Core Viewpoint - The Hong Kong stock market is gradually stabilizing and rebounding as the impact of tariffs diminishes, with significant gains in major indices, particularly in technology and consumer sectors [1][2]. Group 1: Market Performance - As of April 23, the Hang Seng Technology Index rose by 2.84%, the Hang Seng Index by 2.11%, and the Hang Seng China Enterprises Index by 1.83% [1]. - Since March 20, the Hong Kong stock market has experienced continuous adjustments, but has begun to recover due to interventions from state-owned enterprises [2]. Group 2: Investment Opportunities - The Hong Kong stock market is seeing a growing proportion of technology and new consumer companies, which are expected to account for 54.5% of the total market capitalization by the end of 2024 [2]. - ETFs focusing on technology, consumption, and innovative pharmaceuticals are becoming popular among investors, providing efficient access to these sectors [1][3]. Group 3: Specific ETF Products - The Hong Kong Technology 50 ETF (513980) targets large-cap technology leaders with high R&D investment and revenue growth, including companies like Meituan and Tencent [2]. - The Hang Seng Consumption ETF (513970) focuses on essential and discretionary consumer goods, excluding alcohol and internet platforms, aiming to capture opportunities in consumer recovery [3]. - The Hong Kong Innovative Drug 50 ETF (513780) tracks leading companies in the innovative pharmaceutical sector, which is relatively scarce compared to the A-share market [3].

以下文章来源于望京博格投基 ，作者望京博格 望京博格投基 . 记录望京博格投资基金的故事 长按即可参与 风险提示：本文所提到的观点仅代表个人的意见，所涉及标的不作推荐，据此买卖，风险自负。 作者： 望京博格 来源：雪球 一、港股是港币计价的人民币资产 在港股类似腾讯这样中资企业比比皆是~ 二、A股的估值不便宜 沪深300指数目前市盈率为12.26倍，处于最近10年43.33%的位置，只能说是不贵，但是绝对算不算便宜。 在2018年、2022年、2024年沪深300最低估值都触及10-11倍市盈率。 很多人把港股当做海外资金，其实港股是实实在在的港币计价的人民币资产。 例如，腾讯控股在港股上市，股价是以港币计算的。 但是腾讯的营收、资产、支出、发工资等等都是人民币，所以腾讯控股是人民币资产，专业点就是港币计价 的人民币资产。 近期国家队兜底市场，累计申购1300亿沪深300ETF，给予沪深300指数极大的支撑。 三、纳指与标普未来情况不明 A股有国家队兜底，跌幅是有限，但是未来涨幅也有限。例如最近一年港股涨的不错，主要因为之前港股回 调的足够充分了；反观A股涨幅有限，是因为之前没有跌透。 纳指100指数（NDX ...