半导体及硬件设备

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【深夜基汤98】港股科技凭啥走强?从TA的“相对优势”说起
Xin Lang Cai Jing· 2025-09-03 05:45
Core Viewpoint - The Hong Kong technology sector has shown significant growth and is positioned favorably for investment, particularly due to its unique listing system, international funding pool, and strong presence in artificial intelligence [5][10][25]. Group 1: Market Performance - The Hong Kong technology sector has outperformed global markets this year, with a notable increase in its index [5]. - As of August 26, 2025, the Hang Seng Technology Index had a price-to-earnings ratio (TTM) of 22.25, which is within a reasonable valuation range compared to historical data [17]. Group 2: Sector Composition - The market capitalization of software services and media related to artificial intelligence in the Hong Kong technology sector accounts for 56%, significantly higher than the 24% in the A-share market [7]. - The Hong Kong technology sector has a comprehensive coverage of the AI industry chain, with leading companies holding over half of the market share in the foundational layer [12]. Group 3: Investment Opportunities - The relatively low valuation of the Hong Kong technology sector suggests potential for further valuation increases, making it an attractive investment option [17]. - Investors are encouraged to consider various index funds tracking the Hang Seng Technology Index or other technology-focused funds, depending on their risk tolerance and investment knowledge [20].