中新社香港1月9日电 (记者 戴小橦)港股三大指数9日齐涨，截至收盘，香港恒生指数涨0.32%，报 26231.79点；恒生科技指数涨0.15%，报5687.14点；国企指数涨0.1%，报9048.53点。 对于港股9日的反弹及后续走势，市场人士给出积极解读。盈立证券研究部执行董事黄德几表示，中国 内地经济数据向好，最新居民消费价格指数(CPI)同比增长0.8%，符合预期；工业生产者出厂价格指数 (PPI)也有所改善，这是推动港股9日出现轻微反弹的重要原因。(完) 1月9日，香港恒生指数收市报26231.79点，上升82.48点，升幅为0.32%，全日成交金额为2451.30亿港 元。 中新社记者 陈永诺 摄 回顾全周，港股市场呈现"开门红后震荡回调"的节奏。香港恒生指数在1月6日一度升至26858.13点，创 下自去年11月14日以来的最佳点位。同期恒生科技指数走势相近，单日最高触及5875.32点，同样刷新 2025年11月14日以来的新高。 板块方面，互联网医疗股走势亮眼，阿里健康领涨4.72%，平安好医生、京东健康涨幅超2.9%。黄金股 集体上扬，山东黄金涨6.12%，招金矿业、灵宝黄金等跟涨。有色金 ...

Group 1: A-Share Market Activity - The A-share market has seen increased trading activity, with the Shanghai Composite Index surpassing 3600 points, indicating a positive market cycle driven by profit effects [3][4] - Since July, there has been a significant inflow of funds into industry-themed ETFs, with active equity fund issuance showing a notable recovery [3][4] - Institutional positions have been continuously increasing, becoming a crucial support for the market rally [3][7] Group 2: ETF Inflows - Industry-themed ETFs have attracted substantial capital, particularly in three main areas: dividend-themed ETFs, AI sector ETFs, and ETFs related to policies aimed at reducing competition [4][5][6] - Notable inflows include 39.45 billion RMB into the Southern S&P China A-Share Large Cap Dividend Low Volatility ETF and 30.54 billion RMB into the Huatai-PB CSI Dividend Low Volatility ETF since July [4] - The surge in industry-themed ETF sizes often correlates with improved market activity and the formation of consensus on market themes [4][5] Group 3: Active Equity Funds - Active equity funds have experienced a resurgence, with an average annual return exceeding 14% and several products doubling in net value [6][7] - Seven active equity funds launched since July have raised over 1 billion RMB each, with the largest being the Dacheng Insight Advantage Mixed Fund at 2.461 billion RMB [6] - The second batch of floating management fee funds is also being launched, potentially driving further growth in the active equity fund market [6] Group 4: Institutional Investment Sentiment - Institutions have been increasing their positions, with average stock fund positions reaching approximately 90.55% as of August 8, reflecting a bullish outlook [7][8] - Major public funds, such as Southern Fund, have committed over 230 million RMB to their own equity funds, indicating confidence in the long-term stability of the capital market [8] - Analysts believe that the A-share market is currently in a favorable position for long-term investment, with expectations of continued inflows of capital [8][9] Group 5: Hong Kong Market Dynamics - There is a significant shift in global asset allocation, with a notable influx of capital into the Hong Kong market, which has become a favored destination for global investors [10][11] - As of August 11, net inflows from southbound funds into Hong Kong exceeded 800 billion RMB, surpassing the total for the entire year of 2024 [11] - The Hong Kong market is seen as a bridge for investing in China, with many private equity firms increasing their allocations to Hong Kong stocks while reducing exposure to U.S. equities [10][13] Group 6: Investment Opportunities in Hong Kong - The technology sector remains a key focus for institutional investors, with major stocks like Tencent and Alibaba seeing high trading volumes [17][18] - High-dividend stocks and new consumption sectors are also attracting attention, with significant net purchases in financials and consumer discretionary sectors [18] - The emergence of new core assets in China, driven by economic transformation, is expected to attract more global capital into the Hong Kong market [18]