Mei Ri Jing Ji Xin Wen·2025-08-28 06:04Group 1 - The Hong Kong stock market indices experienced a collective decline, with technology stocks mostly falling and semiconductor stocks showing strength [1] - The Hang Seng Technology Index ETF (513180) saw a significant drop, with major holdings like Meituan and Xiaopeng Motors experiencing declines of over 12% [1] - The trading volume for the Hang Seng Technology Index ETF (513180) exceeded 6.5 billion yuan, indicating intense capital speculation [1] Group 2 - As of August 27, the latest valuation (PETTM) for the Hang Seng Technology Index ETF (513180) was 22.3 times, which is below 74% of the time since the index was launched [2] - The current valuation of the Hang Seng Technology Index is considered historically low, suggesting potential upward momentum due to improving external liquidity and expectations of interest rate cuts by the Federal Reserve [2] - Investors without a Hong Kong Stock Connect account can access core Chinese AI assets through the Hang Seng Technology Index ETF (513180) [2]