“戴维斯双击”黄金机遇！港股科技ETF（513020）低位布局正当时

Core Viewpoint - The Hong Kong technology sector is at a convergence of "valuation trough" and "industry transformation," with policy, technology, and capital factors significantly enhancing its investment value [3]. Group 1: Market Performance - The Hong Kong Technology ETF (513020) has seen a year-to-date increase of approximately 30%, although it has recently been fluctuating around the price range of 1.09 [1]. - As of July 7, 2025, the CSI Hong Kong Technology Index has achieved a return of 29.04% year-to-date, outperforming the Hang Seng Technology Index and the Hong Kong Internet Index, which recorded returns of 16.24% and 24.30% respectively [3]. Group 2: Valuation and Growth Potential - The current price-to-earnings ratio (PE-TTM) of the CSI Hong Kong Technology Index is 20.92, which is at the 20.92 percentile of its historical range, indicating a relatively low valuation level with higher safety margins and potential for appreciation [5]. - Bloomberg consensus forecasts suggest that the EPS of the Hang Seng Technology Index will continue to rise annually from 2025 to 2027, supporting the potential for "valuation recovery" and "profit growth" in the sector [3]. Group 3: Investment Opportunities - Investors interested in the Hong Kong technology sector can consider the Hong Kong Technology ETF (513020) for investment opportunities, while those without stock accounts may look into the Hong Kong Technology ETF feeder funds [6].