ETF盘中资讯 继续磨底，港股互联网ETF（513770）跌逾1%，机构：下行空间有限，小米汽车交付突破50万大关！

Core Viewpoint - The Hong Kong stock market opened lower on December 3, with the Hang Seng Index dropping over 1%, and the Hong Kong Internet ETF (513770) declining by 0.9% [1] Group 1: Market Performance - The Hong Kong Internet ETF (513770) closed at 0.582, reflecting a decrease of 0.26% [2] - Major tech stocks like Meituan-W and Xiaomi Group-W showed resilience, with minor declines of 0.2% [1] - The market has shown signs of bottoming out since hitting a low on November 21, indicating a potential stabilization phase [3] Group 2: Company Updates - Xiaomi Auto announced that it has delivered over 500,000 units since April 3, 2024, exceeding its annual target of 350,000 units [2] - Meituan reported that its food delivery losses peaked in the third quarter, which may negatively impact the internet sector [2] Group 3: ETF and Index Insights - The Hong Kong Internet ETF (513770) passively tracks the CSI Hong Kong Internet Index, which is heavily weighted towards leading internet companies like Alibaba-W (18.89%), Tencent Holdings (17.01%), and Xiaomi Group-W (10.05%) [3][4] - The ETF has a market size exceeding 10 billion, with an average daily trading volume of over 600 million, indicating strong liquidity [3] Group 4: Investment Strategy - The current market is approaching a "bad news fully priced in" state, with limited downside potential due to previously released risks such as US-China trade tensions and the impact of the "food delivery war" on profitability [3] - Investors may consider focusing on the Hong Kong internet sector, which has adjusted significantly under previous liquidity pressures and has stable earnings expectations post-Q3 reports [3]