中概互联网ETF（513050）标的指数涨超3%创近4年新高，机构认为互联网板块情绪有望迎来系统性修复

Core Viewpoint - The Hong Kong stock market is experiencing a significant rally, driven by strong performances from major Chinese internet companies, with the China Internet 50 Index reaching a nearly four-year high, reflecting a robust recovery trend [1] Group 1: Market Performance - As of 14:00, Baidu Group-SW has risen over 8% and Alibaba-W has increased over 5%, contributing to a more than 3% rise in the China Internet 50 Index [1] - The China Internet 50 Index has shown a cumulative increase of approximately 40% since the beginning of the year, indicating strong recovery momentum [1] - The trading volume of the China Concept Internet ETF (513050) has surpassed 3 billion yuan, highlighting increased investor interest [1] Group 2: Driving Factors - The recent rebound is primarily driven by valuation expansion, supported by the positive development of AI businesses, which has led to an overall increase in the valuations of large-cap companies [1] - Improved macro expectations and favorable policies are contributing to a sustained increase in risk appetite within the Hong Kong equity market, particularly in the internet sector [1] - Factors such as expectations of interest rate cuts by the Federal Reserve, deregulation in the U.S. financial sector, and adjustments in U.S. Treasury durations are creating a conducive environment for further declines in the U.S. dollar index, enhancing the attractiveness of the Hong Kong market to foreign capital [1] Group 3: Index Composition - The China Internet 50 Index comprises 50 Chinese internet company securities selected from the Hong Kong stock market and other overseas exchanges, reflecting the overall performance of Chinese internet enterprises listed abroad [1] - Tencent Holdings and Alibaba-W have weights of 33% and 20% respectively in the index, indicating their significant influence on the index's performance [1] - The China Concept Internet ETF (513050) is the only product tracking this index, providing a unique opportunity for investors to conveniently access the Chinese internet sector [1]