降准降息叠加港币强势，内外资共振之下，恒生科技有望再掀浪潮

Group 1 - The Hong Kong stock market experienced a collective decline in early trading on May 8, with technology stocks falling while biotechnology stocks rose [1] - The Hang Seng Technology Index turned positive after opening, rising nearly 1.5%, with leading stocks including Li Auto, Meituan, Tencent Music, Trip.com Group, Tencent Holdings, Xiaopeng Motors, and China Literature showing significant gains [1] - The Hong Kong Monetary Authority (HKMA) intervened in the market due to the Hong Kong dollar's strength, injecting a total of HKD 1,166.14 billion into the market following multiple interventions triggered by the strong demand for the currency related to stock investments [1] Group 2 - Despite rising global market risk aversion, the Hong Kong stock market remains attractive to foreign capital, indicating a certain level of investment value [2] - In April, net inflows from southbound funds reached HKD 1,666.72 billion, continuing to rise and marking the third consecutive month of record high levels [2] - The recent interest rate cuts and reserve requirement ratio reductions in China are expected to support the performance of the Hong Kong stock market, with the AI industry and domestic technology sectors likely to benefit from ongoing narratives of self-sufficiency [2]