开年超283亿资金涌入港股ETF，科技赛道吸金占比约九成

Core Viewpoint - The Hong Kong stock market is experiencing significant inflows into technology-themed ETFs, with over 160 ETFs attracting a net inflow of 28.389 billion yuan since the beginning of 2026, primarily driven by interest in internet and technology sectors [1][3][4]. Fund Inflows - As of January 29, 2026, more than 160 Hong Kong ETFs have collectively received a net inflow of 28.389 billion yuan, with 10 products attracting over 1 billion yuan each [3][4]. - The top 10 ETFs by net inflow include several technology-focused funds, indicating a strong preference for this sector among investors [3][4]. ETF Performance - Technology-themed ETFs have been the main contributors to inflows, with net inflows of 16.052 billion yuan for technology ETFs and 9.916 billion yuan for internet-themed ETFs, accounting for approximately 90% of total net inflows [4]. - Most Hong Kong ETFs have recorded positive returns since the beginning of 2026, with several funds achieving returns exceeding 10% [7]. Fund Size Growth - The total size of Hong Kong ETFs reached approximately 779.031 billion yuan as of January 29, 2026, marking an increase of nearly 79 billion yuan, or about 11%, since the end of 2025 [8]. New Fund Launches - Public fund managers have reported at least 28 new Hong Kong-themed funds since the beginning of January 2026, focusing primarily on technology and healthcare sectors [9][10][12]. - The new funds include a variety of types such as ETFs, index funds, and mixed funds, with a significant emphasis on technology and healthcare themes [11][12]. Investment Trends - Factors driving investment into the Hong Kong market include corporate profit recovery, lower dynamic P/E ratios in the technology sector compared to the U.S. Nasdaq, and favorable trends in artificial intelligence and innovative pharmaceuticals [6]. - Long-term investment opportunities are seen in technology, upstream resources, and companies with global competitiveness, particularly in the context of AI advancements and industrial upgrades [14][15].