港股科技ETF（513020）涨超2.0%，市场关注AI与南向资金驱动估值修复

Group 1 - The core viewpoint is that during the mid-year reporting season, the performance and outlook of internet companies will rapidly reflect market expectations, with a notable shift in policies aimed at curbing excessive competition and low-price subsidies [1] - The market liquidity is abundant, with a short-selling ratio at 15.5%, indicating active long-short trading and potential for short covering in the future [1] - The Hong Kong technology sector has entered a favorable left-side layout period, with negative factors gradually being priced in and fundamental expectations likely to stabilize [1] Group 2 - The Hong Kong Technology ETF (513020) tracks the Hong Kong Stock Connect Technology Index (931573), focusing on technology-related companies listed in Hong Kong that are accessible through the Stock Connect [1] - The index comprises 30 constituent stocks, reflecting a high concentration in the industry and purity in technology, aiming to represent the overall performance of technology stocks within the Stock Connect framework [1] - Investors without stock accounts can consider the Cathay CSI Hong Kong Stock Connect Technology ETF Initiated Link C (015740) and Link A (015739) [1]