Group 1 - The Hang Seng Index and Hang Seng Tech Index both experienced declines on October 31, indicating a bearish trend in the Hong Kong market [1] - The Tianhong Hang Seng Tech ETF (520920) saw a drop of 1.16% with a trading volume of 156 million yuan, while some component stocks like Kingsoft and Haier Smart Home showed gains [1] - Since its listing on September 30, the Tianhong Hang Seng Tech ETF has attracted over 3 billion yuan in net inflows over 17 trading days, reflecting strong investor interest [1] Group 2 - The latest valuation of the Hang Seng Tech ETF (520920) is at 23.50 times P/E, which is approximately 32.85% below its historical average, suggesting it is undervalued compared to its past performance [1] - The Federal Reserve's recent decision to lower the federal funds rate by 25 basis points to a range of 3.75% to 4.00% is expected to positively impact the Hong Kong stock market, particularly the tech sector [2] - Continuous inflows from southbound capital and a favorable liquidity environment in Hong Kong are anticipated to support further gains in the market, especially in the tech sector [2]
恒生科技ETF天弘（520920）上市17个交易日“吸金”超30亿元，美联储降息25基点，机构：港股科技更加受益当下产业趋势
2 1 Shi Ji Jing Ji Bao Dao·2025-10-31 07:27