性价比凸显，恒生科技指数ETF（513180）获逆势加仓，本周“吸金”已超12亿

Core Viewpoint - The Hong Kong stock market opened higher on November 19, with the Hang Seng Index rising by 0.09% to 25,954.23 points, while the Hang Seng Tech Index increased by 0.37% and the State-Owned Enterprises Index rose by 0.19% [1] Group 1: Market Performance - The technology stocks showed mixed performance, with gains in gold stocks and a positive opening for lithium battery concepts [1] - The Hang Seng Tech Index has declined for two consecutive days this week, returning to a historically undervalued range, prompting active capital allocation in the sector [1] Group 2: ETF Insights - The largest ETF tracking the Hang Seng Tech Index (513180) has become a popular choice for investors, attracting approximately 725 million yuan in net inflows on November 18 alone [1] - Over the past two trading days, the ETF has seen a total net inflow of 1.24 billion yuan, demonstrating strong capital attraction capabilities [1] Group 3: Valuation Analysis - As of November 18, the latest valuation (PETTM) of the Hang Seng Tech Index ETF (513180) stands at 21.84 times, lower than other major global tech indices [2] - The index valuation is at approximately the 22.19% percentile since its inception, indicating that it is undervalued compared to over 77% of historical periods [2] - The Hang Seng Tech sector is positioned in a historically undervalued range, highlighting its cost-effectiveness and potential for upward momentum due to its high elasticity and growth characteristics [2]