港股午后震荡走高！短期调整或已结束？香港大盘30ETF（520560）上扬1.5%

Core Viewpoint - The Hong Kong stock market is experiencing a rebound, with the Hang Seng China (Hong Kong-listed) 30 Index showing upward momentum, indicating a potential end to the recent downtrend and the beginning of a short-term rally [1][3]. Market Performance - The Hong Kong stock market saw key indices rise, with the Hong Kong Large Cap 30 ETF (520560) increasing by 1.54% and trading volume exceeding 26 million [1]. - Among the constituent stocks, Pop Mart surged by 8%, while Tencent, BYD, and Li Auto all rose over 2% [3]. Sector Insights - The number of fintech companies in Hong Kong has increased by 10% year-on-year, surpassing 1,200, with the government planning to relax capital investor entry requirements and explore financial tokenization [3]. - The energy and financial sectors are expected to continue acting as stabilizers in the market amid the interplay between China's fundamentals and overseas liquidity [3]. Investment Strategy - The Hong Kong Large Cap 30 ETF is highlighted as a strategic investment option, offering exposure to core assets while mitigating individual stock selection risks [4]. - The ETF employs a "technology + dividend" strategy, balancing offensive and defensive positions, and is characterized by low valuation metrics, making it a cost-effective investment choice [4]. Index Composition - The top holdings in the Hang Seng China (Hong Kong-listed) 30 Index include Alibaba (18.37%), Tencent (15.68%), and Xiaomi (8.63%), with a total market capitalization of approximately 320.83 billion [5].