南向资金净买入超165亿港元，恒生科技ETF易方达（513010）等产品成交活跃

Core Viewpoint - The Hong Kong stock market experienced fluctuations and a slight decline, while southbound funds recorded a net inflow exceeding 16.5 billion HKD, indicating continued interest from investors [1]. Group 1: Market Performance - The Hang Seng Technology Index fell by 0.7%, and the Hang Seng New Economy Index decreased by 1.0%, reflecting a general downturn in the market [1]. - The CSI Hong Kong Stock Connect Internet Index and the CSI Hong Kong Stock Connect Consumer Theme Index both declined by 0.6% [1]. - The E Fund Hang Seng Technology ETF (513010) had a trading volume of nearly 1.5 billion HKD, with a net inflow of over 2 billion HKD in the past month, reaching a historical high in scale [1]. Group 2: Investment Insights - According to Founder Securities, the performance of the Hong Kong stock market in the past two months has been slightly weaker than that of the A-share market, with the Hang Seng Index and Hang Seng Technology Index showing lower growth rates compared to the overall A-share market [1]. - The Hong Kong stock market is considered to have attractive valuations, particularly in sectors like artificial intelligence and innovative pharmaceuticals, which are seen as representative and scarce [1]. - There is an expectation for continued inflow from southbound funds and foreign capital, suggesting a positive outlook for the Hong Kong stock market in the future [1].