南向资金恢复净买入态势，机构称AI将引领港股科技向上

Group 1 - The Hong Kong stock market opened lower on August 6, with the Hang Seng Index down 0.15%, the Hang Seng Tech Index down 0.31%, and the National Enterprises Index down 0.21% [1] - Southbound capital saw a net inflow of HKD 23.426 billion, marking the highest single-day net inflow since April 10, with a cumulative net purchase of HKD 884.382 billion year-to-date, significantly surpassing last year's total [1] - The Hang Seng Tech Index ETF (513180) experienced a net inflow of HKD 2.561 billion over the last five trading days, indicating strong interest in the tech sector [1] Group 2 - AI is driving an upward cycle in the tech sector, with Hong Kong tech assets expected to have greater upside potential due to their scarcity [2] - The recent acceleration in large model technology iterations, exemplified by China's Deepseek-R1 model, is anticipated to enhance AI commercialization [2] - The expectation of a 25 basis point rate cut by the Federal Reserve in September, with over 90% probability, is likely to benefit the Hong Kong market, particularly the tech sector [2] - The Hang Seng Tech Index remains in a historically undervalued range and is highly sensitive to changes in the US-China interest rate differential, positioning it to benefit from a loose overseas liquidity environment [2]