南向资金年内净流入突破9000亿港元！创历史新高，恒生科技迎补涨机遇

Group 1 - Southbound capital continues to flow into the Hong Kong stock market, with net inflows exceeding HKD 900 billion this year, surpassing the total for 2024 and setting a historical record [1] - The capital is primarily directed towards core assets in artificial intelligence and new consumption, reflecting the development trend of emerging industries [1] - The trading activity in the Hong Kong stock market remains high, forming a positive cycle with Chinese assets [1] Group 2 - The Hong Kong technology sector, which has lagged recently, may soon see a rebound as major tech companies are set to disclose earnings in mid-August, with financial and core innovation indicators becoming crucial for validating AI prosperity [3] - Increased competition among internet platform companies has been fully priced into the market, laying the groundwork for a potential rebound [3] - The Hang Seng Technology Index includes 30 leading Hong Kong tech companies, focusing on various aspects of the AI industry chain, providing investors with opportunities to invest in core AI assets in China [4] Group 3 - Despite a potential short-term market fluctuation, structural opportunities still exist, driven by liquidity in the current weak economic recovery environment [4] - Changes in market risk appetite are influencing market dynamics, with a recent cooling of domestic policy expectations [4] - The scarcity characteristics of AI and new consumption sectors are likely to attract further capital, supporting a positive trend in the Hong Kong stock market [4]