港股科技ETF（513020）盘中涨超0.5%，优质科技企业赴港节奏有望延续

Group 1 - The core viewpoint is that the Hong Kong stock market is gathering leading H-share semiconductor companies, and the recent stable performance of domestic GPU, large model, and hard technology companies post-listing is expected to continue attracting quality tech enterprises to Hong Kong, providing ongoing incremental targets for the Hong Kong tech sector [1] - Investment strategies suggest that due to strict regulations and cooling sentiment in the A-share market, Hong Kong tech heavyweight stocks are likely to benefit from the upcoming AI product release window, with "northbound capital" potentially becoming more active in seeking advantageous assets in Hong Kong, indicating that Hong Kong stocks may outperform A-shares in the short term [1] - Leading tech companies in Hong Kong are accelerating the integration of AI with their business ecosystems, such as Alibaba advancing productization in core scenarios like e-commerce and transportation using its Qianwen platform, and Tencent enriching AI applications through its WeChat ecosystem [1] Group 2 - The Hong Kong Stock Connect Technology Index is overweight in sectors like new energy vehicles, innovative pharmaceuticals, and semiconductors compared to the Hang Seng Technology Index, showing a cumulative return of 224.25% from the base date at the end of 2014 to the end of 2025, significantly outperforming the Hang Seng Technology Index, which has a return of 83.87% [2] - The Hong Kong Stock Connect Technology Index has consistently outperformed similar indices, including the Hang Seng Internet Technology Index and the Hang Seng Healthcare Index, indicating its strong performance in the long term [2]