超百亿资金趁跌抢筹港股！恒生科技ETF天弘(520920)连续7日“吸金”，支持T+0交易

Core Viewpoint - The Hong Kong stock market is experiencing a downturn, primarily influenced by renewed US-China trade tensions, leading to significant fluctuations and profit-taking among investors [1] Market Performance - The Hang Seng Index fell by 1.3%, while the Hang Seng Tech Index dropped by 2.3%, with cumulative declines of 4.8% and 9% respectively since October began [1] - The volatility in the Hong Kong market is attributed to the offshore market dynamics and the impact of the "4·7" event earlier this year [1] Capital Flows - Despite the downturn, there has been a net inflow of capital into Hong Kong stocks, with a total of HKD 41.4 billion in net purchases from southbound funds in October [1] - The Hang Seng Tech ETF Tianhong (520920) has seen a continuous inflow of HKD 1.374 billion over seven days since its listing on September 30 [1] Investment Sentiment - The strong inflow of funds is driven by major Chinese internet giants like Alibaba, Baidu, and Tencent signaling their commitment to AI investments [1] - Anticipation of potential interest rate cuts by the Federal Reserve is also contributing to the positive sentiment among foreign investors, with expectations of a return of foreign capital to the Hong Kong market [1] Sector Focus - Foreign capital has predominantly flowed into Hong Kong's software services and hardware sectors during Q3, indicating a consensus on increasing investments in Chinese tech assets [1] - Analysts suggest that the recent significant adjustments in the Hong Kong market may lead to stabilization, particularly for core stocks supporting T+0 trading, such as the Hang Seng Tech ETF Tianhong (520920, Class C: 012349) [1]