SMIC(SH:688981) Mei Ri Jing Ji Xin Wen·2025-04-09 02:57Group 1 - The Hong Kong stock market opened lower, with the Hang Seng Tech Index dropping by 4.26%, but later saw a narrowing of losses, with notable gains in stocks like SMIC and Xiaomi [1] - Southbound capital net purchases of Hong Kong stocks exceeded 13 billion HKD during the trading session, indicating strong investor interest [1] - A-shares in sectors like electronics and computers showed strong upward movement, with the ChiNext 50 ETF rising over 3% [1] Group 2 - The institution believes that the trend of increased investment in Hong Kong stocks by both domestic and foreign capital will continue despite short-term fluctuations, driven by the fundamentals of the stock market [2] - Southbound capital has seen a net inflow of nearly 540 billion HKD this year, highlighting the attractiveness of Hong Kong tech leaders [2] - The Hang Seng Tech Index ETF includes 30 leading tech stocks in Hong Kong, focusing on the AI industry chain, with companies like Alibaba, Tencent, and SMIC positioned as key players in China's tech sector [2]