Ge Long Hui·2026-03-05 01:30Group 1 - The Hang Seng Technology ETF Tianhong (520920) index has seen a decline, with the Hang Seng Technology Index dropping below 4800 points, marking a cumulative decrease of 27% since last October [1] - The Hang Seng Technology ETF Tianhong (159128) has also experienced a decline of 28.99% during the same period [1] - Despite the downturn, there has been a consistent inflow of funds into the Hang Seng Technology ETF Tianhong (520920), with a net inflow of 10.1 billion last year and an additional 6.07 billion this year, marking 40 consecutive days of net subscriptions [1] Group 2 - The upcoming peak of lock-up releases in March, particularly in sectors such as non-ferrous metals, tea beverages, automotive, and pharmaceuticals, may lead to a resolution of current market pressures [2] - The earnings report peak for major components of the Hang Seng Technology Index is expected in mid to late March, which may alleviate negative market sentiment [2] - A potential visit by Trump to China at the end of March or early April could boost market sentiment [2] Group 3 - A report from CITIC Securities forecasts a rebound in the Hong Kong stock market by 2026, driven by a recovery in fundamentals and significant valuation discounts [2] - The report suggests focusing on the technology sector, including AI-related sub-sectors and consumer electronics, as well as the healthcare sector, particularly biotechnology [2]