ChinaAMC CSI HK Connect Consumption Theme ETF

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618 Mid-Year Promotion Kicks Off

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09992

09987

513230

On May 20th, Hong Kong stocks opened lower in the morning, with the Hang Seng Index down 0.55%. The Hong Kong Stock Connect Consumption ETF ChinaAMC (513230) saw a slight decline. Data from the 618 promotion indicates that the number of brands with transaction amounts exceeding 100 million yuan increased by 89% year-on-year. Shenwan Hongyuan pointed out that the performance of the Hong Kong Stock Connect is expected to reverse from a low point, with both high-end consumption and affordable essential consumption showing prosperity. The ChinaAMC Consumption ETF covers multiple consumption sectors, including leading companies such as POP MART and YUM CHINA

- On May 20, Hong Kong stocks opened lower, with the Hang Seng Index down 0.55% and the Hang Seng Tech Index up 0.17% by midday.  
- The tech sector saw diverging performances, with chip stocks leading gains, while major consumer stocks experienced slight fluctuations.  
- A report highlighted a substantial increase in brand sales and participation during the recent 618 shopping event, indicating a recovery in consumer spending, particularly in luxury and essential goods.

同壁财经

POP MART

YUM CHINA

Hang Seng Index

Hang Seng TECH Index

Hang Seng China Enterprises Index

CONANT OPTICAL

CHINA RES BEER

BUD APAC

AUX ELECTRIC

BOSIDENG

LAOPU GOLD

MNSO

Miniso

SMOORE INTL

Shenwan Hongyuan

SWHY

MIXUE GROUP

YUM China

ANTA SPORTS

NONGFU SPRING

CHINA RES BEER-R

Laopu Gld HK SDR 50to1

SWHYHK

POP MART HK SDR 20to1

ANTA SPORTS-R

E-commerce launches 618 Mid-Year Grand Promotion preheating, focusing on Hong Kong Stock Connect Consumption ETF ChinaAMC (513230) to seize opportunities

02150

01364

02589

159843

515710

513070

159736

159735

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New tea beverage brands are achieving sustainable growth by lowering franchise thresholds and accelerating return on investment. In recent years, brands have relied on high-density store openings but are facing profitability pressures at individual stores and high closure rates. According to the "2025 China New Tea Beverage Industry Deep Research Report," the net number of freshly made tea beverage stores nationwide has decreased by 39,000. Brands have realized the need to focus on store quality and franchise ecology, shifting towards a light asset and fast turnover growth model. Despite the slowdown in growth, leading brands are still expanding, and brands like Grandpa Doesn't Brew Tea are also accelerating store openings, emphasizing the quality of store openings

腾讯新闻 - 财经

NAYUKI

GUMING

AUNTEA JENNY

CHABAIDAO

Huaan CSI SWS Food and Beverage ETF

China Merchants Guozheng Food and Beverage ETF

China Universal CSI Consumer Staples ETF

Hwabao WP CSI Food & Beverage Sub-Industry ETF

E Fund CSI HK Equities Consumption Theme ETF

Tianhong CSI Food and Beverage ETF

Yinhua CSI HK Equities Consumption Theme ETF

ChinaAMC CSI Food & Beverage Sub-Industry ETF

Lowering thresholds and accelerating returns, popular tea brands are making franchising "lightweight" and profitable

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

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

The National Bureau of Statistics released data showing that in the first quarter, the CPI rose by 0.9% year-on-year, while the PPI fell by 0.6% year-on-year. During the Qingming holiday, the average daily sales of key retail and catering enterprises nationwide increased by 2.4% year-on-year, and the number of intercity travelers increased by 15.1% year-on-year. The search popularity for travel products during the May Day holiday increased by over 320% compared to the previous month. The Hong Kong Stock Connect Consumption ETF ChinaAMC (513230) covers multiple consumption sectors, including liquor and travel, with constituent stocks including POP MART and YUM CHINA

- In the first quarter, China's CPI rose by 0.9% year-on-year, while the PPI fell by 0.6% year-on-year, according to the National Bureau of Statistics.  
- March saw a seasonal decline in CPI by 0.7% month-on-month but a 1.0% increase year-on-year; PPI rose by 1.0% month-on-month and 0.5% year-on-year due to improving supply-demand dynamics in some industries.  
- During the Qingming holiday, key retail and catering companies witnessed a 2.4% increase in daily sales year-on-year, with significant growth in foot traffic, catering revenues, and hotel stays reported by the Ministry of Commerce.

The popularity of the Qingming holiday has already formed a "ripple effect," and the enthusiasm for the May Day holiday is expected. Focus on the Hong Kong Stock Connect Consumption ETF ChinaAMC (513230) for investment opportunities

In 2025, five out of six newly listed tea beverage companies achieved profitability, with MIXUE GROUP leading with a revenue of 33.56 billion yuan and a net profit of 5.887 billion yuan. GUMING followed closely, with revenue and net profit increasing by 46.9% and 110.3%, respectively. Despite the overall growth in the number of stores, the growth rate has slowed, and some brands like Bawang Chaji and NAYUKI are facing challenges. MIXUE and GUMING continue to expand through lower-tier markets and supply chain advantages, showing outstanding performance

Data Analysis | "Takeout War" Smoke Clears, Which New Tea Beverage Companies Made Money?

FTXG

603288

02359

Goldman Sachs has added Yum China ADR, WuXi AppTec, and HAI TIAN stocks to the Asia-Pacific "Conviction Buy List," while removing Toyo Tire and MakeMyTrip from the list. The latest target prices include: Dongpeng Beverage RMB 300, Gu Ming HKD 36, HAI TIAN HKD 46.8, Yum China USD 57.7, WuXi AppTec HKD 149.7, Alibaba USD 186, etc

AASTOCKS

First Trust NASDAQ Food & Beverage

HAI TIAN

WUXI APPTEC

Goldman Sachs adds Yum China ADR, WuXi AppTec, and HAI TIAN to the Asia-Pacific "Conviction Buy List"

On March 31, the three major indices of the Hong Kong stock market opened higher, with the Hang Seng Index rising by 0.27%. The Hong Kong stock consumption ETF, ChinaAMC (513230), performed strongly, reaching a scale of 465 million yuan, attracting 103 million yuan in the last 10 trading days. The State Council Information Office announced that the sixth China International Consumer Products Expo will be held in Hainan Province from April 13 to 18, and the Ministry of Commerce will introduce multiple measures to optimize the departure tax refund, promoting the continued warming of "Shopping in China" to meet diverse consumer demands

Multiple measures promote the continuous warming of "Buy in China," the sixth Consumer Expo is about to be held, focusing on the opportunities for the Hong Kong Stock Connect Consumption ETF ChinaAMC (513230)

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On March 30th, the domestic demand sector, such as food and textiles, rose against the market trend. Institutions recommend paying attention to the consumer industry, believing that 2026 will be a key turning point. Renowned analyst Mu Yiling pointed out that the negative impact of real estate on consumption will weaken, and consumption will enter a stage of independent development. At the same time, the increase in foreign exchange settlement by export enterprises will enhance domestic money supply, supporting corporate profits and consumption recovery. Currently, the domestic demand sector has policy support and low valuations, and it is recommended to pay attention to related ETFs

Harvest CSI Consumer Staples ETF

Penghua CNI HK Connect Consumer ETF

Ping An CSI Food & Beverage Sub-Industry ETF

Hwabao WP CSI Staples Leading Leader ETF

Global X China Consumer

Penghua CSI HK Stock Connect Consumer Thematic ETF

China Merchants SSE Consumer 80 ETF

GX CN CONSUME

ChinaAMC SSE Consumer Staples ETF Initiating Fund

The food, textile, and other domestic demand sectors are performing well against the market trend! Institutions: Consumption is a sector that cannot be ignored in 2026

The Hong Kong Stock Consumption ETF ChinaAMC (513230) fell nearly 1.5% in the morning session on March 30, but its scale has reached 471 million yuan, attracting 103 million yuan in the past 10 trading days. With the implementation of the spring break policy, the consumption market is expected to recover, especially the travel demand from parent-child families will drive consumption growth in various fields such as cultural tourism and dining. Both Zhongyou Securities and Huayuan Securities stated that future consumption may gradually stabilize, and related sectors are expected to welcome an increase

Institutions claim that future consumption may gradually stabilize, focusing on the opportunities in the Hong Kong Stock Connect Consumption ETF ChinaAMC (513230)

The new tea beverage industry performed strongly in 2022, with total revenue of the five major listed companies exceeding 60 billion yuan and net profit surpassing 10 billion yuan. MIXUE GROUP, GUMING, CHABAIDAO, AUNTEA JENNY, and NAYUKI show significant differentiation in the market, with varying brand positioning. MIXUE GROUP focuses on affordable tea beverages, GUMING and CHABAIDAO target the mid-tier market, while NAYUKI adopts a mid-to-high-end approach. In terms of market capitalization, MIXUE GROUP and GUMING are in the first tier, while NAYUKI's market value is significantly lower than that of other brands

Last year, the five major tea beverage brands made a net profit of 10 billion yuan: Guming led the growth rate, and rapid expansion remains the mainstream

ChinaAMC CSI HK Connect Consumption Theme ETF(513230.SH)

E-commerce launches 618 Mid-Year Grand Promotion preheating, focusing on Hong Kong Stock Connect Consumption ETF ChinaAMC (513230) to seize opportunities

Lowering thresholds and accelerating returns, popular tea brands are making franchising "lightweight" and profitable

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

The popularity of the Qingming holiday has already formed a "ripple effect," and the enthusiasm for the May Day holiday is expected. Focus on the Hong Kong Stock Connect Consumption ETF ChinaAMC (513230) for investment opportunities

Data Analysis | "Takeout War" Smoke Clears, Which New Tea Beverage Companies Made Money?