恒生科技重挫，机构：若美国经济基本面压力攀升，12月美联储仍存在降息可能

Group 1 - The Hong Kong stock market indices collectively declined, with the Hang Seng Tech Index falling over 2% [1] - Major ETFs, particularly the Hang Seng Tech Index ETF (513180), followed the index's downward trend, with significant declines in stocks like XPeng Motors, Lenovo Group, BYD, JD Health, and Horizon Robotics [1] - Positive policy impacts are expected to benefit the Hong Kong stock market in the short term [1] Group 2 - As of November 17, the latest valuation (PETTM) of the Hang Seng Tech Index ETF (513180) is 22.26 times, lower than other major global tech indices [2] - The index valuation is at approximately the 24.73 percentile since its inception, indicating it is undervalued historically [2] - The Hang Seng Tech Index is in a historically low valuation range, highlighting its cost-effectiveness and potential for upward momentum due to its high elasticity and growth characteristics [2]