抢元旦后行情，多家港股基金密集大幅提前结募

Core Viewpoint - Multiple Hong Kong stock funds have ended their fundraising early, reflecting strong market demand and a positive outlook from fund managers on future investment opportunities in the Hong Kong market [1][3]. Group 1: Fundraising Activity - Several Hong Kong stock funds, including Anxin Hong Kong Stock Connect Selected Mixed Fund and Huaxia National Index Hong Kong Stock Connect Technology ETF, announced early closure of fundraising, indicating high subscription enthusiasm and faster-than-expected fundraising progress [2][3]. - Anxin Fund shortened its fundraising deadline from January 13, 2026, to December 26, 2025, while other funds also adjusted their deadlines significantly, some by over two months [2]. Group 2: Market Outlook - Industry insiders believe that the recent market fluctuations have highlighted the value of quality assets, with current Hong Kong stock valuations being reasonable and profit recovery ongoing, marking an important window for investment [3]. - Looking ahead to 2026, many public funds are optimistic about the investment value of Hong Kong stocks, particularly in the technology sector, which is seen as a key investment theme [4][5]. Group 3: Investment Logic Changes - There is an expectation that the investment logic for Hong Kong stocks will shift in 2026, with a greater focus on the authenticity and sustainability of profit growth [6]. - Fund managers emphasize the importance of identifying companies with clear growth trajectories and genuine profit realization, particularly in sectors like AI and high-end manufacturing, as these are likely to yield excess returns [6].