资金持续“抢筹”中国核心科技资产，恒生科技指数ETF（513180）十月“吸金”超31亿

Group 1 - The Hong Kong stock market opened lower on October 23, with the Hang Seng Index down 0.25% at 25,718.53 points, the Hang Seng Tech Index down 0.68%, and the Hang Seng China Enterprises Index down 0.35% [1] - Technology stocks, gold stocks, and automotive stocks experienced widespread declines, with notable drops in holdings of the Hang Seng Tech Index ETF (513180) including Huahong, BYD Electronics, Horizon Robotics, NIO, Kuaishou, and SMIC [1] - Despite external market disturbances, there has been significant capital inflow into Hong Kong's technology sector, with the Hang Seng Tech Index ETF (513180) seeing a net inflow of approximately 170 million yuan on October 22, and a total net inflow of about 3.15 billion yuan for October [1] Group 2 - The current valuation of Hong Kong stocks is at historical median levels, with a notable comparative advantage over A-shares and U.S. stocks, particularly in the technology sector, which is currently undervalued [1] - As of October 22, the latest valuation (P/E TTM) of the Hang Seng Tech Index ETF (513180) is 22.76 times, which is below 71% of the historical valuation since the index was launched [1] - Looking ahead, the technology sector in Hong Kong is expected to benefit from trends driven by AI, with potential for foreign capital inflow exceeding expectations due to the backdrop of U.S. Federal Reserve interest rate cuts and continued southbound capital accumulation [2]