跨境支付通正式上线，港股科技ETF（513020）收涨1.97%

Core Viewpoint - The official launch of the Cross-Border Payment System on June 23, 2025, aims to facilitate capital flow between Mainland China and Hong Kong, providing development opportunities for technology companies in the Guangdong-Hong Kong-Macao Greater Bay Area [1] Group 1: Market Performance - On June 23, the Hong Kong Technology ETF (513020) rose by 1.97% [1] - The Hang Seng Technology Index fell by 0.9% last week, indicating significant net outflow of funds from the information technology sector [1] - The current market performance shows a divergence, with healthcare and materials sectors leading, while consumer and essential consumer sectors lagging [1] Group 2: Investment Outlook - Short-term market performance is expected to rely on incremental capital and sustained policy stimulus, with a focus on oscillation rather than a breakout [1] - In the medium to long term, if the economic fundamentals and corporate earnings resilience improve, the market may return to a trajectory dominated by fundamentals [1] - Global stock ETF fund flows indicate that the technology sector remains one of the most significant areas of net inflow, although the Hong Kong technology sector is under short-term pressure [1] Group 3: Index and Fund Information - The Hong Kong Technology ETF (513020) tracks the Hong Kong Stock Connect Technology Index (931573), which is compiled by Guozheng Index and selects constituent stocks from technology companies listed on the Hong Kong Stock Exchange [1] - The index covers sectors such as information technology and telecommunications, aiming to reflect the overall performance and development trends of the technology sector in the Hong Kong market [1]