Group 1 - The core viewpoint is that Hong Kong stocks remain attractive in terms of value, despite the significant rise in the Hang Seng Index this year, which has increased by 30% [2] - The AH premium has decreased from 134 to 119 since May, reaching its lowest level in five years, indicating that Hong Kong stocks are not significantly overvalued [1] - The Hang Seng Technology Index has surpassed the 6000-point mark, with expectations of a "catch-up" rally due to continuous inflows from southbound funds and the potential initiation of a new interest rate cut cycle in the U.S. [2] Group 2 - The market is seeing a positive trend in sectors such as technology, lithium batteries, and automotive stocks, with notable gains in companies like NIO and Li Auto [1] - The ongoing policies against "involution" and the rapid iteration of AI models are expected to support a valuation reconstruction for the Hang Seng Technology Index [2] - Investors without a Hong Kong Stock Connect account can consider the Hang Seng Technology Index ETF (513180) to gain exposure to core Chinese AI assets [2]
恒生科技午后持续拉升，机构称港股无需“恐高”
Mei Ri Jing Ji Xin Wen·2025-09-15 05:24