政策利好叠加产业突破，港股科技板块未来可期

Group 1 - The capital market policies in recent years have significantly increased, focusing more on supporting technological development [1] - The reform direction of the capital market aims to optimize resource allocation and guide orderly flow of factors to serve the development of new productivity [1] - China's technology is transitioning from a "follower" to a "leader" due to strong policy support and collaborative industry efforts [1] Group 2 - Milestone breakthroughs have been achieved in several key technology fields in China since 2024, with Huawei's Ascend chip performance nearing international leading levels [1] - Companies like iFlytek and BYD have surpassed international counterparts in core capabilities and technology, respectively [1] - The innovation paradigm of "pressure-response-breakthrough" is reshaping the global technology competition landscape [1] Group 3 - The Hong Kong stock market is gathering core domestic AI assets, covering the entire industry chain including computing power, models, software applications, and hardware terminals [1] - The Hong Kong Stock Connect Technology ETF (subscription code: 159101) closely tracks the National Index of Hong Kong Stock Connect Technology, covering major tech leaders like Xiaomi, Tencent, Alibaba, Meituan, BYD, SMIC, and BeiGene [2] - The top five constituent stocks account for 57% of the weight, while the top ten account for 77%, providing a comprehensive investment tool for investors to access leading Chinese tech companies [2]