Group 1 - The core viewpoint is that the Hong Kong stock market, particularly the technology sector, is experiencing significant improvements in liquidity and investment potential, with a notable increase in both trading volume and new listings [2][3]. - The Hong Kong Technology 30 ETF (513160) has seen a net inflow of over 170 million yuan in the past five days, indicating strong investor interest [2]. - The Hang Seng Index has risen by 20% in the first half of 2025, marking the largest increase in points for any first half of the year [2]. Group 2 - The Hong Kong technology sector is currently viewed as being in a "valuation trough" and is positioned for potential recovery due to favorable policies, technological advancements, and capital influx [3]. - The price-to-earnings ratio (PE-TTM) of the Hang Seng Technology Index is approximately 20 times, which is below the 9th percentile since July 27, 2020, suggesting a high potential for valuation recovery [3]. - Analysts predict that the earnings per share (EPS) of the Hang Seng Technology Index will increase year-on-year from 2025 to 2027, indicating a potential "valuation recovery" and "earnings growth" scenario [3].
港股科技股多数上涨，港股科技30ETF（513160）涨超1%，机构：港股科技配置价值逐渐凸显
Sou Hu Cai Jing·2025-07-08 02:02