--- title: "E-commerce launches 618 Mid-Year Grand Promotion preheating, focusing on Hong Kong Stock Connect Consumption ETF ChinaAMC (513230) to seize opportunities" type: "News" locale: "en" url: "https://longbridge.com/en/news/287016072.md" description: "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" datetime: "2026-05-20T06:26:33.000Z" locales: - [zh-CN](https://longbridge.com/zh-CN/news/287016072.md) - [en](https://longbridge.com/en/news/287016072.md) - [zh-HK](https://longbridge.com/zh-HK/news/287016072.md) --- # E-commerce launches 618 Mid-Year Grand Promotion preheating, focusing on Hong Kong Stock Connect Consumption ETF ChinaAMC (513230) to seize opportunities On May 20th, Hong Kong stocks opened lower and continued to decline in the morning session. By the lunch break, the Hang Seng Index had fallen by 0.55%, the Hang Seng Tech Index had risen by 0.17%, and the National Enterprises Index had decreased by 0.4%. In the market, large technology stocks showed mixed performance, with the chip sector leading the gains. The Hong Kong stock consumer sector fluctuated narrowly, and the Hong Kong Stock Connect Consumption ETF ChinaAMC (513230) saw a slight decline. The stocks in the portfolio had mixed results, with Kangnai Optical, China Resources Beer, Budweiser APAC, AUX Electric, and Bosideng among the top gainers; while Laopu Gold, Miniso, and Smoore International were among the top losers. In terms of news, on May 19th, data from the 2026 Douyin E-commerce 618 event showed that in the first three days of the promotion (from May 15th to May 17th), the number of brands with transaction amounts exceeding 100 million yuan increased by 89% year-on-year. Over 1 million new influencers participated in the 618 promotion for the first time, resulting in a growth in transaction amounts, and the number of merchants with transaction amounts exceeding 10 million yuan driven by consumption vouchers increased by 338% year-on-year. In terms of content, the number of live streaming rooms with transaction amounts exceeding 10 million yuan in the first three days increased by 116% year-on-year, and the number of merchants achieving transaction amounts exceeding 1 million yuan through short videos increased by 56% 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 a significant structural recovery in service consumption. High-end consumption (jewelry, cosmetics, dining, and tourism) and affordable essential consumption (beverages) are both experiencing prosperity, while overseas expansion (such as trendy toys) has become a source of profit elasticity. The Hong Kong Stock Connect Consumption ETF ChinaAMC (513230) tracks the CSI Hong Kong Stock Connect Consumption Theme Index, which covers leading companies in traditional service industries such as hospitality and dining, as well as high-elasticity assets like trendy toys and gold jewelry, and high-dividend targets such as sportswear and white goods. The constituent stocks almost encompass all areas of Hong Kong stock consumption, including POP MART, Mixue Ice City, YUM CHINA, Laopu Gold, Anta Sports, and Nongfu Spring ### Related Stocks - [09992.HK](https://longbridge.com/en/quote/09992.HK.md) - [09987.HK](https://longbridge.com/en/quote/09987.HK.md) - [513230.CN](https://longbridge.com/en/quote/513230.CN.md) - [00HSI.HK](https://longbridge.com/en/quote/00HSI.HK.md) - [STECH.HK](https://longbridge.com/en/quote/STECH.HK.md) - [HSCEI.HK](https://longbridge.com/en/quote/HSCEI.HK.md) - [02276.HK](https://longbridge.com/en/quote/02276.HK.md) - [00291.HK](https://longbridge.com/en/quote/00291.HK.md) - [01876.HK](https://longbridge.com/en/quote/01876.HK.md) - [02580.HK](https://longbridge.com/en/quote/02580.HK.md) - [03998.HK](https://longbridge.com/en/quote/03998.HK.md) - [06181.HK](https://longbridge.com/en/quote/06181.HK.md) - [09896.HK](https://longbridge.com/en/quote/09896.HK.md) - [MNSO.US](https://longbridge.com/en/quote/MNSO.US.md) - [06969.HK](https://longbridge.com/en/quote/06969.HK.md) - [000166.CN](https://longbridge.com/en/quote/000166.CN.md) - [06806.HK](https://longbridge.com/en/quote/06806.HK.md) - [02097.HK](https://longbridge.com/en/quote/02097.HK.md) - [YUMC.US](https://longbridge.com/en/quote/YUMC.US.md) - [02020.HK](https://longbridge.com/en/quote/02020.HK.md) - [09633.HK](https://longbridge.com/en/quote/09633.HK.md) - [80291.HK](https://longbridge.com/en/quote/80291.HK.md) - [HLPD.SG](https://longbridge.com/en/quote/HLPD.SG.md) - [00218.HK](https://longbridge.com/en/quote/00218.HK.md) - [HPPD.SG](https://longbridge.com/en/quote/HPPD.SG.md) - [82020.HK](https://longbridge.com/en/quote/82020.HK.md) ## Related News & Research - [China's Pop Mart warns of 2026 profit margin pressure from higher costs](https://longbridge.com/en/news/286185719.md) - [Pop Mart Declares Final 2025 Dividend and Sets HKD Payout Terms](https://longbridge.com/en/news/286254762.md) - [Pop Mart expands IP empire with debut dessert store in Hebei province](https://longbridge.com/en/news/286178772.md) - [Universal Digital Inc. 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