Core Insights - The China Securities Index for online consumption (931481) has seen a slight decline of 0.25% as of October 15, 2025, with mixed performance among constituent stocks [1] - The online consumption ETF (159793) has increased by 0.75%, reaching a price of 1.07 yuan, and has shown a cumulative increase of 15.42% over the past three months [1] - The index comprises 50 listed companies from mainland China and Hong Kong, focusing on sectors such as online shopping, digital entertainment, online education, and telemedicine [1] Summary by Category Index Performance - The online consumption theme index (931481) decreased by 0.25% as of October 15, 2025 [1] - The online consumption ETF (159793) rose by 0.75%, with a latest price of 1.07 yuan [1] - Over the last three months, the ETF has accumulated a growth of 15.42% [1] Constituent Stocks - Leading gainers include Bilibili-W (09626) up by 3.49%, Yonghui Supermarket (601933) up by 2.07%, and Miniso (09896) up by 1.86% [1] - Major decliners include Gibit (603444) down by 9.99%, Giant Network (002558) down by 4.33%, and Zhonggong Education (002607) down by 2.79% [1] Top Weighted Stocks - As of September 30, 2025, the top ten weighted stocks in the index account for 55.76% of the total weight, including Alibaba-W (09988), Tencent Holdings (00700), and Kuaishou-W (01024) [2] - The weight distribution among the top stocks includes Tencent Holdings at 9.65%, Alibaba-W at 9.25%, and Meituan-W at 8.37% [4]

Group 1 - The Nasdaq China Golden Dragon Index rose by 2.85%, with notable increases in stocks such as Baidu (up over 11%) and NIO (up over 6%) [1] - The CSI Hong Kong-Shenzhen Online Consumption Theme Index (931481) increased by 0.90%, with significant gains from stocks like Ping An Good Doctor (up 3.82%) and Perfect World (up 3.79%) [1] - The Online Consumption ETF (159793) rose by 1.89%, closing at 1.18 yuan, and has seen a cumulative increase of 5.44% over the past week [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 and Alibaba [2] - The top ten stocks by weight include Tencent Holdings (9.65%), Alibaba-W (9.25%), and Meituan-W (8.37%) [4]

Group 1 - Anno Robotics (Shenzhen) Co., Ltd. has completed angel financing of several tens of millions, exclusively invested by Tongchuang Weiye [1] - Mech-Mind Robotics has completed nearly 500 million yuan in equity financing [1] - Yushu Technology's humanoid robot has received patent authorization [1] - Tianqi Co., Ltd. has delivered orders for embodied intelligent robots [1] Group 2 - The domestic AI ecosystem is continuously improving, which is expected to accelerate the development of the AI industry chain, including robotics and consumer electronics [1] - The online consumption ETF fund is positioned as an AI application ETF, closely tracking the CSI Hong Kong-Shenzhen online consumption theme index, and is expected to benefit from the explosion of AI applications [1] Group 3 - As of September 5, 2025, the CSI Hong Kong-Shenzhen online consumption theme index (931481) has risen by 0.25%, with notable increases in component stocks such as China Film (600977) up 10.04% and Mango Super Media (300413) up 4.21% [1] - The online consumption ETF fund (159793) has risen by 1.06%, with a latest price of 1.05 yuan [1] - Over the past month, the online consumption ETF fund has accumulated a rise of 5.62% [1] Group 4 - The online consumption ETF fund tracks the CSI Hong Kong-Shenzhen online consumption theme index, which has a latest price-to-earnings ratio (PE-TTM) of only 22.7, indicating a historical low valuation [2] - The index includes 50 listed companies involved in online shopping, digital entertainment, online education, and telemedicine, reflecting the overall performance of online consumption theme companies in the mainland and Hong Kong markets [2] - As of July 31, 2025, the top ten weighted stocks in the index include Tencent Holdings (00700) and Alibaba-W (09988), accounting for a total of 53.33% of the index [2]

Core Points - The Shanghai Composite Index opened lower but rose throughout the day, with the CSI Hong Kong-Shanghai-Shenzhen Online Consumption Index increasing by 0.37% to 1021.79 points, with a trading volume of 40.805 billion yuan [1] - Over the past month, the CSI Hong Kong-Shanghai-Shenzhen Online Consumption Index has decreased by 6.63%, increased by 12.90% over the last three months, and has risen by 16.32% year-to-date [1] - The index comprises 50 listed companies involved in online shopping, digital entertainment, online education, and telemedicine, reflecting the overall performance of online consumption-related securities in the mainland and Hong Kong markets [1] Index Composition - The top ten holdings of the CSI Hong Kong-Shanghai-Shenzhen Online Consumption Index are Alibaba-W (13.99%), Tencent Holdings (11.35%), Meituan-W (8.86%), Kuaishou-W (6.37%), iFlytek (3.56%), Bilibili-W (3.27%), JD Health (3.13%), Kingsoft (2.6%), Light Media (2.42%), and Kunlun Wanwei (2.4%) [1] - The market share of the index's holdings is distributed as follows: Hong Kong Stock Exchange 56.62%, Shenzhen Stock Exchange 36.39%, and Shanghai Stock Exchange 6.99% [1] Industry Breakdown - The industry composition of the index's sample includes: Communication Services 53.42%, Consumer Discretionary 27.98%, Information Technology 12.47%, and Healthcare 6.13% [2] - The index samples are adjusted semi-annually, with adjustments occurring on the next trading day after the second Friday of June and December each year [2] - Public funds tracking the SHS Online Consumption Index include the Ping An CSI Hong Kong-Shanghai-Shenzhen Online Consumption Theme ETF and Tianhong CSI Hong Kong-Shanghai-Shenzhen Online Consumption Theme ETF [2]