越跌越买！港股科技ETF天弘(159128)连续6日“吸金”1.15亿元

Core Insights - The Hong Kong Technology ETF Tianhong (159128) has seen active trading with a turnover of 25.61% and a transaction volume of 174 million yuan as of November 21, 2025, while the tracked index, the National Index of Hong Kong Stock Connect Technology (987008), declined by 2.74% [1] - The ETF has experienced a significant growth in scale, increasing by 32.41 million yuan over the past week, reaching a new high of 740 million shares [1] - The ETF has attracted a total net inflow of 115 million yuan over the past six days, indicating strong investor interest [1] Product Highlights - The Hong Kong Technology ETF Tianhong (159128) tracks the National Index of Hong Kong Stock Connect Technology, focusing on 30 leading technology companies across high-growth sectors such as the internet, electronics, communications, biotechnology, and smart vehicles, characterized by high R&D investment, revenue growth, and liquidity [1] Valuation Insights - As of November 21, the price-to-earnings ratio (PE-TTM) of the National Index of Hong Kong Stock Connect Technology is 23.60, which is at a historical low, being in the 18.78% percentile over the past five years, indicating that it is lower than 81.22% of the time in the last five years [2] Market Trends - Major Hong Kong technology companies like Tencent and Xiaomi reported strong third-quarter results, with Tencent achieving double-digit growth in both revenue and net profit, driven by its AI strategy, while Xiaomi's electric vehicle and AI segments saw a revenue increase of 199.2% year-on-year, marking a significant milestone in profitability [3] - Southbound capital has seen a net inflow of over 1.36 trillion HKD this year, surpassing last year's total, with only 10 out of the last 60 trading days experiencing net outflows, indicating robust support for Hong Kong stocks [4] - Analysts from Shenwan Hongyuan Securities noted a shift in the AI sector from capital expenditure focus to prioritizing return on investment, with increased attention on cloud computing and internet companies due to their quick revenue realization and favorable valuations [4]