恒生科技指数主连夜盘收涨0.65%，报5243点。 恒生指数主连夜盘收涨0.54%，报23666点。 ...

Core Viewpoint - The article provides an overview of recent performance in major stock indices, highlighting positive movements in the Hang Seng Index, SENSEX, and Australian Standard & Poor's 200 [2] Group 1: Stock Indices Performance - The Hang Seng Index increased by 2.32%, closing at 37,747.45, with a rise of 300.64 points [2] - The SENSEX in India rose by 0.6%, reaching 23,654.03, with an increase of 141.54 points [2] - The Australian Standard & Poor's 200 saw a gain of 0.89%, closing at 8,541.8, up by 75.1 points [2]

恒生科技指数涨超1%，恒生指数涨超0.6%。 ...

香港恒生科技指数涨1%。恒生指数涨0.6%。 ...

Core Viewpoint - The Hang Seng Tech Index has increased by 1%, while the Hang Seng Index has risen by 0.70% [1] Group 1 - The Hong Kong stock market is experiencing positive momentum with significant gains in key indices [1] - Investors can now buy Hong Kong stocks through A-share accounts without the need for the Stock Connect program, allowing for T+0 trading [1]

无需港股通，A股账户就能T+0买港股>> 港股开盘，恒生指数低开0.05%，恒生科技指数低开0.34%。连连数字涨3%。 ...

Group 1 - The core viewpoint is that the Hang Seng Index is expected to trend upward in the second half of the year, driven by new stimulus policies from mainland China, with a target price of 25,000 points and reduced overall volatility [1] - The widening interest rate differential between China and the US has historically pressured Hong Kong stocks, but this trend has reversed in recent years, with the recent increase in the differential coinciding with a rise in Hong Kong stocks [1] - The current valuation of the Hang Seng Index is considered reasonable, with an average dividend yield of 3.9% and a price-to-earnings ratio of 10.6 times, both near historical averages [1] Group 2 - There has been a significant inflow of mainland funds into Hong Kong stocks, with over HKD 575.5 billion net inflow as of May 9 this year, driven by the higher dividend yield of Hong Kong stocks compared to declining long-term bond yields in mainland China [1] - The inflow of international funds into Hong Kong stocks has primarily come from Southeast Asia and some European and American funds, with expectations of further inflows if US-China relations improve and the Chinese economy remains stable [2] - Key sectors to watch in the second half include domestic consumption, innovative technology, new energy vehicles, and traditional thermal power, as more stimulus policies targeting daily consumer spending are anticipated [2]

Report Overview - Report name: Weekly Report on Capital Flows of Exchange-Traded Index Funds - Data date: May 26 - May 30, 2025 - Report date: June 3, 2025 - Analyst: Jin Ling - Analyst's certificate number: S1070521040001 [1] 1. Report Industry Investment Rating - Not provided in the content 2. Report's Core View - Not explicitly stated in the given content 3. Summary by Related Catalogs Domestic Passive Stock Funds - Different concepts have varying fund scales, weekly price changes, and net weekly capital inflows. For example, the Shanghai - Shenzhen 300 has a large fund scale of 9834.49 billion yuan, a weekly decline of 0.81%, and a net weekly capital inflow of 22.15 billion yuan; the ChiNext Index has a scale of 1264.48 billion yuan, a weekly decline of 1.00%, and a net weekly capital inflow of 12.57 billion yuan [4]. Overseas - Related Index Funds - Overseas indexes also show different performance. The Nasdaq 100 has a fund scale of 784.21 billion yuan, a weekly increase of 1.18%, and a net weekly capital outflow of 0.55 billion yuan; the Hong Kong Stock Technology concept has a scale of 926.09 billion yuan, a weekly decline of 1.45%, and a net weekly capital inflow of 0.28 billion yuan [5]. Other Types of Index Funds - Bond funds: Different maturities and types of bonds have different performance. For example, 30 - year bonds have a scale of 89.69 billion yuan, a weekly decline of 0.32%, and a net weekly capital inflow of 8.64 billion yuan; 5 - year - below bonds have a scale of 227.25 billion yuan, a weekly increase of 0.02%, and a net weekly capital outflow of 16.65 billion yuan. - Commodity funds: Gold funds have a scale of 708.87 billion yuan, a weekly decline of 1.11%, and a net weekly capital outflow of 0.95 billion yuan. - Index - enhanced funds: Different indexes also show different performance. For example, the CSI 1000 index - enhanced fund has a scale of 6.56 billion yuan, a weekly increase of 0.87%, and a net weekly capital inflow of 0.18 billion yuan [6].

Group 1 - The Hang Seng Index closed at 37,446.81, reflecting a slight increase of 0.59% [2] - The SENSEX in Mumbai rose by 354.52 points, reaching 23,512.49, which is an increase of 2% [2] - The Australian Standard & Poor's 200 Index increased by 52.6 points, closing at 8,466.7, marking a rise of 0.63% [2] Group 2 - The overall market sentiment appears positive with notable gains in major indices [2] - The fluctuations in these indices indicate varying investor confidence across different regions [2] - The data suggests a potential upward trend in the market, which may attract further investment [2]

Group 1 - The Caixin China Manufacturing Purchasing Managers' Index (PMI) for May recorded 48.3, a decrease of 2.1 percentage points from April, marking the first drop below the critical point since October 2024 [1] - The Shenzhen Stock Exchange announced a scheduled adjustment of sample stocks for indices such as the Shenzhen Component Index and ChiNext Index on June 16, 2025 [2] - The All-China Federation of Industry and Commerce's Automotive Dealers Chamber issued a proposal to firmly resist "involution" competition primarily characterized by "price wars" [3] Group 2 - During the Dragon Boat Festival holiday, the National Immigration Administration reported that border inspection agencies facilitated a total of 5.907 million entries and exits for domestic and foreign personnel, averaging 1.969 million per day, which is a 2.7% increase compared to the same period last year [4] - As of the midday close, the Shanghai Composite Index rose by 0.48%, the Shenzhen Component Index increased by 0.35%, and the ChiNext Index gained 0.73%. The Hang Seng Index rose by 1.13%, while the Hang Seng Tech Index increased by 0.59% [5]