随着2026年寒假与春节假期临近，国内消费市场正迎来全年最具活力的"黄金窗口期"。在此背景下，作 为紧密跟踪国证港股通消费主题指数的优质工具产品，港股消费ETF鹏华(159265)凭借其聚焦高景气新 消费赛道、覆盖港股通优质消费龙头的特色，有望成为投资者把握本轮消费复苏行情的重要抓手。 尤为值得关注的是，国证港股通消费主题指数高度聚焦"新消费"趋势，纳入了众多代表消费升级方向的 港股通标的，如前十大权重股累计权重58.18%，包含了泡泡玛特、百胜中国、农夫山泉、安踏体育等 行业龙头。这些企业不仅受益于内需回暖，更在数字化、品牌升级、全球化等方面展现出长期竞争力。 近期，商务部等九部门联合印发《2026"乐购新春"春节特别活动方案》，在全国范围内推动消费品以旧 换新补贴扩容、强化线下实体零售支持，释放出明确的促消费信号。叠加寒假、春节双节效应，居民出 行、餐饮、文娱等消费需求集中释放，为消费板块注入强劲动能。 (责任编辑：叶景) 同时，他认为港股消费板块在当前市场环境中展现出较强韧性，其投资逻辑注重基本面业绩兑现和长期 投资价值。展望2026年，情绪消费、顺应年轻人喜好的大众消费以及高端消费复苏等领域或存在关注 ...

2月5日，港股消费ETF鹏华（159265）涨2.10%，成交额2.00亿元。当日份额减少200.00万份，最新份额 为4.47亿份，近20个交易日份额增加2300.00万份。最新资产净值计算值为4.61亿元。 港股消费ETF鹏华（159265）业绩比较基准为国证港股通消费主题指数收益率(经汇率调整后)，管理人 为鹏华基金管理有限公司，基金经理为张羽翔，成立（2025-06-18）以来回报为3.15%，近一个月回报 为7.32%。 来源：新浪基金∞工作室 声明：市场有风险，投资需谨慎。本文基于第三方数据库自动发布，不代表新浪财经观点，任何在本文 出现的信息均只作为参考，不构成个人投资建议。如有出入请以实际公告为准。如有疑问，请联系 biz@staff.sina.com.cn。 ...

Group 1 - The spot gold price has reached $4600 per ounce and silver has surpassed $90 per ounce, marking historical highs [1] - The Shanghai Composite Index experienced a historic 17-day consecutive rise of 8.9% before facing a two-day adjustment, indicating a potential bull market pullback [1][3] - The spring market rally appears to have started earlier this year, with expectations for a clearer structural market in 2026 [4] Group 2 - The "spring rally" is characterized by a significant seasonal trend in the A-share market, typically occurring from late December to the first quarter of the following year, driven by macroeconomic policies, capital flow, and corporate earnings improvements [5] - Historical data shows that the spring rally usually starts in late January and ends around mid-March, lasting approximately 30 trading days, with an average index increase of about 15% [5][6] Group 3 - During the spring rally, the market has generally favored small-cap and growth stocks, with the TMT sector leading, particularly the computer sector with an average increase of 23% [7] - Key sectors to watch this year include technology and resource sectors, driven by policies aimed at "stabilizing growth" and "strengthening technology" [7][8] Group 4 - The first investment focus is on technology innovation and growth sectors, particularly in AI, which is expected to drive a surge in chip demand [8] - The second focus is on the recovery of manufacturing and resource sectors, influenced by global metal supply chain changes [8] - The third focus is on consumer recovery and overseas opportunities [9] Group 5 - The company has adjusted its portfolio through ETFs, with a focus on the semiconductor sector, which is showing signs of recovery, particularly in the storage chip market [10] - The resource sector is also a key investment area, with strong performance driven by geopolitical tensions and expectations of a weaker dollar [10] - The consumer sector is being targeted for investment, with attractive valuations in Hong Kong stocks despite recent pullbacks [11]