港股中长期趋势不改，恒生ETF港股通(159312)盘中走强涨近2%，均衡覆盖金融、科技等港股赛道龙头

Group 1 - Federal Reserve Chairman Powell indicated that the central bank may end its balance sheet reduction process in the coming months to prevent liquidity tightening in short-term funding markets, signaling a potential shift in quantitative tightening (QT) policy and strengthening market expectations for a rate cut this month, with a 95.7% probability of a 25 basis point cut in the October meeting according to CME FedWatch Tool [1] - As of October 14, southbound capital has seen a cumulative net inflow of 119.86 billion HKD this year, setting a new historical high for annual net inflows, despite recent adjustments in the Hong Kong stock market, which are viewed as short-term disturbances that may provide a buying opportunity for investors [1] - Huatai Securities noted that China has many high-quality technology companies, primarily listed in Hong Kong, with stable performance in overseas Chinese stocks in the first half of 2025, particularly in sectors like new consumption, innovative pharmaceuticals, and technology, suggesting that structural opportunities may still exist after market corrections [1] Group 2 - According to招商证券, AI remains a clear main theme in the Hong Kong stock market, with the internet sector expected to continue benefiting, while Guotai Junan Securities anticipates that the Hong Kong stock market may reach new highs in the fourth quarter, driven by the deepening narrative of "AI empowerment" and policy support, alongside foreign capital inflows [2] - As of October 15, 2025, the Hang Seng ETF Hong Kong Stock Connect (159312) rose by 1.60%, with the top ten weighted stocks accounting for 55.66% of the total, including Alibaba-W, which increased by 3.02%, and Xiaomi Group-W, which rose by 1.77% [2] - The Hang Seng ETF Hong Kong Stock Connect has seen a growth of 11.31 million HKD in scale over the past six months, leading comparable funds, with a share increase of 5 million units, also the highest among comparable funds, reflecting significant long-term allocation value due to the recovery of the domestic economy and AI industry trends [2]