美联储降息临近+AI叙事引爆，阿里市值重回3万亿，香港科技ETF (159747)冲击9连阳，港股通科技ETF南方(159269)涨超1%

Group 1 - The Hong Kong stock market showed strong performance, with the Hang Seng Index rising by 1% and the Hang Seng Tech Index increasing by 2.76%, driven by significant gains in stocks like Baidu, which surged by 12%, and Alibaba, which rose by 4.5%, reaching a market capitalization of 3 trillion HKD [1] - A strategic cooperation framework agreement was signed between China Merchants Group and Baidu on September 15, focusing on collaboration in AI technologies, cloud computing, and various sectors including technology innovation, logistics, and finance [1] - Reports indicate that Jack Ma's return is boosting Alibaba's focus on artificial intelligence and its dominance in the food delivery market, with Goldman Sachs highlighting a surge in enterprise-level AI model token consumption, positioning Alibaba as a key beneficiary [1] - As of September 16, southbound funds have continuously net bought Alibaba for 18 days, totaling approximately 49.84 billion HKD [1] - SMIC is reportedly testing China's first domestically produced DUV lithography machine, indicating advancements in the semiconductor industry [1] - The probability of a 25 basis point rate cut by the Federal Reserve tomorrow stands at 96.1%, which is favorable for liquidity in the Hong Kong stock market [1] Group 2 - The Hong Kong Technology ETF (159747) closely tracks the CSI Hong Kong Technology Index, which is the only index in the Hong Kong market that fully covers major Chinese tech companies like Alibaba, Baidu, and SMIC, focusing on sectors such as AI, semiconductors, and new energy vehicles [2] - The Southbound Technology ETF (159269) tracks the CSI Hong Kong Stock Connect Technology Index, providing balanced coverage in core industries like the internet, automotive innovation, and pharmaceuticals, with a cumulative increase of 18.5% since its launch on July 10, outperforming similar products by 1.07% [2] - The Southbound Technology ETF (159269) has seen continuous inflows since July 25, with a total net inflow of 972 million HKD, and its shares have grown by over 59% in just two months [2] - The management and custody fee rate for the ETF is set at a competitive "0.3% + 0.05%", making it the lowest cost among similar products [2]