中证港股通科技指数：布局港股科技龙头

Core Viewpoint - The article emphasizes the significance of the China Securities Hong Kong Stock Connect Technology Index, which focuses on large-cap technology companies with high R&D investment and revenue growth within the Hong Kong Stock Connect framework [1][3]. Group 1: Index Characteristics - The index selects 50 large-cap technology companies to reflect the overall performance of technology leaders in the Hong Kong Stock Connect [3]. - The index has a balanced industry distribution, with major allocations in internet, automotive, and innovative pharmaceuticals, avoiding overcrowded sectors like electronics and media [11]. - The index includes industry leaders such as BYD in automotive and BeiGene in innovative pharmaceuticals, reducing exposure to second-tier internet companies [12]. Group 2: Market Performance - The index has shown high elasticity in market performance, outperforming similar indices during various market cycles since 2014 [22]. - Since the end of 2014, the annualized return of the index has exceeded that of other similar indices, such as the National Securities Hong Kong Stock Connect Technology Index and the Hang Seng Technology Index [22]. - The index's performance has been driven by significant contributions from the automotive and biopharmaceutical sectors, with distinct phases of market activity observed [22]. Group 3: Fund Introduction - The Southern China Securities Hong Kong Stock Connect Technology ETF (code: 159269) is set to track the index and will be issued starting June 18 [37]. - The fund aims to closely replicate the index's performance, minimizing tracking deviation and error [37].