美联储降息+AI突破+业绩亮眼，机构：港股科技具备较大估值修复空间

Group 1 - The Federal Reserve's decision to lower the benchmark interest rate by 25 basis points aligns with expectations, indicating potential for two more rate cuts this year, which has positively impacted the Nasdaq China Golden Dragon Index, rising by 2.85% [1] - The Hang Seng Technology Index has successfully broken through previous resistance levels, reaching 6300 points, marking a four-year high, with the Hang Seng Technology 50 ETF recording a 4.12% increase, achieving its highest closing price since inception [1][2] - The influx of foreign capital into Chinese assets is increasing, with foreign investment in the Hong Kong market currently at 66%, showing potential for further growth compared to 79% in 2022 [3] Group 2 - AI advancements are becoming a significant driving force for the market, with companies like Baidu securing substantial AI server orders, and major Chinese tech firms expected to increase capital expenditures in AI to $32 billion by 2025 [4] - The second quarter performance of Hong Kong tech stocks shows notable revenue growth, with the Hang Seng Technology Index's revenue increasing by 14.43% year-on-year, while net profit growth for the index reached 16.18% [5] - The valuation of the Hang Seng Technology Index is currently at 24.11 times PE-TTM, which is significantly lower than global peers like the Nasdaq and ChiNext indices, indicating a strong value proposition for investors [7]