资金借道ETF抢筹恒生科技，恒生科技ETF天弘（520920）涨近1%，机构：恒生科技有望进一步向上

Group 1 - The Hong Kong stock market experienced fluctuations during the National Day holiday, with the Hang Seng Technology Index reaching a peak of 6715.46 points on October 2, marking a single-day increase of 3.36%, but subsequently declining over the next three trading days, resulting in a total increase of only 0.75% for October by October 8 [1] - On October 9, the Hang Seng Technology Index opened slightly higher but fell by 0.16% during the day, with notable increases in individual stocks such as ASMPT (over 6%), Hua Hong Semiconductor (over 4%), and Lenovo Group (over 3%) [1] - The Hang Seng Technology ETF Tianhong (520920) saw an increase of 0.89% with a real-time premium rate of 0.22%, and a net inflow of 202 million yuan was recorded on the previous trading day (September 30) [1] Group 2 - The Hang Seng Technology Index recently reached a nearly four-year high, attracting significant capital through ETFs, with eight out of ten ETFs that saw over 10 billion yuan in asset growth this year being focused on the Hong Kong technology sector [2] - The fundamentals of the Hang Seng Technology Index are viewed as a "value" choice, especially as constituent stocks report steady growth, indicating a strong underlying performance [2] - With the Federal Reserve potentially resuming interest rate cuts, there is an expectation of continued downward trends in the US dollar and treasury yields, which could benefit emerging markets, including Hong Kong stocks, leading to increased foreign capital inflow [2] - Historical data suggests that technology growth sectors typically perform well in a loose liquidity environment, further supporting the positive outlook for the Hong Kong technology sector [2] - According to Guotai Junan, the scarcity of quality Hong Kong technology assets amidst the current AI-driven tech cycle is attracting incremental capital inflows, suggesting further upward potential for the Hang Seng Technology Index [2]