Group 1 - The Hong Kong stock market showed mixed performance on July 31, with significant declines in gold stocks and fluctuations in large tech stocks, while automotive stocks continued to decline [1] - The Hang Seng Technology Index ETF (513180) experienced volatility, with notable gains in stocks like Kingdee International, Kuaishou, and SMIC, while Meituan and BYD led the declines, with Kuaishou rising over 7% [1] - CITIC Securities highlighted a "water buffalo" market characteristic, suggesting an increased allocation to the Hang Seng Technology and Sci-Tech sectors, anticipating a rebound in the Sci-Tech board due to supportive policies and the upcoming World Artificial Intelligence Conference in 2025 [1] Group 2 - As of July 30, the latest valuation (PETTM) of the Hang Seng Technology Index ETF (513180) was 21.71 times, indicating it is in a historically low valuation range, below 78% of the time since its inception on July 27, 2020 [2] - The Hang Seng Technology Index is characterized by high elasticity and growth potential, suggesting significant upward momentum [2] - Investors without a Hong Kong Stock Connect account can access Chinese AI core assets through the Hang Seng Technology Index ETF (513180) [2]
恒生科技盘中震荡，机构称当前是平衡港A配比的好时机，建议增配恒生科技
Mei Ri Jing Ji Xin Wen·2025-07-31 05:29