关注港股科技ETF（513020）投资机会，估值低位与政策驱动或带来行业利好

Group 1 - Recent market sentiment has declined, leading to a significant pullback in Hong Kong stocks, particularly in the internet and social services sector, which is currently at a low valuation with potential for upward movement [1] - The rise in AI capital expenditure, coupled with increased support for technological innovation policies, suggests that leading companies in the technology sector have medium to long-term growth potential [1] - Despite adjustments in upstream resource and discretionary consumption sectors due to the fading "anti-involution" sentiment and weakening consumption expectations, policy stability and positive signals from the Political Bureau meeting are expected to support the market's valuation recovery under structural policy guidance [1] Group 2 - The Hong Kong Technology ETF (513020) tracks the Hong Kong Stock Connect Technology Index (931573), which selects listed companies in information technology, electronic components, interactive media and services, online retail, and payment services to reflect the overall performance of technology-related securities traded through Hong Kong Stock Connect [1] - The constituent stocks of the index are primarily dominated by the information technology sector, focusing on technology industry allocation [1] - Investors without stock accounts may consider the Cathay CSI Hong Kong Stock Connect Technology ETF Initiated Link A (015739) and Cathay CSI Hong Kong Stock Connect Technology ETF Initiated Link C (015740) [1]