Group 1 - The Hong Kong stock market showed mixed performance with the Hang Seng Tech Index declining, while the largest ETF in the same sector fluctuated around 0% [1] - As of September 1, southbound capital inflow reached a cumulative net inflow of 990.94 billion HKD this year, nearing the 1 trillion HKD mark [1] - Recent data indicates a potential improvement in foreign capital flow, with long-term stable foreign institutional funds inflowing approximately 67.7 billion HKD from May to July [1] Group 2 - Haitong International noted that the Federal Reserve's shift towards rate cuts could lead to an unexpected return of foreign capital [2] - The preference of foreign capital in Hong Kong stocks is particularly strong in the technology and financial sectors, with significant inflows observed since May [2] - Alibaba's better-than-expected earnings report may catalyze a return to AI narratives within the Hang Seng Tech Index, which is currently undervalued [2]
南向资金持续净流入，机构称外资存在超预期回流可能，港股科技板块有望获外资青睐
Sou Hu Cai Jing·2025-09-02 02:28