港股国企ETF（159519）涨超1%，港股市场与A股的联动性增强

Core Insights - The Hong Kong stock market is experiencing increased correlation with the A-share market, driven by policy expectations and strong earnings performance, particularly benefiting mainland enterprises listed in Hong Kong, such as those in the energy and financial sectors [1] - The value reassessment driven by mainland policies is expected to continue, with energy and financial sectors likely to remain market stabilizers [1] - Tourism-related industries are performing well due to economic data, with service prices rising month-on-month and strong travel demand [1] Group 1: Market Dynamics - The Hong Kong stock market is seeing enhanced linkage with the A-share market, influenced by style rotation from the mainland [1] - Mainland policies are expected to sustain a value reassessment trend, particularly favoring energy and financial sectors [1] Group 2: Sector Performance - Energy and financial sectors are attracting significant capital due to favorable policy expectations and robust earnings [1] - Tourism-related sectors are benefiting from increased travel demand and rising service prices [1] Group 3: Index and ETF Information - The Hong Kong National Enterprises ETF (159519) tracks the mainland state-owned enterprises index (H11153), focusing on large-cap state-owned enterprises primarily in traditional sectors like finance and energy [1] - The index emphasizes high dividend yields and stable cash flows, reflecting the overall market performance of state-owned enterprises listed in Hong Kong [1]