美联储9月降息预期升温，恒生科技ETF（513130）有望受益，最新规模、份额齐创新高

Core Viewpoint - The Hong Kong stock market is experiencing a significant rebound, driven by strong performances in sectors such as media, agriculture, and pharmaceuticals, amid a favorable economic outlook following the release of U.S. inflation data [1] Group 1: Market Performance - The overall Consumer Price Index (CPI) in the U.S. rose by 2.7% year-on-year in July, lower than the expected 2.8%, indicating a moderation in inflationary pressures [1] - The core CPI increased by 3.1% year-on-year, slightly above the expected 3%, but the market perceives the overall data as mild, enhancing expectations for potential interest rate cuts by the Federal Reserve [1] Group 2: Investment Opportunities - The Hong Kong stock market is expected to benefit from the outflow of U.S. dollars and global capital reallocation, particularly in the technology sector, which is sensitive to interest rate changes [1] - The Hang Seng Tech ETF (513130) has seen a net inflow of funds for two consecutive days, totaling 790 million shares, reaching historical highs in both scale and share count at 31.034 billion yuan and 4.3102 billion shares, respectively [1] - The ETF's liquidity is notable, with an average daily trading volume of 4.826 billion yuan, making it a convenient asset allocation tool in a loose liquidity environment [1] Group 3: ETF Characteristics - The underlying assets of the Hang Seng Tech ETF (513130) are characterized by their scarcity and quality, comprising 30 leading companies in the internet and manufacturing sectors with strong R&D capabilities [1] - The top five weighted stocks in the Hang Seng Tech Index include Tencent Holdings, NetEase, Alibaba, Xiaomi, and SMIC, representing a unique asset type in the Hong Kong market [1] - Investors without stock accounts can consider the offshore connecting funds (Class A 015310/Class C 015311) to gain exposure to leading Hong Kong tech assets [1]