A股调整之后，重视港股AI，补涨逻辑有哪些？

Group 1 - The core viewpoint is that the Hong Kong stock market, particularly in technology, is attracting increasing attention due to its relatively cheap valuations amid heightened volatility in the A-share market [1][3] - The Hong Kong Internet ETF (513770) has seen significant capital inflows, with a net inflow of 291 million yuan recently and a cumulative net inflow of 1.961 billion yuan over the past 20 days [1][3] - Compared to the A-share market, the valuation of Hong Kong technology stocks is more attractive, with multiple factors supporting a potential rebound in the sector [3][5] Group 2 - Major companies like Alibaba and Tencent are not only investors in AI computing power but also key developers of AI models and providers of mainstream AI applications, making them focal points for investment in AI applications [5][6] - The Hong Kong Internet ETF (513770) has outperformed the Hang Seng Technology Index, with a cumulative increase exceeding 10 percentage points compared to the latter [5][8] - The ETF's top holdings include Xiaomi, Tencent, Alibaba, and Meituan, which collectively account for over 54.74% of the fund, indicating a strong focus on leading technology firms [6][7] Group 3 - The Hong Kong Internet ETF has a current fund size exceeding 9.3 billion yuan, with an average daily trading volume of 596 million yuan, indicating good liquidity [7] - The index tracked by the ETF has shown significant volatility in past years, with a notable increase of 109.31% in 2020, followed by declines in subsequent years [8]