Ge Long Hui·2026-02-04 05:14Group 1 - The Hong Kong stock market continues to weaken, influenced by a decline in US AI stocks, with the Hang Seng Internet ETF dropping by 3% and the Hang Seng Technology Index ETF falling by 2% [1] - The Hang Seng Technology Index has accumulated a 20% decline since its peak last October, entering a technical bear market, while the Hang Seng Technology Index ETF has seen a net inflow of 14.638 billion yuan since last October, ranking first among its peers [1] - Recent pullbacks in the Hong Kong market are attributed to increased risk aversion due to the hawkish stance of Fed chair nominee Waller, rather than fundamental policy changes [1] Group 2 - The Hang Seng Internet ETF has a weight of over 80% in leading internet stocks, with an AI application content exceeding 90%, including major companies like Alibaba, Tencent, and JD.com [2] - The latest scale of the Hang Seng Internet ETF is 36.3 billion yuan, ranking first among its peers [2]