港股科技板块延续涨势，恒生科技ETF易方达（513010）月内净流入超20亿元

Core Viewpoint - The Hang Seng Tech Index has seen a 2% increase, with significant gains in stocks such as Bilibili-W, Horizon Robotics-W, and others, indicating a positive trend in the tech sector [1] Group 1: Market Performance - Bilibili-W shares rose over 9%, while Horizon Robotics-W increased by more than 5%, and other companies like Xpeng Motors, SMIC, and BYD Electronics saw gains exceeding 4% [1] - The Hang Seng Tech ETF (513010) has experienced a net inflow of 2.3 billion yuan since October, reaching a record size of 22.7 billion yuan [1] Group 2: Analyst Insights - UBS Wealth Management has designated technology as its "global preferred sector," raising the rating of Chinese tech stocks to the most attractive, citing increased confidence in the ability of leading Chinese tech firms to monetize artificial intelligence [1] - Analysts suggest that the Hong Kong tech sector is in the early stages of a macro liquidity recovery and an AI technology cycle, presenting high mid-term allocation value [1] Group 3: Index Composition and Valuation - The Hang Seng Tech Index consists of the 30 largest stocks related to technology themes listed in Hong Kong, with the top five constituents (Alibaba, NetEase, Tencent, SMIC, Meituan) accounting for approximately 40% of the index [1] - The current rolling price-to-earnings ratio of the index is 22.9 times, positioned at the 29th percentile since its launch in 2020, indicating emerging allocation value [1]