In the first quarter, various types of consumption grew, focusing on the opportunities in the Hong Kong Stock Connect Consumption ETF ChinaAMC (513230)

On April 17, the three major Hong Kong stock indices opened lower and continued to decline, with the Hang Seng Index falling by 1.32%. The Hong Kong Stock Connect Consumption ETF ChinaAMC (513230) dropped nearly 1.5%, with a scale of 477 million yuan as of April 16. Data from the National Bureau of Statistics shows that in the first quarter, per capita consumption expenditure on food, tobacco, and alcohol was 2,549 yuan, a year-on-year increase of 5.3%. Food and housing consumption accounted for more than 50%, indicating stability in basic living expenses. The discretionary consumption sector showed moderate growth, but there was significant differentiation among different categories. The ChinaAMC Consumption ETF tracks the CSI HK Connect Consumption Theme Index, with constituent stocks covering multiple consumption sectors