Group 1 - The Hong Kong stock market continues to attract capital inflows due to its high dividends and the scarcity of new economy assets, with a net inflow of 605.25 billion HKD as of May 5 [1] - Invesco Great Wall Fund has developed a comprehensive product matrix of Hong Kong stock ETFs covering key sectors such as technology, consumption, pharmaceuticals, and dividends, catering to diverse investor needs [1] - The performance of various Hong Kong stock indices shows significant growth, with the Hong Kong Stock Connect Technology Index rising by 26.56% in the past six months and 52.75% over the past year [1] Group 2 - The Hong Kong Technology 50 ETF (513980) has seen a substantial increase in shares, with a total of 21.4 billion shares and a scale of 15 billion RMB, ranking first among similar index ETFs [2] - The Hang Seng Consumption ETF (513970) focuses on a wide range of consumer sectors, reflecting the transformation of the Chinese economy and the rise of young consumers [2] - The Hong Kong Innovative Drug 50 ETF (513780) covers leading companies in the innovative drug sector, benefiting from government policies supporting innovation in pharmaceuticals [2] Group 3 - In addition to high-growth sectors, Invesco Great Wall Fund has also positioned itself in high-dividend assets through the Hong Kong Dividend Low Volatility ETF (159569) and the Hong Kong Central Enterprise Dividend 50 ETF (520990) [2] - The product matrix of Hong Kong stock ETFs provides investors with diverse and convenient investment tools, enhancing the overall investment landscape in the Hong Kong market [2] - The outlook for the market suggests that changes in overseas capital attitudes towards Chinese assets and the confidence of A-share investors may lead to an overall uplift in the Hong Kong stock market [2]

今天A股看起来没有什么生气，除了上证50和几个红利指数，宽基都收跌，且80%的个股下跌，而银行再次成为避险板块，工行又刷新了历史新 高，造成这个局面的，短期来看，可能有几个原因。 1、地产刺激落空 。上周五我们在会议解读里提到的，上面对房地产的定调是已经稳住了，所以大规模刺激落空， 小作文被证伪，从上周五的高 点开始算的话，地产板块高位下跌7个点； 2、节前避险 。周四就放假了，这回五一涉及三个交易日，大家肯定还是担心在此期间海外出什么幺蛾子，毕竟本周是美股一季报发布数量最多 的一周，而A股也进入了财报高发期，周五还有美国的非农数据要公布，宏观和微观上都有不确定性，预计这周融资余额还要继续往下掉，这其 实和春节放假前的情况差不多——那几天，也是融资余额不断掉，但四大行反而创历史新高。 3、限制卖出的解禁效应 。上周宽基ETF净卖出了100亿，如果剔掉几个科创综指新发基金的建仓资金，实际净卖出的金额会更多一点，而港股南 向资金也是罕见的近期首次周度净卖出，买入的主力——国家队，则从上周开始应该进入了中场休息，好多天没买，所以势必使得市场有一定的 抛压需要释放。 4、产业小作文可能会被整顿 。 就是有个比较知名的 ...