聚焦港股科技板块，震荡上行中捕捉确定性收益

Core Insights - The value of scarce and certain assets is increasingly highlighted amid rising global uncertainties, including risks of a U.S. government shutdown and potential political changes in Japan [1] - Emerging markets are becoming a key direction for risk diversification, with Hong Kong positioned as a core platform for international capital allocation due to its market openness, high liquidity, and low correlation with U.S. dollar assets [1] - The technology narrative and AI wave are providing strong momentum for the growth of Hong Kong stocks, with significant increases in AI capital expenditure expectations following new model releases from institutions like OpenAI and DeepSeek [1] - The CSI Hong Kong Stock Connect Technology Index has risen over 51% year-to-date, with approximately 20% gains in August and September, reflecting the impact of the AI trend on Hong Kong stock trading [1] - The Dongwu Overseas Strategy Team notes that while short-term fluctuations in Hong Kong stocks are expected, they remain in an upward channel with limited downside risk, and potential Fed rate cuts may drive global capital towards equity assets, particularly benefiting the Hong Kong technology growth sector [1] Hong Kong Stock ETFs - The Hong Kong Stock Connect Technology ETF (159101) covers the entire technology industry chain [1] - The Hang Seng Internet ETF (513330) focuses on leading internet companies [1]