Group 1 - The Federal Reserve has lowered the federal funds rate target range by 25 basis points to between 3.75% and 4.00%, marking the fifth rate cut since September 2024 [1] - Following the rate cut, the Hong Kong stock market opened higher, with the Hong Kong Stock Connect Technology ETF (513860) experiencing a 1.45% decline during trading, with a transaction volume exceeding 45 million yuan [1] - Among the constituent stocks, InnoCare Pharma rose over 8%, while other companies like Tencent Holdings and Geely Automobile also saw gains, whereas ZTE Corporation dropped more than 11% [1] Group 2 - As of October 29, the Hong Kong Stock Connect Technology ETF (513860) has achieved a year-to-date increase of 50.90% [2] - The ETF closely tracks the CSI Hong Kong Stock Connect Technology Index, which selects 50 large-cap technology companies with high R&D investment and rapid revenue growth [2] - Global monetary policy is shifting towards easing, enhancing investor risk appetite and creating favorable conditions for stock investments, with several foreign institutions optimistic about emerging market opportunities [2] - Citic Securities noted that the Fed's rate cut is a direct benefit for the Hong Kong stock market, with ample liquidity and continuous inflow of southbound funds [2]
美联储如期降息，港股通科技ETF（513860）年内涨超50%，英诺赛科涨超8%