Zhongtai Securities(SH:600918) Mei Ri Jing Ji Xin Wen·2025-08-14 06:29Group 1 - The core viewpoint is that the Hong Kong stock technology sector still holds long-term investment value, with leading technology companies possessing significant competitive advantages and deep moats [1] - The valuation advantage and upside potential of Hong Kong technology stocks are evident, with a substantial decrease in market congestion compared to the beginning of the year, indicating strong investment value [1] - The overall profitability (ROE) of the technology sector is stabilizing and recovering, with current valuations around 20 times PE, which is relatively at historical lows, suggesting significant room for valuation recovery [1] Group 2 - The Hong Kong Stock Technology ETF (code: 513020) tracks the Hong Kong Stock Connect Technology Index (code: 931573), which is compiled by China Securities Index Company and selects no more than 50 quality companies from the technology sector listed under the Stock Connect program [1] - The index aims to comprehensively reflect the overall performance of securities of technology companies that can be invested through the Hong Kong Stock Connect channel, with constituent stocks showing significant growth potential and market volatility characteristics [1] - Investors without stock accounts can consider the Cathay China Securities Hong Kong Stock Connect Technology ETF Initiated Link C (015740) and Initiated Link A (015739) [1]