Core Insights - The Beijing Municipal Bureau of Commerce reported that from January 1 to 3, 2025, key monitored retail sectors achieved a total sales revenue of 4.04 billion yuan, with an average daily year-on-year growth of 16.3% compared to the same period in 2025 [1] Retail Sector Performance - Specialty stores experienced a significant average daily year-on-year growth of 85% [1] - Department stores reported an average daily year-on-year growth of 41.3% [1] - Supermarkets saw an average daily year-on-year growth of 4.8% [1] - The restaurant sector had an average daily year-on-year growth of 4.6% [1] - E-commerce recorded a modest average daily year-on-year growth of 1.1% [1]

Group 1 - The core viewpoint of the article is the launch of the SOL China Consumption Trend ETF by Shinhan Asset Management in collaboration with Solactive, aimed at capturing growth in the Chinese consumer market [1][4] - The ETF tracks the Solactive-KEDI China Consumption Trend Index, which focuses on the growth dynamics of the consumer market in mainland China and Hong Kong [1][4] - The index is designed to select and track the top ten consumer or consumer staples companies listed in Hong Kong based on liquidity and growth, with a minimum rolling sales growth rate of 10% [2][3] Group 2 - The index composition includes companies such as 361 Degrees International, Alibaba Pictures, Anta Sports, and others, reflecting a diverse range of sectors including retail, dining, and entertainment [3] - The ETF is set to be listed on the Korean Exchange on November 25, 2025, highlighting the importance of domestic consumption in China's economic transition from export-driven to consumption-driven growth [4][5] - The ETF is positioned as the only "new consumption" ETF in Korea, providing investors with exclusive access to the emerging Chinese consumer market [5]

Group 1: Core Insights - South Korean asset management firm Shinhan Asset Management has launched the SOL China Consumption Trend ETF, which tracks the Solactive-KEDI China Consumption Index to capture growth in the consumer markets of mainland China and Hong Kong [1][5] - The ETF is set to be listed on the Korean Exchange on November 25, 2025, highlighting the importance of domestic consumption in China and the structural shift from export-driven growth to consumption-driven economy [5] Group 2: Index Composition and Methodology - The Solactive-KEDI China Consumption Index selects and tracks the top ten consumer discretionary or staples companies listed in Hong Kong based on liquidity and growth, including sectors like retail, dining, and entertainment [2][3] - Eligible constituents must have a rolling twelve-month sales growth rate of at least 10%, with the scoring based 30% on market capitalization and 70% on sales growth rate [2][3] Group 3: Current Index Constituents - As of now, the index includes companies such as 361 Degrees International Ltd, Alibaba Pictures Group Ltd, Anta Sports Products Ltd, and others, reflecting a diverse range of consumer sectors [4] Group 4: Investment Trends - In the past month, South Korean investors have shown significant interest in Chinese stocks, particularly in sectors like semiconductors and electric vehicles, with net purchases amounting to approximately $46.32 million in the Global X China Semiconductor ETF [6][8] - Cumulatively, since the beginning of 2025, South Korean investors have engaged in transactions totaling $10.32 billion in Hong Kong and A-shares, making China the second most favored overseas market after the United States [8]

Core Viewpoint - The article discusses the launch of the SOL China Consumption Trend ETF by Shinhan Asset Management in collaboration with Solactive, aimed at capturing growth in China's domestic and Hong Kong consumer markets [2][5]. Group 1: ETF Launch and Purpose - The SOL China Consumption Trend ETF is designed to track the Solactive-KEDI China Consumption Trend Index, reflecting the rebound in domestic consumption supported by government policies [2][5]. - The ETF highlights the structural shift in China's economy from export-driven growth to consumption-driven growth, providing investors with a transparent, data-driven way to participate in this transition [5]. Group 2: Index Composition and Methodology - The Solactive-KEDI China Consumption Index selects and tracks the top ten consumer discretionary or staples companies listed in Hong Kong based on liquidity and growth, including sectors like retail, dining, and entertainment [3]. - Eligible stocks must have a rolling twelve-month sales growth rate of at least 10%, with the index weighted 30% by market capitalization and 70% by sales growth rate, differing from traditional market cap indices [3]. Group 3: Current Index Constituents - As of now, the index includes companies such as 361 Degrees International, Alibaba Pictures, Anta Sports, and Pop Mart International, among others [4]. Group 4: Investment Trends - In the past month, South Korean investors have significantly increased their net purchases of various Chinese stocks and ETFs, with notable investments in the Global X Semiconductor ETF and other technology-related products [8][9]. - Cumulatively, since the beginning of 2025, South Korean investors have engaged in transactions totaling $10.323 billion in Hong Kong and A-shares, making China the second most favored overseas market after the United States [9].