南方基金旗下恒生科技ETF南方(520570)放量上行，低位配置价值凸显

Group 1 - The Hang Seng Technology Index rebounded, reaching 5156.06 points, up 0.91% from the previous trading day, with a trading volume of 11.73 billion shares and a turnover of 32.5 billion HKD, indicating a moderate increase in trading activity [1] - The current PE-TTM of the Hang Seng Technology Index is 21.35 times, which is at a historical low of 26.0% over the past year, providing a significant valuation advantage compared to the STAR 50 Index (165 times) and the NASDAQ 100 Index (34 times) [1] - The market sentiment is gradually improving, as evidenced by the Hang Seng Index rising 0.96%, reflecting a recovery in overall market sentiment [1] Group 2 - The moderate rise in the Hang Seng Technology Index reflects a gradual repair of market sentiment, supported by the AI partnership emphasis from Anthropic, alleviating concerns about traditional software companies being replaced by AI [2] - The Hang Seng Technology ETF (520570) closely tracks the Hang Seng Technology Index and includes 30 large-cap, liquid tech companies listed in Hong Kong, making it a key tool for capturing trends in the Hong Kong tech sector [2] - The combination of low historical valuations, continued inflow of southbound funds, and the acceleration of AI commercialization suggests that the index may continue to experience structural upward movement in the short term, with a sustained recovery logic in the medium term [2]