Group 1 - The Hang Seng Index rose by 1.19%, the Hang Seng Tech Index increased by 1.80%, and the Hang Seng China Enterprises Index climbed by 1.22% on September 10, with a half-day trading volume of HKD 169.612 billion [1] - The Hong Kong Stock Connect Tech ETF (159101) gained 1.36%, while the Hang Seng Internet ETF (513330) surged by 2.75% [1] - Key stocks in the Hang Seng Internet ETF saw significant increases, with JD.com-SW up by 4.63% and Baidu-SW up by 3.77% [1] Group 2 - The global liquidity improvement following the Federal Reserve's interest rate cuts is expected to benefit Hong Kong stocks, particularly the high-growth and high-volatility tech sector [1] - Hong Kong tech stocks are currently undervalued compared to historical levels, making them sensitive to changes in the US-China interest rate differential [1] - Alibaba's latest quarterly cloud revenue and capital expenditure exceeded market expectations, potentially shifting the narrative from "takeout competition" to AI, which could aid in valuation recovery for the sector [1] Group 3 - Hong Kong tech stocks offer significant valuation advantages compared to global tech assets, with DeepSeek indicating that China is in the top tier of global AI competition [2] - The increasing global influence of China suggests that Chinese tech assets have substantial growth potential, warranting higher valuations [2] - Currently, Hong Kong tech stocks are significantly undervalued compared to major tech indices like NASDAQ and ChiNext, with the valuation gap not fully reflecting their growth potential [2]
哔哩哔哩大涨6.6%,京东涨4.6%,港股科技增长空间打开