Core Viewpoint - The Hong Kong Stock Connect Technology ETF (159262) is experiencing a positive trend, driven by leading stocks such as Kuaishou-W, with a focus on the technology sector amidst favorable market conditions [1][2]. Group 1: ETF Performance - As of July 14, 2025, the Hong Kong Stock Connect Technology ETF (159262) has achieved three consecutive days of gains, with Kuaishou-W leading the charge [1]. - The ETF's trading volume reached 98.9 million yuan, with a turnover rate of 7.5% [1]. - The ETF's latest scale stands at 1.307 billion yuan [1]. Group 2: Index Performance - The Hang Seng Stock Connect Technology Index (HSSCITI) has shown resilience, outperforming similar indices such as the Hang Seng Internet and Technology indices [1]. - The HSSCITI's current price-to-earnings ratio (PE-TTM) is 21.18, indicating it is at a historical low, being below 96.99% of the time over the past year [1]. Group 3: Top Holdings - As of July 11, 2025, the top ten weighted stocks in the HSSCITI account for 74.91% of the index, with Kuaishou-W, SMIC, Xiaomi Group-W, Tencent Holdings, and Alibaba-W being the most significant contributors [2]. - Notably, the combined weight of AI leaders Xiaomi, Alibaba, and Tencent exceeds 30%, highlighting a concentration of technology leaders within the index [2]. Group 4: Market Outlook - The current phase of the Hong Kong technology sector is characterized by a convergence of "valuation trough" and "industrial transformation," with supportive policies and funding enhancing the investment landscape [2]. - Institutions anticipate a gradual increase in earnings per share (EPS) for the Hang Seng Technology Index from 2025 to 2027, suggesting a potential "valuation recovery" and "earnings growth" scenario [2].
港股通科技ETF(159262)逆市红盘冲击3连涨，上市以来较恒生科技超额收益超1%，纯科技属性高弹性凸显
Xin Lang Cai Jing·2025-07-14 02:44