Group 1 - The Hang Seng Tech Index continued its adjustment, dropping over 1% in the afternoon, with leading declines from stocks such as Hua Hong, BYD Electronics, SMIC, SenseTime, Bilibili, and NIO [1] - The Hang Seng Tech Index ETF (513180) followed the index decline, showing significant premium during trading, indicating a "buying rush" from investors [1] - Market expectations for a 25 basis point rate cut by the Federal Reserve in October and potentially another in December are strengthening, which may lead to improved overseas liquidity benefiting Hong Kong stocks [1] Group 2 - As of October 22, the latest valuation (PETTM) of the Hang Seng Tech Index ETF (513180) was 22.76 times, which is below the historical average for approximately 71% of the time since the index was launched [2] - The Hong Kong tech sector is expected to benefit from the current AI-driven industry trends, with foreign capital inflow potentially exceeding expectations against the backdrop of Fed rate cuts [2] - Investors without a Hong Kong Stock Connect account may consider the Hang Seng Tech Index ETF (513180) as a way to gain exposure to core Chinese AI assets [2]
下周美联储降息或板上钉钉，恒生科技指数ETF（513180）持续溢价，资金“抢筹”特征显著
Sou Hu Cai Jing·2025-10-23 05:59