Group 1 - The Hong Kong stock technology ETF (513020) has seen a rise of over 1% in intraday trading, with a net inflow of over 320 million yuan in the past 10 days [1] - The Federal Reserve has lowered the federal funds rate by 25 basis points to a range of 4% to 4.25% during the September FOMC meeting, indicating a strong possibility of further rate cuts in October [1] - Historical data shows that non-recessionary rate cuts have led to a strengthening of the Hang Seng Index, while recessionary cuts have typically resulted in a decline followed by recovery [1] Group 2 - The Hong Kong stock technology sector is home to key Chinese technology assets, often referred to as the "Eastern Silicon Valley" [2] - The underlying index of the Hong Kong stock technology ETF (513020) includes a balanced distribution across various industries such as internet, new energy vehicles, chips, biomedicine, and innovative drugs [2] - Since 2018, the Hong Kong Stock Connect Technology Index has consistently outperformed the Hang Seng Technology Index and the Hong Kong Stock Connect Internet Index, suggesting ongoing investment opportunities in the Hong Kong stock technology ETF [2]

Group 1 - The Federal Reserve announced a reduction in the federal funds rate target range from 4.25%-4.50% to 4.00%-4.25%, marking the first rate cut of the year and initiating a period of loose monetary policy [1] - The decision to cut rates by 25 basis points was in line with market expectations, but subsequent signals from the Fed created volatility in the market [2][5] - Fed Chairman Jerome Powell characterized the rate cut as a "risk management" move, indicating that the labor market is no longer "strong" and that monetary policy needs to adjust towards a "neutral" stance [4] Group 2 - Powell's remarks included a cautious tone regarding future rate movements, emphasizing that there is no preset path for policy and that decisions will depend on upcoming economic data [4] - The market reacted dramatically to the mixed signals from the Fed, initially responding positively to the prospect of three rate cuts this year, but reversing course after Powell's more hawkish comments [5][6] - Chinese assets emerged as significant beneficiaries during this period, with the Nasdaq Golden Dragon China Index rising by 2.85%, indicating that the loose monetary policy has injected liquidity into Chinese assets, making them a stable haven amid market turbulence [7]