关税豁免？港股大爆发，阿里巴巴涨近6%！恒生科技ETF基金(513260)大涨超2%，南向资金史诗级净流入，年内累计超5800亿元

Core Viewpoint - The Hong Kong stock market, particularly the Hang Seng Technology ETF (513260), has shown strong performance with significant capital inflows and positive market sentiment driven by recent developments in U.S. tariff policies [1][3]. Group 1: Market Performance - The Hang Seng Technology ETF (513260) opened with a rise of over 2%, with trading volume quickly surpassing 300 million HKD and a premium rate of 0.04%, indicating active capital participation [1]. - The ETF has seen net inflows for 16 consecutive days, totaling over 2.3 billion HKD in the last 60 days [1]. - Notable stocks within the ETF, such as Alibaba, have surged nearly 6%, while other key players like Huahong Semiconductor and XPeng Motors have increased by over 5% [3]. Group 2: Capital Inflows - Southbound capital continues to flow into the market, with a net purchase of 11.69 billion HKD on April 11, bringing the total net inflow since the beginning of the year to over 581.2 billion HKD [3]. - The top stocks attracting investment in the past week include Alibaba, Tencent, Xiaomi, Meituan, and SMIC, indicating a strong focus on technology assets [5]. Group 3: Tariff Policy Impact - The U.S. Customs and Border Protection has excluded several products, including communication devices and semiconductor equipment, from previously announced "reciprocal tariffs," which may positively influence market sentiment [1]. - Analysts from Yinhe Securities suggest that the fluctuating U.S. tariff policies have created uncertainty in global equity markets, but domestic growth policies in China are stabilizing investor sentiment [6]. - Wanlian Securities emphasizes that the tariff disputes are accelerating the push for domestic self-sufficiency, particularly in the semiconductor sector, which is expected to enhance the market share of domestic alternatives [7]. Group 4: Investment Opportunities - The Hang Seng Technology Index has outperformed other indices, with a cumulative increase of 16% since January 14, making it an effective investment tool for capitalizing on the AI wave [8]. - The Hang Seng Technology ETF (513260) has the lowest management fee in the market at 0.15%, making it an attractive option for investors [8].