港股震荡走低，恒生指数跌幅扩大至1%，港股科技指数跌超1%

Group 1 - The Hong Kong stock market is experiencing a decline, with the Hang Seng Index down by 1% and the Hong Kong Technology Index dropping over 1% [1] - The Hong Kong Technology ETF (513020) tracks the Hong Kong Stock Connect Technology Index (code: 931573), which includes 30 large-cap technology companies with significant R&D investment and good revenue growth, covering sectors like Internet, new energy vehicles, and innovative pharmaceuticals [1] - Huachuang Securities indicates that the technology sector in Hong Kong is expected to strengthen as tariff disputes ease and the April earnings season concludes, shifting market sentiment towards policy and industry trends [1] Group 2 - Huatai Securities notes that an improved policy environment can boost risk appetite, making the relatively undervalued and policy-supported Hong Kong technology sector attractive [2] - The overall policy aims to activate the capital market and reduce financing costs, while structural policies focus on promoting technological upgrades, with positive statements regarding quasi-equalization funds likely to solidify the lower end of the Hong Kong stock index [2] - The focus on technological innovation is a key area of policy support, and the early release of policies is significant for stabilizing expectations amid economic data that has not yet reflected the impact of trade frictions [2]