港股中报季进入尾声，机构称新旧经济分化明显，建议关注科技成长股的投资机会

Group 1 - The Hong Kong stock market indices collectively declined, with the Hang Seng Technology Index showing a reduced drop, while the pharmaceutical sector remained active and gold stocks continued to gain traction [1] - As of August 31, 98.6% of the 2,276 companies listed on the Hong Kong main board had disclosed their interim results, indicating a slowdown in revenue growth for the first half of 2025, but an overall improvement in profitability [1] - The analysis highlighted a clear divide between new and old economies, with information technology, pharmaceuticals, and discretionary consumption performing well, while sectors like energy, real estate, and industrial capital goods faced performance pressures [1] Group 2 - Southbound funds have net bought over 1 trillion HKD this year, with a recent focus on AI core assets in Hong Kong stocks, particularly Alibaba, which has seen net buying for eight consecutive days [2] - The Hang Seng Technology Index ETF (513180) includes 30 leading Hong Kong tech companies, focusing on the AI industry chain, with potential "seven giants" in Chinese tech such as Alibaba, Tencent, Xiaomi, Meituan, and SMIC [2] - Investors without a Hong Kong Stock Connect account can access Chinese AI core assets through the Hang Seng Technology Index ETF (513180) [2]