美光财报释放AI积极信号，港股科技迎来内外双驱动，港股科技50ETF（159750）涨超1%

Group 1 - The core viewpoint of the news highlights a significant rise in Hong Kong stocks, particularly in the technology sector, driven by a surge in US tech stocks and positive market sentiment [1][4] - The Hong Kong Technology 50 ETF (159750) saw an increase of over 1%, reflecting the overall positive performance of major tech stocks like Tencent, Alibaba, and Netease [1] - The recent US inflation data shows a year-on-year increase of 2.6% in November's core CPI, the lowest since 2021, which has strengthened market expectations for potential interest rate cuts by the Federal Reserve in 2026 [2][3] Group 2 - Micron Technology's latest financial report and guidance have exceeded market expectations, alleviating previous pessimism regarding AI computing power prospects in the memory chip industry [3] - Citic Securities believes that the current market adjustment has increased the safety margin for investors, making valuations of core technology assets more attractive [6] - The Hong Kong Technology Index's latest valuation stands at 24.75 times PE-TTM, which is at the 25th percentile of its historical range, indicating a significant discount compared to the Nasdaq and ChiNext indices [6][9] Group 3 - Southbound capital has seen a net inflow of over 1.4 trillion HKD this year, providing strong support for the market and indicating a long-term commitment to Hong Kong stocks [9] - Improvements in the domestic macroeconomic environment, with November CPI rising by 0.7% and exports increasing by 5.7%, suggest a potential acceleration in profit recovery across various sectors [9] - The Hong Kong Technology Index, which covers major Chinese tech stocks, has outperformed the Hang Seng Technology Index, with a cumulative increase of 96.14% since its base date compared to 80.61% for the latter [9]