Group 1 - The Hong Kong stock market showed a strong rebound on October 20, with the Hang Seng Tech Index rising over 3%, driven by gains in tech and automotive stocks [1] - The Hang Seng Tech Index experienced a significant weekly decline of 7.98% prior to the rebound, yet southbound capital continued to flow in, with a net inflow of 450.89 billion HKD, the highest in five weeks [1] - Xiaomi Group-W received the highest net buying amount from southbound funds, totaling 35.82 billion HKD last week [1] Group 2 - As of October 17, the valuation of the Hang Seng Tech Index ETF (513180) was at 22.13 times P/E, which is below 75% of the time since the index was launched, indicating a low valuation [2] - The tech sector in Hong Kong is expected to benefit from the current trends in AI and potential foreign capital inflows due to a favorable interest rate environment [2] - Investors without a Hong Kong Stock Connect account can consider the Hang Seng Tech Index ETF (513180) to gain exposure to core Chinese AI assets [2]
南向资金坚定加仓,连续22周净买入!