美国7月CPI不及预期，降息预期再度升温！恒生科技指数ETF（513180）高开高走

Group 1 - The Hong Kong stock market opened strong on August 13, with major indices rising, particularly driven by Apple-related stocks and film industry shares [1] - The Hang Seng Tech Index ETF (513180) increased by over 1%, with leading stocks including Tencent Music, Sunny Optical Technology, Bilibili, Alibaba, Hua Hong, and Baidu Group, among which Tencent Music surged over 17% [1] - The U.S. Labor Department reported a 2.7% year-on-year increase in CPI for July, which was below market expectations, leading to heightened expectations for a Federal Reserve rate cut in September [1] Group 2 - Open Source Securities noted that inflation remained relatively stable in July, with the Federal Reserve likely to initiate a 25 basis point rate cut in September [2] - The impact of tariffs on inflation was evident in the July CPI, but overall inflation did not rebound further due to energy sector drag, reducing obstacles for the Fed's rate cut [2] - The Hang Seng Tech Index is currently in a historically undervalued range and is expected to benefit significantly from improved overseas liquidity, especially given its high elasticity and growth characteristics [2]