Core Viewpoint - The Hong Kong stock market experienced a broad rebound on December 19, with significant gains in technology stocks, particularly in internet giants like Tencent and Alibaba, indicating a potential recovery in the sector [1][5]. Group 1: Market Performance - The Hong Kong stock market saw a notable rebound, with Tencent Holdings and Kuaishou rising over 1%, while Xiaomi, Alibaba, and Meituan also followed suit [1][5]. - The Hong Kong Internet ETF (513770) saw its price increase by 1.73% at one point, currently up by 1.54% [1][5]. - The ETF has attracted significant capital inflow, with a total of 1.33 billion yuan net inflow over the past 10 days [3][7]. Group 2: Economic Indicators - The U.S. Labor Department reported a year-on-year CPI of 2.7% for November, lower than the expected 3.1%, which may lead to potential interest rate cuts in the future [7]. - Analysts from Industrial Securities predict that the Hong Kong stock market will continue its bull run into 2026, with significant potential for both earnings and valuation improvements, particularly in large-cap growth and dividend assets [7]. Group 3: Investment Opportunities - The Hong Kong Internet ETF (513770) and its linked funds passively track the CSI Hong Kong Internet Index, heavily investing in leading internet companies like Alibaba and Tencent, with over 73% of its top holdings focused on AI and cloud computing [3][8]. - The ETF has a current scale exceeding 10 billion yuan, with an average daily trading volume of over 600 million yuan, providing good liquidity and supporting T+0 trading [8]. - For investors looking to reduce volatility while still focusing on technology, the Hong Kong Large Cap 30 ETF (520560) is recommended, which combines high-growth tech stocks with stable dividend-paying companies [8].
美联储“松口”：明年利率或大幅下降！港股AI应声走强，百亿港股互联网ETF（513770）上探1.7%
Xin Lang Cai Jing·2025-12-19 02:50