Core Viewpoint - The Hong Kong Stock Exchange (HKEX) has launched the "HKEX Technology 100 Index" to expand its index business and enhance the capital market ecosystem in the region, with a focus on technology companies [1] Group 1: Index Launch and Composition - The HKEX Technology 100 Index is the first broad-based stock index launched by HKEX, tracking the performance of the 100 largest technology companies listed on the Hong Kong Stock Exchange [1] - The index includes only stocks that qualify for the Stock Connect program, catering to both international and mainland Chinese investors [1] - The constituent companies span six major innovative themes: artificial intelligence, biotechnology and pharmaceuticals, electric vehicles and smart driving, information technology, internet, and robotics [1] Group 2: Company Recognition and Benefits - The inclusion of the company in the index reflects its compliance with strict standards in terms of growth potential, market capitalization, liquidity, and financial health, enhancing its brand reputation and market credibility [1] - The index is expected to improve the company's stock liquidity and trading activity [1] Group 3: Strategic Partnerships - HKEX has signed an agreement with E Fund Management Co., a mainland Chinese asset management company, to launch an exchange-traded fund (ETF) tracking the HKEX Technology 100 Index in mainland China [1]

Market Overview - The Hang Seng Index (HSI) closed at 25,458.69, up by 24.46 points or 0.10% from the previous close [1] - The index experienced a trading range with a high of 25,531.29 and a low of 25,420.30, with a trading volume of 36.788 million shares [1] Major Blue-Chip Stocks Performance - HSBC Holdings closed at HKD 110.181, reflecting an increase of 0.62% compared to the Hong Kong close [2] - Tencent Holdings closed at HKD 601.643, showing a slight decline of 0.14% from the Hong Kong close [2] Stock Price Movements - Tencent Holdings: Latest price HKD 602.500, down by HKD 2.500 or 0.41% [3] - Alibaba Group: Latest price HKD 150.900, down by HKD 2.500 or 1.63% [3] - HSBC Holdings: Latest price HKD 109.500, up by HKD 0.400 or 0.37% [3] - China Construction Bank: Latest price HKD 7.610, down by HKD 0.050 or 0.65% [3] - Xiaomi Group: Latest price HKD 41.260, down by HKD 1.320 or 3.10% [3] - AIA Group: Latest price HKD 77.250, down by HKD 0.650 or 0.83% [3] - Meituan: Latest price HKD 97.350, down by HKD 2.150 or 2.16% [3] - Industrial and Commercial Bank of China: Latest price HKD 6.120, up by HKD 0.010 or 0.16% [3] - Hong Kong Exchanges and Clearing: Latest price HKD 401.200, down by HKD 3.400 or 0.84% [3] - Ping An Insurance: Latest price HKD 60.750, down by HKD 1.000 or 1.62% [3] - Ctrip Group: Latest price HKD 539.500, down by HKD 5.000 or 0.92% [3] - Baidu Group: Latest price HKD 121.400, down by HKD 4.400 or 3.50% [3] - JD Group: Latest price HKD 114.900, down by HKD 1.300 or 1.12% [3]

Group 1 - The Hong Kong stock market is experiencing low trading activity, with Hong Kong Exchanges and Clearing Limited (00388) facing continuous pressure on its stock price, currently at 400.2 HKD, down 0.99%, testing the psychological level of 400 HKD [1] - The market shows a cautious attitude from investors, reflected in a volatility of only about 2.9% over the past five days, indicating a lack of clear direction [1] Group 2 - Technical analysis indicates that the stock price of Hong Kong Exchanges is in a critical technical zone, with a weak short to medium-term trend. Key resistance levels are identified at 408.26 HKD (10-day MA), 419.8 HKD (30-day MA), and 428.86 HKD (60-day MA) [2] - Support levels are clearly defined, with 393 HKD as the first support level, which has been tested multiple times, and 385 HKD as the second support level, providing strong psychological support [2] - The primary target for short-term rebounds is set at 411 HKD, close to the 10-day moving average, while 429 HKD serves as a significant medium-term resistance level [2] Group 3 - In the derivatives market, there are opportunities in both bullish and bearish products, with some bearish products showing significant gains despite limited volatility in the underlying stock [5] - For instance, UBS put warrants (19854) rose by 17% and Bank of China put warrants (19860) increased by 11% when the underlying stock fell by approximately 1.52% [5] Group 4 - For investors anticipating a technical rebound, high-leverage and cost-effective options are available, such as Morgan Stanley call warrants (15212) with a leverage of about 4.1 times and lower premium options like Societe Generale call warrants (14638) at 3.9 times [8] - In the bull certificate category, UBS bull certificates (64102) stand out with a leverage of 20.6 times and a redemption price of 386 HKD, close to the second support level, making it suitable for investors looking for rebounds [8] Group 5 - For those expecting continued price adjustments, bearish options such as Morgan Stanley put warrants (19827) with a leverage of 14.1 times and a strike price of 387.8 HKD are recommended, as they are near the second support level [13] - The focus on bearish certificates that correspond with resistance levels, such as Societe Generale bear certificates (55993) with a redemption price of 430 HKD, is also advised for conservative investors [13]

Core Viewpoint - The Hong Kong Stock Exchange (HKEX) has launched the HKEX Technology 100 Index, aimed at expanding its index business and promoting the development of the regional capital market ecosystem [1][2]. Group 1: Index Overview - The HKEX Technology 100 is a broad-based stock index tracking the performance of the 100 largest technology companies listed on the Hong Kong Stock Exchange, covering six major innovative themes: artificial intelligence, biotechnology and pharmaceuticals, electric vehicles and smart driving, information technology, the internet, and robotics [1]. - All constituent stocks of the index are eligible for Hong Kong Stock Connect, catering to the investment needs of international and mainland Chinese investors [1]. Group 2: Strategic Partnerships - HKEX has signed an agreement with E Fund Management Co., Ltd. to authorize the launch of an exchange-traded fund (ETF) in mainland China that tracks the HKEX Technology 100 [1][2]. - The CEO of HKEX emphasized the importance of this index as a milestone in the development of the group's index and data business, highlighting Hong Kong's critical role in promoting the growth of emerging industries [1]. Group 3: Index Inclusion Criteria - The index has three main selection criteria: a minimum listing period of six months, a fundamental requirement where R&D expenditure must account for at least 3% of revenue or revenue must grow by at least 5% year-on-year over the past two fiscal years, and a liquidity requirement with an average daily trading volume exceeding 20 million HKD over the past six months [3].

Core Viewpoint - The Hong Kong Stock Exchange (HKEX) has launched the HKEX Technology 100 Index, the first technology-focused stock index in Hong Kong, tracking the performance of the 100 largest technology companies listed on the exchange [1] Group 1: Index Overview - The HKEX Technology 100 is a broad-based stock index that includes companies from six major innovation themes: artificial intelligence, biotechnology and pharmaceuticals, electric vehicles and smart driving, information technology, internet, and robotics [1] - All constituent stocks of the index are eligible for the Stock Connect program, catering to the investment needs of both international and mainland Chinese investors [1] Group 2: Constituent Companies - Major companies included in the index are Tencent Holdings, Alibaba, Xiaomi Group, Meituan, JD Group, as well as emerging tech firms like Meitu and Yixin Group [1] - The index also features new energy and smart driving companies such as CATL and BYD, along with AI and robotics firms like Fourth Paradigm and UBTECH [1] Group 3: Market Impact - HKEX Group CEO, Charles Li, stated that the index covers multiple innovative industries that are reshaping the Hong Kong stock market landscape, highlighting the market's critical role in promoting the development of these emerging sectors [1] - The index serves as an effective and comprehensive investment tool for investors to seize opportunities in technology and emerging fields [1]

Group 1 - Hong Kong Stock Exchange launched its first Hong Kong stock index, the Hong Kong Stock Exchange Technology 100 Index, which includes EasyOne Group as a constituent stock [1] - The index aims to track the performance of the 100 largest technology companies listed on the Hong Kong Stock Exchange, focusing on six innovative themes: artificial intelligence, biotechnology and pharmaceuticals, electric vehicles and smart driving, information technology, internet, and robotics [1] - The launch of the index is a significant milestone for the Hong Kong Stock Exchange in expanding its index business and provides a benchmark for investors in the technology sector [1] Group 2 - EasyOne Group's inclusion in the index reflects its recognition as an "AI-driven financial technology platform" and its deep integration of AI technology into the automotive finance value chain [2] - The company aims to accelerate AI empowerment in the industry, having already achieved significant scale in AI applications across its business [2] - EasyOne Group operates in six countries and over 340 cities, connecting 44,000 dealers and more than 100 financial institutions, serving over 15 million customers with a transaction scale exceeding 400 billion [2]

Group 1 - The recent market performance resembles early 2024, with a focus on the CSI 300 index while technology and Hong Kong stocks are declining sharply [2][4] - The Hong Kong Stock Exchange has launched the Hong Kong Stock Exchange Technology 100 Index, which tracks the performance of the 100 largest technology companies listed on the exchange [18][20] - The new index includes stocks that are eligible for the Stock Connect program, catering to both international and mainland Chinese investors [18][20] Group 2 - The performance of the Hong Kong Stock Exchange Technology 100 Index has slightly outperformed the Hang Seng Technology Index over the past three years [19] - The market temperature for A-shares is currently at 65.38, indicating a slight decrease, while the Hong Kong market temperature is at 38.83, also showing a decline [19][21] - The Hang Seng Technology Index consists of only 30 constituent stocks, whereas the new Technology 100 Index includes 100 stocks, providing a broader investment opportunity [20]

Core Viewpoint - The Hong Kong Stock Exchange (HKEX) has launched the Hong Kong Stock Exchange Technology 100 Index, marking its first technology-focused stock index [1] Group 1: Index Composition and Criteria - The Technology 100 Index includes stocks that meet specific liquidity and R&D growth criteria: an average daily trading volume of at least HKD 20 million over the past six months and R&D expenditure accounting for over 3% of revenue or revenue growth exceeding 5% over the past two years [1][2] - Selected companies include major players such as Tencent Holdings, Alibaba Group, CATL, Lenovo Group, Xiaomi Group, BYD, Meituan, SMIC, and WuXi AppTec [1] Group 2: Index Methodology - The index is calculated using a free-float market capitalization weighting method, with a maximum weight of 12% for any single constituent [2] - Constituents will be reviewed and adjusted biannually in June and December, with data cut-off dates on the last trading day of April and October [2] - The index aims to select technology stocks with market interest and growth potential, catering to the demand from mainland investors for technology investment opportunities in the Hong Kong market [2]

今天说两个事情： 摩根十万，就坚持了1天；香港指数也很卷。 第一、摩根十万，就坚持了1天 来源：投基摸狗 昨天我说了摩根放开QD额度到1天10万，我猜摩根坚持不了几天，结果不用几天，已经改了——大家看 大的销售渠道，天天基金和蚂蚁基金（图一、图二），摩根的纳指和标普的限额已经变成1万了。 我听说是摩根没宣传，但是抢疯了，好几个其他基金公司或是销售渠道的人传一天卖了十几个亿，不知 道这消息准确不准确。 我就好奇了一个问题为啥摩根同时放开纳指和标普都到十万，大家都关注纳指，标普讨论的相对就少不 少。 之前有一些朋友在我后台留言问的也都是纳指有没有额度，问标普的少。 莫非大家都关注ai？ 当然还是那些话： 即使降低到1天限购1万，摩根的纳指和标普额度也是目前比较多的基金公司。 如果要买的可以考虑，相对来说QD额度比较紧缺，1天1万对咱们普通老百姓来说，也不少。 如果担心风险的没必要买，我一直就是这样的观点，我也没收摩根啥钱（当然现在这样火，人家也不需 要宣传），所以我的立场就是提供信息，想买的就买，觉得有风险就等等。 第二、香港指数也很卷 很多人上午看到这个基金新闻了——香港交易所今天推出了香港交易所科技100指数 ...

Core Viewpoint - The Hong Kong Stock Exchange (HKEX) has launched the HKEX Technology 100 Index, marking its first stock index for Hong Kong stocks, aimed at expanding its index business and promoting the development of the regional capital market ecosystem [1][3]. Group 1: Index Overview - The HKEX Technology 100 Index is a broad-based stock index that tracks the performance of the 100 largest technology companies listed on the Hong Kong Stock Exchange [3]. - The index covers six major innovative themes: artificial intelligence, biotechnology and pharmaceuticals, electric vehicles and smart driving, information technology, the internet, and robotics [3]. - All constituent stocks of the index are eligible Hong Kong Stock Connect stocks, catering to the investment needs of international and mainland Chinese investors [3]. Group 2: Strategic Partnerships - HKEX has signed an agreement with E Fund Management Co., Ltd. to launch an exchange-traded fund (ETF) in mainland China that tracks the HKEX Technology 100 Index [4]. - The CEO of HKEX emphasized that the index highlights Hong Kong's critical role in promoting the development of emerging industries and provides investors with an effective investment tool [3][4]. - E Fund's chairman expressed anticipation for the ETF product, aiming to enable investors to share in the investment opportunities of Hong Kong-listed technology companies [4]. Group 3: Inclusion Mechanism - The HKEX Technology 100 Index features a rapid inclusion mechanism, allowing newly listed companies that meet specific criteria to be added to the index outside the regular review cycle [3].