Core Viewpoint - The value of Chinese technology assets is increasingly highlighted under the dual drive of the global technology wave and AI industry transformation, presenting new investment opportunities in the Hong Kong technology sector [1] Group 1: Market Performance - As of June 3, the Hang Seng Technology Index has risen by 16.15% this year, outperforming major global indices [1] - The Hang Seng Technology Index is composed of 30 large-cap stocks highly related to technology themes, reflecting the innovation trends in the Hong Kong tech sector [2] Group 2: Investment Potential - The Hong Kong technology sector is expected to have long-term investment potential due to the resonance of industry cycles and policy support, with the index serving as an important tool for investment in this area [1][2] - The index's constituent stocks are characterized by high innovation and growth, with significant short-term volatility but clear high elasticity advantages [2] Group 3: Policy and R&D Investment - Supportive policies are guiding technology companies to increase R&D investment and focus on market capitalization management, gradually improving the fundamentals of Hong Kong tech companies [2] - The ongoing release of policy dividends is injecting new momentum into the technology industry, particularly in fields like chips and software [1] Group 4: Future Outlook - The Hong Kong technology sector is transitioning from valuation repair to performance-driven growth, with significant upward potential remaining [3] - The current valuation of the Hang Seng Technology Index is at 20.43 times, which is notably low compared to historical levels and significantly below indices like the Nasdaq [2]
长城基金雷俊:产业周期与政策支持共振 港股科技板块迎来配置机遇
Shang Hai Zheng Quan Bao·2025-06-08 18:12