恒生科技站上6000点，突破前高在即！美联储九月有望降息，外资回补中国仓位或率先回归恒生科技

Core Insights - The Hang Seng Technology Index has seen a significant rise, surpassing the 6000-point mark, indicating a potential breakthrough of previous highs [1][2] - The market perceives a potential interest rate cut by the Federal Reserve as a strong signal, leading to a drop in U.S. Treasury yields and the dollar index, which enhances global liquidity expectations [1] - The Hang Seng Technology Index is viewed as a key alternative for foreign investment in China's new economy, particularly attractive in a loose liquidity environment, especially in sectors like AI and internet platforms [1] Market Dynamics - Continuous inflow of southbound funds and the anticipated start of a new interest rate cut cycle in the U.S. may lead to a resonance of both domestic and foreign capital in Hong Kong stocks in September [2] - The Hang Seng Technology Index, previously under pressure, is expected to experience a "catch-up" rally due to external liquidity sensitivity [2] - The ongoing anti-involution policies, coupled with Alibaba's better-than-expected earnings report and rapid iterations in AI large models, suggest a potential revaluation of the Hang Seng Technology Index [2] Investment Opportunities - Investors without a Hong Kong Stock Connect account can consider the Hang Seng Technology Index ETF (513180) as a means to gain exposure to core Chinese AI assets [2]