Core Viewpoint - The Hong Kong stock market's semiconductor industry chain is experiencing a pullback, with significant declines in major stocks, while a new ETF focused on this sector shows signs of investor interest despite the downturn [1][3]. Group 1: Market Performance - Hong Kong's semiconductor stocks, including Hua Hong Semiconductor, INNOCARE, and Xiaomi Group, saw declines of over 6%, 5%, and 2% respectively [1]. - The first ETF focusing on the Hong Kong semiconductor industry, the Hong Kong Information Technology ETF (159131), experienced a price drop of 2.35% with a trading volume exceeding 23.5 million CNY, indicating a buying interest during the dip [1][2]. Group 2: ETF Details - The Hong Kong Information Technology ETF (159131) tracks an index composed of 70% hardware and 30% software, heavily investing in semiconductor, electronics, and computer software sectors, with notable weights in companies like SMIC (20.48%) and Xiaomi Group (9.53%) [3]. - The ETF excludes major internet companies like Alibaba and Tencent, aiming to capture the dynamics of the AI hard technology sector in Hong Kong [3]. Group 3: Industry Outlook - According to a report by Ping An Securities, the demand for AI computing power is robust, with the global and Chinese AI server market projected to grow at CAGRs of 15.5% and 30.6% respectively from 2024 to 2028 [1]. - The trend towards self-sufficiency in AI computing chips in China is expected to accelerate, driven by supportive policies, strong downstream demand, and significant replacement opportunities [1].
ETF盘中资讯 “港股芯片”产业链集体回调，华虹半导体大跌逾6%！港股信息技术ETF（159131）跌超2%盘中获净申购400万份