Group 1 - The Hang Seng Technology ETF (513260) is the only product in its category with the lowest management fee of 0.15% [1][8] - The ETF experienced a decline of over 1% during trading, with a premium frequently observed [1] - Major component stocks of the Hang Seng Technology ETF, including SMIC and Kuaishou, fell by more than 2%, while Alibaba, Tencent, Xiaomi, Meituan, and BYD saw slight declines [2][3] Group 2 - In the first half of the year, the Hong Kong stock market saw a strong rebound, with the Hang Seng Index and Hang Seng Technology Index rising by 20% and 18.68% respectively [5] - Southbound capital inflow reached 7311.93 billion HKD, accounting for 90.51% of last year's total inflow [5][7] - The IPO market in Hong Kong was robust, raising 1067.13 billion HKD, a year-on-year increase of 688.56% [6] Group 3 - Meituan launched "Raccoon Canteen," investing in 1200 centralized takeaway kitchens across the country over the next three years [3] - Major stocks favored by southbound funds included SMIC, Meituan, and Kuaishou, with net purchases of 5.6 billion, 2.6 billion, and 300 million HKD respectively [3][4] - The Hong Kong stock market's refinancing scale surged to 1436.89 billion HKD in the first half of the year, significantly exceeding the previous year's total [5]