Mei Ri Jing Ji Xin Wen·2025-09-05 06:07Group 1 - The Hong Kong stock market indices collectively rose on September 5, with technology stocks performing well, particularly in the electric equipment and semiconductor sectors, as well as significant gains in innovative drug concepts and solar energy stocks [1] - The Hang Seng Technology Index ETF (513180) saw an increase of over 1% in the afternoon, with leading stocks including Horizon Robotics, SMIC, Hua Hong Semiconductor, Kuaishou, Midea Group, and Haier Smart Home [1] - The semiconductor sector showed signs of recovery, with SMIC rising nearly 4% in the afternoon, following the release of the "2025-2026 Action Plan for Stable Growth in the Electronic Information Manufacturing Industry," which emphasizes support for key enterprises in the industry [1] Group 2 - As of September 4, the latest valuation (PETTM) of the Hang Seng Technology Index ETF (513180) was 21.39 times, placing it in the 18.77% valuation percentile since the index was launched on July 27, 2020, indicating that the current valuation is lower than 81% of the time since the index's inception [2] - The Hang Seng Technology sector has returned to a historically undervalued range, attracting active capital inflows at low levels, with a net inflow of nearly 320 million yuan on September 4 and over 4 billion yuan in net inflows over the past 20 trading days [2]