - As of September 15, 2025, the CSI Hong Kong-Shenzhen Online Consumption Theme Index (931481) rose by 0.80%, with notable increases in component stocks such as China Film (600977) up 7.90% and Giant Network (002558) up 5.76% [1] Group 2 - As of August 29, 2025, the top ten weighted stocks in the CSI Hong Kong-Shenzhen Online Consumption Theme Index (931481) include Tencent Holdings (00700) and Alibaba-W (09988), collectively accounting for 51.84% of the index [2] - The online consumption ETF fund (159793) closely tracks the CSI Hong Kong-Shenzhen Online Consumption Theme Index, which selects 50 listed companies involved in online shopping, digital entertainment, online education, and telemedicine [1][2]

Core Viewpoint - The online consumption theme index in the China-Hong Kong-Macau market has shown strong performance, with significant increases in key stocks and the online consumption ETF fund, indicating a positive trend in the online consumption sector [1][2]. Group 1: Index Performance - As of September 10, 2025, the CSI Hong Kong-Shenzhen Online Consumption Theme Index (931481) rose by 1.49% [1]. - Key stocks such as Bilibili-W (09626) increased by 7.03%, Giant Network (002558) by 6.18%, and Light Media (300251) by 4.26% [1]. - The online consumption ETF fund (159793) also saw an increase of 1.29%, with a latest price of 1.1 yuan [1]. Group 2: Trading Volume and Liquidity - The online consumption ETF fund had a turnover rate of 5.11% during trading, with a total transaction value of 1.9014 million yuan [1]. - The average daily trading volume for the ETF fund over the past week was 239.11 thousand yuan [1]. - The latest scale of the online consumption ETF fund reached 36.7601 million yuan, marking a three-month high [1]. Group 3: Index Composition - As of August 29, 2025, the top ten weighted stocks in the CSI Hong Kong-Shenzhen Online Consumption Theme Index accounted for 51.84% of the index [2]. - The top ten stocks include Tencent Holdings (00700), Alibaba-W (09988), Kuaishou-W (01024), Meituan-W (03690), and JD Health (06618) [2].

Core Insights - The China Securities Index for online consumption (931481) has shown a slight increase of 0.21% as of September 8, 2025, with notable gains in constituent stocks such as China Film (600977) up by 9.05% and iFlytek (002230) up by 4.89% [3] - The online consumption ETF fund (159793) has risen by 3.93%, currently priced at 1.11 yuan, indicating a positive trend in the online consumption sector [3] - The current price-to-earnings ratio (PE-TTM) for the online consumption ETF fund is 23.15, which is below the historical average, suggesting that the sector is undervalued compared to the past five years [3] Index Composition - The top ten weighted stocks in the online consumption index account for 51.84% of the total index, with Tencent Holdings (00700) and Alibaba-W (09988) being the largest contributors [4] - The top ten stocks by weight include Tencent Holdings (9.65%), Alibaba-W (9.25%), and Meituan-W (8.37%), indicating a concentration of investment in these major players [6] - The index comprises 50 companies involved in online shopping, digital entertainment, online education, and telemedicine, reflecting a diverse representation of the online consumption market [3]