Group 1: Market Performance - The Hang Seng Tech ETF (513260) experienced a decline of 0.56%, while attracting over 300 million yuan in the past five days, bringing its total size to over 5.6 billion yuan [1] - The financing balance for the ETF has exceeded 140 million yuan, indicating strong interest from investors [1] - The Huatai Securities report highlights that the performance of the Hong Kong stock market in August will be crucial for determining the continuation of the market trend [9] Group 2: Company Performance - Tencent reported a revenue of 364.53 billion yuan for the first half of 2025, a year-on-year increase of 14%, with a net profit of 124.38 billion yuan, up 16% [6] - JD Health achieved a total revenue of 35.3 billion yuan in the first half of 2025, reflecting a growth of 24.5%, with a net profit of 3.57 billion yuan, up 35% [6] - Tencent's advertising revenue for Q2 2025 reached 35.8 billion yuan, marking a 20% increase year-on-year, driven by AI applications [7] Group 3: Industry Trends - The digital infrastructure in China is leading globally, with 4.55 million 5G base stations and 226 million gigabit broadband users expected by mid-2025 [5] - The AI sector is becoming a significant growth driver for companies, with applications in gaming, advertising, and financial technology [7] - The "anti-involution" policy is expected to benefit certain sectors, including solar energy, rare earths, and pharmaceuticals, as the market shifts focus from liquidity to performance [9][10]

今日（4.24）港股飘绿，恒生科技ETF基金（513260）回调跌超1%。资金逢跌布局，盘中溢价走阔达0.24%，反映资金情绪乐观，近60日净流入近27亿 元，恒生科技ETF基金（513260）最新基金规模突破41亿元，再创新高！ 海外方面，昨夜美股暴涨，纳斯达克中国金龙指数一度涨超5%。消息面上，美高层"松口"，表示目前对我国进口商品的关税过高，预计税率将大幅降 低，在某些情况下削减幅度超过一半。 年初以来，南向资金累计净流入已超6077亿港元，是去年同期的近4倍！买入标的集中在科技资产，近7日以来，恒生科技ETF基金（513260）标的指数 成份股中，阿里巴巴、腾讯控股、美团位居前三。 | | | | | 南回 | | --- | --- | --- | --- | --- | | 排名 | 股票代码 | 股票简称 | | 净买入 排名 | | 1 | 9988.HK | 阿里巴巴 W | 64.48 | 1 | | 2 | 0700.HK | 腾讯控股 | 46.83 | 2 | | 3 | 3690.HK | 美团-W | 23.61 | 3 | | ব | 9992.HK | 泡泡玛特 | 15.2 ...