港股通科技ETF(159262)盘中逆势上扬，“纯科技”属性弹性突出！跟踪指数恒生港股通科技表现同类最优

Core Viewpoint - The Hong Kong Stock Connect Technology ETF (159262) is experiencing positive performance, with significant gains in key component stocks, indicating a favorable market environment for technology investments in Hong Kong [1][2]. Group 1: ETF Performance - As of July 10, 2025, the Hong Kong Stock Connect Technology ETF (159262) increased by 0.10%, with notable gains in component stocks such as InnoCare Pharma rising nearly 6% and BYD Electronics and Sunny Optical Technology rising nearly 5% [1]. - The ETF recorded a turnover of 1.88% during the trading session, with a total transaction value of 24.4556 million [1]. - Over the past week, the average daily trading volume of the ETF reached 315 million [1]. Group 2: Index Performance - The Hang Seng Hong Kong Stock Connect Technology Index (HSSCITI) saw an intraday increase of 0.49%, outperforming other indices such as the Hong Kong Stock Connect Internet and Technology indices [1]. - The latest market capitalization of the Hong Kong Stock Connect Technology ETF stands at 1.295 billion [1]. Group 3: Valuation Insights - The HSSCITI's latest price-to-earnings ratio (PE-TTM) is 21.08, which is in the 0.75 percentile over the past year, indicating that the valuation is lower than 99.25% of the time in the last year, suggesting a historical low [1]. Group 4: Index Composition - As of July 8, 2025, the top ten weighted stocks in the HSSCITI include Kuaishou-W, SMIC, Xiaomi Group-W, Tencent Holdings, Alibaba-W, Meituan-W, Lenovo Group, Bilibili-W, Sunny Optical Technology, and Kingdee International, collectively accounting for 75.36% of the index [2]. - Notably, the combined weight of leading AI companies Xiaomi, Alibaba, and Tencent exceeds 30%, alongside core "hard tech" stocks like SMIC and Hua Hong Semiconductor, forming a concentrated group of technology leaders [2]. Group 5: Long-term Outlook - According to GF Securities, the premium center of China's technology industry is expected to continue rising, with significant excess returns observed in Hong Kong's technology sector since 2005 [2]. - The technology sector has shown high elasticity and sustainability during various market cycles, with each increase in technology premium closely linked to industrial transformations, typically occurring in approximately five-year cycles [2]. - Current core industries in technology are entering a localization phase, with new productivity sectors such as artificial intelligence, humanoid robots, and low-altitude economy receiving policy support [2].