Group 1 - The Hong Kong stock market indices collectively declined, with tech stocks mostly falling while innovative drug concepts rose [1] - The Hang Seng Tech Index ETF (513180) followed the index decline, with notable stocks like Tencent Music and Li Auto leading the losses, while Baidu and NetEase saw slight gains [1] - Citic Securities remains optimistic about AI applications and content consumption, predicting accelerated commercialization in 2025 and a focus on AI integration with existing products in 2026 [1] Group 2 - As of November 12, the Hang Seng Tech Index ETF (513180) had a latest valuation (PETTM) of 23.08 times, indicating it is in a historically undervalued range, below 70% of its historical valuation period [2] - The tech sector in Hong Kong is expected to benefit from the current AI-driven industry trends, with potential foreign capital inflow due to anticipated interest rate cuts by the Federal Reserve [2] - Investors without a Hong Kong Stock Connect account can consider the Hang Seng Tech Index ETF (513180) for exposure to core Chinese AI assets [2]
展望2026年，聚焦AI与老产品融合，微信、夸克等有望成为AI时代流量入口
Mei Ri Jing Ji Xin Wen·2025-11-13 02:44